Finland - Artificial Fur - Market Analysis, Forecast, Size, Trends And Insights
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View PricingArtificial Fur Price in Finland - 2023
Contents:
- Artificial Fur Price in Finland (CIF) - 2023
- Artificial Fur Price in Finland (FOB) - 2022
- Artificial Fur Imports in Finland
- Artificial Fur Exports in Finland
Artificial Fur Price in Finland (CIF) - 2023
In July 2023, the average artificial fur import price amounted to $16,670 per ton, falling by -8.3% against the previous month. In general, import price indicated a slight expansion from July 2022 to July 2023: its price increased at an average monthly rate of +1.4% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, artificial fur import price decreased by -41.4% against May 2023 indices. The pace of growth was the most pronounced in May 2023 when the average import price increased by 87% m-o-m. As a result, import price reached the peak level of $28,452 per ton. From June 2023 to July 2023, the average import prices remained at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Denmark ($36,214 per ton), while the price for Sweden ($12,159 per ton) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Denmark (+14.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Artificial Fur Price in Finland (FOB) - 2022
The average artificial fur export price stood at $39,131 per ton in 2022, growing by 1.6% against the previous year. In general, the export price posted a buoyant increase. The growth pace was the most rapid in 2014 an increase of 164%. The export price peaked at $62,524 per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($160,394 per ton), while the average price for exports to Denmark ($23,427 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+47.1%), while the prices for the other major destinations experienced more modest paces of growth.
Artificial Fur Imports in Finland
Artificial fur imports into Finland totaled 59 tons in 2022, approximately equating 2021 figures. Over the period under review, imports recorded significant growth. The most prominent rate of growth was recorded in 2021 when imports increased by 187%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.
In value terms, artificial fur imports reduced to $663K in 2022. In general, imports showed buoyant growth. The pace of growth appeared the most rapid in 2021 with an increase of 140%. As a result, imports reached the peak of $683K, and then dropped slightly in the following year.
Import of Artificial Fur in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 394 | 225 | 596 | 572 | 13.2% |
Denmark | 2.0 | 25.6 | 29.6 | 46.7 | 185.8% |
Germany | N/A | 0.1 | 9.0 | 23.5 | 1433.0% |
Sweden | 11.4 | 15.3 | 25.2 | 7.1 | -14.6% |
Others | 24.5 | 18.6 | 22.5 | 13.0 | -19.0% |
Total | 432 | 285 | 683 | 663 | 15.3% |
Top Suppliers of Artificial Fur to Finland in 2022:
- China (53.8 tons)
- Denmark (2.3 tons)
- Germany (1.6 tons)
- Sweden (0.5 tons)
Artificial Fur Exports in Finland
For the fourth year in a row, Finland recorded growth in shipments abroad of artificial fur, which increased by 5.3% to 2.2 tons in 2022. Over the period under review, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 198%. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, artificial fur exports rose rapidly to $85K in 2022. In general, exports showed a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 131% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
Export of Artificial Fur in Finland (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Denmark | 1.0 | 11.3 | 34.2 | 36.1 | 230.5% |
Estonia | 5.2 | 13.5 | 40.4 | 29.7 | 78.8% |
United States | 0.3 | 0.3 | 0.4 | 10.6 | 228.1% |
Switzerland | N/A | N/A | N/A | 4.1 | 0% |
United Kingdom | N/A | N/A | N/A | 2.8 | 0% |
Sweden | 4.8 | 2.5 | 1.1 | N/A | -52.1% |
Others | 3.8 | 6.6 | 3.0 | 1.4 | -28.3% |
Total | 15.1 | 34.2 | 79.1 | 84.6 | 77.6% |
Top Export Markets for Artificial Fur from Finland in 2022:
- Denmark (1541.0 kg)
- Estonia (423.0 kg)
- United Kingdom (72.0 kg)
- United States (66.0 kg)
- Switzerland (46.0 kg)
This report provides an in-depth analysis of the artificial fur market in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 13911920 - Artificial fur and articles thereof
Country coverage:
- Finland
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Finland
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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In value terms, artificial fur and articles thereof imports stood at $X in 2016. Overall, it indicated a significant expansion from 2007 to 2016: the total imports value decreased at an average ann...
In value terms, artificial fur and articles thereof exports stood at $X in 2016. Overall, it indicated a measured growth from 2007 to 2016: the total exports value decreased at an average annual rat...
In value terms, artificial fur and articles thereof imports stood at $X in 2016. Overall, it indicated a significant expansion from 2007 to 2016: the total imports value decreased at an average ann...
In value terms, artificial fur and articles thereof exports stood at $X in 2016. Overall, it indicated a measured growth from 2007 to 2016: the total exports value decreased at an average annual rat...