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Finland - Tableware And Kitchenware Of Wood - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Wood Kitchenware and Tableware in Finland - 2023
Contents:
- Price for Wood Kitchenware and Tableware in Finland (CIF) - 2023
- Price for Wood Kitchenware and Tableware in Finland (FOB) - 2023
- Imports of Wood Kitchenware and Tableware in Finland
- Exports of Wood Kitchenware and Tableware in Finland
Price for Wood Kitchenware and Tableware in Finland (CIF) - 2023
In July 2023, the average wood kitchenware and tableware import price amounted to $7,310 per ton, shrinking by -4.2% against the previous month. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in April 2023 when the average import price increased by 22% against the previous month. Over the period under review, average import prices hit record highs at $8,034 per ton in August 2022; however, from September 2022 to July 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Thailand ($10,816 per ton), while the price for Poland ($5,413 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Wood Kitchenware and Tableware in Finland (FOB) - 2023
The average wood kitchenware and tableware export price stood at $19,842 per ton in July 2023, surging by 39% against the previous month. Over the period under review, export price indicated a perceptible increase from July 2022 to July 2023: its price increased at an average monthly rate of +2.5% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, wood kitchenware and tableware export price increased by +38.9% against June 2023 indices. The most prominent rate of growth was recorded in October 2022 when the average export price increased by 49% m-o-m. Over the period under review, the average export prices reached the peak figure at $20,759 per ton in December 2022; however, from January 2023 to July 2023, the export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Norway ($84,653 per ton), while the average price for exports to the Netherlands ($4,747 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+8.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wood Kitchenware and Tableware in Finland
In 2022, wood kitchenware and tableware imports into Finland surged to 1.4K tons, growing by 33% against the previous year. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +13.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 35% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.
In value terms, wood kitchenware and tableware imports skyrocketed to $10M in 2022. Over the period under review, imports saw prominent growth. The growth pace was the most rapid in 2021 with an increase of 53% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to see steady growth in the near future.
Import of Wood Kitchenware and Tableware in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 2,636 | 1,066 | 2,213 | 2,448 | -2.4% |
Netherlands | 36.0 | 149 | 605 | 2,231 | 295.7% |
Sweden | 645 | 1,558 | 1,760 | 1,543 | 33.7% |
Germany | 1,086 | 830 | 1,213 | 1,330 | 7.0% |
Poland | 143 | 378 | 617 | 884 | 83.5% |
Ireland | N/A | N/A | 232 | 368 | 58.6% |
Estonia | 348 | 222 | 282 | 294 | -5.5% |
Thailand | 285 | 151 | 190 | 250 | -4.3% |
Denmark | 111 | 236 | 330 | 204 | 22.5% |
India | 347 | 115 | 72.2 | 68.7 | -41.7% |
Others | 967 | 608 | 615 | 871 | -3.4% |
Total | 6,604 | 5,313 | 8,129 | 10,492 | 16.7% |
Top Suppliers of Wood Kitchenware and Tableware to Finland in 2022:
- Netherlands (340.3 tons)
- China (301.1 tons)
- Sweden (181.9 tons)
- Poland (174.5 tons)
- Germany (163.8 tons)
- Estonia (40.9 tons)
- Ireland (33.7 tons)
- Denmark (26.1 tons)
- Thailand (25.9 tons)
- India (8.6 tons)
Exports of Wood Kitchenware and Tableware in Finland
In 2022, approx. 222 tons of tableware and kitchenware of wood were exported from Finland; surging by 80% against the previous year. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, wood kitchenware and tableware exports soared to $3.5M in 2022. In general, exports enjoyed buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 76% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
Export of Wood Kitchenware and Tableware in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 471 | 274 | 450 | 669 | 12.4% |
Norway | 125 | 112 | 136 | 511 | 59.9% |
United States | 435 | 116 | 312 | 493 | 4.3% |
Japan | 326 | 367 | 837 | 383 | 5.5% |
Estonia | 157 | 194 | 257 | 332 | 28.4% |
Netherlands | 52.3 | 33.9 | 73.6 | 166 | 47.0% |
Germany | 160 | 96.1 | 124 | 148 | -2.6% |
Latvia | 70.9 | 49.1 | 72.1 | 121 | 19.5% |
Lithuania | 17.6 | 27.2 | 53.7 | 101 | 79.0% |
Denmark | 39.0 | 23.9 | 49.9 | 55.5 | 12.5% |
Iceland | 95.3 | 36.8 | 77.2 | 21.9 | -38.7% |
Others | 523 | 368 | 539 | 539 | 1.0% |
Total | 2,473 | 1,698 | 2,982 | 3,538 | 12.7% |
Top Export Markets for Wood Kitchenware and Tableware from Finland in 2022:
- Sweden (52.2 tons)
- Estonia (31.3 tons)
- Norway (24.5 tons)
- United States (20.1 tons)
- Netherlands (19.9 tons)
- Latvia (17.6 tons)
- Germany (11.4 tons)
- Lithuania (9.5 tons)
- Japan (8.8 tons)
- Denmark (6.1 tons)
- Iceland (2.0 tons)
This report provides an in-depth analysis of the market for wood kitchenware and tableware 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 16291200 - Tableware and kitchenware of wood
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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