Price for Braids; in the Piece in Finland - 2023

Contents:

  1. Price for Braids; in the Piece in Finland (FOB) - 2022
  2. Price for Braids; in the Piece in Finland (CIF) - 2022
  3. Exports of Braids; in the Piece in Finland
  4. Imports of Braids; in the Piece in Finland

Price for Braids; in the Piece in Finland (FOB) - 2022

The average braids; in the piece export price stood at $8,848 per ton in 2022, with an increase of 1.5% against the previous year. In general, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 21%. Over the period under review, the average export prices attained the maximum at $11,803 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Estonia ($34,200 per ton), while the average price for exports to the UK ($4,741 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 Sweden (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Braids; in the Piece in Finland (CIF) - 2022

The average braids; in the piece import price stood at $26,048 per ton in 2022, surging by 5.6% against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, braids; in the piece import price decreased by -2.0% against 2020 indices. The pace of growth was the most pronounced in 2017 when the average import price increased by 32%. The import price peaked at $26,580 per ton in 2020; however, from 2021 to 2022, 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 Switzerland ($157,523 per ton), while the price for Estonia ($9,660 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+13.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Braids; in the Piece in Finland

In 2022, approx. 127 tons of braids; in the pieces were exported from Finland; with an increase of 8.6% compared with 2021. In general, total exports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +12.2% 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 +48.2% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 36%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, braids; in the piece exports totaled $1.1M in 2022. The total export value increased at an average annual rate of +11.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 22%. Over the period under review, the braids; in piece exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Braids; in the Piece in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway4684214846048.9%
United KingdomN/AN/A12081.4-32.2%
Latvia36.458.347.975.327.4%
Vietnam50.428.333.463.78.1%
Estonia53.182.059.843.9-6.1%
Sweden33.146.640.143.89.8%
Poland58.959.073.542.9-10.0%
Others10113615716517.8%
Total8018321,0161,12011.8%

Top Export Markets for Braids; in the Piece from Finland in 2022:

  1. Norway (93.0 tons)
  2. United Kingdom (17.2 tons)
  3. Vietnam (3.0 tons)
  4. Latvia (2.6 tons)
  5. Sweden (2.0 tons)
  6. Poland (1.6 tons)
  7. Estonia (1.3 tons)

Imports of Braids; in the Piece in Finland

In 2022, supplies from abroad of braids; in the pieces decreased by -10.9% to 15 tons, falling for the second year in a row after two years of growth. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. As a result, imports reached the peak of 18 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, braids; in the piece imports reduced to $403K in 2022. Over the period under review, imports, however, showed mild growth. The growth pace was the most rapid in 2020 when imports increased by 20% against the previous year. As a result, imports reached the peak of $470K. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Braids; in the Piece in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany28.425721520192.0%
Estonia68.266.070.866.5-0.8%
Sweden4.650.444.559.0134.1%
China2.435.138.029.5130.8%
Switzerland80.225.729.721.3-35.7%
Malaysia172N/AN/AN/A0%
Others36.136.530.525.7-10.7%
Total3924704284030.9%

Top Suppliers of Braids; in the Piece to Finland in 2022:

  1. Estonia (6.9 tons)
  2. Germany (4.5 tons)
  3. Sweden (2.6 tons)
  4. China (1.0 tons)
  5. Switzerland (0.1 tons)

Source: IndexBox Market Intelligence Platform

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