Scandinavia: Narrow Woven Fabric Market 2024

Narrow Woven Fabric Market Size in Scandinavia

In 2022, after three years of decline, there was significant growth in the Scandinavia narrow woven fabric market, when its value increased by X% to $X. Over the period under review, consumption, however, continues to indicate a noticeable decline. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Narrow Woven Fabric Production in Scandinavia

In value terms, narrow woven fabric production contracted to $X in 2022 estimated in export price. Overall, production recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Narrow Woven Fabric Exports

Exports in Scandinavia

In 2022, overseas shipments of narrow woven fabrics increased by X% to X tons, rising for the second year in a row after four years of decline. Over the period under review, exports continue to indicate a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, narrow woven fabric exports reached $X in 2022. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports by Country

In 2022, Finland (X tons) and Sweden (X tons) was the key exporter of narrow woven fabrics in Scandinavia, committing X% of total export.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Finland (with a CAGR of X%).

In value terms, Sweden ($X) and Finland ($X) appeared to be the countries with the highest levels of exports in 2022.

Finland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per ton, waning by X% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. The level of export peaked at $X per ton in 2021, and then fell dramatically in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Finland totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%).

Narrow Woven Fabric Imports

Imports in Scandinavia

In 2022, overseas purchases of narrow woven fabrics increased by X% to X tons for the first time since 2018, thus ending a three-year declining trend. In general, imports, however, saw a noticeable decrease. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, narrow woven fabric imports soared to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Sweden represented the largest importer of narrow woven fabrics in Scandinavia, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2022. Finland (X tons) took the second position in the ranking, followed by Norway (X tons). All these countries together held approx. X% share of total imports.

Imports into Sweden decreased at an average annual rate of X% from 2012 to 2022. At the same time, Norway (X%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of X% from 2012-2022. By contrast, Finland (X%) illustrated a downward trend over the same period. Norway (X p.p.) and Finland (X p.p.) significantly strengthened its position in terms of the total imports, while Sweden saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Sweden ($X), Finland ($X) and Norway ($X) constituted the countries with the highest levels of imports in 2022.

Among the main importing countries, Finland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per ton, reducing by X% against the previous year. Import price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, narrow woven fabric import price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2020 when the import price increased by X%. The level of import peaked at $X per ton in 2021, and then dropped in the following year.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Norway ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :