Finland: Non-Household Fan Market 2025

Non-Household Fan Market Size in Finland

In 2022, after two years of growth, there was significant decline in the Finnish non-household fan market, when its value decreased by -50.5% to $X. Overall, consumption, however, recorded a remarkable increase. As a result, consumption attained the peak level of $X, and then shrank sharply in the following year.

Non-Household Fan Production in Finland

In value terms, non-household fan production surged to $X in 2022 estimated in export price. Over the period under review, production saw a deep setback. Non-household fan production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Non-Household Fan Exports

Exports from Finland

In 2022, the amount of non-household ventilation fans exported from Finland contracted rapidly to X units, waning by -54.3% against the previous year's figure. In general, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when exports increased by 44%. The exports peaked at X units in 2021, and then shrank significantly in the following year.

In value terms, non-household fan exports fell rapidly to $X in 2022. Overall, exports saw a abrupt shrinkage. The pace of growth was the most pronounced in 2014 when exports increased by 19%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Russia (X units) was the main destination for non-household fan exports from Finland, accounting for a 29% share of total exports. Moreover, non-household fan exports to Russia exceeded the volume sent to the second major destination, the United States (X units), twofold. The Netherlands (X units) ranked third in terms of total exports with an 8.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Russia amounted to +14.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (+10.2% per year) and the Netherlands (+7.5% per year).

In value terms, the largest markets for non-household fan exported from Finland were the United States ($X), Sweden ($X) and Germany ($X), with a combined 29% share of total exports. China, Estonia, Russia, the Netherlands, Brazil, Norway, Turkey, India and Lithuania lagged somewhat behind, together comprising a further 30%.

Brazil, with a CAGR of +29.9%, recorded the highest growth rate of the value of exports, in terms of 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 non-household fan export price amounted to $X per unit, surging by 20% against the previous year. Over the period under review, the export price, however, saw a deep slump. Over the period under review, the average export prices attained the peak figure at $X per unit in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per unit), while the average price for exports to Russia ($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 Estonia (+11.8%), while the prices for the other major destinations experienced mixed trend patterns.

Non-Household Fan Imports

Imports into Finland

In 2022, approx. X units of non-household ventilation fans were imported into Finland; with a decrease of -39.5% against 2021 figures. Over the period under review, imports recorded a mild reduction. The most prominent rate of growth was recorded in 2014 with an increase of 16% against the previous year. Over the period under review, imports attained the peak figure at X units in 2021, and then shrank dramatically in the following year.

In value terms, non-household fan imports dropped sharply to $X in 2022. In general, imports continue to indicate a pronounced slump. The pace of growth appeared the most rapid in 2018 with an increase of 19%. Over the period under review, imports reached the peak figure at $X in 2021, and then fell markedly in the following year.

Imports by Country

China (X units), Germany (X units) and Vietnam (X units) were the main suppliers of non-household fan imports to Finland, with a combined 71% share of total imports. The Philippines, Hungary, Thailand, Sweden, Taiwan (Chinese) and Indonesia lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of +85.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of non-household ventilation fans to Finland, comprising 50% of total imports. The second position in the ranking was taken by China ($X), with a 9% share of total imports. It was followed by Sweden, with an 8.3% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+11.2% per year) and Sweden (+1.6% per year).

Import Prices by Country

In 2022, the average non-household fan import price amounted to $X per unit, which is down by -10.7% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by 13% against the previous year. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices remained at a lower figure.

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 Sweden ($X per unit), while the price for the Philippines ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+23.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform