Finland: T-Shirt Market Overview 2020

T-Shirt Market Size in Finland

The revenue of the t-shirt market in Finland amounted to $X in 2018, shrinking by -X% against the previous year. Over the period under review, t-shirt consumption, however, continues to indicate a perceptible deduction. The growth pace was the most rapid in 2016 when the market value increased by X% against the previous year. Over the period under review, the t-shirt market attained its maximum level at $X in 2008; however, from 2009 to 2018, consumption remained at a lower figure.

T-Shirt Production in Finland

In value terms, t-shirt production amounted to $X in 2018 estimated in export prices. Over the period under review, t-shirt production, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2011 when production volume decreased by -X% year-to-year. T-shirt production peaked at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

T-Shirt Exports

Exports from Finland

T-shirt exports from Finland totaled X tonnes in 2018, dropping by -X% against the previous year. Overall, t-shirt exports continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. Exports peaked at X tonnes in 2013; however, from 2014 to 2018, exports stood at a somewhat lower figure.

In value terms, t-shirt exports totaled $X in 2018. Overall, t-shirt exports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, t-shirt exports reached their peak figure at $X in 2013; however, from 2014 to 2018, exports remained at a lower figure.

Exports by Country

Russia (X tonnes), Sweden (X tonnes) and Estonia (X tonnes) were the main destinations of t-shirt exports from Finland, together accounting for X% of total exports. These countries were followed by Germany, Denmark, Japan, France, Latvia, the Netherlands, the U.S., Poland and Ukraine, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Japan, while the other leaders experienced more modest paces of growth.

In value terms, Russia ($X), Estonia ($X) and Sweden ($X) constituted the largest markets for t-shirt exported from Finland worldwide, together accounting for X% of total exports. These countries were followed by Germany, Denmark, France, Latvia, the Netherlands, Japan, the U.S., Poland and Ukraine, which together accounted for a further X experienced the highest rates of growth with regard to exports, among the main countries of destination over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the average t-shirt export price amounted to $X per tonne, declining by -X% against the previous year. Overall, the t-shirt export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average export price increased by X% y-o-y. The export price peaked at $X per tonne in 2017, and then declined slightly in the following year.

Prices varied noticeably by the country of destination; the country with the highest price was the Netherlands ($X per tonne), while the average price for exports to Japan ($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 Netherlands, while the prices for the other major destinations experienced more modest paces of growth.

T-Shirt Imports

Imports into Finland

In 2018, approx. X tonnes of t-shirts were imported into Finland; remaining constant against the previous year. In general, t-shirt imports continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2010 when imports increased by X% year-to-year. Imports peaked at X tonnes in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

In value terms, t-shirt imports amounted to $X in 2018. Over the period under review, t-shirt imports continue to indicate a moderate shrinkage. The growth pace was the most rapid in 2011 when imports increased by X% year-to-year. In that year, t-shirt imports attained their peak of $X. From 2012 to 2018, the growth of t-shirt imports remained at a somewhat lower figure.

Imports by Country

Bangladesh (X tonnes), Sweden (X tonnes) and China (X tonnes) were the main suppliers of t-shirt imports to Finland, together accounting for X% of total imports. These countries were followed by Germany, Denmark, India, Poland, Turkey, Viet Nam, Portugal, Belgium and Morocco, which together accounted for a further X 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by Viet Nam, while the other leaders experienced more modest paces of growth.

In value terms, the largest t-shirt suppliers to Finland were Sweden ($X), Bangladesh ($X) and China ($X), together comprising X% of total imports. These countries were followed by Germany, Denmark, India, Poland, Portugal, Belgium, Turkey, Morocco and Viet Nam, which together accounted for a further X recorded the highest rates of growth with regard to imports, among the main suppliers over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average t-shirt import price amounted to $X per tonne, surging by X% against the previous year. Overall, the t-shirt import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% y-o-y. Over the period under review, the average import prices for t-shirts attained their peak figure at $X per tonne in 2011; however, from 2012 to 2018, import prices failed to regain their momentum.

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

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

Source: IndexBox AI Platform