Food Mixer Market Overview in Finland
Market Overview
After three years of growth, the Finnish food mixer market decreased by -
% to $ in 2019. Overall, consumption, however, continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2010 when the market value increased by % against the previous year. Over the period under review, the market hit record highs at $ in 2012; however, from 2013 to 2019, consumption remained at a lower figure.
% to $ in 2019. Overall, consumption, however, continues to indicate a perceptible descent. The most prominent rate of growth was recorded in 2010 when the market value increased by % against the previous year. Over the period under review, the market hit record highs at $ in 2012; however, from 2013 to 2019, consumption remained at a lower figure.Consumption
In 2019, consumption of domestic food grinders and mixers and fruit or vegetable juice extractors increased by % to units, rising for the fourth year in a row after three years of decline. Over the period under review, consumption, however, continues to indicate a deep downturn. The growth pace was the most rapid in 2010 with an increase of % against the previous year. As a result, consumption attained the peak volume of units. From 2011 to 2019, the growth of the consumption failed to regain the momentum.
The size of the food mixer market in Finland reduced to $ in 2019, falling by -% 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, however, saw a pronounced downturn. The pace of growth was the most pronounced in 2010 when the market value increased by % year-to-year. Food mixer consumption peaked at $ in 2012; however, from 2013 to 2019, consumption remained at a lower figure.
% to units, rising for the fourth year in a row after three years of decline. Over the period under review, consumption, however, continues to indicate a deep downturn. The growth pace was the most rapid in 2010 with an increase of % against the previous year. As a result, consumption attained the peak volume of units. From 2011 to 2019, the growth of the consumption failed to regain the momentum.The size of the food mixer market in Finland reduced to $
in 2019, falling by -% 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, however, saw a pronounced downturn. The pace of growth was the most pronounced in 2010 when the market value increased by % year-to-year. Food mixer consumption peaked at $ in 2012; however, from 2013 to 2019, consumption remained at a lower figure.Market Forecast
Depressed by shrinking demand for food mixer in Finland, the market is expected to continue its downward consumption trend over the next decade. The performance of the market is forecast to contract with an anticipated CAGR of -% for the period from 2019 to , which is projected to depress the market volume to units by the end of .
% for the period from 2019 to , which is projected to depress the market volume to units by the end of .Trade Balance
Finland remains a net importer of food mixer; in physical and value terms, imports consistently exceeded exports from 2007 to 2019. In 2019, there was a significant trade deficit of units, 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.
units, 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.
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