Price for Textiles; Worn Clothing and Other Worn Articles in Finland - 2023
Contents:
- Price for Textiles; Worn Clothing and Other Worn Articles in Finland (FOB) - 2022
- Price for Textiles; Worn Clothing and Other Worn Articles in Finland (CIF) - 2022
- Exports of Textiles; Worn Clothing and Other Worn Articles in Finland
- Imports of Textiles; Worn Clothing and Other Worn Articles in Finland
Price for Textiles; Worn Clothing and Other Worn Articles in Finland (FOB) - 2022
The average export price for textiles; worn clothing and other worn articleses stood at $896 per ton in 2022, increasing by 20% against the previous year. Overall, export price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for textiles; worn clothing and other worn articleses increased by +56.8% against 2019 indices. The pace of growth appeared the most rapid in 2017 an increase of 53%. As a result, the export price attained the peak level of $945 per ton. From 2018 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($3,631 per ton), while the average price for exports to India ($166 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 India (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Textiles; Worn Clothing and Other Worn Articles in Finland (CIF) - 2022
In 2022, the average import price for textiles; worn clothing and other worn articleses amounted to $4,225 per ton, shrinking by -55.9% against the previous year. Over the period under review, the import price showed a slight decrease. The pace of growth appeared the most rapid in 2014 an increase of 59%. The import price peaked at $10,140 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($16,552 per ton), while the price for Turkey ($1,514 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Textiles; Worn Clothing and Other Worn Articles in Finland
After two years of decline, overseas shipments of textiles; worn clothing and other worn articleses increased by 15% to 12K tons in 2022. Overall, exports, however, recorded a noticeable setback.
In value terms, exports of textiles; worn clothing and other worn articleses skyrocketed to $11M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +12.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +40.9% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Textiles; Worn Clothing and Other Worn Articles in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Estonia | 2,019 | 1,586 | 1,804 | 1,823 | -3.3% |
| Oman | 1,320 | 675 | 558 | 945 | -10.5% |
| Lithuania | 1,492 | 1,658 | 982 | 923 | -14.8% |
| Turkey | 538 | 845 | 951 | 412 | -8.5% |
| Angola | N/A | N/A | 205 | 300 | 46.3% |
| Mozambique | 424 | 476 | 109 | 294 | -11.5% |
| Benin | 20.1 | 32.0 | 132 | 151 | 95.9% |
| Malawi | 299 | 208 | 28.8 | 62.0 | -40.8% |
| Others | 1,407 | 2,023 | 2,897 | 5,665 | 59.1% |
| Total | 7,519 | 7,504 | 7,668 | 10,574 | 12.0% |
Top Export Markets for Textiles; Worn Clothing and Other Worn Articles from Finland in 2022:
- Estonia (4.1K tons)
- Lithuania (2.4K tons)
- Oman (2.0K tons)
- Turkey (0.9K tons)
- Angola (0.5K tons)
- Mozambique (0.4K tons)
- Benin (0.4K tons)
- Malawi (0.1K tons)
Imports of Textiles; Worn Clothing and Other Worn Articles in Finland
In 2022, the amount of textiles; worn clothing and other worn articleses imported into Finland soared to 295 tons, with an increase of 213% on the previous year's figure. In general, imports recorded a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of textiles; worn clothing and other worn articleses skyrocketed to $1.2M in 2022. Overall, imports recorded a significant expansion. The growth pace was the most rapid in 2020 with an increase of 75% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
| Import of Textiles; Worn Clothing and Other Worn Articles in Finland (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 226 | 467 | 363 | 459 | 26.6% |
| France | 3.7 | 161 | 207 | 269 | 317.4% |
| United Kingdom | 86.7 | 9.5 | 126 | 158 | 22.1% |
| Netherlands | 8.4 | N/A | 6.2 | 70.9 | 103.6% |
| Turkey | 5.7 | 15.4 | 8.6 | 69.9 | 130.6% |
| United States | 46.7 | 52.8 | 51.1 | 45.6 | -0.8% |
| Austria | 24.1 | N/A | 4.7 | 24.1 | 0.0% |
| Others | 144 | 246 | 139 | 152 | 1.8% |
| Total | 545 | 952 | 905 | 1,248 | 31.8% |
Top Suppliers of Textiles; Worn Clothing and Other Worn Articles to Finland in 2022:
- Germany (79.4 tons)
- France (64.3 tons)
- Turkey (46.2 tons)
- Netherlands (45.1 tons)
- United Kingdom (22.6 tons)
- United States (6.9 tons)
- Austria (6.6 tons)
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