Finland - Carpets And Other Textile Floor Coverings - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Finland - Carpets And Other Textile Floor Coverings - Market Analysis, Forecast, Size, Trends and Insights

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Carpet Price in Finland - 2023

Contents:

  1. Carpet Price in Finland (CIF) - 2022
  2. Carpet Price in Finland (FOB) - 2022
  3. Carpet Imports in Finland
  4. Carpet Exports in Finland

Carpet Price in Finland (CIF) - 2022

In 2022, the average carpet import price amounted to $12 per square meter, standing approx. at the previous year. Overall, the import price, however, continues to indicate a slight decline. The pace of growth was the most pronounced in 2017 when the average import price increased by 6.9% against the previous year. Over the period under review, average import prices attained the maximum at $14 per square meter in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($27 per square meter), while the price for Egypt ($5.2 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+1.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Carpet Price in Finland (FOB) - 2022

The average carpet export price stood at $19 per square meter in 2022, rising by 2.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.9%. The growth pace was the most rapid in 2021 an increase of 45% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($60 per square meter), while the average price for exports to Sweden ($9.5 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.

Carpet Imports in Finland

Carpet imports into Finland dropped modestly to 6.5M square meters in 2022, with a decrease of -2.7% on 2021 figures. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of 9.6% against the previous year. As a result, imports reached the peak of 6.6M square meters, and then shrank in the following year.

In value terms, carpet imports reduced to $75M in 2022. Overall, imports continue to indicate a mild curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 5.6%. Over the period under review, imports reached the peak figure at $77M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Carpet in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden2.718.516.616.081.0%
Belgium13.19.110.410.2-8.0%
Netherlands11.95.26.77.7-13.5%
Poland3.34.17.77.430.9%
India10.85.18.26.3-16.4%
China6.02.72.05.5-2.9%
Germany3.54.64.84.37.1%
Egypt5.93.45.33.1-19.3%
Denmark3.34.23.53.0-3.1%
Turkey5.02.22.32.2-23.9%
Greece1.51.81.71.4-2.3%
Others9.911.77.67.6-8.4%
Total77.072.776.874.8-1.0%

Top Suppliers of Carpet to Finland in 2022:

  1. Sweden (1240.6K square meters)
  2. Belgium (893.7K square meters)
  3. India (819.4K square meters)
  4. Poland (690.1K square meters)
  5. Netherlands (644.0K square meters)
  6. Egypt (595.4K square meters)
  7. China (342.8K square meters)
  8. Germany (218.9K square meters)
  9. Turkey (214.7K square meters)
  10. Greece (191.5K square meters)
  11. Denmark (154.5K square meters)

Carpet Exports in Finland

In 2022, the amount of carpets and other textile floor coverings exported from Finland soared to 577K square meters, picking up by 83% on 2021 figures. Over the period under review, exports, however, showed a abrupt setback. The exports peaked at 748K square meters in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, carpet exports skyrocketed to $11M in 2022. Overall, total exports indicated tangible growth from 2019 to 2022: its value increased at an average annual rate of +2.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Carpet in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Belgium1.31.01.32.219.2%
Sweden4.33.50.21.8-25.2%
Denmark1.01.20.51.39.1%
Estonia0.80.80.70.94.0%
United Kingdom0.50.40.20.3-15.7%
Bulgaria0.10.2N/A0.10.0%
Others2.12.52.94.327.0%
Total10.19.55.810.92.6%

Top Export Markets for Carpet from Finland in 2022:

  1. Sweden (187.3K square meters)
  2. Belgium (179.1K square meters)
  3. Denmark (67.5K square meters)
  4. Estonia (67.3K square meters)
  5. Bulgaria (11.3K square meters)
  6. United Kingdom (7.9K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the carpet 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 13931100 - Knotted carpets and other knotted textile floor coverings
  • Prodcom 13931200 - Woven carpets and other woven textile coverings (excluding tufted or flocked)
  • Prodcom 13931300 - Tufted carpets and other tufted textile floor coverings

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Carpets And Other Textile Floor Coverings - Finland