Finland: Non-Medical X-Ray Market 2025

Non-Medical X-Ray Market Size in Finland

In 2021, the Finnish non-medical x-ray market decreased by -54.1% to $X for the first time since 2017, thus ending a three-year rising trend. Over the period under review, consumption saw a abrupt contraction. Non-medical x-ray consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Non-Medical X-Ray Production in Finland

In value terms, non-medical x-ray production surged to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Non-Medical X-Ray Exports

Exports from Finland

In 2021, overseas shipments of non-medical x-rays were finally on the rise to reach X tons after three years of decline. In general, exports posted a significant expansion. The pace of growth appeared the most rapid in 2015 when exports increased by 237% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, non-medical x-ray exports surged to $X in 2021. Over the period under review, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Germany (X tons) was the main destination for non-medical x-ray exports from Finland, with a 82% share of total exports. Moreover, non-medical x-ray exports to Germany exceeded the volume sent to the second major destination, Australia (X tons), more than tenfold. Russia (X tons) ranked third in terms of total exports with a 2.4% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany totaled +48.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+36.9% per year) and Russia (+19.5% per year).

In value terms, Germany ($X) remains the key foreign market for non-medical x-rays exports from Finland, comprising 31% of total exports. The second position in the ranking was held by Australia ($X), with a 14% share of total exports. It was followed by Russia, with a 10% share.

From 2012 to 2021, the average annual growth rate of value to Germany stood at +24.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Australia (+12.8% per year) and Russia (+2.6% per year).

Export Prices by Country

The average non-medical x-ray export price stood at $X per ton in 2021, waning by -19.8% against the previous year. Overall, the export price continues to indicate a dramatic curtailment. The growth pace was the most rapid in 2020 when the average export price increased by 45% against the previous year. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Russia ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+12.2%), while the prices for the other major destinations experienced a decline.

Non-Medical X-Ray Imports

Imports into Finland

In 2021, supplies from abroad of non-medical x-rays decreased by -31.7% to X tons, falling for the third year in a row after two years of growth. Overall, imports, however, showed a modest expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 153%. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, non-medical x-ray imports expanded sharply to $X in 2021. In general, imports, however, showed a remarkable increase. The most prominent rate of growth was recorded in 2013 when imports increased by 123%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), Germany (X tons) and the United States (X tons) were the main suppliers of non-medical x-ray imports to Finland, with a combined 54% share of total imports. These countries were followed by Sweden, Japan, South Korea, the UK, Denmark and the Netherlands, which together accounted for a further 38%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +54.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-medical x-ray suppliers to Finland were Japan ($X), Germany ($X) and China ($X), together accounting for 48% of total imports.

Among the main suppliers, Japan, with a CAGR of +64.2%, saw the highest growth rate of 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 2021, the average non-medical x-ray import price amounted to $X per ton, growing by 54% against the previous year. Over the period under review, import price indicated a temperate increase from 2012 to 2021: its price increased at an average annual rate of +4.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was the Netherlands ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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