Price for Clothing; Parts, Knitted or Crocheted in Finland - 2023
Contents:
- Price for Clothing; Parts, Knitted or Crocheted in Finland (CIF) - 2022
- Price for Clothing; Parts, Knitted or Crocheted in Finland (FOB) - 2022
- Imports of Clothing; Parts, Knitted or Crocheted in Finland
- Exports of Clothing; Parts, Knitted or Crocheted in Finland
Price for Clothing; Parts, Knitted or Crocheted in Finland (CIF) - 2022
In 2022, the average import price for clothing; parts, knitted or crocheted amounted to $45,095 per ton, which is down by -7.3% against the previous year. Over the period under review, the import price showed a mild contraction. The pace of growth appeared the most rapid in 2017 when the average import price increased by 92%. As a result, import price reached the peak level of $63,132 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 the UK ($69,577 per ton), while the price for Bolivia ($3,958 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+90.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Clothing; Parts, Knitted or Crocheted in Finland (FOB) - 2022
In 2022, the average export price for clothing; parts, knitted or crocheted amounted to $47,318 per ton, shrinking by -35.5% against the previous year. Over the period under review, the export price saw a perceptible setback. The most prominent rate of growth was recorded in 2021 an increase of 400%. Over the period under review, the average export prices hit record highs at $150,684 per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.
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 Japan ($157,000 per ton), while the average price for exports to Pakistan ($1,000 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 Hong Kong SAR (+37.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Clothing; Parts, Knitted or Crocheted in Finland
In 2022, overseas purchases of clothing; parts, knitted or crocheted decreased by -27.8% to 1.5 tons, falling for the second year in a row after two years of growth. Overall, imports continue to indicate a precipitous curtailment. The growth pace was the most rapid in 2020 with an increase of 12% against the previous year. As a result, imports attained the peak of 5 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, clothing; parts, knitted or crocheted imports declined remarkably to $66K in 2022. In general, imports saw a precipitous descent. The smallest decline of -12.1% was in 2020.
| Import of Clothing; Parts, Knitted or Crocheted in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 5.0 | 0.3 | N/A | 23.6 | 67.7% |
| Sweden | 7.7 | 34.5 | 10.2 | 11.0 | 12.6% |
| Belgium | 10.9 | 67.4 | 33.3 | 4.2 | -27.2% |
| United States | 2.9 | 2.9 | 2.3 | 3.8 | 9.4% |
| Portugal | 1.8 | N/A | N/A | 3.8 | 28.3% |
| Estonia | 84.0 | 46.6 | 4.7 | 2.2 | -70.3% |
| Italy | 0.4 | 0.1 | 0.3 | 2.1 | 73.8% |
| United Kingdom | N/A | N/A | 3.6 | 1.8 | -50.0% |
| China | 51.0 | 17.4 | 3.3 | 1.2 | -71.3% |
| Germany | 0.2 | 3.1 | 2.9 | 1.2 | 81.7% |
| Lithuania | N/A | 26.5 | N/A | 1.1 | -79.6% |
| Denmark | 1.7 | 3.5 | 1.8 | 1.0 | -16.2% |
| Bolivia | N/A | N/A | N/A | 0.1 | 0% |
| Others | 82.5 | 15.8 | 35.7 | 8.6 | -52.9% |
| Total | 248 | 218 | 98.2 | 65.7 | -35.8% |
Top Suppliers of Clothing; Parts, Knitted or Crocheted to Finland in 2022:
- Norway (574.0 kg)
- Sweden (268.0 kg)
- Portugal (108.0 kg)
- Belgium (66.0 kg)
- Germany (66.0 kg)
- Estonia (60.0 kg)
- United States (56.0 kg)
- Denmark (43.0 kg)
- Italy (41.0 kg)
- Lithuania (38.0 kg)
- United Kingdom (26.0 kg)
- Bolivia (24.0 kg)
- China (19.0 kg)
Exports of Clothing; Parts, Knitted or Crocheted in Finland
In 2022, shipments abroad of clothing; parts, knitted or crocheted decreased by -41.3% to 44 kg, falling for the second year in a row after two years of growth. Over the period under review, exports saw a sharp shrinkage. The pace of growth was the most pronounced in 2020 with an increase of 312% against the previous year. As a result, the exports attained the peak of 1.1 tons. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, clothing; parts, knitted or crocheted exports declined sharply to $2.1K in 2022. In general, exports faced a sharp downturn. The most prominent rate of growth was recorded in 2020 with an increase of 19%. As a result, the exports attained the peak of $17K. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Clothing; Parts, Knitted or Crocheted in Finland (USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 5.0 | N/A | 120 | 616 | 397.6% |
| Estonia | 12,407 | 2,452 | 1,932 | 476 | -66.3% |
| Russia | 154 | 24.0 | N/A | 248 | 17.2% |
| Japan | N/A | 7.0 | 211 | 157 | 373.6% |
| Canada | N/A | N/A | 16.0 | 116 | 625.0% |
| Latvia | 15.0 | 2,577 | N/A | 51.0 | 50.4% |
| Poland | 17.0 | N/A | N/A | 39.0 | 31.9% |
| New Zealand | N/A | N/A | N/A | 23.0 | 0% |
| Hong Kong SAR | N/A | N/A | N/A | 18.0 | 0% |
| China | N/A | 6.0 | 6.0 | 12.0 | 41.4% |
| Australia | N/A | 303 | 97.0 | 9.0 | -82.8% |
| Iceland | 236 | 7,955 | N/A | 3.0 | -76.7% |
| Pakistan | N/A | N/A | 7.0 | 1.0 | -85.7% |
| Others | 1,257 | 3,410 | 3,110 | 313 | -37.1% |
| Total | 14,091 | 16,734 | 5,499 | 2,082 | -47.1% |
Top Export Markets for Clothing; Parts, Knitted or Crocheted from Finland in 2022:
- Poland (9.0 kg)
- Estonia (6.0 kg)
- Norway (6.0 kg)
- Russia (6.0 kg)
- Canada (3.0 kg)
- Pakistan (1.0 kg)
- Australia (1.0 kg)
- Iceland (1.0 kg)
- Latvia (1.0 kg)
- China (1.0 kg)
- Japan (1.0 kg)
- New Zealand (1.0 kg)
- Hong Kong SAR (1.0 kg)
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