Price for Knitted or Crocheted Pile Fabrics in Finland - 2023

Contents:

1. Price for Knitted or Crocheted Pile Fabrics in Finland (CIF) - 2022
2. Price for Knitted or Crocheted Pile Fabrics in Finland (FOB) - 2022
3. Imports of Knitted or Crocheted Pile Fabrics in Finland
4. Exports of Knitted or Crocheted Pile Fabrics in Finland

Price for Knitted or Crocheted Pile Fabrics in Finland (CIF) - 2022

In 2022, the average import price for knitted or crocheted pile fabricses amounted to $16,877 per ton, with a decrease of -11.5% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 32% against the previous year. As a result, import price reached the peak level of $19,076 per ton, and then fell in the following year.

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 ($36,688 per ton), while the price for Israel ($9,549 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+16.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Knitted or Crocheted Pile Fabrics in Finland (FOB) - 2022

The average export price for knitted or crocheted pile fabricses stood at $36,551 per ton in 2022, which is down by -11.2% against the previous year. Overall, the export price saw a perceptible slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 28%. The export price peaked at $49,701 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($142,377 per ton), while the average price for exports to Hungary ($13,549 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 India (+11.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Knitted or Crocheted Pile Fabrics in Finland

After three years of growth, overseas purchases of knitted or crocheted pile fabricses decreased by -4.5% to 137 tons in 2022. The total import volume increased at an average annual rate of +2.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 9.8% against the previous year. As a result, imports reached the peak of 143 tons, and then dropped in the following year.

In value terms, knitted or crocheted pile fabrics imports fell rapidly to $2.3M in 2022. Over the period under review, total imports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +6.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +22.4% against 2020 indices. The pace of growth was the most pronounced in 2021 when imports increased by 45% against the previous year. As a result, imports reached the peak of $2.7M, and then shrank remarkably in the following year.

Top Suppliers of Knitted or Crocheted Pile Fabrics to Finland in 2022:

1. China (29.7 tons)
2. United Kingdom (28.1 tons)
3. Netherlands (19.2 tons)
4. Sweden (13.8 tons)
5. Italy (11.6 tons)
6. Belgium (8.8 tons)
7. Israel (2.8 tons)
8. Germany (2.5 tons)

Exports of Knitted or Crocheted Pile Fabrics in Finland

After two years of decline, shipments abroad of knitted or crocheted pile fabricses increased by 1.5% to 39 tons in 2022. In general, exports, however, faced a deep setback.

In value terms, knitted or crocheted pile fabrics exports fell to $1.4M in 2022. Overall, exports, however, continue to indicate a abrupt setback. The growth pace was the most rapid in 2021 with an increase of 25% against the previous year.

Top Export Markets for Knitted or Crocheted Pile Fabrics from Finland in 2022:

1. Estonia (11.2 tons)
2. Russia (9.2 tons)
3. Latvia (1.6 tons)
4. United States (1.3 tons)
5. Hungary (1.0 tons)
6. India (0.7 tons)
7. Singapore (0.6 tons)

Source: IndexBox Market Intelligence Platform