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Finland - Tufted Carpets and Other Tufted Textile Floor Coverings - Market Analysis, Forecast, Size, Trends and Insights
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View PricingFinland: Tufted Carpet Market 2024
Tufted Carpet Market Size in Finland
The Finnish tufted carpet market skyrocketed to $X in 2023, growing by X% against the previous year. Over the period under review, consumption showed a prominent increase. Tufted carpet consumption peaked in 2023 and is likely to see steady growth in the near future.
Tufted Carpet Production in Finland
In value terms, tufted carpet production surged to $X in 2023 estimated in export price. Overall, production, however, posted a noticeable increase. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2017; however, from 2018 to 2023, production stood at a somewhat lower figure.
Tufted Carpet Exports
Exports from Finland
In 2023, approx. X square meters of tufted carpets and other tufted textile floor coverings were exported from Finland; waning by X% on 2022 figures. In general, exports recorded a abrupt decrease. The growth pace was the most rapid in 2022 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X square meters in 2017; however, from 2018 to 2023, the exports stood at a somewhat lower figure.
In value terms, tufted carpet exports fell notably to $X in 2023. Overall, exports saw a deep downturn. The pace of growth appeared the most rapid in 2022 when exports increased by X%. The exports peaked at $X in 2017; however, from 2018 to 2023, the exports failed to regain momentum.
Exports by Country
Sweden (X square meters) was the main destination for tufted carpet exports from Finland, accounting for a X% share of total exports. Moreover, tufted carpet exports to Sweden exceeded the volume sent to the second major destination, Estonia (X square meters), sixfold. The UK (X square meters) ranked third in terms of total exports with a X% share.
From 2012 to 2023, the average annual growth rate of volume to Sweden totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (X% per year) and the UK (X% per year).
In value terms, Sweden ($X) remains the key foreign market for tufted carpets and other tufted textile floor coverings exports from Finland, comprising X% of total exports. The second position in the ranking was held by Estonia ($X), with a X% share of total exports. It was followed by the UK, with a X% share.
From 2012 to 2023, the average annual growth rate of value to Sweden totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Estonia (X% per year) and the UK (X% per year).
Export Prices by Country
In 2023, the average tufted carpet export price amounted to $X per square meter, picking up by X% against the previous year. Over the period under review, the export price, however, showed a slight slump. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. As a result, the export price attained the peak level of $X per square meter. From 2022 to 2023, the average export prices failed to regain momentum.
There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Denmark ($X per square meter), while the average price for exports to Sweden ($X per square meter) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (X%), while the prices for the other major destinations experienced more modest paces of growth.
Tufted Carpet Imports
Imports into Finland
In 2023, the amount of tufted carpets and other tufted textile floor coverings imported into Finland expanded remarkably to X square meters, picking up by X% compared with the year before. Over the period under review, total imports indicated notable growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2019 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. Imports peaked at X square meters in 2019; afterwards, it flattened through to 2023.
In value terms, tufted carpet imports skyrocketed to $X in 2023. Overall, total imports indicated a temperate increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Imports peaked in 2023 and are expected to retain growth in the near future.
Imports by Country
Sweden (X square meters), the Netherlands (X square meters) and Egypt (X square meters) were the main suppliers of tufted carpet imports to Finland, together accounting for X% of total imports. Denmark, Belgium, China, Poland, Greece, Germany, the Czech Republic, the UK and India lagged somewhat behind, together comprising a further X%.
From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.
In value terms, Denmark ($X), Sweden ($X) and the Netherlands ($X) constituted the largest tufted carpet suppliers to Finland, with a combined X% share of total imports. Belgium, Poland, Germany, China, Egypt, the UK, Greece, the Czech Republic and India lagged somewhat behind, together accounting for a further X%.
In terms of the main suppliers, the Czech Republic, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average tufted carpet import price stood at $X per square meter in 2023, increasing by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2013 when the average import price increased by X%. The import price peaked at $X per square meter in 2014; however, from 2015 to 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Denmark ($X per square meter), while the price for Egypt ($X per square meter) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
This report provides an in-depth analysis of the tufted carpet market in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13931300 - Tufted carpets and other tufted textile floor coverings
Country coverage:
- Finland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Finland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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