Report Update Nov 1, 2024

Finland - Water-Skis, Surfboards and Sailboards - Market Analysis, Forecast, Size, Trends and Insights

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Finland: Water-Skis And Surfboards Market 2024

Water-Skis And Surfboards Market Size in Finland

The Finnish water-skis and surfboards market surged to $X in 2022, jumping by 19% against the previous year. Over the period under review, consumption posted a significant increase. Water-skis and surfboards consumption peaked in 2022 and is expected to retain growth in the near future.

Water-Skis And Surfboards Production in Finland

In value terms, water-skis and surfboards production declined rapidly to $X in 2022 estimated in export price. In general, production saw a prominent increase. The growth pace was the most rapid in 2020 with an increase of 209%. Over the period under review, production hit record highs at $X in 2021, and then declined notably in the following year.

Water-Skis And Surfboards Exports

Exports from Finland

In 2022, the amount of water-skis, surfboards and sailboards exported from Finland soared to X units, with an increase of 46% on the year before. Over the period under review, exports posted a significant increase. The growth pace was the most rapid in 2018 with an increase of 338%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, water-skis and surfboards exports soared to $X in 2022. In general, exports saw a prominent increase. The pace of growth was the most pronounced in 2018 with an increase of 250% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

Exports by Country

Sweden (X units) was the main destination for water-skis and surfboards exports from Finland, with a 47% share of total exports. Moreover, water-skis and surfboards exports to Sweden exceeded the volume sent to the second major destination, Estonia (X units), twofold. The UK (X units) ranked third in terms of total exports with a 5.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden stood at +39.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+30.8% per year) and the UK (+119.7% per year).

In value terms, Sweden ($X) emerged as the key foreign market for water-skis, surfboards and sailboards exports from Finland, comprising 40% of total exports. The second position in the ranking was taken by Estonia ($X), with an 18% share of total exports. It was followed by the UK, with a 4.9% share.

From 2012 to 2022, the average annual growth rate of value to Sweden amounted to +33.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (+37.4% per year) and the UK (+114.5% per year).

Export Prices by Country

The average water-skis and surfboards export price stood at $X per unit in 2022, dropping by -5.2% against the previous year. Over the period under review, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2014 an increase of 27% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Lithuania ($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 Latvia (+6.3%), while the prices for the other major destinations experienced more modest paces of growth.

Water-Skis And Surfboards Imports

Imports into Finland

For the fourth consecutive year, Finland recorded growth in purchases abroad of water-skis, surfboards and sailboards, which increased by 17% to X units in 2022. Over the period under review, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2021 with an increase of 141%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, water-skis and surfboards imports skyrocketed to $X in 2022. In general, imports enjoyed a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 147% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, China (X units) was the main water-skis and surfboards supplier to Finland, accounting for a approx. 95% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from China amounted to +27.0%.

In value terms, China ($X) constituted the largest supplier of water-skis, surfboards and sailboards to Finland.

From 2012 to 2022, the average annual rate of growth in terms of value from China stood at +33.1%.

Import Prices by Country

In 2022, the average water-skis and surfboards import price amounted to $X per unit, growing by 4.5% against the previous year. In general, the import price, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2016 an increase of 32%. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

As there is only one major supplying country, the average price level is determined by prices for China.

From 2012 to 2022, the rate of growth in terms of prices for China amounted to +4.8% per year.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for water-skis, surfboards and sailboards in the world?

China constituted the country with the largest volume of water-skis and surfboards consumption, accounting for 29% of total volume. Moreover, water-skis and surfboards consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The United States ranked third in terms of total consumption with an 8.3% share.

What are the largest producers of water-skis, surfboards and sailboards in the world?

China constituted the country with the largest volume of water-skis and surfboards production, accounting for 62% of total volume. Moreover, water-skis and surfboards production in China exceeded the figures recorded by the second-largest producer, India, tenfold. The United States ranked third in terms of total production with a 5.9% share.

What are the leading suppliers of water-skis, surfboards and sailboards to Finland?

In value terms, China constituted the largest supplier of water-skis and surfboards to Finland, comprising 75% of total imports. The second position in the ranking was occupied by Sweden, with a 9.2% share of total imports. It was followed by the Netherlands, with a 5.1% share.

What are the leading importers of water-skis, surfboards and sailboards from Finland?

In value terms, the largest markets for water-skis and surfboards exported from Finland were Estonia, Sweden and the UK, with a combined 41% share of total exports.

What is the average export price for water-skis, surfboards and sailboards in Finland?

In 2021, the average water-skis and surfboards export price amounted to $6.9 per unit, waning by -21.9% against the previous year.

What is the average import price for water-skis, surfboards and sailboards in Finland?

The average water-skis and surfboards import price stood at $3.1 per unit in 2021, with an increase of 1.9% against the previous year.

This report provides an in-depth analysis of the water-skis and surfboards 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 32301300 - Water-skis, surfboards, sailboards and other water-sport equipment

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