Price for Tents of Synthetic Fibres in Finland - 2023

Contents:

  1. Price for Tents of Synthetic Fibres in Finland (CIF) - 2022
  2. Price for Tents of Synthetic Fibres in Finland (FOB) - 2022
  3. Imports of Tents of Synthetic Fibres in Finland
  4. Exports of Tents of Synthetic Fibres in Finland

Price for Tents of Synthetic Fibres in Finland (CIF) - 2022

The average tents of synthetic fibres import price stood at $11,716 per ton in 2022, reducing by -3.9% against the previous year. In general, import price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, tents of synthetic fibres import price increased by +18.4% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by 42% against the previous year. The import price peaked at $12,188 per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($36,846 per ton), while the price for China ($6,574 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+14.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Tents of Synthetic Fibres in Finland (FOB) - 2022

In 2022, the average tents of synthetic fibres export price amounted to $22,191 per ton, with a decrease of -32.4% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average export price increased by 236% against the previous year. As a result, the export price attained the peak level of $32,826 per ton, and then fell markedly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Japan ($50,851 per ton), while the average price for exports to Jordan ($1,406 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 Japan (+24.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tents of Synthetic Fibres in Finland

In 2022, approx. 844 tons of tents of synthetic fibreses were imported into Finland; waning by -3.6% on 2021. The total import volume increased at an average annual rate of +4.2% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 29% against the previous year. As a result, imports reached the peak of 875 tons, and then contracted modestly in the following year.

In value terms, tents of synthetic fibres imports contracted to $9.9M in 2022. Overall, total imports indicated buoyant growth from 2019 to 2022: its value increased at an average annual rate of +8.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.8% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 58%. As a result, imports reached the peak of $11M, and then declined in the following year.

Import of Tents of Synthetic Fibres in Finland (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China3.51.42.93.50.0%
Sweden0.42.83.62.379.2%
NetherlandsN/A0.61.20.815.5%
Bangladesh1.30.10.20.4-32.5%
Estonia0.40.30.90.3-9.1%
PolandN/AN/A0.20.350.0%
Others2.01.51.72.46.3%
Total7.76.710.79.98.7%

Top Suppliers of Tents of Synthetic Fibres to Finland in 2022:

  1. China (530.2 tons)
  2. Sweden (159.7 tons)
  3. Netherlands (30.4 tons)
  4. Bangladesh (28.7 tons)
  5. Poland (20.0 tons)
  6. Estonia (8.4 tons)

Exports of Tents of Synthetic Fibres in Finland

Tents of synthetic fibres exports from Finland skyrocketed to 48 tons in 2022, picking up by 75% on the year before. Overall, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 336% against the previous year. As a result, the exports reached the peak of 50 tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, tents of synthetic fibres exports surged to $1.1M in 2022. Over the period under review, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2020 with an increase of 99% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.

Export of Tents of Synthetic Fibres in Finland (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden34.259.6102280101.5%
Estonia37.152.915511545.8%
Japan21.571.214996.064.7%
Latvia5.12.03.282.0152.4%
Russia36.938.462.668.422.8%
Norway26.511811567.436.5%
JordanN/AN/AN/A2.50%
CameroonN/A37.7N/AN/A0%
Others85.311131835861.3%
Total2474919051,06963.0%

Top Export Markets for Tents of Synthetic Fibres from Finland in 2022:

  1. Latvia (12.9 tons)
  2. Estonia (12.2 tons)
  3. Sweden (7.4 tons)
  4. Norway (3.9 tons)
  5. Russia (2.4 tons)
  6. Japan (1.9 tons)
  7. Jordan (1.8 tons)

Source: IndexBox Market Intelligence Platform

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