Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Finland - 2023

Contents:

1. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Finland (CIF) - 2023
2. Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Finland (FOB) - 2023
3. Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Finland
4. Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Finland

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Finland (CIF) - 2023

The average import price for footwear; parts, outer soles and heels, of rubber or plasticses stood at $16,996 per ton in December 2023, falling by -20.6% against the previous month. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in November 2023 an increase of 26% against the previous month. As a result, import price attained the peak level of $21,407 per ton, and then contracted sharply in the following month.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was China ($19,457 per ton), while the price for Serbia amounted to $11,042 per ton.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Finland (FOB) - 2023

The average export price for footwear; parts, outer soles and heels, of rubber or plasticses stood at $29,545 per ton in December 2023, reducing by -32.7% against the previous month. In general, the export price showed a noticeable decline. The pace of growth was the most pronounced in February 2023 when the average export price increased by 80% month-to-month. The export price peaked at $47,340 per ton in December 2022; however, from January 2023 to December 2023, the export prices stood at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was Canada ($43,199 per ton), while the average price for exports to Russia ($16,849 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+1.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Finland

In 2022, the amount of footwear; parts, outer soles and heels, of rubber or plasticses imported into Finland soared to 221 tons, surging by 36% on the year before. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its volume increased at an average annual rate of +10.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +61.6% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of footwear; parts, outer soles and heels, of rubber or plasticses surged to $5.4M in 2022. Overall, total imports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +15.6% 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 +74.3% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics to Finland in 2022:

1. Czech Republic (97.0 tons)
2. Italy (48.0 tons)
3. China (35.5 tons)
4. Germany (24.7 tons)
5. Taiwan (Chinese) (7.4 tons)
6. Spain (4.1 tons)

Exports of Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics in Finland

In 2022, shipments abroad of footwear; parts, outer soles and heels, of rubber or plasticses was finally on the rise to reach 59 tons after two years of decline. In general, exports, however, continue to indicate a deep downturn.

In value terms, exports of footwear; parts, outer soles and heels, of rubber or plasticses soared to $1.1M in 2022. Overall, exports, however, recorded a abrupt decline.

Top Export Markets for Footwear; Parts, Outer Soles and Heels, of Rubber or Plastics from Finland in 2022:

1. Belarus (27.1 tons)
2. Russia (9.4 tons)
3. Indonesia (8.9 tons)
4. Canada (6.3 tons)
5. Estonia (2.3 tons)
6. United States (1.4 tons)
7. Sweden (1.0 tons)

Source: IndexBox Market Intelligence Platform