Finland: Plaits And Basketwork Market Overview 2020

Plaits And Basketwork Market Size in Finland

The revenue of the plaits and basketwork market in Finland amounted to $X in 2018, increasing by X% against the previous year. Over the period under review, the total market indicated temperate growth from 2007 to 2018: its value decreased 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, plaits and basketwork consumption increased by +X% against 2014 indices. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. Plaits and basketwork consumption peaked in 2018 and is expected to retain its growth in the immediate term.

Plaits And Basketwork Production in Finland

In value terms, plaits and basketwork production amounted to $X in 2018 estimated in export prices. Over the period under review, plaits and basketwork production continues to indicate a skyrocketing expansion. The pace of growth was the most pronounced in 2018 with an increase of X% year-to-year. In that year, plaits and basketwork production reached its peak level and is likely to continue its growth in the immediate term.

Plaits And Basketwork Exports

Exports from Finland

In 2018, the amount of plaits, basketwork, wickerwork and similar products of plaiting materials exported from Finland stood at X tonnes, waning by -X% against the previous year. Overall, plaits and basketwork exports continue to indicate a drastic shrinkage. The pace of growth was the most pronounced in 2014 when exports increased by X% year-to-year. Over the period under review, plaits and basketwork exports attained their maximum at X tonnes in 2007; however, from 2008 to 2018, exports stood at a somewhat lower figure.

In value terms, plaits and basketwork exports stood at $X in 2018. Over the period under review, plaits and basketwork exports continue to indicate a drastic deduction. The pace of growth appeared the most rapid in 2014 when exports increased by X% against the previous year. Exports peaked at $X in 2008; however, from 2009 to 2018, exports remained at a lower figure.

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, the U.S. (X tonnes), threefold. The third position in this ranking was occupied by the United Arab Emirates (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume to Estonia amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the U.S. (+X% per year) and the United Arab Emirates (+X% per year).

In value terms, Estonia ($X) remains the key foreign market for plaits and basketwork exports from Finland, comprising X% of total plaits and basketwork exports. The second position in the ranking was occupied by Sweden ($X), with a X% share of total exports. It was followed by Russia, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to Estonia totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+X% per year) and Russia (-X% per year).

Export Prices by Country

The average plaits and basketwork export price stood at $X per tonne in 2018, rising by X% against the previous year. In general, the plaits and basketwork export price continues to indicate a remarkable expansion. The pace of growth appeared the most rapid in 2013 an increase of X% year-to-year. The export price peaked in 2018 and is expected to retain its growth in the near future.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates, while the prices for the other major destinations experienced more modest paces of growth.

Plaits And Basketwork Imports

Imports into Finland

In 2018, the imports of plaits, basketwork, wickerwork and similar products of plaiting materials into Finland totaled X tonnes, going up by X% against the previous year. Over the period under review, plaits and basketwork imports, however, continue to indicate an abrupt drop. The most prominent rate of growth was recorded in 2018 when imports increased by X% y-o-y. Over the period under review, plaits and basketwork imports attained their peak figure at X tonnes in 2008; however, from 2009 to 2018, imports stood at a somewhat lower figure.

In value terms, plaits and basketwork imports amounted to $X in 2018. Overall, plaits and basketwork imports, however, continue to indicate a drastic decrease. The most prominent rate of growth was recorded in 2008 when imports increased by X% year-to-year. In that year, plaits and basketwork imports reached their peak of $X. From 2009 to 2018, the growth of plaits and basketwork imports remained at a lower figure.

Imports by Country

China (X tonnes), Sweden (X tonnes) and Viet Nam (X tonnes) were the main suppliers of plaits and basketwork imports to Finland, together accounting for X% of total imports. The Netherlands, Germany, Indonesia and Denmark lagged somewhat behind, together comprising a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

In value terms, the largest plaits and basketwork suppliers to Finland were China ($X), Sweden ($X) and Viet Nam ($X), with a combined X% share of total imports. These countries were followed by Indonesia, Germany, Denmark and the Netherlands, which together accounted for a further X terms of the main suppliers, Denmark experienced the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced mixed trend patterns.

Import Prices by Country

The average plaits and basketwork import price stood at $X per tonne in 2018, coming down 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 2013 when the average import price increased by X% year-to-year. Over the period under review, the average import prices for plaits, basketwork, wickerwork and similar products of plaiting materials attained their peak figure at $X per tonne in 2017, and then declined slightly in the following year.

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

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

Source: IndexBox AI Platform