Finland: Dental Fitting Market 2024

Dental Fitting Market Size in Finland

The Finnish dental fitting market amounted to $X in 2022, rising by 6.1% against the previous year. Over the period under review, consumption posted prominent growth. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market remained at a somewhat lower figure.

Dental Fitting Production in Finland

In value terms, dental fitting production fell to $X in 2022 estimated in export price. Overall, production posted a strong increase. The growth pace was the most rapid in 2014 with an increase of 233% against the previous year. Dental fitting production peaked at $X in 2021, and then declined in the following year.

Dental Fitting Exports

Exports from Finland

For the fourth year in a row, Finland recorded decline in shipments abroad of dental fittings, which decreased by -8.9% to X kg in 2022. In general, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2016 when exports increased by 123% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports remained at a lower figure.

In value terms, dental fitting exports dropped to $X in 2022. Over the period under review, exports faced a abrupt descent. The pace of growth appeared the most rapid in 2016 when exports increased by 103%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Turkey (X kg) was the main destination for dental fitting exports from Finland, with a 35% share of total exports. Moreover, dental fitting exports to Turkey exceeded the volume sent to the second major destination, Norway (X kg), twofold. Estonia (X kg) ranked third in terms of total exports with an 11% share.

From 2012 to 2022, the average annual growth rate of volume to Turkey was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-1.6% per year) and Estonia (+11.4% per year).

In value terms, Norway ($X), Sweden ($X) and Japan ($X) were the largest markets for dental fitting exported from Finland worldwide, with a combined 57% share of total exports. Turkey, Estonia, Russia and Hong Kong SAR lagged somewhat behind, together accounting for a further 26%.

Among the main countries of destination, Turkey, with a CAGR of +2,711.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average dental fitting export price stood at $X per kg in 2022, declining by -2.3% against the previous year. In general, the export price recorded a perceptible slump. The pace of growth was the most pronounced in 2017 an increase of 71% against the previous year. Over the period under review, the average export prices hit record highs at $X per kg in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per kg), while the average price for exports to Turkey ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.

Dental Fitting Imports

Imports into Finland

In 2022, imports of dental fittings into Finland contracted to X tons, reducing by -8.1% on 2021 figures. In general, imports continue to indicate a mild decrease. The most prominent rate of growth was recorded in 2021 with an increase of 113%. Imports peaked at X tons in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, dental fitting imports dropped to $X in 2022. Over the period under review, imports saw a slight shrinkage. The pace of growth was the most pronounced in 2021 when imports increased by 29% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

The United States (X kg), Russia (X kg) and Switzerland (X kg) were the main suppliers of dental fitting imports to Finland, together comprising 61% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Russia (with a CAGR of +327.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Switzerland ($X), the United States ($X) and Germany ($X) constituted the largest dental fitting suppliers to Finland, with a combined 81% share of total imports. Sweden, Russia, the UK and China lagged somewhat behind, together accounting for a further 13%.

Among the main suppliers, Russia, with a CAGR of +262.9%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average dental fitting import price amounted to $X per kg, almost unchanged from the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 50%. Over the period under review, average import prices attained the peak figure at $X per kg in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per kg), while the price for China ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+7.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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