Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Finland - 2023

Contents:

  1. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Finland (CIF) - 2022
  2. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Finland (FOB) - 2022
  3. Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Finland
  4. Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Finland

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Finland (CIF) - 2022

The average import price for felt; whether or not impregnated, coated, covered or laminateds stood at $5,232 per ton in 2022, rising by 4% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by 25% against the previous year. The import price peaked at $6,555 per ton in 2018; however, from 2019 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 Austria ($38,750 per ton), while the price for Denmark ($3,749 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+22.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Finland (FOB) - 2022

The average export price for felt; whether or not impregnated, coated, covered or laminateds stood at $10,484 per ton in 2022, reducing by -62.7% against the previous year. Overall, the export price saw a abrupt decline. The most prominent rate of growth was recorded in 2018 an increase of 19%. Over the period under review, the average export prices hit record highs at $37,773 per ton in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Russia ($45,505 per ton), while the average price for exports to Lithuania ($7,184 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 the United Arab Emirates (+34.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Finland

In 2022, after three years of growth, there was significant decline in overseas purchases of felt; whether or not impregnated, coated, covered or laminateds, when their volume decreased by -8.9% to 1.5K tons. The total import volume increased at an average annual rate of +7.7% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 36% against the previous year. As a result, imports reached the peak of 1.6K tons, and then shrank in the following year.

In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds dropped to $7.6M in 2022. The total import value increased at an average annual rate of +1.1% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 14% against the previous year. As a result, imports reached the peak of $8M, and then contracted in the following year.

Import of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark2,8993,3454,7403,0221.4%
Germany2,2551,0571,0381,390-14.9%
Estonia4951,37987976215.5%
Belgium39227632062817.0%
Sweden27540630137210.6%
China406143216339-5.8%
Netherlands63.655.216119745.8%
Others57741938491016.4%
Total7,3627,0828,0397,6191.2%

Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to Finland in 2022:

  1. Denmark (805.9 tons)
  2. Germany (160.2 tons)
  3. Estonia (156.5 tons)
  4. Belgium (113.4 tons)
  5. China (61.7 tons)
  6. Sweden (49.9 tons)
  7. Netherlands (31.6 tons)

Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Finland

In 2022, after two years of decline, there was significant growth in shipments abroad of felt; whether or not impregnated, coated, covered or laminateds, when their volume increased by 318% to 118 tons. Over the period under review, exports showed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds skyrocketed to $1.2M in 2022. Overall, exports, however, showed a deep slump.

Export of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Lithuania9211,100438735-7.2%
Sweden51517142.370.8-48.4%
Latvia63.741.951.142.3-12.8%
Estonia39.337.636.441.51.8%
Denmark2.21.81.724.6123.6%
Russia85.056.649.29.9-51.2%
India23.36.71.86.7-34.0%
Others13016017030432.7%
Total1,7791,5767911,234-11.5%

Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from Finland in 2022:

  1. Lithuania (102.3 tons)
  2. Latvia (3.7 tons)
  3. Denmark (2.9 tons)
  4. Estonia (2.5 tons)
  5. Sweden (1.9 tons)
  6. India (0.6 tons)
  7. Russia (0.2 tons)

Source: IndexBox Market Intelligence Platform

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