
Finland - Bed Linen - Market Analysis, Forecast, Size, Trends and Insights
Finland: Bed Linen Market 2023
Bed Linen Market Size in Finland
The Finnish bed linen market expanded notably to $X in 2021, growing by 9.3% against the previous year. Overall, consumption, however, saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.
Bed Linen Production in Finland
In value terms, bed linen production skyrocketed to $X in 2021 estimated in export price. Overall, production enjoyed resilient growth. The most prominent rate of growth was recorded in 2018 with an increase of 135% against the previous year. Over the period under review, production hit record highs in 2021 and is expected to retain growth in the immediate term.
Bed Linen Exports
Exports from Finland
In 2021, overseas shipments of bed linen increased by 36% to X tons, rising for the second consecutive year after three years of decline. In general, exports posted a perceptible expansion. The most prominent rate of growth was recorded in 2020 with an increase of 96%. The exports peaked in 2021 and are expected to retain growth in the immediate term.
In value terms, bed linen exports skyrocketed to $X in 2021. Overall, exports posted temperate growth. The growth pace was the most rapid in 2020 when exports increased by 92%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.
Exports by Country
Estonia (X tons), Sweden (X tons) and Latvia (X tons) were the main destinations of bed linen exports from Finland, together accounting for 75% of total exports.
From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of +18.3%), while the other leaders experienced more modest paces of growth.
In value terms, Sweden ($X), Estonia ($X) and Russia ($X) appeared to be the largest markets for bed linen exported from Finland worldwide, together accounting for 58% of total exports. Latvia, Germany and Japan lagged somewhat behind, together accounting for a further 16%.
Germany, with a CAGR of +16.5%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2021, the average bed linen export price amounted to $X per ton, rising by 2.6% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 47% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Germany ($X per ton), while the average price for exports to Latvia ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Bed Linen Imports
Imports into Finland
Bed linen imports into Finland expanded markedly to X tons in 2021, rising by 11% compared with 2020. The total import volume increased at an average annual rate of +1.5% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when imports increased by 18%. Over the period under review, imports attained the peak figure in 2021 and are expected to retain growth in the near future.
In value terms, bed linen imports rose markedly to $X in 2021. Overall, imports, however, recorded a slight decline. The growth pace was the most rapid in 2016 when imports increased by 20%. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, Turkey (X tons) constituted the largest supplier of bed linen to Finland, accounting for a 34% share of total imports. Moreover, bed linen imports from Turkey exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. Sweden (X tons) ranked third in terms of total imports with a 10% share.
From 2012 to 2021, the average annual growth rate of volume from Turkey totaled +14.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+26.5% per year) and Sweden (+6.1% per year).
In value terms, Turkey ($X), Sweden ($X) and Pakistan ($X) constituted the largest bed linen suppliers to Finland, with a combined 58% share of total imports. Germany, Portugal, India, Bangladesh, China and Estonia lagged somewhat behind, together comprising a further 31%.
Among the main suppliers, Germany, with a CAGR of +16.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2021, the average bed linen import price amounted to $X per ton, therefore, remained relatively stable against the previous year. Over the period under review, the import price continues to indicate a pronounced descent. The most prominent rate of growth was recorded in 2018 an increase of 1.7% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.
Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while the price for Bangladesh ($X per ton) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+5.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the bed linen 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 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
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