Finland: Market for Chamois Leather and Combination Chamois Leather 2024

Market Size for Chamois Leather and Combination Chamois Leather in Finland

In 2022, the Finnish market for chamois leather and combination chamois leather increased by 344% to $X for the first time since 2016, thus ending a five-year declining trend. Overall, consumption, however, saw a pronounced decline. Consumption of peaked at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Production of Chamois Leather and Combination Chamois Leather in Finland

In value terms, production of chamois leather and combination chamois leather dropped to $X in 2022 estimated in export price. Over the period under review, production saw prominent growth. The pace of growth was the most pronounced in 2013 when the production volume increased by 72% against the previous year. Production of peaked at $X in 2015; however, from 2016 to 2022, production remained at a lower figure.

Exports of Chamois Leather and Combination Chamois Leather

Exports from Finland

After two years of growth, overseas shipments of chamois leather and combination chamois leather decreased by -5.4% to X square meters in 2022. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 326% against the previous year. The exports peaked at X square meters in 2021, and then contracted in the following year.

In value terms, exports of chamois leather and combination chamois leather contracted to $X in 2022. In general, exports, however, recorded a significant expansion. The growth pace was the most rapid in 2020 when exports increased by 256% against the previous year. Over the period under review, the exports of hit record highs at $X in 2021, and then reduced in the following year.

Exports by Country

China (X square meters) was the main destination for exports of chamois leather and combination chamois leather from Finland, accounting for a 91% share of total exports. Moreover, exports of chamois leather and combination chamois leather to China exceeded the volume sent to the second major destination, India (X square meters), tenfold.

From 2012 to 2022, the average annual growth rate of volume to China totaled +53.2%.

In value terms, China ($X) remains the key foreign market for chamois leather and combination chamois leather exports from Finland, comprising 91% of total exports. The second position in the ranking was taken by India ($X), with a 9.2% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to China stood at +48.1%.

Export Prices by Country

In 2022, the average export price for chamois leather and combination chamois leather amounted to $X per square meter, reducing by -2.1% against the previous year. Overall, the export price continues to indicate a pronounced slump. The most prominent rate of growth was recorded in 2015 an increase of 43% against the previous year. As a result, the export price reached the peak level of $X per square meter. From 2016 to 2022, the average export prices failed to regain momentum.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per square meter), while the average price for exports to China totaled $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+445.5%), while the prices for the other major destinations experienced a decline.

Imports of Chamois Leather and Combination Chamois Leather

Imports into Finland

In 2022, after two years of growth, there was significant decline in supplies from abroad of chamois leather and combination chamois leather, when their volume decreased by -27.4% to X square meters. Over the period under review, imports, however, recorded significant growth. The growth pace was the most rapid in 2020 with an increase of 198% against the previous year. Over the period under review, imports of reached the maximum at X square meters in 2021, and then shrank significantly in the following year.

In value terms, imports of chamois leather and combination chamois leather fell notably to $X in 2022. In general, imports, however, continue to indicate a prominent expansion. The growth pace was the most rapid in 2020 with an increase of 173%. Over the period under review, imports of hit record highs at $X in 2021, and then fell markedly in the following year.

Imports by Country

In 2022, Italy (X square meters) was the main chamois leather and combination chamois leather supplier to Finland, with a 98% share of total imports. It was followed by the Netherlands (X square meters), with a 0.5% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Italy totaled +27.6%.

In value terms, Italy ($X) constituted the largest supplier of chamois leather and combination chamois leather to Finland, comprising 94% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 0.6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy amounted to +25.9%.

Import Prices by Country

The average import price for chamois leather and combination chamois leather stood at $X per square meter in 2022, almost unchanged from the previous year. Over the period under review, the import price recorded a perceptible decline. The most prominent rate of growth was recorded in 2016 an increase of 8.8%. Over the period under review, average import prices attained the peak figure at $X per square meter in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per square meter), while the price for Italy stood at $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.0%).

Source: IndexBox Platform

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