Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Finland - 2023
Contents:
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Finland (CIF) - 2022
- Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Finland (FOB) - 2022
- Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Finland
- Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Finland
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Finland (CIF) - 2022
In 2022, the average import price for wadding; other articles thereof, other than of cotton or man-made fibreses amounted to $6,922 per ton, jumping by 17% against the previous year. In general, the import price, however, recorded a mild downturn. The most prominent rate of growth was recorded in 2017 when the average import price increased by 48%. As a result, import price attained the peak level of $16,994 per ton. From 2018 to 2022, the average import prices remained at a somewhat 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 Germany ($140,954 per ton), while the price for China ($3,218 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+33.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Price for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Finland (FOB) - 2022
The average export price for wadding; other articles thereof, other than of cotton or man-made fibreses stood at $16,576 per ton in 2022, declining by -12.5% against the previous year. In general, the export price, however, showed a buoyant increase. The pace of growth was the most pronounced in 2021 when the average export price increased by 54%. As a result, the export price reached the peak level of $18,945 per ton, and then fell in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($397,000 per ton), while the average price for exports to Norway ($7,227 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 Russia (+51.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Finland
In 2022, approx. 72 tons of wadding; other articles thereof, other than of cotton or man-made fibreses were imported into Finland; shrinking by -23.1% against the previous year's figure. Over the period under review, total imports indicated a perceptible expansion from 2019 to 2022: its volume increased at an average annual rate of +3.8% 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 +21.4% against 2020 indices. The pace of growth appeared the most rapid in 2021 when imports increased by 58% against the previous year. As a result, imports attained the peak of 94 tons, and then dropped markedly in the following year.
In value terms, imports of wadding; other articles thereof, other than of cotton or man-made fibreses contracted to $500K in 2022. Overall, imports showed a slight reduction. The most prominent rate of growth was recorded in 2020 when imports increased by 12%. As a result, imports reached the peak of $580K. From 2021 to 2022, the growth of imports of failed to regain momentum.
| Import of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| France | 162 | 447 | 368 | 229 | 12.2% |
| Sweden | 1.2 | 41.0 | 48.2 | 120 | 364.2% |
| China | 31.7 | N/A | 3.4 | 0.7 | -71.9% |
| Poland | 210 | N/A | N/A | N/A | 0% |
| Others | 111 | 92.9 | 136 | 149 | 10.3% |
| Total | 517 | 580 | 555 | 500 | -1.1% |
Top Suppliers of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres to Finland in 2022:
- France (58.5 tons)
- Sweden (12.6 tons)
- China (0.2 tons)
Exports of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Finland
For the fourth consecutive year, Finland recorded growth in overseas shipments of wadding; other articles thereof, other than of cotton or man-made fibreses, which increased by 53% to 13 tons in 2022. Overall, exports saw significant growth. 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, other than of cotton or man-made fibreses soared to $222K in 2022. In general, exports showed a significant increase. The growth pace was the most rapid in 2021 with an increase of 78% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are likely to continue growth in the near future.
| Export of Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 11.0 | 12.7 | 54.0 | 115 | 118.7% |
| Estonia | 45.5 | 62.9 | 72.7 | 60.2 | 9.8% |
| Bulgaria | 26.1 | 2.6 | 18.0 | 27.1 | 1.3% |
| Norway | 10.0 | 9.6 | 14.7 | 14.4 | 12.9% |
| Others | 5.4 | 5.1 | 6.0 | 5.0 | -2.5% |
| Total | 98.0 | 92.9 | 165 | 222 | 31.3% |
Top Export Markets for Wadding; Other Articles Thereof, Other than of Cotton or Man-Made Fibres from Finland in 2022:
- Estonia (5.9 tons)
- Sweden (2.6 tons)
- Bulgaria (2.6 tons)
- Norway (2.0 tons)
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