Market research

Fans market in Finland

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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Submission method: to your account

File format: docx, xlsx

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Earlier Report Observations

The fan market in Finland was valued at 61.8 million dollars in 2018, then contracted to 55.6 million dollars in 2019. It recovered to 65.7 million dollars in 2020 and surged to 83.1 million dollars in 2021.

Market volume continued to grow, reaching a peak of 88.6 million dollars in 2022. However, it declined to 72.8 million dollars in 2023 and fell sharply to 50.0 million dollars in 2024. During this period, marketing trends evolved, with increased adoption of artificial intelligence and a focus on sustainability affecting consumer engagement and sales channels, while a shift towards more deliberate purchasing behavior also emerged.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In value
    1. 4.1.1.1. Production, 2018-2024
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2018-2024
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Finland
  1. 5.1.1. In kind, 2018, 2021-2024, K unit
  2. 5.1.2. In value, 2018-2024, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, K unit
  2. 5.2.2. In value, 2018-2024, K $ US
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K unit
    1. 6.1.2.1. Annual dynamics of product's imports to Finland in kind, 2018-2024, K unit
    2. 6.1.2.2. Dynamics of product's imports in kind to Finland by countries, 2018-2024, K unit
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, M $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Finland in value, 2018-2024, M $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Finland by countries, 2018-2024, M $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/unit
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Finland, 2018-2024, $ US/unit
    2. 6.1.4.2. Dynamics of average price of product's imports to Finland by countries, 2018-2024, $ US/unit
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K unit
    1. 6.2.2.1. Annual dynamics of product's imports to Finland in kind, 2018-2024, K unit
    2. 6.2.2.2. Dynamics of product's imports in kind to Finland by countries, 2018-2024, K unit
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, M $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Finland in value, 2018-2024, M $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Finland by countries, 2018-2024, M $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/unit
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Finland, 2018-2024, $ US/unit
    2. 6.2.4.2. Dynamics of average price of product's imports to Finland by countries, 2018-2024, $ US/unit
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K unit
    1. 7.1.2.1. Annual dynamics of product's exports from Finland in kind, 2018-2024, K unit
    2. 7.1.2.2. Dynamics of product's exports in kind from Finland by countries, 2018-2024, K unit
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, M $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Finland in value, 2018-2024, M $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Finland by countries, 2018-2024, M $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/unit
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Finland, 2018-2024, $ US/unit
    2. 7.1.4.2. Dynamics of average price of product's exports from Finland by countries, 2018-2024, $ US/unit
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K unit
    1. 7.2.2.1. Annual dynamics of product's exports from Finland in kind, 2018-2024, K unit
    2. 7.2.2.2. Dynamics of product's exports in kind from Finland by countries, 2018-2024, K unit
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, M $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Finland in value, 2018-2024, M $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Finland by countries, 2018-2024, M $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/unit
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Finland, 2018-2024, $ US/unit
    2. 7.2.4.2. Dynamics of average price of product's exports from Finland by countries, 2018-2024, $ US/unit
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K unit
  2. 8.1.2. In value, M $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K unit
  2. 8.2.2. In value, M $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production fans in Finland

In value, 2017-2020, K $ US

Finland's fan production declined for the third consecutive year. In 2020, output was valued at 18 157 thousand US dollars, showing minimal change compared to 2019. Over the period from 2017 to 2020, production decreased by 18.9%, with a compound annual growth rate of 6.8%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(17.2%)	(1.9%)	(0.2%)	(6.8%)

Source: SHEV.io

In kind, 2017-2020, unit

Annual dynamics of production in Finland in kind, 2017-2020, unit

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

Exports fans from Finland

Exports in kind, K unit

The market showed signs of volatility during the observed period. Export volumes reached their lowest point in 2019 and peaked in 2020, with a 3.7-fold difference between these years. In 2020, Finland's fan exports amounted to 299 thousand units, marking a dramatic increase of 266.5% compared to the previous year. The minimum value was recorded in 2019 at 81 thousand units, with the largest decline of 70.6% occurring that year.

Annual dynamics of product's exports from Finland in kind, 2017-2020, K unit

Parameter		2018	2019	2020	CAGR
1	Change from last year	6.8%	(70.6%)	266.5%	4.8%

Source: SHEV.io

From 2017 to 2020, Finland's fan exports in kind were widely dispersed across partner countries. Estonia accounted for 27.7% of exports, Russia for 8.8%, and Sweden for 8.5%, together representing only 45.0% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

After a two-year increase, Finland's fan exports declined. In 2020, exports were valued at 41 104 thousand US dollars, which is 21.6% lower than the previous year. Over the period from 2017 to 2020, exports increased by 3.9%, with a compound annual growth rate of 1.3%. The maximum value was recorded in 2019 at 52 435 thousand US dollars, with the largest increase of 17.6% occurring in 2018.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	17.6%	12.7%	(21.6%)	1.3%

Source: SHEV.io

From 2017 to 2020, Finland's fan exports in value terms were not heavily concentrated. Sweden accounted for 28.3% of exports, Russia for 7.2%, and the United Kingdom for 5.7%, together capturing only 41.3% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports fans to Finland

Imports in kind, K unit

Volatility characterized the market behavior during these years. Import volumes reached their lowest point in 2019 and peaked in 2020, with a 25-fold difference between these years. In 2020, Finland imported approximately 2 240 thousand units of fans, constituting a rise of 2,377.1% from a year earlier. The minimum value was recorded in 2019 at 90 thousand units, with the largest decline of 95.7% occurring that year.

Annual dynamics of product's imports to Finland in kind, 2017-2020, K unit

Parameter		2018	2019	2020	CAGR
1	Change from last year	13.8%	(95.7%)	2 377.1%	6.2%

Source: SHEV.io

Throughout 2017 to 2020, Germany, China, and Vietnam formed the key group of partners for Finland's fan imports in kind. Germany accounted for 27.0% of imports, China for 24.4%, and Vietnam for 14.0%, jointly representing 65.5% of total flows.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

After a two-year gain, Finland's fan imports declined. In 2020, imports were recorded at 88 635 thousand US dollars, reflecting a contraction of 1.3% compared to 2019. Over the period from 2017 to 2020, imports increased by 15.7%, with a compound annual growth rate of 5.0%. The maximum value was recorded in 2019 at 89 834 thousand US dollars, with the largest increase of 17.1% occurring in 2018.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	17.1%	0.1%	(1.3%)	5.0%

Source: SHEV.io

From 2017 to 2020, Germany, Sweden, and China together accounted for 65.3% of Finland's total fan imports in value terms, remaining the main sources. Germany contributed 46.8%, Sweden 10.7%, and China 7.9%.

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

Source: SHEV.io

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

Source: SHEV.io