Sweden: Quilted Textile Products Market 2024

Quilted Textile Products Market Size in Sweden

The Swedish quilted textile products market declined markedly to $X in 2021, shrinking by -43% against the previous year. Over the period under review, consumption continues to indicate a sharp decline. Quilted textile products consumption peaked at $X in 2020, and then contracted notably in the following year.

Quilted Textile Products Production in Sweden

In value terms, quilted textile products production shrank notably to $X in 2021 estimated in export price. Over the period under review, production showed a precipitous slump. Over the period under review, production reached the maximum level at $X in 2020, and then shrank markedly in the following year.

Quilted Textile Products Exports

Exports from Sweden

Quilted textile products exports from Sweden dropped sharply to X tons in 2021, which is down by -29.9% compared with the year before. In general, exports showed a precipitous decline. Over the period under review, the exports attained the maximum at X tons in 2020, and then shrank sharply in the following year.

In value terms, quilted textile products exports reduced to $X in 2021. Over the period under review, exports showed a deep reduction. Over the period under review, the exports hit record highs at $X in 2020, and then shrank in the following year.

Exports by Country

Hungary (X tons), Estonia (X tons) and the UK (X tons) were the main destinations of quilted textile products exports from Sweden, with a combined 87% share of total exports. Iceland, Russia, Latvia and Italy lagged somewhat behind, together comprising a further 7.3%.

From 2020 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Latvia (with a CAGR of +1,472.4%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for quilted textile products exported from Sweden were Hungary ($X), Estonia ($X) and Iceland ($X), together comprising 82% of total exports. These countries were followed by the UK, Russia, Italy and Latvia, which together accounted for a further 10%.

Latvia, with a CAGR of +1,713.9%, saw 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 quilted textile products export price stood at $X per ton in 2021, with an increase of 25% against the previous year. Over the last one years, it increased at an average annual rate of +24.9%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Italy ($X per ton), while the average price for exports to Estonia ($X per ton) was amongst the lowest.

From 2020 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Hungary (+52.1%), while the prices for the other major destinations experienced more modest paces of growth.

Quilted Textile Products Imports

Imports into Sweden

In 2021, quilted textile products imports into Sweden totaled X tons, with an increase of 4.6% against 2020 figures. The total import volume increased at an average annual rate of +4.6% over the period from 2020 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, quilted textile products imports rose remarkably to $X in 2021. The total import value increased at an average annual rate of +7.5% over the period from 2020 to 2021; the trend pattern remained consistent, with only minor fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Estonia (X tons) constituted the largest supplier of quilted textile products to Sweden, with a 44% share of total imports. Moreover, quilted textile products imports from Estonia exceeded the figures recorded by the second-largest supplier, the United States (X tons), fourfold. The third position in this ranking was taken by China (X tons), with a 9.1% share.

From 2020 to 2021, the average annual growth rate of volume from Estonia totaled -2.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-18.6% per year) and China (+76.9% per year).

In value terms, Estonia ($X) constituted the largest supplier of quilted textile products in the piece (excluding embroidery) to Sweden, comprising 41% of total imports. The second position in the ranking was held by Italy ($X), with an 11% share of total imports. It was followed by France, with a 10% share.

From 2020 to 2021, the average annual growth rate of value from Estonia totaled +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+31.4% per year) and France (-1.8% per year).

Import Prices by Country

In 2021, the average quilted textile products import price amounted to $X per ton, rising by 2.7% against the previous year. Over the period from 2020 to 2021, it increased at an average annual rate of +2.7%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Italy ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2020 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+23.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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