Vacuum cleaners market in Finland

Earlier Report Observations

The vacuum cleaner market in Finland expanded significantly from $61 million in 2018 to $95.3 million in 2021. This growth was initially driven by EU regulations limiting motor power to 900 watts and the phasing out of energy labeling, which prompted manufacturers to update their technical solutions and product offerings. The COVID-19 pandemic in 2020 further accelerated demand as consumers prioritized hygiene, leading to increased interest in models with HEPA filters and robotic vacuum cleaners. Subsequent EU energy consumption and environmental requirements in 2021 continued to steer innovation toward more energy-efficient and quieter devices, while consumer preferences shifted toward cordless, bagless, and multi-functional models.

After peaking in 2021, the market value contracted to $81.9 million in 2022, likely reflecting a post-pandemic normalization of demand. During this period, market trends favored cordless and bagless designs, with manufacturers and importers emphasizing user convenience, environmental friendliness, and accessories for pet hair removal. The market then stabilized at around $80.3 million in 2023 before declining to $75.3 million in 2024.

Production vacuum cleaners in Finland

In value, 2017-2020, K $ US

Finland's vacuum cleaner production volume increased for the second consecutive year. In 2020, output was valued at 3 496 K $ US, showing a modest 4.8% rise from the previous year. Over the period from 2017 to 2020, production grew by 23.2%, equivalent to an annualized rate of 7.2%. The lowest value was recorded in 2018 at 2 756 K $ US, which also saw the largest decline of 2.9%. In contrast, the largest increase occurred in 2019, with a jump of 21.1%.

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

Exports vacuum cleaners from Finland

Exports in kind, t

The market showed an unstable trend throughout the period. The lowest export volume was recorded in 2019 at 34 t, while the highest was in 2017, resulting in a peak-to-trough ratio of 11.6 times. In 2020, vacuum cleaner exports from Finland reached 346 t, marking a sharp increase of 904.5% year-over-year. The largest decline occurred in 2019, with a drop of 90.0%.

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

From 2017 to 2020, there was no single dominant market for vacuum cleaner exports from Finland. Russia accounted for 17.6% of exports in kind, Estonia for 13.0%, and Sweden for 12.6%, together making up only 43.3% of total exports. Many smaller partners each held modest individual shares.

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, K $ US

After a two-year advance, vacuum cleaner exports from Finland declined. In 2020, exports amounted to 7 355 K $ US, showing a steep drop of 28.5% compared to 2019. Over the 2017-2020 period, exports decreased by 18.7%, with a compound annual growth rate of -6.7%. The highest value was recorded in 2019 at 10 286 K $ US, while the largest increase occurred in 2018, with a rise of 7.1%.

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

Data from 2017 to 2020 indicate that vacuum cleaner exports from Finland in value terms were not concentrated on a few key destinations. Russia accounted for 20.9% of exports in value terms, Sweden for 9.8%, and Latvia for 8.1%, jointly representing only 38.8% of total flows.

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

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

Imports vacuum cleaners to Finland

Imports in kind, t

There were noticeable fluctuations in market performance during this period. The lowest import volume was recorded in 2019 at 76 t, while the highest was in 2020, resulting in a peak-to-trough amplitude of 54 times. In 2020, foreign vacuum cleaner supplies to Finland reached 4 120 t, marking a dramatic rise of 5,289.2% relative to the prior year. The largest decline occurred in 2019, with a drop of 98.0%.

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

From 2017 to 2020, China was the largest supplier of vacuum cleaners to Finland, accounting for 34.8% of imports in kind, followed by Hungary at 29.5% and Germany at 18.5%. Together, these three countries formed 82.8% of total imports.

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, K $ US

Foreign vacuum cleaner supplies to Finland increased for the third consecutive year. In 2020, imports totalled 77 840 K $ US, representing a strong gain of 10.7% compared to the previous year. Over the 2017-2020 period, imports grew by 35.5%, with a compound annual growth rate of 10.6%.

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

From 2017 to 2020, China, Hungary, and Malaysia consistently remained the main sources for vacuum cleaner imports to Finland in value terms. China accounted for 30.2% of imports, Hungary for 19.5%, and Malaysia for 16.5%, together making up 66.2% of total flows.

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

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