
Finland - Wadding of Textile Materials and Articles Thereof - Market Analysis, Forecast, Size, Trends and Insights
Finland: Textile Wadding Market 2023
Textile Wadding Market Size in Finland
The Finnish textile wadding market reduced to $X in 2022, dropping by -8.7% against the previous year. In general, consumption showed a perceptible curtailment. Textile wadding consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.
Textile Wadding Production in Finland
In value terms, textile wadding production skyrocketed to $X in 2022 estimated in export price. In general, production showed a abrupt shrinkage. Textile wadding production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.
Textile Wadding Exports
Export Prices by Country
In 2022, the average textile wadding export price amounted to $X per ton, declining by -23.6% against the previous year. In general, the export price, however, continues to indicate a strong increase. The most prominent rate of growth was recorded in 2019 an increase of 29% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2021, and then dropped notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Pakistan ($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 Russia (+10.1%), while the prices for the other major destinations experienced more modest paces of growth.
Textile Wadding Imports
Imports into Finland
In 2022, overseas purchases of wadding of textile materials and articles thereof increased by 0.6% to X tons, rising for the fourth year in a row after three years of decline. Over the period under review, total imports indicated perceptible growth from 2012 to 2022: its volume increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +80.5% against 2018 indices. The most prominent rate of growth was recorded in 2019 when imports increased by 35% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in years to come.
In value terms, textile wadding imports totaled $X in 2022. Overall, total imports indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +66.3% against 2018 indices. The pace of growth was the most pronounced in 2019 when imports increased by 24% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in the immediate term.
Imports by Country
France (X tons), the UK (X tons) and Greece (X tons) were the main suppliers of textile wadding imports to Finland, together comprising 41% of total imports. Germany, Japan, Sweden, Estonia, India, Bulgaria, China, Poland and the Netherlands lagged somewhat behind, together comprising a further 53%.
From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by India (with a CAGR of +772.9%), while imports for the other leaders experienced more modest paces of growth.
In value terms, the UK ($X), France ($X) and Japan ($X) appeared to be the largest textile wadding suppliers to Finland, together comprising 39% of total imports. Germany, Greece, Sweden, Estonia, China, India, Bulgaria, Poland and the Netherlands lagged somewhat behind, together comprising a further 49%.
Among the main suppliers, India, with a CAGR of +683.3%, 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
The average textile wadding import price stood at $X per ton in 2022, stabilizing at the previous year. Overall, the import price recorded a noticeable contraction. The most prominent rate of growth was recorded in 2018 when the average import price increased by 13%. Over the period under review, average import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for France ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+1.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Source: IndexBox Platform
Base Year | Historical Period | Forecast Period | Units |
---|---|---|---|
2022 | 2012-2022 | 2023-2030 | US$, Tons |
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the textile wadding market in Finland. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Making Data-Driven Decisions to Grow Your Business
A Quick Overview of Market Performance
Understanding the Current State of The Market and Its Prospects
Finding New Products to Diversify Your Business
Choosing the Best Countries to Establish Your Sustainable Supply Chain
Choosing the Best Countries to Boost Your Exports
The Latest Trends and Insights into The Industry
The Largest Import Supplying Countries
The Largest Destinations for Exports
The Largest Producers on The Market and Their Profiles
Recommended reports
This report provides an in-depth analysis of the textile wadding market in the U.S..
This report provides an in-depth analysis of the textile wadding market in China.
This report provides an in-depth analysis of the global textile wadding market.
This report provides an in-depth analysis of the textile wadding market in the EU.
This report provides an in-depth analysis of the textile wadding market in Asia.
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, February 22nd, 2022 @ 04:00 pm ET
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, February 8th, 2022 @ 04:00 pm ET
Join us in our latest webinar series to get insights from industry experts and engage in a productive discussion!
Tuesday, January 25th, 2022 @ 04:00 pm ET