Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Finland - 2024

Contents:

1. Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Finland (CIF) - 2022
2. Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Finland (FOB) - 2022
3. Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Finland
4. Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Finland

Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Finland (CIF) - 2022

The average import price for textile fabrics, rubberised; other than those of heading no. 5902s stood at $3 per square meter in 2022, with an increase of 6.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.4%. The pace of growth appeared the most rapid in 2021 an increase of 18% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($3.9 per square meter), while the price for the Netherlands ($1.7 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Finland (FOB) - 2022

The average export price for textile fabrics, rubberised; other than those of heading no. 5902s stood at $4.7 per square meter in 2022, with an increase of 6.8% against the previous year. In general, export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% 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 textile fabrics, rubberised; other than those of heading no. 5902s decreased by -0.5% against 2019 indices. The most prominent rate of growth was recorded in 2013 an increase of 49%. The export price peaked at $4.8 per square meter in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

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 the United Arab Emirates ($17 per square meter), while the average price for exports to Norway ($2.3 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Finland

Imports of textile fabrics, rubberised; other than those of heading no. 5902s into Finland shrank to 1.8M square meters in 2022, reducing by -8.4% on the year before. Over the period under review, imports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 17% against the previous year. Over the period under review, imports of attained the maximum at 2.2M square meters in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of textile fabrics, rubberised; other than those of heading no. 5902s reduced to $5.5M in 2022. The total import value increased at an average annual rate of +2.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 37%. As a result, imports attained the peak of $5.7M, and then declined slightly in the following year.

Top Suppliers of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 to Finland in 2022:

1. Germany (448.5K square meters)
2. United Kingdom (374.0K square meters)
3. Belgium (216.7K square meters)
4. Italy (132.3K square meters)
5. United States (128.4K square meters)
6. Sweden (102.3K square meters)
7. Netherlands (101.2K square meters)
8. Denmark (68.3K square meters)
9. Poland (57.4K square meters)
10. France (52.6K square meters)
11. China (42.7K square meters)
12. Taiwan (Chinese) (33.2K square meters)

Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Finland

After two years of decline, shipments abroad of textile fabrics, rubberised; other than those of heading no. 5902s increased by 111% to 68K square meters in 2022. Overall, exports recorded resilient growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of textile fabrics, rubberised; other than those of heading no. 5902s soared to $320K in 2022. In general, exports continue to indicate a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 from Finland in 2022:

1. Estonia (20.3K square meters)
2. Sweden (18.0K square meters)
3. Russia (15.2K square meters)
4. Norway (7.4K square meters)
5. United Arab Emirates (2.2K square meters)
6. Lithuania (1.5K square meters)
7. Poland (1.3K square meters)
8. Denmark (0.1K square meters)

Source: IndexBox Market Intelligence Platform