Finland: Super-Heated Water Boiler Market 2025

Super-Heated Water Boiler Market Size in Finland

The Finnish super-heated water boiler market reached $X in 2021, rising by 2.6% against the previous year. In general, consumption, however, enjoyed a remarkable increase. Super-heated water boiler consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Super-Heated Water Boiler Production in Finland

In value terms, super-heated water boiler production rose notably to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a dramatic contraction. The most prominent rate of growth was recorded in 2015 when the production volume increased by 100% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a somewhat lower figure.

Super-Heated Water Boiler Exports

Exports from Finland

Super-heated water boiler exports from Finland dropped rapidly to X tons in 2021, waning by -32.3% against the previous year. In general, exports recorded a dramatic descent. The most prominent rate of growth was recorded in 2020 when exports increased by 612% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, super-heated water boiler exports contracted dramatically to $X in 2021. Overall, exports showed a sharp descent. The most prominent rate of growth was recorded in 2020 when exports increased by 172%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

Estonia (X tons) was the main destination for super-heated water boiler exports from Finland, with a 78% share of total exports. Moreover, super-heated water boiler exports to Estonia exceeded the volume sent to the second major destination, Sweden (X tons), sixfold. Canada (X kg) ranked third in terms of total exports with a 3.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Estonia amounted to +196.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-39.6% per year) and Canada (+3,580.0% per year).

In value terms, Estonia ($X) emerged as the key foreign market for super-heated water boilers exports from Finland, comprising 42% of total exports. The second position in the ranking was taken by Sweden ($X), with a 19% share of total exports. It was followed by Canada, with a 15% share.

From 2012 to 2021, the average annual growth rate of value to Estonia amounted to +176.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-32.4% per year) and Canada (+2,889.4% per year).

Export Prices by Country

In 2021, the average super-heated water boiler export price amounted to $X per ton, which is down by -22.1% against the previous year. Over the period under review, the export price, however, posted a strong increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by 227%. As a result, the export price attained the peak level of $X per ton. From 2020 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Canada ($X per ton), while the average price for exports to Estonia ($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 Sweden (+12.0%), while the prices for the other major destinations experienced mixed trend patterns.

Super-Heated Water Boiler Imports

Imports into Finland

In 2021, approx. X tons of super-heated water boilers were imported into Finland; which is down by -40.2% against the previous year. In general, imports, however, continue to indicate slight growth. The pace of growth was the most pronounced in 2020 with an increase of 745% against the previous year. As a result, imports attained the peak of X tons, and then fell rapidly in the following year.

In value terms, super-heated water boiler imports surged to $X in 2021. Overall, imports, however, posted resilient growth. The pace of growth appeared the most rapid in 2018 with an increase of 133%. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the near future.

Imports by Country

Denmark (X tons), South Korea (X tons) and Norway (X tons) were the main suppliers of super-heated water boiler imports to Finland, with a combined 86% share of total imports. The Czech Republic, Lithuania, Italy, Poland and Germany lagged somewhat behind, together comprising a further 14%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +34.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest super-heated water boiler suppliers to Finland were the Czech Republic ($X), South Korea ($X) and Norway ($X), with a combined 81% share of total imports.

Among the main suppliers, the Czech Republic, with a CAGR of +56.6%, 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 super-heated water boiler import price amounted to $X per ton, surging by 109% against the previous year. Over the period under review, the import price showed resilient growth. The pace of growth was the most pronounced in 2016 when the average import price increased by 659% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Czech Republic ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Czech Republic (+39.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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