Finland - Mobile Phones - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMobile Phone Price in Finland - 2023
Contents:
- Mobile Phone Price in Finland (CIF) - 2023
- Mobile Phone Price in Finland (FOB) - 2023
- Mobile Phone Imports in Finland
- Mobile Phone Exports in Finland
Mobile Phone Price in Finland (CIF) - 2023
The average mobile phone import price stood at $395 per unit in June 2023, shrinking by -3.1% against the previous month. In general, import price indicated pronounced growth from July 2022 to June 2023: its price increased at an average monthly rate of +2.6% over the last eleven-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, mobile phone import price increased by +12.3% against March 2023 indices. The most prominent rate of growth was recorded in January 2023 when the average import price increased by 33% against the previous month. As a result, import price reached the peak level of $524 per unit. From February 2023 to June 2023, the average import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the highest price was recorded for prices from South Korea ($502 per unit) and Sweden ($439 per unit), while the price for Vietnam ($367 per unit) and China ($395 per unit) were amongst the lowest.
From July 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Sweden (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Mobile Phone Price in Finland (FOB) - 2023
The average mobile phone export price stood at $320 per unit in June 2023, rising by 14% against the previous month. Overall, the export price, however, saw a mild shrinkage. The most prominent rate of growth was recorded in December 2022 an increase of 38% against the previous month. As a result, the export price attained the peak level of $455 per unit. From January 2023 to June 2023, the the average export prices failed to regain momentum.
Prices varied noticeably by the country of destination: the country with the highest price was the Czech Republic ($474 per unit), while the average price for exports to Hong Kong SAR ($77.2 per unit) was amongst the lowest.
From July 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+8.3%), while the prices for the other major destinations experienced more modest paces of growth.
Mobile Phone Imports in Finland
Mobile phone imports into Finland skyrocketed to 2.6M units in 2022, with an increase of 107% against the previous year. In general, imports saw a significant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, mobile phone imports rose significantly to $904M in 2022. The total import value increased at an average annual rate of +5.5% over the period from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Mobile Phone in Finland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 343 | 12.3 | 30.1 | 523 | 15.1% |
Vietnam | 76.0 | 0.2 | 0.1 | 170 | 30.8% |
Sweden | 90.2 | 399 | 406 | 86.2 | -1.5% |
South Korea | 82.8 | 0.2 | 0.3 | 40.7 | -21.1% |
Ireland | 70.3 | 86.1 | 115 | 24.6 | -29.5% |
Netherlands | 21.7 | 163 | 194 | 23.8 | 3.1% |
Hong Kong SAR | 57.9 | 18.7 | 3.4 | 2.5 | -64.9% |
Others | 26.7 | 99.1 | 87.1 | 33.2 | 7.5% |
Total | 769 | 779 | 836 | 904 | 5.5% |
Top Suppliers of Mobile Phone to Finland in 2022:
- China (1387.0K units)
- Vietnam (504.0K units)
- Sweden (381.3K units)
- South Korea (107.1K units)
- Netherlands (57.0K units)
- Ireland (34.1K units)
- Hong Kong SAR (11.2K units)
Mobile Phone Exports in Finland
For the fourth consecutive year, Finland recorded growth in shipments abroad of mobile phones, which increased by 92% to 541K units in 2022. Overall, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, mobile phone exports surged to $190M in 2022. In general, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +21.6% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +79.7% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Mobile Phone in Finland (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 13.8 | 21.9 | 29.8 | 39.7 | 42.2% |
Estonia | 7.2 | 13.2 | 16.5 | 23.3 | 47.9% |
Italy | 0.5 | 6.2 | 2.2 | 20.7 | 245.9% |
Germany | 6.1 | 4.5 | 4.5 | 19.2 | 46.6% |
Denmark | 7.0 | 8.6 | 10.0 | 14.1 | 26.3% |
Lithuania | 5.9 | 7.6 | 10.9 | 13.1 | 30.5% |
Netherlands | 0.9 | 1.0 | 2.6 | 5.7 | 85.0% |
Portugal | 0.2 | 0.3 | 0.3 | 5.5 | 201.8% |
France | 1.4 | 1.6 | 3.0 | 5.1 | 53.9% |
Norway | 0.7 | 1.4 | 4.2 | 3.8 | 75.7% |
United Kingdom | 2.9 | 2.8 | 4.8 | 3.6 | 7.5% |
Ireland | 0.1 | 0.1 | 0.1 | 2.9 | 207.2% |
Poland | 1.2 | 4.6 | 2.6 | 2.7 | 31.0% |
Others | 57.9 | 47.3 | 38.3 | 30.5 | -19.2% |
Total | 106 | 121 | 130 | 190 | 21.5% |
Top Export Markets for Mobile Phone from Finland in 2022:
- Sweden (97.4K units)
- Estonia (94.6K units)
- Italy (59.1K units)
- Germany (55.0K units)
- Denmark (39.1K units)
- Lithuania (34.9K units)
- Netherlands (17.8K units)
- France (16.0K units)
- Portugal (13.7K units)
- United Kingdom (11.4K units)
- Poland (11.3K units)
- Ireland (10.4K units)
- Norway (10.4K units)
This report provides an in-depth analysis of the mobile phone 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 26302200 - Telephones for cellular networks or for other wireless networks
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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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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
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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