Finland: Carpet Market Overview 2020

Carpet Market Size in Finland

The revenue of the carpet market in Finland amounted to $X in 2018, jumping by X% against the previous year. Over the period under review, carpet consumption, however, continues to indicate a drastic deduction. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Finland carpet consumption peaked at $X in 2008; however, from 2009 to 2018, consumption remained at a lower figure.

Carpet Production in Finland

In value terms, carpet production amounted to $X in 2018 estimated in export prices. Overall, carpet production continues to indicate an abrupt decrease. The most prominent rate of growth was recorded in 2010 with an increase of X% year-to-year. In that year, carpet production reached its peak level of $X. From 2011 to 2018, carpet production growth remained at a somewhat lower figure.

Carpet Exports

Exports from Finland

Carpet exports from Finland stood at X tonnes in 2018, falling by -X% against the previous year. Overall, the total exports indicated mild growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, carpet exports increased by +X% against 2011 indices. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. Over the period under review, carpet exports reached their peak figure at X tonnes in 2017, and then declined slightly in the following year.

In value terms, carpet exports totaled $X in 2018. In general, carpet exports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when exports increased by X% y-o-y. Over the period under review, carpet exports reached their peak figure at $X in 2017, and then declined slightly in the following year.

Exports by Country

In 2018, Turkey (X tonnes), distantly followed by China (X tonnes), Belgium (X tonnes), the Netherlands (X tonnes), India (X tonnes) and the U.S. (X tonnes) were the main exporters of carpets and other textile floor coverings, together constituting X% of total exports. The following exporters - Germany (X tonnes) and the UK (X tonnes) - each reached a X% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Turkey, while the other leaders experienced more modest paces of growth.

In value terms, the largest carpet markets from Finland were Turkey ($X), China ($X) and Belgium ($X), with a combined X% share of total exports.

Turkey recorded the highest rates of growth with regard to exports, in terms of the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the carpet export price in Finland amounted to $X per tonne, falling by -X% against the previous year. Over the period under review, the carpet export price continues to indicate a mild curtailment. The pace of growth was the most pronounced in 2012 when the export price increased by X% against the previous year. Over the period under review, the export prices for carpets and other textile floor coverings reached their maximum at $X per tonne in 2014; however, from 2015 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per tonne), while Turkey ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the other leaders experienced more modest paces of growth.

Carpet Imports

Imports into Finland

In 2018, the amount of carpets and other textile floor coverings imported into Finland totaled X tonnes, growing by X% against the previous year. In general, carpet imports, however, continue to indicate a measured setback. The most prominent rate of growth was recorded in 2010 with an increase of X% against the previous year. Finland imports peaked at X tonnes in 2008; however, from 2009 to 2018, imports remained at a lower figure.

In value terms, carpet imports amounted to $X in 2018. The total import value increased at an average annual rate of +X% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2018 with an increase of X% year-to-year. In that year, carpet imports reached their peak and are likely to continue its growth in the immediate term.

Imports by Country

In 2018, the U.S. (X tonnes), distantly followed by the UK (X tonnes), Germany (X tonnes), Canada (X tonnes) and Saudi Arabia (X tonnes) represented the largest importers of carpets and other textile floor coverings, together achieving X% of total imports. The Netherlands (X tonnes), Belgium (X tonnes), Iraq (X tonnes), France (X tonnes), Australia (X tonnes), Japan (X tonnes) and Poland (X tonnes) followed a long way behind the leaders.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Saudi Arabia, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported carpets and other textile floor coverings into Finland, comprising X% of global imports. The second position in the ranking was occupied by the UK ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual growth rate of value in the U.S. stood at +X%. In the other countries, the average annual rates were as follows: the UK (-X% per year) and Germany (-X% per year).

Import Prices by Country

In 2018, the carpet import price in Finland amounted to $X per tonne, jumping by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2009 an increase of X% year-to-year. Over the period under review, the import prices for carpets and other textile floor coverings reached their peak figure at $X per tonne in 2013; however, from 2014 to 2018, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Japan ($X per tonne), while Iraq ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Australia, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform