Finland: Overview of the Market for Woven Pile Fabrics And Chenille Fabrics 2021

Market Size for Woven Pile Fabrics And Chenille Fabrics in Finland

The Finnish pile and chenille fabric market contracted significantly to $X in 2020, with a decrease of -X% against the previous year. Over the period under review, consumption saw a abrupt setback. The pace of growth appeared the most rapid in 2018 with an increase of X% y-o-y. Over the period under review, the market attained the peak level at $X in 2008; however, from 2009 to 2020, consumption stood at a somewhat lower figure.

Production of Woven Pile Fabrics And Chenille Fabrics in Finland

In value terms, pile and chenille fabric production dropped to $X in 2020 estimated in export prices. Overall, production recorded a abrupt contraction. The pace of growth was the most pronounced in 2018 when the production volume increased by X% year-to-year. Over the period under review, production attained the peak level at $X in 2007; however, from 2008 to 2020, production stood at a somewhat lower figure.

Exports of Woven Pile Fabrics And Chenille Fabrics

Exports from Finland

In 2020, the amount of woven pile fabrics and chenille fabrics exported from Finland shrank rapidly to X tonnes, with a decrease of -X% compared with 2019. In general, exports continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2011 with an increase of X% against the previous year. As a result, exports reached the peak of X tonnes. From 2012 to 2020, the growth exports failed to regain the momentum.

In value terms, pile and chenille fabric exports shrank to $X in 2020. Overall, exports saw a mild decrease. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. Exports peaked at $X in 2011; however, from 2012 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Estonia (X tonnes) was the main destination for pile and chenille fabric exports from Finland, accounting for a X% share of total exports. Moreover, pile and chenille fabric exports to Estonia exceeded the volume sent to the second major destination, Russia (X tonnes), sevenfold.

From 2007 to 2020, the average annual growth rate of volume to Estonia stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-X% per year) and Belgium (+X% per year).

In value terms, Estonia ($X) remains the key foreign market for pile and chenille fabric exports from Finland, comprising X% of total exports. The second position in the ranking was occupied by Russia ($X), with a X% share of total exports.

From 2007 to 2020, the average annual growth rate of value to Estonia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Russia (-X% per year) and Belgium (+X% per year).

Export Prices by Country

The average pile and chenille fabric export price stood at $X per tonne in 2020, increasing by X% against the previous year. Over the period under review, export price indicated a modest expansion from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2017 an increase of X% against the previous year. The export price peaked in 2020 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Estonia ($X per tonne), while the average price for exports to Belgium ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Estonia, while the prices for the other major destinations experienced a decline.

Imports of Woven Pile Fabrics And Chenille Fabrics

Imports into Finland

In 2020, the amount of woven pile fabrics and chenille fabrics imported into Finland declined markedly to X tonnes, waning by -X% on the previous year's figure. In general, imports continue to indicate a abrupt decrease. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Imports peaked at X tonnes in 2007; however, from 2008 to 2020, imports failed to regain the momentum.

In value terms, pile and chenille fabric imports plummeted to $X in 2020. Overall, imports faced a abrupt shrinkage. The growth pace was the most rapid in 2018 with an increase of X% year-to-year. Over the period under review, imports hit record highs at $X in 2008; however, from 2009 to 2020, imports remained at a lower figure.

Imports by Country

Spain (X tonnes), China (X tonnes) and Belgium (X tonnes) were the main suppliers of pile and chenille fabric imports to Finland, with a combined X% share of total imports. These countries were followed by Turkey, Poland, Germany and Italy, which together accounted for a further X 2007 to 2020, the biggest increases were in Poland, while purchases for the other leaders experienced a decline.

In value terms, the largest pile and chenille fabric suppliers to Finland were Spain ($X), Belgium ($X) and Turkey ($X), together comprising X% of total imports. These countries were followed by China, Italy, Germany and Poland, which together accounted for a further X the main suppliers, Poland recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2020, the average pile and chenille fabric import price amounted to $X per tonne, flattening at the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per tonne. From 2018 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Italy ($X per tonne), while the price for China ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Italy, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for woven pile fabrics and chenille fabrics in the world?

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China (136K tonnes) constituted the country with the largest volume of pile and chenille fabric consumption, accounting for 27% of total volume. Moreover, pile and chenille fabric consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (62K tonnes), twofold. The third position in this ranking was occupied by India (34K tonnes), with a 6.9% share.

What are the largest producers of woven pile fabrics and chenille fabrics in the world?

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The country with the largest volume of pile and chenille fabric production was China (256K tonnes), accounting for 55% of total volume. Moreover, pile and chenille fabric production in China exceeded the figures recorded by the second-largest producer, the U.S. (42K tonnes), sixfold. India (34K tonnes) ranked third in terms of total production with a 7.5% share.

What are the leading suppliers of woven pile fabrics and chenille fabrics to Finland?

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In value terms, Spain ($804K), Belgium ($565K) and Turkey ($214K) constituted the largest pile and chenille fabric suppliers to Finland, together accounting for 70% of total imports. These countries were followed by China, Italy, Germany and Poland, which together accounted for a further 20%.

What are the leading importers of woven pile fabrics and chenille fabrics from Finland?

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In value terms, Estonia ($957K) remains the key foreign market for pile and chenille fabric exports from Finland, comprising 87% of total exports. The second position in the ranking was occupied by Russia ($91K), with a 8.3% share of total exports.

What is the average export price for woven pile fabrics and chenille fabrics in Finland?

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The average pile and chenille fabric export price stood at $29,873 per tonne in 2020, with an increase of 4.5% against the previous year.

What is the average import price for woven pile fabrics and chenille fabrics in Finland?

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In 2020, the average pile and chenille fabric import price amounted to $17,050 per tonne, flattening at the previous year.