Finland: Raw Silk Market Overview 2020

Raw Silk Market Size in Finland

The revenue of the raw silk market in Finland amounted to $X in 2017, declining by -X% against the previous year. In general, raw silk consumption continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2010, when market value increased by X% against the previous year. Over the period under review, the raw silk market attained its peak figure level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Raw Silk Production in Finland

In 2017, production of raw silk in Finland stood at X tonnes, approximately equating the previous year. Overall, raw silk production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2012, with an increase of X% against the previous year. Over the period under review, the raw silk production reached its peak figure volume in 2017, and is expected to retain its growth in the near future.

Raw Silk Exports from Finland

In 2017, approx. X kg of raw silk were exported from Finland; reducing by -X% against the previous year. In general, raw silk exports continue to indicate a sharp downturn. The pace of growth was the most pronounced in 2014, when it surged by X% against the previous year. The exports peaked of X tonnes in 2010; however, from 2011 to 2017, it failed to regain its momentum.

In value terms, raw silk exports totaled $X in 2017. In general, raw silk exports continue to indicate a precipitous setback. Over the period under review, the raw silk exports reached its peak figure level of $X in 2011; however, from 2012 to 2017, it stood at a somewhat lower level.

Raw Silk Exports by Country from Finland

Denmark (X kg) was the main destination of raw silk exports from Finland, accounting for approx. X% share of total exports.

From 2007 to 2017, the average annual rate of growth in terms of volume to Denmark totaled -X%.

In value terms, Denmark ($X) also remains the key foreign market for raw silk exports from Finland.

From 2007 to 2017, the average annual rate of growth in terms of value to Denmark stood at +X%.

Raw Silk Export Prices by Country in Finland

In 2017, the average raw silk export price amounted to $X per kg, jumping by X% against the previous year. Overall, raw silk export price continues to indicate a mild setback. The most prominent rate of growth was recorded in 2011, when the average export prices increased by X% year-to-year. The export price peaked of $X per kg in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

As there is only one major export destination, the average price level is determined by export prices for Denmark.

From 2007 to 2017, the most notable rate of growth in terms of export prices was recorded for supplies to Denmark (+X% per year).

Raw Silk Imports into Finland

Raw silk imports into Finland stood at X kg in 2017, shrinking by -X% against the previous year. Overall, raw silk imports continue to indicate a drastic curtailment. The pace of growth appeared the most rapid in 2010, when imports increased by X% y-o-y. The imports peaked of X kg in 2008; however, from 2009 to 2017, it stood at a somewhat lower level.

In value terms, raw silk imports stood at $X in 2017. In general, raw silk imports continue to indicate a drastic drop. The imports peaked of $X in 2011; however, from 2012 to 2017, it failed to regain its momentum.

Raw Silk Imports by Country into Finland

In 2017, Italy (X kg) was the main raw silk supplier to Finland, with a X% share of total imports. Moreover, raw silk imports from Italy exceeded the figures recorded by the second largest supplier, Australia (X kg), eightfold. The U.S. (X kg) ranked third in terms of total imports with a X% share.

From 2007 to 2017, the average annual rate of growth in terms of volume from Italy stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (-X% per year) and the U.S. (-X% per year).

In value terms, Italy ($X) constituted the largest supplier of raw silk to Finland, making up X% of total raw silk imports. The second position in the ranking was occupied by Australia ($X), with a X% share of total imports. It was followed by the U.S., with a X% share.

From 2007 to 2017, the average annual growth rate of value from Italy stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (-X% per year) and the U.S. (-X% per year).

Raw Silk Import Prices by Country in Finland

In 2017, the average raw silk import price amounted to $X per kg, coming up by X% against the previous year. In general, the import price indicated a temperate expansion from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the raw silk import price decreased by -X% against 2013 indices. The most prominent rate of growth was recorded in 2011, when the average import prices increased by X% against the previous year. Over the period under review, the average import prices for raw silk attained its maximum level of $X per kg in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Import prices varied noticeably by the country of destination; the country with the highest import price was the U.S. ($X per kg), while prices for raw silk imports from India ($X per kg) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Denmark (+X% per year), the import prices for other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform