Finland: Market for Plastics Bidets, Lavatory Pans and Flushing Cisterns 2024

Market Size for Plastics Bidets, Lavatory Pans and Flushing Cisterns in Finland

In 2021, the Finnish market for plastics bidets, lavatory pans and flushing cisterns decreased by -31.9% to $X, falling for the fourth year in a row after three years of growth. Over the period under review, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2018 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Plastics Bidets, Lavatory Pans and Flushing Cisterns in Finland

In value terms, production of plastics bidets, lavatory pans and flushing cisterns dropped sharply to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a sharp setback. The pace of growth appeared the most rapid in 2015 with an increase of 113% against the previous year. Production of peaked at $X in 2017; however, from 2018 to 2021, production failed to regain momentum.

Exports of Plastics Bidets, Lavatory Pans and Flushing Cisterns

Exports from Finland

In 2021, overseas shipments of plastics bidets, lavatory pans and flushing cisterns were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Overall, exports saw significant growth. The growth pace was the most rapid in 2015 with an increase of 539%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, exports of plastics bidets, lavatory pans and flushing cisterns expanded markedly to $X in 2021. Over the period under review, exports recorded a significant expansion. The growth pace was the most rapid in 2015 with an increase of 324% against the previous year. Over the period under review, the exports of attained the maximum in 2021 and are likely to see steady growth in years to come.

Exports by Country

Poland (X units), Sweden (X units) and Germany (X units) were the main destinations of exports of plastics bidets, lavatory pans and flushing cisterns from Finland, together accounting for 50% of total exports. Austria, Russia, Belgium and France lagged somewhat behind, together accounting for a further 32%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of +261.8%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Poland ($X) and Germany ($X) constituted the largest markets for plastics bidets, lavatory pans and flushing cisterns exported from Finland worldwide, with a combined 50% share of total exports. Austria, Belgium, Russia and France lagged somewhat behind, together comprising a further 28%.

Austria, with a CAGR of +162.4%, recorded 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

The average export price for plastics bidets, lavatory pans and flushing cisterns stood at $X per unit in 2021, therefore, remained relatively stable against the previous year. Over the period under review, the export price, however, saw a perceptible slump. The pace of growth appeared the most rapid in 2013 an increase of 17% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Sweden ($X per unit), while the average price for exports to Austria ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+2.2%), while the prices for the other major destinations experienced a decline.

Imports of Plastics Bidets, Lavatory Pans and Flushing Cisterns

Imports into Finland

In 2021, overseas purchases of plastics bidets, lavatory pans and flushing cisterns increased by 22% to X units for the first time since 2017, thus ending a three-year declining trend. In general, imports, however, saw a noticeable contraction. The growth pace was the most rapid in 2016 with an increase of 34%. Imports peaked at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, imports of plastics bidets, lavatory pans and flushing cisterns surged to $X in 2021. Over the period under review, total imports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +3.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +40.6% against 2019 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 39% against the previous year. Imports peaked in 2021 and are likely to see steady growth in the immediate term.

Imports by Country

In 2021, Germany (X units) constituted the largest plastics bidets, lavatory pans and flushing cisterns supplier to Finland, accounting for a 36% share of total imports. Moreover, imports of plastics bidets, lavatory pans and flushing cisterns from Germany exceeded the figures recorded by the second-largest supplier, Poland (X units), threefold. Sweden (X units) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+40.6% per year) and Sweden (-6.2% per year).

In value terms, the largest plastics bidets, lavatory pans and flushing cisterns suppliers to Finland were Germany ($X), Sweden ($X) and Poland ($X), together accounting for 66% of total imports. Slovakia, Denmark, China, Ukraine, Estonia, Italy and Portugal lagged somewhat behind, together accounting for a further 24%.

Slovakia, with a CAGR of +172.9%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for plastics bidets, lavatory pans and flushing cisterns stood at $X per unit in 2021, increasing by 4.9% against the previous year. In general, import price indicated strong growth from 2012 to 2021: its price increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, import price for plastics bidets, lavatory pans and flushing cisterns increased by +78.2% against 2013 indices. The most prominent rate of growth was recorded in 2019 an increase of 13% against the previous year. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Sweden ($X per unit), while the price for Ukraine ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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