Quilted Textile Products Price in Estonia - 2023
Contents:
- Quilted Textile Products Price in Estonia (FOB) - 2022
- Quilted Textile Products Price in Estonia (CIF) - 2022
- Quilted Textile Products Exports in Estonia
- Quilted Textile Products Imports in Estonia
Quilted Textile Products Price in Estonia (FOB) - 2022
In 2022, the average quilted textile products export price amounted to $4.4 per square meter, reducing by -21.1% against the previous year. Over the period under review, export price indicated a resilient expansion from 2020 to 2022: its price increased at an average annual rate of +12.6% over the last two years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, quilted textile products export price increased by +26.8% against 2020 indices. The pace of growth appeared the most rapid in 2021 an increase of 61% against the previous year. As a result, the export price attained the peak level of $5.5 per square meter, and then contracted remarkably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Latvia ($20 per square meter), while the average price for exports to North Macedonia ($7.7 per square meter) was amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (+45.8%), while the prices for the other major destinations experienced more modest paces of growth.
Quilted Textile Products Price in Estonia (CIF) - 2022
In 2022, the average quilted textile products import price amounted to $4.1 per square meter, waning by -28.3% against the previous year. Over the period under review, the import price recorded a deep setback. The most prominent rate of growth was recorded in 2021 when the average import price decreased by -0.4% against the previous year. Over the period under review, average import prices hit record highs at $5.8 per square meter in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($39 per square meter), while the price for the Netherlands ($6.1 per square meter) was amongst the lowest.
From 2020 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+25.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Quilted Textile Products Exports in Estonia
In 2022, approx. 154K square meters of quilted textile products in the piece (excluding embroidery) were exported from Estonia; dropping by -24.4% compared with 2021 figures. Over the period under review, exports faced a deep downturn. The smallest decline of -0.6% was in 2020. The exports peaked at 226K square meters in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, quilted textile products exports dropped markedly to $673K in 2022. Overall, exports faced a deep setback. The growth pace was the most rapid in 2021 when exports increased by 46%. The exports peaked at $1.3M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Quilted Textile Products in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Latvia | 101 | 491 | 390 | 96.5% | |
| Norway | 426 | 258 | 205 | -30.6% | |
| Sweden | 76.3 | 18.0 | 57.9 | -12.9% | |
| North Macedonia | 21.0 | 13.4 | 11.9 | -24.7% | |
| Sri Lanka | N/A | 136 | N/A | 0% | |
| Poland | 30.9 | N/A | N/A | 0% | |
| Myanmar | 107 | 139 | N/A | 29.9% | |
| Others | 10.1 | 73.0 | 7.8 | -12.1% | |
| Total | 773 | 1,129 | 673 | -6.7% | |
Top Export Markets for Quilted Textile Products from Estonia in 2022:
- Latvia (19.9K square meters)
- Norway (11.2K square meters)
- Sweden (5.0K square meters)
- North Macedonia (1.6K square meters)
Quilted Textile Products Imports in Estonia
In 2022, purchases abroad of quilted textile products in the piece (excluding embroidery) decreased by -24.6% to 78K square meters for the first time since 2018, thus ending a three-year rising trend. Overall, imports, however, continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 17% against the previous year. Over the period under review, imports reached the maximum at 104K square meters in 2021, and then dropped markedly in the following year.
In value terms, quilted textile products imports declined notably to $322K in 2022. Over the period under review, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 23% against the previous year. Imports peaked at $596K in 2021, and then dropped markedly in the following year.
| Import of Quilted Textile Products in Estonia (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| China | 94.0 | 222 | 118 | 12.0% | |
| Sweden | 136 | 96.5 | 51.2 | -38.6% | |
| Norway | 48.8 | 82.6 | 43.8 | -5.3% | |
| Italy | 33.4 | 59.1 | 31.4 | -3.0% | |
| Lithuania | 35.0 | 36.6 | 22.3 | -20.2% | |
| Latvia | 42.4 | 0.9 | 20.1 | -31.1% | |
| Poland | 4.4 | 12.1 | 6.4 | 20.6% | |
| Netherlands | 3.4 | 3.7 | 2.4 | -16.0% | |
| Others | 129 | 81.6 | 26.3 | -54.8% | |
| Total | 526 | 596 | 322 | -21.8% | |
Top Suppliers of Quilted Textile Products to Estonia in 2022:
- China (15.3K square meters)
- Sweden (3.0K square meters)
- Lithuania (1.6K square meters)
- Norway (1.1K square meters)
- Latvia (0.9K square meters)
- Italy (0.8K square meters)
- Netherlands (0.4K square meters)
- Poland (0.4K square meters)
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