Finland: Table Linen Market 2024

Table Linen Market Size in Finland

In 2022, the Finnish table linen market increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, the total consumption indicated a slight expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market attained the maximum level in 2022 and is likely to see gradual growth in the immediate term.

Table Linen Production in Finland

In value terms, table linen production declined dramatically to $X in 2022 estimated in export price. In general, production, however, saw a prominent increase. The most prominent rate of growth was recorded in 2018 with an increase of X%. Table linen production peaked at $X in 2021, and then fell remarkably in the following year.

Table Linen Exports

Exports from Finland

In 2022, shipments abroad of table linen, knitted or crocheted increased by X% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, exports, however, showed a pronounced curtailment. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, table linen exports dropped modestly to $X in 2022. Overall, exports, however, recorded a perceptible decline. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Estonia (X tons) was the main destination for table linen exports from Finland, accounting for a X% share of total exports. Moreover, table linen exports to Estonia exceeded the volume sent to the second major destination, Latvia (X tons), fourfold. Sweden (X tons) ranked third in terms of total exports with an X% share.

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

In value terms, the largest markets for table linen exported from Finland were Estonia ($X), Japan ($X) and Germany ($X), together accounting for X% of total exports. Sweden, the United States, Latvia, Switzerland, Australia, Russia, Poland, Lithuania, Taiwan (Chinese) and Norway lagged somewhat behind, together accounting for a further X%.

Taiwan (Chinese), with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average table linen export price stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the export price showed a slight shrinkage. The growth pace was the most rapid in 2019 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a lower figure.

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

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

Table Linen Imports

Imports into Finland

In 2022, purchases abroad of table linen, knitted or crocheted increased by X% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, imports, however, recorded a slight downturn. The growth pace was the most rapid in 2020 when imports increased by X%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, table linen imports skyrocketed to $X in 2022. Overall, imports, however, showed a mild shrinkage. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Sweden (X tons), India (X tons) and China (X tons) were the main suppliers of table linen imports to Finland, with a combined X% share of total imports. Lithuania, Germany, Denmark, Poland and Latvia lagged somewhat behind, together comprising a further X%.

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

In value terms, Sweden ($X), Lithuania ($X) and India ($X) appeared to be the largest table linen suppliers to Finland, together comprising X% of total imports. Germany, China, Denmark, Poland and Latvia lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Denmark, with a CAGR of X%, recorded 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

In 2022, the average table linen import price amounted to $X per ton, with an increase of X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2022, the average import prices failed to regain momentum.

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

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

Source: IndexBox Platform