Dental instruments and appliances market in Finland

Earlier Report Observations

The market for dental instruments and appliances in Finland underwent significant fluctuations between 2018 and 2024. Starting at 89.8 million US dollars in 2018, it declined over the next two years to 61.9 million in 2020.

A recovery in 2021 brought the market size to 73.6 million, but this was followed by a sharp drop to 52.5 million in 2022 and a further decline to 43.7 million in 2023. The market then rebounded strongly in 2024, reaching 68.6 million.

Despite the volatility, the 2024 figure remained below the 2018 peak, indicating an overall contraction over the seven-year period.

Production dental instruments and appliances in Finland

In value, 2017-2020, M $ US

Finland's production of dental instruments and appliances declined for the second year in a row. In 2019, output was valued at 125.2 million US dollars, but it dropped to 112.9 million US dollars in 2020, marking a 9.8% decrease. The highest production value was recorded in 2018 at 154.0 million US dollars, which represented a 37.9% increase from the previous year. The most significant decline occurred in 2019, with an 18.7% drop.

Annual dynamics of production in Finland in value, 2017-2020, M $ US

Exports dental instruments and appliances from Finland

Exports in kind, t

The data shows irregular changes, pointing to a volatile market environment. Export volumes reached their lowest point in 2019 at 58.1 tonnes, before surging to 700.3 tonnes in 2020—a dramatic increase of 1,105.9% from the previous year. The peak was in 2017, with volumes 14.7 times higher than the 2019 low. The largest decline was recorded in 2019 at 93.0%.

Annual dynamics of product's exports from Finland in kind, 2017-2020, t

From 2017 to 2020, the country composition of exports in kind was widely dispersed. Germany accounted for 13.2% of exports in kind, China for 11.4%, and France for 9.2%, together making up just 33.8% of total flows. The remaining 66.2% was distributed among a broad range of other destinations.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Finland in kind, 2017-2020

Exports in value, M $ US

Finland's exports of dental instruments and appliances in value terms declined for the second consecutive year. In 2020, exports amounted to 102.9 million US dollars, a 6.9% contraction compared to 2019. Between 2017 and 2020, exports decreased by 8.8%, equivalent to an annualized rate of 3.0%. The highest value was recorded in 2018 at 120.1 million US dollars, which saw a 6.5% increase. The largest decline occurred in 2019 at 8.0%.

Annual dynamics of product's exports from Finland in value, 2017-2020, M $ US

From 2017 to 2020, the geographical structure of exports in value terms was highly diversified. Sweden contributed 10.9% of exports in value terms, Germany 10.5%, and France 9.3%, together accounting for only 30.6% of total flows. The remaining 69.4% was spread across numerous smaller partner countries.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Finland in value, 2017-2020

Imports dental instruments and appliances to Finland

Imports in kind, t

Market behavior during these years was characterized by volatility. Import volumes hit their minimum in 2019 at 35.3 tonnes, then jumped to 481.2 tonnes in 2020—a sharp uptick of 1,364.1% compared to the previous year. The maximum was in 2017, with volumes 17 times higher than the 2019 low. The largest decline was recorded in 2019 at 93.7%.

Annual dynamics of product's imports to Finland in kind, 2017-2020, t

From 2017 to 2020, China dominated imports in kind with a 48.5% share, followed by Sweden at 17.5% and Germany at 12.3%. Together, these three countries absorbed 78.4% of total imports in kind of dental instruments and appliances to Finland, making them the main sources.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Finland in kind, 2017-2020

Imports in value, M $ US

Finland's imports of dental instruments and appliances in value terms declined for the third consecutive year. In 2020, imports totaled 51.9 million US dollars, a controlled reduction of 5.6% compared to 2019. Over the period from 2017 to 2020, imports decreased by 8.7%, with a compound annual growth rate of -3.0%.

Annual dynamics of product's imports to Finland in value, 2017-2020, M $ US

From 2017 to 2020, Germany led the country structure of imports in value terms with a 20.7% share, followed by Sweden at 20.0% and the United States at 17.2%. These three destinations combined accounted for 57.9% of total flows, remaining the leading sources.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Finland in value, 2017-2020