Scandinavia: Textile Flock Market 2024

Textile Flock Market Size in Scandinavia

The Scandinavia textile flock market dropped slightly to $X in 2023, stabilizing at the previous year. The total consumption indicated a strong increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption decreased by X% against 2021 indices. The level of consumption peaked at $X in 2016; however, from 2017 to 2023, consumption failed to regain momentum.

Textile Flock Production in Scandinavia

In value terms, textile flock production reduced slightly to $X in 2023 estimated in export price. The total production indicated resilient growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2016; however, from 2017 to 2023, production failed to regain momentum.

Textile Flock Exports

Exports in Scandinavia

In 2023, shipments abroad of textile flock and dust and mill neps decreased by X% to X tons, falling for the second consecutive year after two years of growth. Over the period under review, exports, however, enjoyed a resilient increase. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, textile flock exports expanded significantly to $X in 2023. Overall, exports, however, enjoyed a significant increase. The most prominent rate of growth was recorded in 2016 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2023, the growth of the exports remained at a lower figure.

Exports by Country

Finland (X tons) represented roughly X% of total exports in 2023.

Finland was also the fastest-growing in terms of the textile flock and dust and mill neps exports, with a CAGR of X% from 2012 to 2023. While the share of Finland (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Finland ($X) also remains the largest textile flock supplier in Scandinavia.

In Finland, textile flock exports expanded at an average annual rate of X% over the period from 2012-2023.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2023, rising by X% against the previous year. Export price indicated a moderate increase from 2012 to 2023: its price 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, textile flock export price increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2016 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2017 to 2023, the export prices remained at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Finland.

From 2012 to 2023, the rate of growth in terms of prices for Finland amounted to X% per year.

Textile Flock Imports

Imports in Scandinavia

In 2023, textile flock imports in Scandinavia was estimated at X tons, with an increase of X% compared with 2022. In general, imports showed tangible growth. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2021; however, from 2022 to 2023, imports stood at a somewhat lower figure.

In value terms, textile flock imports fell to $X in 2023. Over the period under review, imports showed 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 2021; however, from 2022 to 2023, imports remained at a lower figure.

Imports by Country

Finland represented the main importing country with an import of about X tons, which finished at X% of total imports. It was distantly followed by Sweden (X tons), mixing up a X% share of total imports. Norway (X tons) held a minor share of total imports.

Finland was also the fastest-growing in terms of the textile flock and dust and mill neps imports, with a CAGR of X% from 2012 to 2023. At the same time, Sweden (X%) displayed positive paces of growth. By contrast, Norway (X%) illustrated a downward trend over the same period. While the share of Finland (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Sweden (X p.p.) and Norway (X p.p.) displayed negative dynamics.

In value terms, Finland ($X) constitutes the largest market for imported textile flock and dust and mill neps in Scandinavia, comprising X% of total imports. The second position in the ranking was held by Sweden ($X), with an X% share of total imports.

From 2012 to 2023, the average annual growth rate of value in Finland stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Sweden (X% per year) and Norway (X% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2023, reducing by X% against the previous year. Over the period under review, the import price recorded a noticeable setback. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2019; however, from 2020 to 2023, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Norway ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Norway (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform