Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Finland - 2023
Contents:
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Finland (CIF) - 2023
- Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Finland (FOB) - 2022
- Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Finland
- Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Finland
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Finland (CIF) - 2023
The average import price for wadding; other articles thereof, of man-made fibreses stood at $9,621 per ton in October 2023, declining by -33.6% against the previous month. Overall, import price indicated a temperate expansion from October 2022 to October 2023: its price increased at an average monthly rate of +2.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on October 2023 figures, import price for wadding; other articles thereof, of man-made fibreses increased by +3.5% against August 2023 indices. The most prominent rate of growth was recorded in September 2023 when the average import price increased by 56% against the previous month. As a result, import price attained the peak level of $14,490 per ton, and then contracted markedly in the following month.
As there is only one major supplying country, the average price level is determined by prices for the UK.
From October 2022 to October 2023, the rate of growth in terms of prices for Estonia amounted to +12.2% per month.
Price for Wadding; Other Articles Thereof, of Man-Made Fibres in Finland (FOB) - 2022
The average export price for wadding; other articles thereof, of man-made fibreses stood at $7,073 per ton in 2022, waning by -27.1% against the previous year. In general, the export price, however, showed a prominent increase. The growth pace was the most rapid in 2021 an increase of 28%. As a result, the export price attained the peak level of $9,697 per ton, and then reduced notably in the following year.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Russia ($16,757 per ton), while the average price for exports to Estonia ($3,806 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 Arab Emirates (+30.1%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wadding; Other Articles Thereof, of Man-Made Fibres in Finland
In 2022, imports of wadding; other articles thereof, of man-made fibreses into Finland surged to 485 tons, picking up by 23% against the year before. The total import volume increased at an average annual rate of +13.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when imports increased by 29% against the previous year. Over the period under review, imports of attained the maximum in 2022 and are likely to continue growth in the immediate term.
In value terms, imports of wadding; other articles thereof, of man-made fibreses amounted to $3.6M in 2022. The total import value increased at an average annual rate of +10.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 with an increase of 20% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.
| Import of Wadding; Other Articles Thereof, of Man-Made Fibres in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 1,458 | 1,397 | 1,465 | 1,454 | -0.1% |
| Estonia | 403 | 517 | 841 | 567 | 12.1% |
| Italy | 110 | 19.7 | 53.2 | 521 | 67.9% |
| Czech Republic | 157 | 157 | 498 | 377 | 33.9% |
| Sweden | 108 | 144 | 178 | 252 | 32.6% |
| Germany | 297 | 312 | 266 | 232 | -7.9% |
| China | 131 | 114 | 102 | 153 | 5.3% |
| Others | 51.5 | 595 | 121 | 74.3 | 13.0% |
| Total | 2,715 | 3,255 | 3,524 | 3,630 | 10.2% |
Top Suppliers of Wadding; Other Articles Thereof, of Man-Made Fibres to Finland in 2022:
- United Kingdom (175.0 tons)
- Estonia (114.9 tons)
- Italy (76.8 tons)
- Germany (36.5 tons)
- Sweden (36.1 tons)
- Czech Republic (21.8 tons)
- China (17.6 tons)
Exports of Wadding; Other Articles Thereof, of Man-Made Fibres in Finland
In 2022, shipments abroad of wadding; other articles thereof, of man-made fibreses increased by 192% to 105 tons for the first time since 2019, thus ending a two-year declining trend. In general, exports showed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, exports of wadding; other articles thereof, of man-made fibreses soared to $743K in 2022. Over the period under review, exports posted a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Wadding; Other Articles Thereof, of Man-Made Fibres in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Russia | 82.2 | 73.3 | 170 | 322 | 57.6% |
| Estonia | 110 | 58.7 | 70.3 | 240 | 29.7% |
| United Arab Emirates | N/A | N/A | N/A | 69.7 | 0% |
| Pakistan | N/A | 86.2 | 13.3 | 34.2 | -37.0% |
| Latvia | 1.5 | 22.9 | 34.8 | 10.9 | 93.7% |
| Lithuania | 4.7 | 4.0 | 7.3 | 7.0 | 14.2% |
| Belarus | 17.9 | 7.1 | 16.9 | N/A | -2.8% |
| Others | 27.9 | 22.3 | 36.7 | 59.2 | 28.5% |
| Total | 244 | 274 | 350 | 743 | 44.9% |
Top Export Markets for Wadding; Other Articles Thereof, of Man-Made Fibres from Finland in 2022:
- Estonia (63.2 tons)
- Russia (19.2 tons)
- United Arab Emirates (10.3 tons)
- Pakistan (5.0 tons)
- Latvia (1.7 tons)
- Lithuania (1.2 tons)
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