Finland: Market for Chamois, Patent and Combination Leather 2024

Market Size for Chamois, Patent and Combination Leather in Finland

In 2022, the Finnish market for chamois, patent and combination leather increased by 692% to $X for the first time since 2017, thus ending a four-year declining trend. Over the period under review, consumption, however, faced a abrupt decrease. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Production of Chamois, Patent and Combination Leather in Finland

In value terms, chamois, patent and combination leather production reduced to $X in 2022 estimated in export price. In general, production, however, saw a pronounced shrinkage. The pace of growth was the most pronounced in 2014 when the production volume increased by 52% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Exports of Chamois, Patent and Combination Leather

Exports from Finland

After two years of growth, overseas shipments of chamois, patent and combination leather decreased by -4% to X square meters in 2022. Over the period under review, exports, however, saw a buoyant expansion. The pace of growth was the most pronounced in 2017 with an increase of 80%. The exports peaked at X square meters in 2021, and then reduced in the following year.

In value terms, chamois, patent and combination leather exports reached $X in 2022. In general, exports, however, saw buoyant growth. The pace of growth was the most pronounced in 2017 with an increase of 77% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

China (X square meters) was the main destination for chamois, patent and combination leather exports from Finland, accounting for a 71% share of total exports. Moreover, chamois, patent and combination leather exports to China exceeded the volume sent to the second major destination, Latvia (X square meters), fivefold. The third position in this ranking was taken by Estonia (X square meters), with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to China amounted to +53.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (-8.2% per year) and Estonia (-6.6% per year).

In value terms, China ($X) remains the key foreign market for chamois, patent and combination leather exports from Finland, comprising 63% of total exports. The second position in the ranking was taken by Latvia ($X), with a 17% share of total exports. It was followed by India, with a 12% share.

From 2012 to 2022, the average annual growth rate of value to China amounted to +48.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Latvia (-7.3% per year) and India (+37.7% per year).

Export Prices by Country

The average export price for chamois, patent and combination leather stood at $X per square meter in 2022, increasing by 4.5% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 5.8%. Over the period under review, the average export prices reached the maximum at $X per square meter in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was India ($X per square meter), while the average price for exports to China ($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 India (+3.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Chamois, Patent and Combination Leather

Imports into Finland

After two years of growth, purchases abroad of chamois, patent and combination leather decreased by -8.4% to X square meters in 2022. Overall, imports, however, posted measured growth. The pace of growth was the most pronounced in 2021 with an increase of 63% against the previous year. As a result, imports attained the peak of X square meters, and then fell in the following year.

In value terms, chamois, patent and combination leather imports declined to $X in 2022. Over the period under review, imports, however, recorded a modest increase. The growth pace was the most rapid in 2021 when imports increased by 61% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Italy (X square meters) was the main supplier of chamois, patent and combination leather to Finland, accounting for a 99% share of total imports. It was followed by the Netherlands (X square meters), with a 0.4% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Italy amounted to +3.5%.

In value terms, Italy ($X) constituted the largest supplier of chamois, patent and combination leather to Finland, comprising 96% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 0.4% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy amounted to +1.9%.

Import Prices by Country

The average import price for chamois, patent and combination leather stood at $X per square meter in 2022, surging by 2.9% against the previous year. In general, the import price, however, continues to indicate a mild slump. The most prominent rate of growth was recorded in 2013 when the average import price increased by 9.2%. The import price peaked at $X per square meter in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per square meter), while the price for Italy totaled $X per square meter.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+1.0%).

Source: IndexBox Platform

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