Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Finland - 2023

Contents:

1. Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Finland (CIF) - 2023
2. Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Finland (FOB) - 2022
3. Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Finland
4. Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Finland

Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Finland (CIF) - 2023

The average import price for articles of apparel, clothing accessories and other articles of furskin stood at $115 per unit in November 2023, picking up by 92% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The import price peaked at $152 per unit in January 2023; however, from February 2023 to November 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In November 2023, the country with the highest price was the Netherlands ($253 per unit), while the price for Lebanon ($57.5 per unit) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was attained by Sweden (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Finland (FOB) - 2022

The average export price for articles of apparel, clothing accessories and other articles of furskin stood at $163 per unit in 2022, falling by -15.6% against the previous year. Over the period under review, the export price recorded a abrupt decline. The most prominent rate of growth was recorded in 2021 an increase of 8.7%. The export price peaked at $1,303 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Czech Republic ($267 per unit), while the average price for exports to Turkey ($38 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Uzbekistan (+41.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Finland

In 2022, approx. 16K units of articles of apparel, clothing accessories and other articles of furskin were imported into Finland; shrinking by -30.5% against the year before. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 51% against the previous year. As a result, imports reached the peak of 23K units, and then reduced dramatically in the following year.

In value terms, imports of articles of apparel, clothing accessories and other articles of furskin declined remarkably to $1.1M in 2022. Overall, total imports indicated a notable increase from 2019 to 2022: its value increased at an average annual rate of +2.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +12.3% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 55%. As a result, imports reached the peak of $1.5M, and then reduced markedly in the following year.

Top Suppliers of Articles of Apparel, Clothing Accessories and Other Articles of Furskin to Finland in 2022:

1. China (6.5K units)
2. Lebanon (4.3K units)
3. Sweden (3.0K units)
4. Netherlands (1.0K units)
5. Slovakia (0.5K units)
6. Germany (0.4K units)

Exports of Articles of Apparel, Clothing Accessories and Other Articles of Furskin in Finland

After three years of growth, overseas shipments of articles of apparel, clothing accessories and other articles of furskin decreased by -8.1% to 6.2K units in 2022. Over the period under review, total exports indicated a prominent increase from 2019 to 2022: its volume increased at an average annual rate of +15.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +52.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 31% against the previous year. As a result, the exports attained the peak of 6.8K units, and then contracted in the following year.

In value terms, exports of articles of apparel, clothing accessories and other articles of furskin dropped dramatically to $1M in 2022. Overall, exports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2021 with an increase of 43% against the previous year. As a result, the exports attained the peak of $1.3M, and then dropped remarkably in the following year.

Top Export Markets for Articles of Apparel, Clothing Accessories and Other Articles of Furskin from Finland in 2022:

1. Belgium (2164.0 units)
2. United States (517.0 units)
3. Mexico (501.0 units)
4. India (454.0 units)
5. United Arab Emirates (376.0 units)
6. Singapore (314.0 units)
7. Brazil (187.0 units)
8. Ukraine (179.0 units)
9. Turkey (167.0 units)
10. Uzbekistan (165.0 units)
11. Czech Republic (146.0 units)
12. Lithuania (118.0 units)
13. Kyrgyzstan (116.0 units)

Source: IndexBox Market Intelligence Platform