Finland: Wooden Furniture Treatments Market 2024

Wooden Furniture Treatments Market Size in Finland

The Finnish wooden furniture treatments market shrank significantly to $X in 2022, which is down by X% against the previous year. Over the period under review, consumption saw a deep downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Wooden Furniture Treatments Production in Finland

In value terms, wooden furniture treatments production shrank to $X in 2022 estimated in export price. Overall, production saw a abrupt descent. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

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Wooden Furniture Treatments Exports

Exports from Finland

In 2022, overseas shipments of polishes and creams for wooden furniture and floors increased by X% to X tons for the first time since 2017, thus ending a four-year declining trend. In general, exports continue to indicate prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, wooden furniture treatments exports surged to $X in 2022. Overall, exports posted a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Sweden (X tons) was the main destination for wooden furniture treatments exports from Finland, with a X% share of total exports. Moreover, wooden furniture treatments exports to Sweden exceeded the volume sent to the second major destination, Estonia (X tons), fourfold. The third position in this ranking was taken by Germany (X kg), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Sweden totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (X% per year) and Germany (X% per year).

In value terms, Sweden ($X) emerged as the key foreign market for polishes and creams for wooden furniture and floors exports from Finland, comprising X% of total exports. The second position in the ranking was held by Estonia ($X), with a X% share of total exports. It was followed by Russia, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Sweden amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (X% per year) and Russia (X% per year).

Export Prices by Country

The average wooden furniture treatments export price stood at $X per ton in 2022, waning by X% against the previous year. In general, export price indicated mild growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, wooden furniture treatments export price increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2021 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton, and then contracted markedly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($X per ton), while the average price for exports to Estonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.

Wooden Furniture Treatments Imports

Imports into Finland

Wooden furniture treatments imports into Finland fell markedly to X tons in 2022, dropping by X% compared with the year before. Overall, imports showed a deep setback. The pace of growth appeared the most rapid in 2014 with an increase of X%. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, wooden furniture treatments imports totaled $X in 2022. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

The Netherlands (X tons), Belgium (X tons) and Spain (X tons) were the main suppliers of wooden furniture treatments imports to Finland, together comprising X% of total imports.

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

In value terms, Sweden ($X), the United States ($X) and Spain ($X) were the largest wooden furniture treatments suppliers to Finland, together comprising X% of total imports.

Among the main suppliers, Spain, with a CAGR of X%, 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

The average wooden furniture treatments import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period under review, the import price posted strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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