Sweden: Horsehair Market Overview 2021

Horsehair Market Size in Sweden

In 2019, the Swedish horsehair market decreased by -X% to $X, falling for the second consecutive year after two years of growth. In general, consumption continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2016 when the market value increased by X% against the previous year. Horsehair consumption peaked at $X in 2017; however, from 2018 to 2019, consumption stood at a somewhat lower figure.

Horsehair Production in Sweden

In value terms, horsehair production totaled $X in 2019 estimated in export prices. In general, production recorded a modest increase. Over the period under review, production attained the peak level in 2019 and is expected to retain growth in years to come.

The average yield of horsehair in Sweden amounted to X kg per head in 2019, remaining constant against the previous year. Over the period under review, the yield continues to indicate a relatively flat trend pattern.

In 2019, approx. X head of animals slaughtered for horsehair production in Sweden; remaining stable against the year before. Overall, the number of producing animals recorded a relatively flat trend pattern.

Horsehair Exports

Exports from Sweden

In 2019, shipments abroad of horsehair increased by X% to X tonnes, rising for the second consecutive year after seven years of decline. In general, exports showed a buoyant expansion. The pace of growth appeared the most rapid in 2009 when exports increased by X% year-to-year. Over the period under review, exports reached the maximum in 2019 and are expected to retain growth in the near future.

In value terms, horsehair exports skyrocketed to $X in 2019. Overall, exports posted slight growth. The pace of growth appeared the most rapid in 2009 with an increase of X% y-o-y. Exports peaked in 2019 and are expected to retain growth in years to come.

Exports by Country

Norway (X tonnes), Italy (X tonnes) and the Netherlands (X tonnes) were the main destinations of horsehair exports from Sweden, with a combined X% share of total exports.

From 2007 to 2019, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Italy (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Norway ($X) and Italy ($X) constituted the largest markets for horsehair exported from Sweden worldwide, with a combined X% share of total exports.

Italy (+X% per year) saw the highest rates of growth with regard to the value of exports, among 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

In 2019, the average horsehair export price amounted to $X per tonne, with a decrease of -X% against the previous year. Over the period under review, the export price recorded a perceptible decline. The growth pace was the most rapid in 2009 an increase of X% y-o-y. The export price peaked at $X per tonne in 2007; however, from 2008 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2019, the country with the highest price was the UK ($X per tonne), while the average price for exports to the Netherlands ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced a decline.

Horsehair Imports

Imports into Sweden

Horsehair imports into Sweden shrank markedly to X tonnes in 2019, waning by -X% against the previous year. Overall, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Imports peaked at X tonnes in 2014; however, from 2015 to 2019, imports remained at a lower figure.

In value terms, horsehair imports fell significantly to $X in 2019. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, the Netherlands (X tonnes) was the main horsehair supplier to Sweden, accounting for a X% share of total imports. Moreover, horsehair imports from the Netherlands exceeded the figures recorded by the second-largest supplier, the UK (X tonnes), more than tenfold.

From 2007 to 2019, the average annual growth rate of volume from the Netherlands stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+X% per year) and Norway (-X% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of horsehair to Sweden, comprising X% of total imports. The second position in the ranking was occupied by Norway ($X), with a X% share of total imports.

From 2007 to 2019, the average annual growth rate of value from the Netherlands stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (+X% per year) and the UK (+X% per year).

Import Prices by Country

In 2019, the average horsehair import price amounted to $X per tonne, almost unchanged from the previous year. Over the period under review, import price indicated a resilient increase from 2007 to 2019: its price increased at an average annual rate of +X% over the last twelve years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2019 figures, horsehair import price increased by +X% against 2015 indices. The pace of growth appeared the most rapid in 2008 an increase of X% y-o-y. The import price peaked in 2019 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Norway ($X per tonne), while the price for the UK ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Norway, while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for horsehair in the world?

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China (23K tonnes) remains the largest horsehair consuming country worldwide, comprising approx. 70% of total volume. Moreover, horsehair consumption in China exceeded the figures recorded by the second-largest consumer, Belgium (1.4K tonnes), more than tenfold. The third position in this ranking was occupied by Iran (1.2K tonnes), with a 3.6% share.

What are the largest producers of horsehair in the world?

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The countries with the highest volumes of horsehair production in 2019 were Belgium (2K tonnes), Iran (1.3K tonnes) and Afghanistan (1.2K tonnes), together accounting for 44% of global production. Kazakhstan, Lesotho, the U.S., Peru, Kyrgyzstan, New Zealand, Uruguay, Mali, Uzbekistan and Turkmenistan lagged somewhat behind, together comprising a further 45%.

What are the leading suppliers of horsehair to Sweden?

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In value terms, the Netherlands ($473K) constituted the largest supplier of horsehair to Sweden, comprising 80% of total imports. The second position in the ranking was occupied by Norway ($59K), with a 10% share of total imports.

What are the leading importers of horsehair from Sweden?

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In value terms, the UK ($265K), Norway ($159K) and Italy ($72K) were the largest markets for horsehair exported from Sweden worldwide, together accounting for 100% of total exports.

What is the average export price for horsehair in Sweden?

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In 2019, the average horsehair export price amounted to $6,614 per tonne, shrinking by -4.2% against the previous year.

What is the average import price for horsehair in Sweden?

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The average horsehair import price stood at $17,753 per tonne in 2019, therefore, remained relatively stable against the previous year.