Updated Sep 27, 2022 11:19

Dental Hygiene Preparations Market in Finland

Market Overview
Please note: Annual data for 2022 are preliminary and subject to revision
In , the Finnish dental hygiene preparations market increased by % to $, rising for the sixth consecutive year after two years of decline. Over the period under review, consumption saw prominent growth. Dental hygiene preparations consumption peaked in and is likely to see gradual growth in the near future.

In value terms, dental hygiene preparations production surged to $ in estimated in export price. Over the period under review, production posted significant growth. The growth pace was the most rapid in 2015 with an increase of %. Dental hygiene preparations production peaked at $ in 2018; however, from 2019 to , production failed to regain momentum.


Consumption
Please note: Annual data for 2022 are preliminary and subject to revision
For the sixth consecutive year, Finland recorded growth in consumption of preparations for oral or dental hygiene, which increased by % to tons in . Over the period under review, consumption saw a buoyant expansion. Dental hygiene preparations consumption peaked in and is expected to retain growth in the near future.

The value of the dental hygiene preparations market in Finland rose modestly to $ in , with an increase of % against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption posted resilient growth. Dental hygiene preparations consumption peaked in and is likely to see gradual growth in years to come.


Market Forecast
Please note: Annual data for 2022 are preliminary and subject to revision
Driven by increasing demand for dental hygiene preparations in Finland, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +% for the period from to , which is projected to bring the market volume to tons by the end of .

In value terms, the market is forecast to increase with an anticipated CAGR of +% for the period from to , which is projected to bring the market value to $ (in nominal prices) by the end of .


Market Structure
Please note: Annual data for 2022 are preliminary and subject to revision
Affected by an intensive growth in domestic production, which will gradually displace imported products from the market, the share of imports decreased from % in 2007 to % in . Finland domestic supply is expected to continue its growth. Dental hygiene preparations market in Finland consists almost entirely of imported products. In , the share of imports in total consumption accounted for % in value terms and % in physical terms. The share of imports decreased moderately (- percentage point) over the period under review.


Trade Balance
Please note: Annual data for 2022 are preliminary and subject to revision
Finland remains a net importer of dental hygiene preparations; in physical and value terms, imports consistently exceeded exports from 2007 to . In , there was a significant trade deficit of tons, which was equal to $. This tangible trade deficit reflects the fact that the market remains dependent on imports, which is likely to continue in the medium term.