Finland: Overview of the Market for Woven Pile Fabrics And Chenille Fabrics 2019

Market Size for Woven Pile Fabrics And Chenille Fabrics in Finland

The revenue of the pile and chenille fabric market in Finland amounted to $X in 2018, jumping by X% against the previous year. In general, pile and chenille fabric consumption continues to indicate an abrupt downturn. The pace of growth was the most pronounced in 2011 with an increase of X% y-o-y. Finland pile and chenille fabric consumption peaked at $X in 2008; however, from 2009 to 2018, consumption failed to regain its momentum.

Production of Woven Pile Fabrics And Chenille Fabrics in Finland

In value terms, pile and chenille fabric production totaled $X in 2018 estimated in export prices. In general, pile and chenille fabric production continues to indicate a drastic slump. The pace of growth appeared the most rapid in 2011 with an increase of X% y-o-y. Over the period under review, pile and chenille fabric production attained its peak figure level at $X in 2007; however, from 2008 to 2018, production remained at a lower figure.

Exports of Woven Pile Fabrics And Chenille Fabrics

Exports from Finland

Pile and chenille fabric exports from Finland totaled X tonnes in 2018, declining by -X% against the previous year. Over the period under review, pile and chenille fabric exports continue to indicate a slight downturn. The most prominent rate of growth was recorded in 2016 when exports increased by X% year-to-year. Over the period under review, pile and chenille fabric exports reached their peak figure at X tonnes in 2011; however, from 2012 to 2018, exports stood at a somewhat lower figure.

In value terms, pile and chenille fabric exports totaled $X in 2018. Overall, the total exports indicated a strong expansion from 2007 to 2018: its value decreased at an average annual rate of -X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, pile and chenille fabric exports increased by +X% against 2015 indices. The pace of growth was the most pronounced in 2010 with an increase of X% year-to-year. Over the period under review, pile and chenille fabric exports reached their peak figure at $X in 2011; however, from 2012 to 2018, exports remained at a lower figure.

Exports by Country

China prevails in pile and chenille fabric exports structure, accounting for X tonnes, which was near X% of total exports in 2018. Turkey (X tonnes) held the second position in the ranking, followed by Germany (X tonnes). All these countries together occupied near X% share of total exports. Belgium (X tonnes), Spain (X tonnes), the UK (X tonnes), South Korea (X tonnes), Portugal (X tonnes) and Italy (X tonnes) followed a long way behind the leaders.

Exports from China increased at an average annual rate of +X% from 2007 to 2018. At the same time, the UK (+X%), Germany (+X%) and Spain (+X%) displayed positive paces of growth. Moreover, the UK emerged as the fastest-growing exporter in the world, with a CAGR of +X% from 2007-2018. South Korea experienced a relatively flat trend pattern. By contrast, Belgium (-X%), Turkey (-X%), Italy (-X%) and Portugal (-X%) illustrated a downward trend over the same period. From 2007 to 2018, the share of China increased by +X% percentage points, while Italy (-X p.p.), Portugal (-X p.p.), Belgium (-X p.p.) and Turkey (-X p.p.) saw their share reduced. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest pile and chenille fabric supplier from Finland, comprising X% of global exports. The second position in the ranking was occupied by Turkey ($X), with a X% share of global exports. It was followed by South Korea, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in China totaled -X%. In the other countries, the average annual rates were as follows: Turkey (-X% per year) and South Korea (+X% per year).

Export Prices by Country

In 2018, the pile and chenille fabric export price in Finland amounted to $X per tonne, growing by X% against the previous year. In general, the export price indicated strong growth from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, pile and chenille fabric export price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Finland export price peaked in 2018 and is expected to retain its growth in the immediate term.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by South Korea, while the other leaders experienced more modest paces of growth.

Imports of Woven Pile Fabrics And Chenille Fabrics

Imports into Finland

In 2018, approx. X tonnes of woven pile fabrics and chenille fabrics were imported into Finland; dropping by -X% against the previous year. In general, pile and chenille fabric imports continue to indicate a deep curtailment. The most prominent rate of growth was recorded in 2008 with an increase of X% year-to-year. In that year, pile and chenille fabric imports reached their peak of X tonnes. From 2009 to 2018, the growth of pile and chenille fabric imports remained at a lower figure.

In value terms, pile and chenille fabric imports stood at $X in 2018. In general, pile and chenille fabric imports continue to indicate an abrupt descent. The pace of growth appeared the most rapid in 2008 when imports increased by X% y-o-y. In that year, pile and chenille fabric imports reached their peak of $X. From 2009 to 2018, the growth of pile and chenille fabric imports remained at a lower figure.

Imports by Country

The United Arab Emirates (X tonnes), the U.S. (X tonnes), the UK (X tonnes), Iran (X tonnes), Poland (X tonnes), Russia (X tonnes), the Czech Republic (X tonnes), Bangladesh (X tonnes), Saudi Arabia (X tonnes), Germany (X tonnes), China, Hong Kong SAR (X tonnes) and Morocco (X tonnes) represented roughly X% of total imports of woven pile fabrics and chenille fabrics in 2018.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Iran, while the other leaders experienced more modest paces of growth.

In value terms, the largest pile and chenille fabric importing markets into Finland were the United Arab Emirates ($X), the UK ($X) and the U.S. ($X), with a combined X% share of total imports. These countries were followed by Poland, the Czech Republic, Germany, Bangladesh, Iran, Saudi Arabia, Russia, China, Hong Kong SAR, Morocco and Finland, which together accounted for a further X the main importing countries, the Czech Republic experienced the highest rates of growth with regard to imports, over the last eleven-year period, while the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the pile and chenille fabric import price in Finland amounted to $X per tonne, increasing by X% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017 an increase of X% year-to-year. Finland import price peaked in 2018 and is likely to see steady growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was Germany ($X per tonne), while Iran ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Czech Republic, while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox AI Platform