Scandinavia: Man-Made Filament Fabric Market 2024

Man-Made Filament Fabric Market Size in Scandinavia

In 2022, the Scandinavia man-made filament fabric market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, posted a strong expansion. Over the period under review, the market attained the maximum level at $X in 2021, and then contracted modestly in the following year.

Man-Made Filament Fabric Production in Scandinavia

In value terms, man-made filament fabric production expanded significantly to $X in 2022 estimated in export price. The total production indicated a resilient 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Man-Made Filament Fabric Exports

Exports in Scandinavia

In 2022, after two years of growth, there was decline in shipments abroad of woven fabrics of man-made filaments and staple fibers, when their volume decreased by X% to X square meters. In general, exports, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports hit record highs at X square meters in 2021, and then reduced modestly in the following year.

In value terms, man-made filament fabric exports skyrocketed to $X in 2022. Over the period under review, exports continue to indicate a relatively flat trend pattern. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Sweden represented the major exporting country with an export of around X square meters, which finished at X% of total exports. It was distantly followed by Finland (X square meters), committing a X% share of total exports.

Sweden was also the fastest-growing in terms of the woven fabrics of man-made filaments and staple fibers exports, with a CAGR of X% from 2012 to 2022. At the same time, Finland (X%) displayed positive paces of growth. From 2012 to 2022, the share of Sweden and Finland increased by X and X percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) remains the largest man-made filament fabric supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was taken by Finland ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Sweden was relatively modest.

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per square meter, growing by X% against the previous year. In general, the export price, however, saw a deep slump. The level of export peaked at $X per square meter in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per square meter), while Sweden stood at $X per square meter.

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

Man-Made Filament Fabric Imports

Imports in Scandinavia

In 2022, supplies from abroad of woven fabrics of man-made filaments and staple fibers decreased by X% to X square meters for the first time since 2019, thus ending a two-year rising trend. In general, imports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2020 when imports increased by X% against the previous year. The volume of import peaked at X square meters in 2021, and then dropped significantly in the following year.

In value terms, man-made filament fabric imports surged to $X in 2022. Overall, imports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Sweden was the major importer of woven fabrics of man-made filaments and staple fibers in Scandinavia, with the volume of imports resulting at X square meters, which was approx. X% of total imports in 2022. Finland (X square meters) ranks second in terms of the total imports with a X% share, followed by Norway (X%).

Sweden was also the fastest-growing in terms of the woven fabrics of man-made filaments and staple fibers imports, with a CAGR of X% from 2012 to 2022. At the same time, Finland (X%) and Norway (X%) displayed positive paces of growth. From 2012 to 2022, the share of Sweden increased by X percentage points.

In value terms, the largest man-made filament fabric importing markets in Scandinavia were Sweden ($X), Finland ($X) and Norway ($X).

Among the main importing countries, Sweden, with a CAGR of X%, recorded 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 2022, the import price in Scandinavia amounted to $X per square meter, rising by X% against the previous year. In general, the import price, however, recorded a abrupt decrease. Over the period under review, import prices hit record highs at $X per square meter in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, 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

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