Finland: Childrenswear Market Overview 2020

Childrenswear Market Size in Finland

The revenue of the childrenswear market in Finland amounted to $X in 2017, growing by X% against the previous year. Overall, childrenswear consumption continues to indicate a prominent expansion. The most prominent rate of growth was recorded in 2011, with an increase of X% against the previous year. The childrenswear consumption peaked in 2017, and is expected to retain its growth in the near future.

Childrenswear Production in Finland

Childrenswear production in Finland totaled X tonnes in 2017, jumping by X% against the previous year. In general, the total output indicated a temperate increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the childrenswear production increased by +X% against 2013 indices. The pace of growth appeared the most rapid in 2014, when it surged by X% against the previous year. Over the period under review, the childrenswear production reached its peak figure volume in 2017, and is expected to retain its growth in the near future.

Childrenswear Exports from Finland

In 2017, exports of babies' garments and clothing accessories from Finland amounted to X tonnes, going down by -X% against the previous year. In general, childrenswear exports continue to indicate an abrupt slump. The growth pace was the most rapid in 2012, with an increase of X% year-to-year. The exports peaked of X tonnes in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

In value terms, childrenswear exports amounted to $X in 2017. Overall, childrenswear exports continue to indicate an abrupt setback. Over the period under review, the childrenswear exports reached its peak figure level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Childrenswear Exports by Country from Finland

Russia (X tonnes) was the main destination of childrenswear exports from Finland, accounting for X% share of total exports. Moreover, childrenswear exports to Russia exceeded the volume sent to the second major destination, Sweden (X tonnes), ninefold. The third position in this ranking was occupied by Estonia (X tonnes), with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of volume to Russia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+X% per year) and Estonia (+X% per year).

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

From 2007 to 2017, the average annual rate of growth in terms of value to Russia amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+X% per year) and Estonia (+X% per year).

Childrenswear Export Prices by Country in Finland

In 2017, the average childrenswear export price amounted to $X per kg, standing approx. at the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2011, when it surged by X% y-o-y. Over the period under review, the average export prices for babies' garments and clothing accessories attained its peak figure level in 2017, and is expected to retain its growth in the immediate term.

Average export prices varied somewhat for the major foreign markets. In 2017, the highest prices were recorded for export prices to Sweden ($X per kg) and Russia ($X per kg), while average price for exports to Estonia ($X per kg) and Russia ($X per kg) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Russia (-X% per year), the export prices for other major destinations experienced a decline.

Childrenswear Imports into Finland

In 2017, childrenswear imports into Finland totaled X tonnes, coming down by -X% against the previous year. In general, childrenswear imports continue to indicate a noticeable curtailment. The growth pace was the most rapid in 2013, when it surged by X% y-o-y. In that year, the childrenswear imports reached their peak volume of X tonnes. From 2014 to 2017, growth of the childrenswear imports stood at a somewhat lower level.

In value terms, childrenswear imports totaled $X in 2017. Overall, childrenswear imports continue to indicate a relatively flat trend pattern. Over the period under review, the childrenswear imports reached its peak figure level of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Childrenswear Imports by Country into Finland

In 2017, China (X tonnes) constituted the largest childrenswear supplier to Finland, accounting for X% share of total imports. Moreover, childrenswear imports from China exceeded the figures recorded by the second largest supplier, Sweden (X tonnes), threefold. The third position in this ranking was occupied by Myanmar (X tonnes), with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of volume from China totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+X% per year) and Myanmar (+X% per year).

In value terms, China ($X) constituted the largest supplier of childrenswear to Finland, making up X% of total childrenswear imports. The second position in the ranking was occupied by Sweden ($X), with a X% share of total imports. It was followed by Bangladesh, with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of value from China stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+X% per year) and Bangladesh (+X% per year).

Childrenswear Import Prices by Country in Finland

In 2017, the average childrenswear import price amounted to $X per kg, rising by X% against the previous year. Over the period from 2007 to 2017, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2014, when the average import prices increased by X% year-to-year. Over the period under review, the average import prices for babies' garments and clothing accessories reached its maximum level in 2017, and is likely to continue its growth in the immediate term.

There were significant differences in the average import prices amongst the major supplying countries. In 2017, the country with the highest import price was Estonia ($X per kg), while prices for childrenswear imports from Myanmar ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Estonia (-X% per year), the import prices for other major suppliers experienced a decline.

Source: IndexBox Platform