Finland - Silk Shawls And Scarves - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Finland - Silk Shawls And Scarves - Market Analysis, Forecast, Size, Trends And Insights

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Price for Silk Shawl and Scarf in Finland - 2023

Contents:

  1. Price for Silk Shawl and Scarf in Finland (CIF) - 2022
  2. Price for Silk Shawl and Scarf in Finland (FOB) - 2022
  3. Imports of Silk Shawl and Scarf in Finland
  4. Exports of Silk Shawl and Scarf in Finland

Price for Silk Shawl and Scarf in Finland (CIF) - 2022

In 2022, the average silk shawl and scarf import price amounted to $16 per unit, falling by -16.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2021 an increase of 50% against the previous year. As a result, import price attained the peak level of $19 per unit, and then fell dramatically in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($101 per unit), while the price for India ($6.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Vietnam (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Silk Shawl and Scarf in Finland (FOB) - 2022

The average silk shawl and scarf export price stood at $29 per unit in 2022, growing by 8.5% against the previous year. Overall, export price indicated a pronounced increase from 2012 to 2022: its price increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, silk shawl and scarf export price increased by +106.7% against 2016 indices. The growth pace was the most rapid in 2017 an increase of 26% against the previous year. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was France ($114 per unit), while the average price for exports to Latvia ($7.7 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 China (+16.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Silk Shawl and Scarf in Finland

In 2022, supplies from abroad of silk shawls and scarves was finally on the rise to reach 57K units for the first time since 2019, thus ending a two-year declining trend. Overall, imports, however, showed a abrupt slump. Over the period under review, imports attained the peak figure at 90K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, silk shawl and scarf imports soared to $883K in 2022. Over the period under review, imports, however, recorded a deep contraction. Over the period under review, imports hit record highs at $1.1M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Silk Shawl and Scarf in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Italy28938239940912.3%
China413201189210-20.2%
India31819678.6162-20.1%
Vietnam0.20.23.719.9363.4%
Others98.272.495.281.7-5.9%
Total1,118851765883-7.6%

Top Suppliers of Silk Shawl and Scarf to Finland in 2022:

  1. India (26.5K units)
  2. China (22.0K units)
  3. Italy (4.0K units)
  4. Vietnam (2.0K units)

Exports of Silk Shawl and Scarf in Finland

In 2022, the amount of silk shawls and scarves exported from Finland dropped slightly to 11K units, with a decrease of -1.6% compared with the year before. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 13%. The exports peaked at 11K units in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

In value terms, silk shawl and scarf exports totaled $314K in 2022. Over the period under review, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +11.9% 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 +51.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 42% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.

Export of Silk Shawl and Scarf in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany12.714.417.133.538.2%
Thailand7.43.010.430.460.2%
United States21.622.519.025.05.0%
Estonia22.215.116.124.43.2%
Sweden42.735.135.324.4-17.0%
France4.96.927.323.368.2%
Latvia27.517.817.021.9-7.3%
China1.23.28.720.7158.4%
Japan5.67.633.618.749.5%
Australia10.89.49.616.214.5%
South Korea2.53.64.311.968.2%
Hong Kong SAR19.812.818.211.6-16.3%
Iceland2.13.93.97.250.8%
Others43.251.473.744.81.2%
Total22420729431411.9%

Top Export Markets for Silk Shawl and Scarf from Finland in 2022:

  1. Latvia (2832.0 units)
  2. Estonia (2438.0 units)
  3. Thailand (851.0 units)
  4. Germany (697.0 units)
  5. Japan (522.0 units)
  6. China (493.0 units)
  7. Australia (402.0 units)
  8. United States (382.0 units)
  9. Sweden (351.0 units)
  10. South Korea (277.0 units)
  11. Iceland (214.0 units)
  12. France (204.0 units)
  13. Hong Kong SAR (181.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for silk shawl and scarf in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 14192338 - Shawls, scarves, mufflers, mantillas, veils and the like, of silk or silk waste (excluding knitted or crocheted)

Country coverage:

  • Finland

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Finland
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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