Finland: Sleeping Bag Market 2024

Sleeping Bag Market Size in Finland

The Finnish sleeping bag market reduced slightly to $X in 2022, waning by X% against the previous year. In general, consumption, however, recorded a resilient increase. As a result, consumption attained the peak level of $X, and then contracted in the following year.

Sleeping Bag Production in Finland

In value terms, sleeping bag production reduced modestly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt decline. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a lower figure.

Sleeping Bag Exports

Exports from Finland

In 2022, overseas shipments of sleeping bags increased by X% to X units, rising for the second consecutive year after three years of decline. Overall, exports showed significant growth. The pace of growth appeared the most rapid in 2015 with an increase of X% against the previous year. The exports peaked at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, sleeping bag exports surged to $X in 2022. Over the period under review, exports posted a significant increase. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Sweden (X units) was the main destination for sleeping bag exports from Finland, accounting for a X% share of total exports. Moreover, sleeping bag exports to Sweden exceeded the volume sent to the second major destination, Estonia (X units), twofold. The third position in this ranking was taken by Latvia (X units), with an X% share.

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

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

From 2012 to 2022, the average annual growth rate of value to Sweden amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (X% per year) and Estonia (X% per year).

Export Prices by Country

The average sleeping bag export price stood at $X per unit in 2022, growing by X% against the previous year. Overall, the export price posted a strong increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by X% against the previous year. The export price peaked in 2022 and is expected to retain growth in the immediate term.

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

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

Sleeping Bag Imports

Imports into Finland

In 2022, the amount of sleeping bags imported into Finland shrank to X units, waning by X% compared with 2021. Over the period under review, imports, however, enjoyed a strong increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of X units, and then dropped in the following year.

In value terms, sleeping bag imports shrank to $X in 2022. Overall, imports, however, continue to indicate a buoyant expansion. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then fell modestly in the following year.

Imports by Country

Italy (X units), China (X units) and Sweden (X units) were the main suppliers of sleeping bag imports to Finland, with a combined X% share of total imports. The Netherlands, Bangladesh, Austria, the Czech Republic, Turkey and Germany lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Bangladesh (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sleeping bag suppliers to Finland were Italy ($X), Sweden ($X) and China ($X), with a combined X% share of total imports. Austria, the Netherlands, Germany, the Czech Republic, Bangladesh and Turkey lagged somewhat behind, together comprising a further X%.

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

Import Prices by Country

The average sleeping bag import price stood at $X per unit in 2022, rising by X% against the previous year. Overall, the import price continues to indicate a resilient expansion. The pace of growth appeared the most rapid in 2018 an increase of X%. The import price peaked in 2022 and is likely to see gradual growth in the immediate term.

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

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

Source: IndexBox Platform

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