Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Finland - 2024
Contents:
- Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Finland (CIF) - 2022
- Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Finland (FOB) - 2022
- Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Finland
- Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Finland
Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Finland (CIF) - 2022
In 2022, the average import price for fabrics; "long pile" fabrics, knitted or crocheteds amounted to $11,417 per ton, reducing by -8.9% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 33%. Over the period under review, average import prices hit record highs at $14,955 per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Portugal ($19,260 per ton), while the price for China ($9,363 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Finland (FOB) - 2022
The average export price for fabrics; "long pile" fabrics, knitted or crocheteds stood at $21,090 per ton in 2022, with an increase of 32% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for fabrics; "long pile" fabrics, knitted or crocheteds increased by +132.5% against 2020 indices. The pace of growth was the most pronounced in 2021 an increase of 76% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($83,846 per ton), while the average price for exports to China ($7,364 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 Japan (+22.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Finland
In 2022, the amount of fabrics; "long pile" fabrics, knitted or crocheteds imported into Finland skyrocketed to 43 tons, increasing by 41% on 2021 figures. In general, total imports indicated resilient growth from 2019 to 2022: its volume increased at an average annual rate of +10.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.7% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, imports of fabrics; "long pile" fabrics, knitted or crocheteds soared to $496K in 2022. Overall, total imports indicated a prominent expansion from 2019 to 2022: its value increased at an average annual rate of +17.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +64.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 141 | 65.0 | 166 | 281 | 25.8% |
| Sweden | 1.2 | 108 | 78.1 | 91.6 | 324.2% |
| Portugal | 7.4 | 12.8 | 5.0 | 33.3 | 65.1% |
| Italy | 54.2 | 51.6 | 41.4 | 29.6 | -18.3% |
| China | 75.0 | 31.3 | 27.9 | 28.5 | -27.6% |
| Spain | 1.7 | 10.2 | 6.2 | N/A | 91.0% |
| Others | 29.1 | 23.8 | 61.6 | 32.6 | 3.9% |
| Total | 310 | 302 | 386 | 496 | 17.0% |
Top Suppliers of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted to Finland in 2022:
- United Kingdom (29.0 tons)
- Sweden (6.8 tons)
- China (3.0 tons)
- Italy (1.7 tons)
- Portugal (1.7 tons)
Exports of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Finland
In 2022, after two years of decline, there was significant growth in overseas shipments of fabrics; "long pile" fabrics, knitted or crocheteds, when their volume increased by 6.6% to 4.8 tons. Overall, exports, however, continue to indicate a significant curtailment.
In value terms, exports of fabrics; "long pile" fabrics, knitted or crocheteds surged to $102K in 2022. In general, exports, however, saw a abrupt slump.
| Export of Fabrics; "Long Pile" Fabrics, Knitted or Crocheted in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 146 | 30.9 | 36.7 | 43.6 | -33.2% |
| Estonia | 9.4 | 10.8 | 6.8 | 13.0 | 11.4% |
| Latvia | 0.5 | 3.7 | 8.9 | 12.7 | 194.0% |
| United States | N/A | N/A | 5.4 | 11.8 | 118.5% |
| Australia | N/A | N/A | 2.4 | 5.9 | 145.8% |
| India | N/A | N/A | N/A | 1.5 | 0% |
| China | N/A | N/A | N/A | 0.9 | 0% |
| Belarus | 18.5 | 10.9 | 1.1 | N/A | -75.6% |
| Others | 4.3 | 1.3 | 11.1 | 12.6 | 43.1% |
| Total | 179 | 57.5 | 72.4 | 102 | -17.1% |
Top Export Markets for Fabrics; "Long Pile" Fabrics, Knitted or Crocheted from Finland in 2022:
- Russia (2746.0 kg)
- Estonia (620.0 kg)
- Latvia (319.0 kg)
- United States (291.0 kg)
- Australia (260.0 kg)
- India (172.0 kg)
- China (118.0 kg)
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