Finland: X-Ray Apparatus Market 2025

X-Ray Apparatus Market Size in Finland

The Finnish x-ray apparatus market rose significantly to $X in 2022, surging by 14% against the previous year. Overall, consumption saw a remarkable increase. Over the period under review, the market hit record highs at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

X-Ray Apparatus Production in Finland

In value terms, x-ray apparatus production reduced to $X in 2022 estimated in export price. Over the period under review, production saw a slight decline. The pace of growth was the most pronounced in 2021 with an increase of 35% against the previous year. X-ray apparatus production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

X-Ray Apparatus Exports

Exports from Finland

After two years of growth, overseas shipments of x-ray apparatus decreased by -2.5% to X units in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. Over the period under review, the exports attained the maximum at X units in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, x-ray apparatus exports reduced slightly to $X in 2022. Overall, exports recorded a mild reduction. The most prominent rate of growth was recorded in 2021 with an increase of 28%. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units) was the main destination for x-ray apparatus exports from Finland, accounting for a 36% share of total exports. Moreover, x-ray apparatus exports to the United States exceeded the volume sent to the second major destination, Germany (X units), fivefold. The third position in this ranking was taken by Australia (X units), with a 3.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States stood at -1.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+5.1% per year) and Australia (+7.1% per year).

In value terms, the United States ($X) remains the key foreign market for x-ray apparatus exports from Finland, comprising 42% of total exports. The second position in the ranking was taken by Germany ($X), with a 4.9% share of total exports. It was followed by Italy, with a 4.8% share.

From 2012 to 2022, the average annual growth rate of value to the United States stood at +1.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-1.1% per year) and Italy (-3.9% per year).

Export Prices by Country

In 2022, the average x-ray apparatus export price amounted to $X per unit, declining by -2.5% against the previous year. Over the period under review, the export price saw a slight contraction. The pace of growth was the most pronounced in 2019 an increase of 66% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per unit), while the average price for exports to Sweden ($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 Russia (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

X-Ray Apparatus Imports

Imports into Finland

X-ray apparatus imports into Finland skyrocketed to X units in 2022, jumping by 794% compared with the previous year's figure. Overall, imports posted a prominent expansion. Over the period under review, imports attained the maximum at X units in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, x-ray apparatus imports skyrocketed to $X in 2022. In general, total imports indicated a noticeable increase from 2012 to 2022: its value increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), the United States (X units) and Germany (X units) were the main suppliers of x-ray apparatus imports to Finland, with a combined 76% share of total imports. Canada, Sweden, the UK, Denmark and Japan lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +54.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of x-ray apparatus to Finland, comprising 38% of total imports. The second position in the ranking was taken by the United States ($X), with a 17% share of total imports. It was followed by China, with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +5.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-5.7% per year) and China (+17.5% per year).

Import Prices by Country

In 2022, the average x-ray apparatus import price amounted to $X per unit, shrinking by -81.7% against the previous year. Over the period under review, the import price continues to indicate a abrupt slump. The growth pace was the most rapid in 2018 an increase of 295%. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Canada (-0.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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