Finland: Carpet Market 2024

Carpet Market Size in Finland

The Finnish carpet market dropped to $X in 2022, reducing by X% against the previous year. Overall, the total consumption indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2015 indices. As a result, consumption attained the peak level of $X, and then reduced modestly in the following year.

Carpet Production in Finland

In value terms, carpet production rose modestly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

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Carpet Exports

Exports from Finland

In 2022, shipments abroad of carpets and other textile floor coverings was finally on the rise to reach X square meters after four years of decline. Overall, exports, however, showed a perceptible decrease. The exports peaked at X square meters in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, carpet exports surged to $X in 2022. Over the period under review, exports recorded a relatively flat trend pattern. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sweden (X square meters), Belgium (X square meters) and Denmark (X square meters) were the main destinations of carpet exports from Finland, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Sweden ($X) and Denmark ($X) were the largest markets for carpet exported from Finland worldwide, together accounting for X% of total exports.

Among the main countries of destination, Denmark, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average carpet export price amounted to $X per square meter, with a decrease of X% against the previous year. In general, the export price, however, posted temperate growth. The pace of growth appeared the most rapid in 2021 when the average export price increased by X%. As a result, the export price reached the peak level of $X per square meter, and then shrank rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per square meter), while the average price for exports to Sweden ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (X%), while the prices for the other major destinations experienced more modest paces of growth.

Carpet Imports

Imports into Finland

In 2022, carpet imports into Finland contracted to X square meters, falling by X% compared with 2021 figures. The total import volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X square meters in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, carpet imports contracted modestly to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Sweden (X square meters), Belgium (X square meters) and India (X square meters) were the main suppliers of carpet imports to Finland, together accounting for X% of total imports. The Netherlands, Egypt, Poland, China, Germany, Turkey, Greece, Denmark, Ukraine and the Czech Republic lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Ukraine (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest carpet suppliers to Finland were Sweden ($X), Belgium ($X) and the Netherlands ($X), together accounting for X% of total imports. Poland, India, China, Germany, Egypt, Denmark, Turkey, Greece, the Czech Republic and Ukraine lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Ukraine, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average carpet import price stood at $X per square meter in 2022, with an increase of X% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X%. Over the period under review, average import prices hit record highs at $X per square meter in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($X per square meter), while the price for Egypt ($X per square meter) was amongst the lowest.

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

Source: IndexBox Platform

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