Latest Report Update: Jun 7, 2021

Finland - Apparel Of Leather Or Of Composition Leather - Market Analysis, Forecast, Size, Trends and Insights
Update: COVID-19 Impact

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Finland: Leather Apparel Market Overview 2021

Leather Apparel Market Size in Finland

The Finnish leather apparel market declined to $X in 2020, which is down by -X% against the previous year. In general, consumption recorded a abrupt shrinkage. The pace of growth appeared the most rapid in 2008 with an increase of X% year-to-year. As a result, consumption reached the peak level of $X. From 2009 to 2020, the growth of the market remained at a somewhat lower figure.

Leather Apparel Production in Finland

In value terms, leather apparel production contracted to $X in 2020 estimated in export prices. Over the period under review, production recorded a deep downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. Over the period under review, production hit record highs at $X in 2007; however, from 2008 to 2020, production remained at a lower figure.

Leather Apparel Exports

Exports from Finland

In 2020, approx. X units of apparel of leather or of composition leather were exported from Finland; which is down by -X% compared with 2019 figures. Over the period under review, exports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure at X units in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, leather apparel exports shrank rapidly to $X in 2020. Overall, exports showed a deep downturn. The growth pace was the most rapid in 2011 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure at $X in 2008; however, from 2009 to 2020, exports failed to regain the momentum.

Exports by Country

Sweden (X units), Germany (X units) and Estonia (X units) were the main destinations of leather apparel exports from Finland, together accounting for X% of total exports. Russia, Latvia, Norway and the Netherlands lagged somewhat behind, together accounting for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands, while exports for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) remains the key foreign market for leather apparel exports from Finland, comprising X% of total exports. The second position in the ranking was occupied by Germany ($X), with a X% share of total exports. It was followed by Russia, with a X% share.

From 2007 to 2020, the average annual growth rate of value to Sweden stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-X% per year) and Russia (-X% per year).

Export Prices by Country

In 2020, the average leather apparel export price amounted to $X per unit, falling by -X% against the previous year. Overall, the export price, however, posted buoyant growth. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. Over the period under review, average export prices reached the peak figure at $X per unit in 2019, and then declined in the following year.

There were significant differences in the average prices for the major external markets. In 2020, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Norway ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Latvia, while the prices for the other major destinations experienced more modest paces of growth.

Leather Apparel Imports

Imports into Finland

In 2020, imports of apparel of leather or of composition leather into Finland shrank notably to X units, with a decrease of -X% against the previous year. In general, imports showed a abrupt downturn. The smallest decline of -X% was in 2008. Imports peaked at X units in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, leather apparel imports fell to $X in 2020. Overall, imports saw a abrupt contraction. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2009 to 2020, the growth imports failed to regain the momentum.

Imports by Country

Pakistan (X units), India (X units) and China (X units) were the main suppliers of leather apparel imports to Finland, together comprising X% of total imports. These countries were followed by Turkey, Germany and Italy, which together accounted for a further X 2007 to 2020, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey, while imports for the other leaders experienced a decline.

In value terms, the largest leather apparel suppliers to Finland were India ($X), Pakistan ($X) and China ($X), with a combined X% share of total imports.

Among the main suppliers, Pakistan recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2020, the average leather apparel import price amounted to $X per unit, with an increase of X% against the previous year. Over the period under review, the import price enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. Over the period under review, average import prices hit record highs in 2020 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Turkey ($X per unit), while the price for Pakistan ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for apparel of leather or of composition leather in the world?
+
China (114M units) remains the largest leather apparel consuming country worldwide, comprising approx. 47% of total volume. Moreover, leather apparel consumption in China exceeded the figures recorded by the second-largest consumer, India (12M units), tenfold. The U.S. (7.5M units) ranked third in terms of total consumption with a 3.1% share.
What are the largest producers of apparel of leather or of composition leather in the world?
+
China (118M units) remains the largest leather apparel producing country worldwide, accounting for 48% of total volume. Moreover, leather apparel production in China exceeded the figures recorded by the second-largest producer, India (16M units), sevenfold. Pakistan (13M units) ranked third in terms of total production with a 5.5% share.
What are the leading suppliers of apparel of leather or of composition leather to Finland?
+
In value terms, the largest leather apparel suppliers to Finland were India ($2M), Pakistan ($1.5M) and China ($517K), with a combined 79% share of total imports.
What are the leading importers of apparel of leather or of composition leather from Finland?
+
In value terms, Sweden ($556K) remains the key foreign market for leather apparel exports from Finland, comprising 42% of total exports. The second position in the ranking was occupied by Germany ($163K), with a 12% share of total exports. It was followed by Russia, with a 10% share.
What is the average export price for apparel of leather or of composition leather in Finland?
+
The average leather apparel export price stood at $209 per unit in 2020, reducing by -10.4% against the previous year.
What is the average import price for apparel of leather or of composition leather in Finland?
+
In 2020, the average leather apparel import price amounted to $112 per unit, surging by 5.8% against the previous year.

Product coverage:
• Prodcom 14111000 - Articles of apparel of leather or of composition leather (including coats and overcoats) (excluding clothing accessories, headgear, footwear)

This report provides an in-depth analysis of the leather apparel market 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 2025.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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