Scandinavia: Market for Nets of Twine, Cordage, Rope or Textile Materials 2024

Market Size for Nets of Twine, Cordage, Rope or Textile Materials in Scandinavia

The Scandinavia market for nets of twine, cordage, rope or textile materials shrank to $X in 2022, which is down by X% against the previous year. In general, consumption, however, saw strong growth. The level of consumption peaked at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Production of Nets of Twine, Cordage, Rope or Textile Materials in Scandinavia

In value terms, twine, cordage or textile net production contracted rapidly to $X in 2022 estimated in export price. Over the period under review, production recorded a deep contraction. The most prominent rate of growth was recorded 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 2021, and then reduced sharply in the following year.

Exports of Nets of Twine, Cordage, Rope or Textile Materials

Exports in Scandinavia

In 2022, the amount of nets of twine, cordage, rope or textile materials exported in Scandinavia declined notably to X tons, which is down by X% against the previous year's figure. Over the period under review, exports saw a pronounced curtailment. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, twine, cordage or textile net exports reduced modestly to $X in 2022. Overall, exports saw a perceptible slump. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Norway prevails in exports structure, resulting at X tons, which was near X% of total exports in 2022. It was distantly followed by Sweden (X tons), making up a X% share of total exports.

Norway was also the fastest-growing in terms of the nets of twine, cordage, rope or textile materials exports, with a CAGR of X% from 2012 to 2022. Sweden (X%) illustrated a downward trend over the same period. Norway (X p.p.) significantly strengthened its position in terms of the total exports, while Sweden saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Norway ($X) remains the largest twine, cordage or textile net supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was taken by Sweden ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Norway totaled X%.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, jumping by X% against the previous year. Over the period under review, the export price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the export price increased by X%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Norway amounted to $X per ton.

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

Imports of Nets of Twine, Cordage, Rope or Textile Materials

Imports in Scandinavia

In 2022, the amount of nets of twine, cordage, rope or textile materials imported in Scandinavia expanded sharply to X tons, surging by X% compared with 2021. Total imports indicated a notable increase from 2012 to 2022: its volume 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, imports increased by X% against 2013 indices. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, twine, cordage or textile net imports skyrocketed to $X in 2022. Total imports indicated a buoyant expansion from 2012 to 2022: its value 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, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.

Imports by Country

Norway prevails in imports structure, resulting at X tons, which was approx. X% of total imports in 2022. Sweden (X tons) ranks second in terms of the total imports with a X% share, followed by Finland (X%).

Norway was also the fastest-growing in terms of the nets of twine, cordage, rope or textile materials imports, with a CAGR of X% from 2012 to 2022. Sweden experienced a relatively flat trend pattern. Finland (X%) illustrated a downward trend over the same period. Norway (X p.p.) significantly strengthened its position in terms of the total imports, while Sweden and Finland saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Norway ($X) constitutes the largest market for imported nets of twine, cordage, rope or textile materials in Scandinavia, comprising X% of total imports. The second position in the ranking was taken by Finland ($X), with an X% share of total imports.

In Norway, twine, cordage or textile net imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Finland (X% per year) and Sweden (X% per year).

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The level of import peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Finland ($X per ton), while Norway ($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 more modest paces of growth.

Source: IndexBox Platform

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