Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Finland - 2023

Contents:

  1. Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Finland (CIF) - 2022
  2. Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Finland (FOB) - 2022
  3. Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Finland
  4. Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Finland

Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Finland (CIF) - 2022

The average import price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds stood at $29,606 per ton in 2022, rising by 6.2% against the previous year. Overall, the import price, however, recorded a perceptible slump. The pace of growth was the most pronounced in 2018 an increase of 27% against the previous year. Over the period under review, average import prices reached the maximum at $43,684 per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Sweden ($33,701 per ton), while the price for Germany ($11,479 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+0.8%), while the prices for the other major suppliers experienced a decline.

Price for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Finland (FOB) - 2022

In 2022, the average export price for fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds amounted to $14,765 per ton, falling by -33.6% against the previous year. Over the period under review, the export price recorded a deep reduction. The growth pace was the most rapid in 2014 when the average export price increased by 64%. Over the period under review, the average export prices hit record highs at $49,977 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($66,421 per ton), while the average price for exports to the UK ($6,331 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 the United States (+0.4%), while the prices for the other major destinations experienced a decline.

Imports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Finland

For the fourth year in a row, Finland recorded growth in supplies from abroad of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds, which increased by 42% to 40 tons in 2022. Overall, imports posted a significant increase. The most prominent rate of growth was recorded in 2021 when imports increased by 130% against the previous year. Over the period under review, imports of reached the maximum in 2022 and are likely to continue growth in the near future.

In value terms, imports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds soared to $1.2M in 2022. Over the period under review, imports saw a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 124% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to see gradual growth in the immediate term.

Import of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden0.82435471,042992.1%
Germany14337.670.946.1-31.4%
Spain31.012.753.136.96.0%
Italy28.914.842.130.01.3%
Estonia7.410.213.48.65.1%
China4.8N/A42.7N/A198.3%
Others22.829.911.413.9-15.2%
Total2383497801,17870.4%

Top Suppliers of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted to Finland in 2022:

  1. Sweden (30.9 tons)
  2. Germany (4.0 tons)
  3. Italy (2.5 tons)
  4. Spain (1.4 tons)
  5. Estonia (0.6 tons)

Exports of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Finland

Exports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds from Finland surged to 1.3 tons in 2022, with an increase of 118% on the previous year's figure. Overall, exports enjoyed perceptible growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of fabrics; looped pile fabrics, of man-made fibres, knitted or crocheteds surged to $19K in 2022. Over the period under review, exports, however, continue to indicate a sharp descent.

Export of Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Estonia10.89.16.712.34.4%
United KingdomN/AN/A1.12.7145.5%
United States13.70.24.22.5-43.3%
LithuaniaN/AN/AN/A0.40%
Romania21.10.7N/AN/A-96.7%
Others10.80.61.61.6-47.1%
Total56.410.513.519.5-29.8%

Top Export Markets for Fabrics; Looped Pile Fabrics, of Man-Made Fibres, Knitted or Crocheted from Finland in 2022:

  1. Estonia (819.0 kg)
  2. United Kingdom (420.0 kg)
  3. United States (38.0 kg)
  4. Lithuania (25.0 kg)

Source: IndexBox Market Intelligence Platform

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