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Finland - Plaits And Similar Products Of Plaiting Materials - Market Analysis, Forecast, Size, Trends and Insights
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Finland: Plaits And Basketwork Market Overview 2021

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Plaits And Basketwork Market Size in Finland

The Finnish plaits and basketwork market soared to $X in 2020, increasing by X% against the previous year. The market value increased at an average annual rate of +X% over the period from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2008 with an increase of X% y-o-y. As a result, consumption reached the peak level of $X. From 2009 to 2020, the growth of the market failed to regain the momentum.

Plaits And Basketwork Production in Finland

In value terms, plaits and basketwork production skyrocketed to $X in 2020 estimated in export prices. Overall, production saw a prominent increase. The pace of growth appeared the most rapid in 2013 with an increase of X% y-o-y. Plaits and basketwork production peaked in 2020 and is expected to retain growth in the immediate term.

Plaits And Basketwork Exports

Exports from Finland

In 2020, the amount of plaits, basketwork, wickerwork and similar products of plaiting materials exported from Finland soared to X tonnes, jumping by X% compared with the previous year. Over the period under review, exports, however, saw a abrupt contraction. Over the period under review, exports hit record highs at X tonnes in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

In value terms, plaits and basketwork exports surged to $X in 2020. Overall, exports, however, saw a relatively flat trend pattern. Exports peaked at $X in 2008; however, from 2009 to 2020, exports failed to regain the momentum.

Exports by Country

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

From 2007 to 2020, the average annual rate of growth in terms of volume to Estonia totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-X% per year) and Latvia (-X% per year).

In value terms, the largest markets for plaits and basketwork exported from Finland were Estonia ($X), Sweden ($X) and Switzerland ($X), together comprising X% of total exports. The U.S., Latvia, Japan, Norway, Lithuania, Poland and the UK lagged somewhat behind, together accounting for a further X the main countries of destination, the UK (+X% per year) recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average plaits and basketwork export price amounted to $X per tonne, with an increase of X% against the previous year. In general, the export price posted a resilient increase. The growth pace was the most rapid in 2013 an increase of X% year-to-year. Over the period under review, average export prices hit record highs at $X per tonne in 2018; however, from 2019 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per tonne), while the average price for exports to Lithuania ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Sweden, while the prices for the other major destinations experienced more modest paces of growth.

Plaits And Basketwork Imports

Imports into Finland

Plaits and basketwork imports into Finland skyrocketed to X tonnes in 2020, jumping by X% on the year before. Overall, imports, however, recorded a perceptible shrinkage. Over the period under review, imports reached the peak figure at X tonnes in 2008; however, from 2009 to 2020, imports remained at a lower figure.

In value terms, plaits and basketwork imports shrank to $X in 2020. Over the period under review, imports, however, recorded a noticeable decline. The most prominent rate of growth was recorded in 2019 with an increase of X% y-o-y. Imports peaked at $X in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

Imports by Country

In 2020, Viet Nam (X tonnes) constituted the largest supplier of plaits and basketwork to Finland, with a X% share of total imports. Moreover, plaits and basketwork imports from Viet Nam exceeded the figures recorded by the second-largest supplier, China (X tonnes), fivefold. The third position in this ranking was occupied by Sweden (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Viet Nam totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-X% per year) and Sweden (-X% per year).

In value terms, the largest plaits and basketwork suppliers to Finland were China ($X), Viet Nam ($X) and Sweden ($X), with a combined X% share of total imports. Indonesia, Bangladesh and India lagged somewhat behind, together accounting for a further X recorded the highest rates of growth with regard to the value of imports, among 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 plaits and basketwork import price stood at $X per tonne in 2020, shrinking by -X% against the previous year. Overall, the import price showed a mild reduction. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per tonne in 2014; however, from 2015 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Indonesia ($X per tonne), while the price for Viet Nam ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by India, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for plaits, basketwork, wickerwork and similar products of plaiting materials in the world?
+
The countries with the highest volumes of plaits and basketwork consumption in 2020 were China (277K tonnes), the U.S. (147K tonnes) and India (110K tonnes), with a combined 28% share of global consumption. These countries were followed by Poland, Japan, Russia, Brazil, Indonesia, Pakistan, Mexico, Bangladesh, Germany and Nigeria, which together accounted for a further 26%.
What are the largest producers of plaits, basketwork, wickerwork and similar products of plaiting materials in the world?
+
The country with the largest volume of plaits and basketwork production was China (591K tonnes), accounting for 31% of total volume. Moreover, plaits and basketwork production in China exceeded the figures recorded by the second-largest producer, India (123K tonnes), fivefold. Poland (96K tonnes) ranked third in terms of total production with a 5% share.
What are the leading suppliers of plaits, basketwork, wickerwork and similar products of plaiting materials to Finland?
+
In value terms, the largest plaits and basketwork suppliers to Finland were China ($3.2M), Viet Nam ($2.8M) and Sweden ($477K), together accounting for 81% of total imports. These countries were followed by Indonesia, Bangladesh and India, which together accounted for a further 13%.
What are the leading importers of plaits, basketwork, wickerwork and similar products of plaiting materials from Finland?
+
In value terms, Estonia ($157K), Sweden ($112K) and Switzerland ($64K) appeared to be the largest markets for plaits and basketwork exported from Finland worldwide, with a combined 58% share of total exports. The U.S., Latvia, Japan, Norway, Lithuania, Poland and the UK lagged somewhat behind, together accounting for a further 31%.
What is the average export price for plaits, basketwork, wickerwork and similar products of plaiting materials in Finland?
+
In 2020, the average plaits and basketwork export price amounted to $16,672 per tonne, increasing by 11% against the previous year.
What is the average import price for plaits, basketwork, wickerwork and similar products of plaiting materials in Finland?
+
The average plaits and basketwork import price stood at $3,488 per tonne in 2020, reducing by -39.2% against the previous year.

Product coverage:
• Prodcom 16292500 - Manufactures of straw, of esparto or of other plaiting materials, basket ware and wickerwork

This report provides an in-depth analysis of the plaits and basketwork 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 2025.


Country coverage:
• Finland

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Finland
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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