Finland: Market for Footwear with Uppers of Textile Materials 2024

Market Size for Footwear with Uppers of Textile Materials in Finland

In 2022, the Finnish market for footwear with uppers of textile materials increased by X% to $X, rising for the second consecutive year after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations in certain years. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Footwear with Uppers of Textile Materials in Finland

In value terms, production of footwear with uppers of textile materials reduced markedly to $X in 2022 estimated in export price. In general, production, however, recorded a pronounced contraction. The growth pace was the most rapid in 2017 when the production volume increased by X% against the previous year. Production of peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Exports of Footwear with Uppers of Textile Materials

Exports from Finland

In 2022, approx. X pairs of footwear with uppers of textile materials were exported from Finland; increasing by X% compared with 2021. In general, total exports indicated a resilient increase from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, exports of footwear with uppers of textile materials reduced to $X in 2022. Overall, exports continue to indicate resilient growth. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

Sweden (X pairs) was the main destination for exports of footwear with uppers of textile materials from Finland, accounting for a X% share of total exports. Moreover, exports of footwear with uppers of textile materials to Sweden exceeded the volume sent to the second major destination, Austria (X pairs), threefold. The third position in this ranking was held by Estonia (X pairs), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Austria (X% per year) and Estonia (X% per year).

In value terms, Sweden ($X) remains the key foreign market for footwear with uppers of textile materials exports from Finland, comprising X% of total exports. The second position in the ranking was taken by Norway ($X), with a X% share of total exports. It was followed by Austria, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Sweden stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (X% per year) and Austria (X% per year).

Export Prices by Country

In 2022, the average export price for footwear with uppers of textile materials amounted to $X per pair, with a decrease of X% against the previous year. Overall, export price indicated a noticeable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for footwear with uppers of textile materials decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per pair in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per pair), while the average price for exports to Poland ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Footwear with Uppers of Textile Materials

Imports into Finland

After four years of decline, supplies from abroad of footwear with uppers of textile materials increased by X% to X pairs in 2022. In general, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of X pairs. From 2014 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of footwear with uppers of textile materials skyrocketed to $X in 2022. Overall, total imports indicated strong growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X pairs) constituted the largest footwear with uppers of textile materials supplier to Finland, with a X% share of total imports. Moreover, imports of footwear with uppers of textile materials from China exceeded the figures recorded by the second-largest supplier, Sweden (X pairs), fourfold. The third position in this ranking was taken by Germany (X pairs), with a X% share.

From 2012 to 2022, 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 Germany (X% per year).

In value terms, the largest footwear with uppers of textile materials suppliers to Finland were China ($X), Sweden ($X) and Denmark ($X), with a combined X% share of total imports. Germany, the Netherlands, Poland, Vietnam, Belgium and Turkey lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for footwear with uppers of textile materials stood at $X per pair in 2022, jumping by X% against the previous year. Over the period under review, import price indicated a strong expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for footwear with uppers of textile materials increased by X% against 2017 indices. The growth pace was the most rapid in 2018 an increase of X%. The import price peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Vietnam ($X per pair), while the price for Turkey ($X per pair) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :