Report Update Nov 1, 2024

Finland - Iron or Steel Gas Domestic Appliances - Market Analysis, Forecast, Size, Trends and Insights

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Finland: Metal Gas Appliances Market 2024

Metal Gas Appliances Market Size in Finland

The Finnish metal gas appliances market skyrocketed to $X in 2022, with an increase of 77% against the previous year. Overall, consumption, however, showed a abrupt curtailment. Metal gas appliances consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Metal Gas Appliances Production in Finland

In value terms, metal gas appliances production rose markedly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a deep slump. The most prominent rate of growth was recorded in 2019 when the production volume increased by 354%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Metal Gas Appliances Exports

Exports from Finland

In 2022, the amount of iron or steel gas domestic appliances exported from Finland skyrocketed to X units, jumping by 86% on the year before. Overall, exports posted a prominent expansion. The pace of growth was the most pronounced in 2013 when exports increased by 136% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, metal gas appliances exports soared to $X in 2022. In general, exports saw significant growth. The growth pace was the most rapid in 2013 with an increase of 247%. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Estonia (X units), Sweden (X units) and Lithuania (X units) were the main destinations of metal gas appliances exports from Finland, together comprising 68% of total exports. The UK, Latvia, Norway and Australia lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +127.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal gas appliances exported from Finland were Sweden ($X), Lithuania ($X) and Estonia ($X), together accounting for 60% of total exports. Latvia, the UK, Norway and Australia lagged somewhat behind, together accounting for a further 31%.

The UK, with a CAGR of +91.7%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average metal gas appliances export price amounted to $X per unit, dropping by -5.6% against the previous year. Overall, the export price, however, saw a perceptible increase. The pace of growth appeared the most rapid in 2016 an increase of 184%. Over the period under review, the average export prices hit record highs at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to Estonia ($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 Norway (+22.7%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Gas Appliances Imports

Imports into Finland

Metal gas appliances imports into Finland skyrocketed to X units in 2022, growing by 81% on the year before. In general, imports continue to indicate a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 116% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, metal gas appliances imports soared to $X in 2022. Overall, imports saw a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest metal gas appliances supplier to Finland, with a 90% share of total imports. Moreover, metal gas appliances imports from China exceeded the figures recorded by the second-largest supplier, Estonia (X units), tenfold.

From 2012 to 2022, the average annual growth rate of volume from China stood at +23.9%.

In value terms, China ($X) constituted the largest supplier of iron or steel gas domestic appliances to Finland, comprising 84% of total imports. The second position in the ranking was held by Estonia ($X), with a 12% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China amounted to +17.1%.

Import Prices by Country

In 2022, the average metal gas appliances import price amounted to $X per unit, remaining constant against the previous year. Overall, the import price, however, showed a abrupt setback. The pace of growth was the most pronounced in 2016 when the average import price increased by 40%. Over the period under review, average import prices reached the peak figure at $X per unit in 2017; however, from 2018 to 2022, import prices remained at a lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Estonia ($X per unit), while the price for China amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (-3.0%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel gas domestic appliances in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 47% share of global consumption.

What are the largest producers of iron or steel gas domestic appliances in the world?

China constituted the country with the largest volume of metal gas appliances production, accounting for 33% of total volume. Moreover, metal gas appliances production in China exceeded the figures recorded by the second-largest producer, the Netherlands, threefold. The third position in this ranking was occupied by India, with a 7.8% share.

What are the leading suppliers of iron or steel gas domestic appliances to Finland?

In value terms, China constituted the largest supplier of metal gas appliances to Finland, comprising 72% of total imports. The second position in the ranking was occupied by the Netherlands, with a 12% share of total imports. It was followed by Denmark, with a 6.1% share.

What are the leading importers of iron or steel gas domestic appliances from Finland?

In value terms, Norway, Lithuania and Estonia appeared to be the largest markets for metal gas appliances exported from Finland worldwide, together comprising 51% of total exports.

What is the average export price for iron or steel gas domestic appliances in Finland?

The average metal gas appliances export price stood at $45 per unit in 2021, which is down by -4.8% against the previous year.

What is the average import price for iron or steel gas domestic appliances in Finland?

The average metal gas appliances import price stood at $32 per unit in 2021, falling by -8.6% against the previous year.

This report provides an in-depth analysis of the metal gas appliances market in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 27521234 - Iron or steel gas domestic appliances, including heaters, g rates, fires and braziers, for both gas and other fuels radiators (excluding cooking appliances and plate warmers )

Country coverage:

Finland

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Finland
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023