Scandinavia: Knitted Ski-Suit Market 2024

Knitted Ski-Suit Market Size in Scandinavia

The Scandinavia knitted ski-suit market skyrocketed to $X in 2023, growing by X% against the previous year. Overall, consumption, however, recorded a abrupt curtailment. The level of consumption peaked at $X in 2013; however, from 2014 to 2023, consumption failed to regain momentum.

Knitted Ski-Suit Production in Scandinavia

In value terms, knitted ski-suit production expanded rapidly to $X in 2023 estimated in export price. Overall, production, however, faced a deep slump. The growth pace was the most rapid in 2021 when the production volume increased by X%. The level of production peaked at $X in 2013; however, from 2014 to 2023, production remained at a lower figure.

Knitted Ski-Suit Exports

Exports in Scandinavia

In 2023, after two years of growth, there was significant decline in overseas shipments of ski-suits of knitted or crocheted textiles, when their volume decreased by X% to X units. In general, exports saw a abrupt downturn. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2017; however, from 2018 to 2023, the exports stood at a somewhat lower figure.

In value terms, knitted ski-suit exports dropped rapidly to $X in 2023. Over the period under review, exports saw a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Sweden represented the major exporter of ski-suits of knitted or crocheted textiles in Scandinavia, with the volume of exports amounting to X units, which was near X% of total exports in 2023. It was distantly followed by Norway (X units), comprising a X% share of total exports. Finland (X units) held a relatively small share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Sweden (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, Sweden ($X) remains the largest knitted ski-suit supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was taken by Norway ($X), with a X% share of total exports.

In Sweden, knitted ski-suit exports decreased by an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Norway (X% per year) and Finland (X% per year).

Export Prices by Country

In 2023, the export price in Scandinavia amounted to $X per unit, growing by X% against the previous year. In general, the export price, however, continues to indicate a slight slump. The pace of growth was the most pronounced in 2014 an increase of X%. As a result, the export price reached the peak level of $X per unit. From 2015 to 2023, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Finland ($X per unit), while Norway ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Norway (X%), while the other leaders experienced mixed trends in the export price figures.

Knitted Ski-Suit Imports

Imports in Scandinavia

In 2023, overseas purchases of ski-suits of knitted or crocheted textiles increased by X% to X units for the first time since 2020, thus ending a two-year declining trend. In general, imports, however, continue to indicate a deep setback. The growth pace was the most rapid in 2016 with an increase of X%. The volume of import peaked at X units in 2013; however, from 2014 to 2023, imports remained at a lower figure.

In value terms, knitted ski-suit imports rose notably to $X in 2023. Overall, imports, however, continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2023, imports remained at a lower figure.

Imports by Country

Norway represented the largest importer of ski-suits of knitted or crocheted textiles in Scandinavia, with the volume of imports reaching X units, which was approx. X% of total imports in 2023. It was distantly followed by Sweden (X units), committing a X% share of total imports.

Norway was also the fastest-growing in terms of the ski-suits of knitted or crocheted textiles imports, with a CAGR of X% from 2012 to 2023. Sweden (X%) illustrated a downward trend over the same period. Norway (X p.p.) significantly strengthened its position in terms of the total imports, while Sweden saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Norway ($X) and Sweden ($X) appeared to be the countries with the highest levels of imports in 2023.

Norway, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review.

Import Prices by Country

The import price in Scandinavia stood at $X per unit in 2023, which is down by X% against the previous year. Import price indicated modest growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when the import price increased by X%. Over the period under review, import prices hit record highs at $X per unit in 2015; however, from 2016 to 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Sweden ($X per unit), while Norway totaled $X per unit.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Sweden (X%).

Source: IndexBox Platform