Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Finland - 2023

Contents:

  1. Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Finland (CIF) - 2022
  2. Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Finland (FOB) - 2022
  3. Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Finland
  4. Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Finland

Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Finland (CIF) - 2022

The average import price for fabrics; looped pile fabrics, of cotton, knitted or crocheted stood at $28,892 per ton in 2022, shrinking by -5.4% against the previous year. In general, the import price, however, posted a prominent increase. The pace of growth was the most pronounced in 2017 when the average import price increased by 141% against the previous year. As a result, import price attained the peak level of $52,019 per ton. From 2018 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($45,200 per ton), while the price for Sweden ($23,267 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+27.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Finland (FOB) - 2022

In 2022, the average export price for fabrics; looped pile fabrics, of cotton, knitted or crocheted amounted to $1,143 per ton, falling by -58.1% against the previous year. Over the period under review, the export price showed a sharp decrease. The most prominent rate of growth was recorded in 2014 when the average export price increased by 954%. As a result, the export price attained the peak level of $71,161 per ton. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Bangladesh ($2,000 per ton), while the average price for exports to the UK ($1,000 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 China (+5.9%), while the prices for the other major destinations experienced a decline.

Imports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Finland

Imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted into Finland soared to 102 kg in 2022, with an increase of 467% on the previous year. Overall, imports, however, showed a dramatic downturn.

In value terms, imports of fabrics; looped pile fabrics, of cotton, knitted or crocheted skyrocketed to $2.9K in 2022. Over the period under review, imports, however, faced a dramatic descent.

Import of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwedenN/AN/A0.51.7240.0%
NetherlandsN/A22.6N/A0.7-82.4%
United KingdomN/AN/A0.10.2100.0%
China1.6N/AN/AN/A0%
India1.5N/AN/AN/A0%
Poland0.9N/AN/AN/A0%
Others6.40.2N/A0.3-63.9%
Total10.322.80.62.9-34.5%

Top Suppliers of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted to Finland in 2022:

  1. Sweden (75.0 kg)
  2. Netherlands (21.0 kg)
  3. United Kingdom (5.0 kg)

Exports of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Finland

In 2022, approx. 14 kg of fabrics; looped pile fabrics, of cotton, knitted or crocheted were exported from Finland; with an increase of 27% compared with 2021 figures. Overall, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 57% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of fabrics; looped pile fabrics, of cotton, knitted or crocheted fell markedly to $16 in 2022. In general, exports, however, faced a sharp setback. The most prominent rate of growth was recorded in 2021 with an increase of 20%.

Export of Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted in Finland (USD)
COUNTRY2019202020212022CAGR,
2019-2022
United KingdomN/AN/AN/A9.00%
China24.09.015.04.0-45.0%
Bangladesh7.07.04.02.0-34.1%
Hong Kong SARN/AN/A1.01.00.0%
NorwayN/AN/A6.0N/A0%
India4.0N/AN/AN/A0%
PakistanN/AN/A4.0N/A0%
Turkey3.09.0N/AN/A200.0%
Others19.0N/AN/AN/A0%
Total57.025.030.016.0-34.5%

Top Export Markets for Fabrics; Looped Pile Fabrics, of Cotton, Knitted or Crocheted from Finland in 2022:

  1. United Kingdom (9.0 kg)
  2. China (3.0 kg)
  3. Bangladesh (1.0 kg)
  4. Hong Kong SAR (1.0 kg)

Source: IndexBox Market Intelligence Platform

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