Finland: Market for Braids In The Piece, Tassels And Pompons, Ornamental Trimmings 2022

Market Size for Braids In The Piece, Tassels And Pompons, Ornamental Trimmings in Finland

In 2021, the Finnish market for braids in the piece, tassels and pompons, ornamental trimmings decreased by -X% to $X for the first time since 2018, thus ending a two-year rising trend. In general, consumption continues to indicate a significant contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings in Finland

In value terms, production of braids in the piece, tassels and pompons, ornamental trimmings fell slightly to $X in 2021 estimated in export price. In general, production continues to indicate a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production of braids in piece, tassels and pompons, ornamental trimmings attained the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings

Exports from Finland

In 2021, the amount of braids in the piece, tassels and pompons, ornamental trimmings exported from Finland skyrocketed to X tons, picking up by X% against 2020. In general, total exports indicated a mild expansion from 2012 to 2021: its volume increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +X% against 2019 indices. The growth pace was the most rapid in 2015 when exports increased by X% against the previous year. The exports peaked in 2021 and are likely to see gradual growth in the near future.

In value terms, exports of braids in the piece, tassels and pompons, ornamental trimmings soared to $X in 2021. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, the exports of braids in piece, tassels and pompons, ornamental trimmings hit record highs at $X in 2012; afterwards, it flattened through to 2021.

Exports by Country

Norway (X tons) was the main destination for exports of braids in the piece, tassels and pompons, ornamental trimmings from Finland, with a X% share of total exports. Moreover, exports of braids in the piece, tassels and pompons, ornamental trimmings to Norway exceeded the volume sent to the second major destination, the UK (X tons), threefold. The third position in this ranking was held by Latvia (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume to Norway was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+X% per year) and Latvia (-X% per year).

In value terms, Norway ($X) remains the key foreign market for braids, tassels, pompons and ornamental trimmings exports from Finland, comprising X% of total exports. The second position in the ranking was held by Latvia ($X), with an X% share of total exports. It was followed by the UK, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Norway was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (-X% per year) and the UK (+X% per year).

Export Prices by Country

In 2021, the average export price for braids in the piece, tassels and pompons, ornamental trimmings amounted to $X per ton, waning by -X% against the previous year. Overall, the export price continues to indicate a pronounced slump. The pace of growth was the most pronounced in 2013 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Latvia ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Braids In The Piece, Tassels And Pompons, Ornamental Trimmings

Imports into Finland

In 2021, imports of braids in the piece, tassels and pompons, ornamental trimmings into Finland reduced remarkably to X tons, which is down by -X% against 2020. In general, imports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of braids in the piece, tassels and pompons, ornamental trimmings fell to $X in 2021. Over the period under review, imports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Over the period under review, imports of braids in piece, tassels and pompons, ornamental trimmings attained the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Estonia (X tons), China (X tons) and Germany (X tons) were the main suppliers of imports of braids in the piece, tassels and pompons, ornamental trimmings to Finland, with a combined X% share of total imports. These countries were followed by Sweden and Switzerland, which together accounted for a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of +X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), China ($X) and Estonia ($X) were the largest braids, tassels, pompons and ornamental trimmings suppliers to Finland, with a combined X% share of total imports.

Among the main suppliers, China, 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

In 2021, the average import price for braids in the piece, tassels and pompons, ornamental trimmings amounted to $X per ton, with an increase of X% against the previous year. In general, import price indicated temperate growth from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 when the average import price increased by X%. The import price peaked in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably by the country of origin: the country with the highest price was Switzerland ($X per ton), while the price for Estonia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform