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

Contents:

1. Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Sweden (CIF) - 2022
2. Price for Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Sweden (FOB) - 2024
3. Imports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Sweden
4. Exports of Textile Fabrics, Rubberised; Other than Those of Heading No. 5902 in Sweden

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

The average import price for textile fabrics, rubberised; other than those of heading no. 5902s stood at $2.8 per square meter in 2022, increasing by 4.4% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 21% against the previous year. The import price peaked at $2.8 per square meter in 2013; afterwards, it flattened through to 2022.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($4.3 per square meter), while the price for Indonesia ($1.3 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 United States (+3.2%), 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 Sweden (FOB) - 2024

The average export price for textile fabrics, rubberised; other than those of heading no. 5902s stood at $4.4 per square meter in February 2024, with an increase of 23% against the previous month. In general, the export price, however, showed a perceptible downturn. The growth pace was the most rapid in September 2023 when the average export price increased by 31% month-to-month. Over the period under review, the average export prices reached the peak figure at $7.9 per square meter in November 2023; however, from December 2023 to February 2024, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In February 2024, the country with the highest price was the UK ($4.4 per square meter), while the average price for exports to Norway amounted to $3.8 per square meter.

From February 2023 to February 2024, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+24.4%), 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 Sweden

In 2022, imports of textile fabrics, rubberised; other than those of heading no. 5902s into Sweden reduced slightly to 3.9M square meters, leveling off at the previous year. The total import volume increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year. As a result, imports reached the peak of 3.9M square meters, leveling off in the following year.

In value terms, imports of textile fabrics, rubberised; other than those of heading no. 5902s amounted to $11M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +10.8% 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 +51.7% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 46%. Over the period under review, imports of attained the peak figure in 2022 and are expected to retain growth in the immediate term.

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

1. Germany (856.0K square meters)
2. Denmark (640.6K square meters)
3. United Kingdom (550.6K square meters)
4. China (514.5K square meters)
5. United States (300.5K square meters)
6. Indonesia (247.4K square meters)
7. Italy (220.7K square meters)
8. Japan (198.0K square meters)

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

For the fourth year in a row, Sweden recorded growth in shipments abroad of textile fabrics, rubberised; other than those of heading no. 5902s, which increased by 40% to 1.1M square meters in 2022. Over the period under review, total exports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +19.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +71.6% against 2019 indices. As a result, the exports reached 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 skyrocketed to $5.1M in 2022. Overall, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 49%. Over the period under review, the exports of reached the peak figure in 2022 and are likely to continue growth in the near future.

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

1. United Kingdom (522.0K square meters)
2. Norway (221.5K square meters)
3. Denmark (169.9K square meters)
4. Finland (86.5K square meters)
5. Lithuania (34.7K square meters)
6. Poland (21.9K square meters)

Source: IndexBox Market Intelligence Platform