Finland: Market for Dentist And Barber Chairs 2024

Market Size for Dentist And Barber Chairs in Finland

In 2022, the Finnish dentist or barber chair market decreased by -1.1% to $X, falling for the second consecutive year after two years of growth. In general, consumption, however, enjoyed a strong expansion. Dentist or barber chair consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Dentist And Barber Chairs in Finland

In value terms, dentist or barber chair production declined to $X in 2022 estimated in export price. Over the period under review, production recorded a prominent expansion. The most prominent rate of growth was recorded in 2019 when the production volume increased by 254%. Dentist or barber chair production peaked at $X in 2021, and then fell slightly in the following year.

Exports of Dentist And Barber Chairs

Exports from Finland

After two years of growth, shipments abroad of dentist and barber chairs decreased by -3.5% to X units in 2022. In general, exports saw a perceptible curtailment. The pace of growth appeared the most rapid in 2017 with an increase of 32%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, dentist or barber chair exports stood at $X in 2022. Over the period under review, total exports indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +50.9% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of 56% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in years to come.

Exports by Country

Belgium (X units), the Netherlands (X units) and Sweden (X units) were the main destinations of dentist or barber chair exports from Finland, together accounting for 41% of total exports. France, Canada, Norway, Germany, Switzerland, Australia and Denmark lagged somewhat behind, together accounting for a further 48%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Canada (with a CAGR of +48.4%), while the other leaders experienced more modest paces of growth.

In value terms, Canada ($X) emerged as the key foreign market for dentist and barber chairs exports from Finland, comprising 27% of total exports. The second position in the ranking was held by France ($X), with an 8.1% share of total exports. It was followed by Norway, with a 7.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada totaled +64.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-5.2% per year) and Norway (+7.7% per year).

Export Prices by Country

The average dentist or barber chair export price stood at $X per unit in 2022, picking up by 18% against the previous year. Overall, export price indicated a prominent increase from 2012 to 2022: its price increased at an average annual rate of +7.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dentist or barber chair export price increased by +110.9% against 2012 indices. The most prominent rate of growth was recorded in 2017 an increase of 18% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Dentist And Barber Chairs

Imports into Finland

In 2022, overseas purchases of dentist and barber chairs decreased by -13.4% to X units, falling for the second consecutive year after three years of growth. Overall, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 101% against the previous year. Imports peaked at X units in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, dentist or barber chair imports contracted modestly to $X in 2022. Over the period under review, imports, however, recorded a pronounced increase. The most prominent rate of growth was recorded in 2020 with an increase of 62% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of dentist or barber chair to Finland, accounting for a 53% share of total imports. Moreover, dentist or barber chair imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. Germany (X units) ranked third in terms of total imports with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +10.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+0.8% per year) and Germany (-18.3% per year).

In value terms, Italy ($X) constituted the largest supplier of dentist and barber chairs to Finland, comprising 37% of total imports. The second position in the ranking was taken by Austria ($X), with an 18% share of total imports. It was followed by China, with a 17% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy stood at +11.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+9.1% per year) and China (+9.8% per year).

Import Prices by Country

The average dentist or barber chair import price stood at $X per unit in 2022, rising by 12% against the previous year. In general, import price indicated strong growth from 2012 to 2022: its price increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, dentist or barber chair import price increased by +89.3% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of 39% against the previous year. Over the period under review, average import prices reached the maximum in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+16.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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