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Finland - Cotton Yarn - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCotton Yarn Price in Finland - 2023
Contents:
- Cotton Yarn Price in Finland (CIF) - 2023
- Cotton Yarn Price in Finland (FOB) - 2022
- Cotton Yarn Imports in Finland
- Cotton Yarn Exports in Finland
Cotton Yarn Price in Finland (CIF) - 2023
The average cotton yarn import price stood at $14,495 per ton in July 2023, jumping by 49% against the previous month. In general, the import price saw a resilient expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Sweden ($18,237 per ton), while the price for Estonia ($5,006 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by India (+14.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Cotton Yarn Price in Finland (FOB) - 2022
In 2022, the average cotton yarn export price amounted to $16,317 per ton, falling by -1.5% against the previous year. Over the period under review, the export price, however, enjoyed buoyant growth. The pace of growth was the most pronounced in 2020 when the average export price increased by 105%. The export price peaked at $16,573 per ton in 2021, and then declined slightly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($69,204 per ton), while the average price for exports to Bangladesh ($4,242 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+46.6%), while the prices for the other major destinations experienced more modest paces of growth.
Cotton Yarn Imports in Finland
In 2022, supplies from abroad of cotton yarn decreased by -33% to 397 tons for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate a strong increase. The pace of growth appeared the most rapid in 2020 with an increase of 107% against the previous year.
In value terms, cotton yarn imports dropped dramatically to $3.1M in 2022. Over the period under review, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +9.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +31.9% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 28% against the previous year. As a result, imports attained the peak of $3.8M, and then shrank notably in the following year.
Import of Cotton Yarn in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Estonia | 7.0 | 670 | 877 | 596 | 339.9% |
Germany | 338 | 311 | 358 | 521 | 15.5% |
India | 369 | 417 | 342 | 433 | 5.5% |
Turkey | 1,074 | 819 | 838 | 416 | -27.1% |
Sweden | 38.6 | 95.1 | 216 | 288 | 95.4% |
Portugal | 66.1 | 169 | 415 | 159 | 34.0% |
Pakistan | 6.6 | 16.8 | 5.7 | 108 | 153.9% |
Poland | 4.3 | 1.7 | 130 | 103 | 188.3% |
Spain | 39.9 | 44.4 | 47.8 | 84.2 | 28.3% |
Italy | 140 | 96.1 | 123 | 53.7 | -27.3% |
Indonesia | 67.7 | 97.4 | 143 | N/A | 45.3% |
Others | 218 | 228 | 299 | 363 | 18.5% |
Total | 2,369 | 2,965 | 3,796 | 3,124 | 9.7% |
Top Suppliers of Cotton Yarn to Finland in 2022:
- Estonia (91.3 tons)
- Turkey (69.8 tons)
- Germany (63.7 tons)
- India (52.2 tons)
- Poland (27.3 tons)
- Pakistan (26.0 tons)
- Sweden (20.2 tons)
- Portugal (14.1 tons)
- Spain (11.1 tons)
- Italy (6.9 tons)
Cotton Yarn Exports in Finland
In 2022, exports of cotton yarn from Finland fell significantly to 2.9 tons, waning by -39.1% compared with the previous year's figure. Over the period under review, exports recorded a sharp shrinkage. The smallest decline of -5.9% was in 2021.
In value terms, cotton yarn exports shrank significantly to $47K in 2022. In general, exports saw a sharp descent. The pace of growth appeared the most rapid in 2021 with an increase of 23% against the previous year.
Export of Cotton Yarn in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Estonia | 23.8 | 21.8 | 30.9 | 17.0 | -10.6% |
Switzerland | 9.8 | 13.8 | 12.4 | 11.5 | 5.5% |
South Korea | N/A | N/A | 0.7 | 3.4 | 385.7% |
Canada | N/A | 0.1 | 0.1 | 2.7 | 419.6% |
United States | 9.8 | N/A | 0.7 | 2.7 | -34.9% |
Sweden | 16.0 | 3.6 | 1.7 | 1.8 | -51.7% |
United Kingdom | N/A | N/A | 0.9 | 1.4 | 55.6% |
Latvia | 0.6 | 2.5 | 1.8 | 1.0 | 18.6% |
Bangladesh | N/A | N/A | N/A | 0.5 | 0% |
Japan | 7.4 | 18.0 | 13.9 | 0.2 | -70.0% |
Russia | 95.6 | 0.9 | 7.1 | 0.2 | -87.2% |
Others | 0.9 | 2.3 | 7.5 | 4.1 | 65.8% |
Total | 164 | 63.0 | 77.7 | 46.6 | -34.3% |
Top Export Markets for Cotton Yarn from Finland in 2022:
- Switzerland (980.0 kg)
- Estonia (859.0 kg)
- Sweden (180.0 kg)
- Bangladesh (120.0 kg)
- United Kingdom (110.0 kg)
- Latvia (100.0 kg)
- United States (77.0 kg)
- Canada (73.0 kg)
- South Korea (49.0 kg)
- Japan (9.0 kg)
- Russia (6.0 kg)
This report provides an in-depth analysis of the cotton yarn market in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13106160 - Cotton yarn, p.r.s. (excluding sewing thread)
- Prodcom 131061Z1 - Cotton yarn of uncombed fibres, n.p.r.s.
- Prodcom 131061Z2 - Cotton yarn of combed fibres, n.p.r.s.
- Prodcom 13106132 - Yarn of uncombed cotton, n.p.r.s., for woven fabrics (excluding for carpets and floor coverings)
- Prodcom 13106133 - Yarn of uncombed cotton, n.p.r.s., for knitted fabrics and hosiery
- Prodcom 13106135 - Yarn of uncombed cotton, n.p.r.s., for other uses (including carpets and floor coverings)
- Prodcom 13106152 - Yarn of combed cotton, n.p.r.s., for woven fabrics (excluding for carpets and floor coverings)
- Prodcom 13106153 - Yarn of combed cotton, n.p.r.s., for knitted fabrics and hosiery
- Prodcom 13106155 - Yarn of combed cotton, n.p.r.s., for other uses (including carpets and floor coverings)
Country coverage:
- Finland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Finland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the cotton yarn market in Finland.
This report provides an in-depth analysis of the global cotton yarn market.
This report provides an in-depth analysis of the cotton yarn market in Finland.
This report provides an in-depth analysis of the global cotton yarn market.
Learn about the world's best import markets for cotton yarn and how they drive the global textile industry. Discover the top players and find out how these countries rely on imports to meet their cotton yarn requirements.
After two years of growth, the global cotton yarn market decreased by -2.8% to $77.2B in 2019. China ($38.9B) led the market, alone. The second position in the ranking was occupied by India ($12.8B). It was followed by Pakistan.
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