Scandinavia: Market for Non-Woven, Felt and Coated Textile Garments 2024

Market Size for Non-Woven, Felt and Coated Textile Garments in Scandinavia

The Scandinavia market for non-woven, felt and coated textile garments reduced rapidly to $X in 2023, with a decrease of X% against the previous year. The total consumption indicated a modest expansion 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. Based on 2023 figures, consumption decreased by X% against 2020 indices. As a result, consumption attained the peak level of $X. From 2021 to 2023, the growth of the market remained at a somewhat lower figure.

Production of Non-Woven, Felt and Coated Textile Garments in Scandinavia

In value terms, production of non-woven, felt and coated textile garments reduced sharply to $X in 2023 estimated in export price. Overall, production, however, saw a significant increase. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. Over the period under review, production of reached the maximum level at $X in 2020; however, from 2021 to 2023, production failed to regain momentum.

Exports of Non-Woven, Felt and Coated Textile Garments

Exports in Scandinavia

In 2023, shipments abroad of non-woven, felt and coated textile garments decreased by X% to X units for the first time since 2014, thus ending a eight-year rising trend. The total export volume increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 with an increase of X%. The volume of export peaked at X units in 2022, and then fell in the following year.

In value terms, exports of non-woven, felt and coated textile garments totaled $X in 2023. Total exports indicated measured growth 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. Based on 2023 figures, exports increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2021 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs in 2023 and are expected to retain growth in years to come.

Exports by Country

Sweden represented the largest exporting country with an export of about X units, which finished at X% of total exports. It was distantly followed by Finland (X units) and Norway (X units), together constituting a X% share of total exports.

Exports from Sweden increased at an average annual rate of X% from 2012 to 2023. At the same time, Norway (X%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of X% from 2012-2023. Finland experienced a relatively flat trend pattern. Sweden (X p.p.) significantly strengthened its position in terms of the total exports, while Finland saw its share reduced by X% from 2012 to 2023, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) remains the largest non-woven, felt and coated textile garment supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was taken by Finland ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in Sweden amounted to X%. In the other countries, the average annual rates were as follows: Finland (X% per year) and Norway (X% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per unit in 2023, rising by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of export peaked in 2023 and is likely to see steady growth in the near future.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Norway ($X per unit), while Finland ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Finland (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Non-Woven, Felt and Coated Textile Garments

Imports in Scandinavia

In 2023, supplies from abroad of non-woven, felt and coated textile garments decreased by X% to X units, falling for the second year in a row after five years of growth. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Over the period under review, imports of attained the maximum at X units in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, imports of non-woven, felt and coated textile garments declined significantly to $X in 2023. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when imports increased by X%. The level of import peaked at $X in 2022, and then shrank sharply in the following year.

Imports by Country

Sweden represented the key importer of non-woven, felt and coated textile garments in Scandinavia, with the volume of imports amounting to X units, which was approx. X% of total imports in 2023. Norway (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Finland (X%).

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Sweden (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest non-woven, felt and coated textile garment importing markets in Scandinavia were Sweden ($X), Norway ($X) and Finland ($X).

Among the main importing countries, Sweden, with a CAGR of X%, saw the highest growth rate of 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 2023, the import price in Scandinavia amounted to $X per unit, surging by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2022 when the import price increased by X%. Over the period under review, import prices hit record highs in 2023 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Norway ($X per unit), while Finland ($X per unit) was amongst the lowest.

From 2012 to 2023, 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