Finland: Market for Cotton (Carded Or Combed) 2025

Market Size for Cotton (Carded Or Combed) in Finland

The Finnish cotton (carded or combed) market reduced to $X in 2022, which is down by -6.3% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Production of Cotton (Carded Or Combed) in Finland

In value terms, cotton (carded or combed) production reached $X in 2022 estimated in export price. In general, production, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the production volume increased by 17%. Cotton (carded or combed) production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Cotton (Carded Or Combed)

Exports from Finland

In 2022, exports of cotton (carded or combed) from Finland soared to X tons, growing by 128% against the previous year. Over the period under review, exports enjoyed significant growth. The pace of growth appeared the most rapid in 2017 when exports increased by 12,000%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, cotton (carded or combed) exports surged to $X in 2022. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2017 when exports increased by 12,736%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.

Exports by Country

Japan (X kg), Norway (X kg) and France (X kg) were the main destinations of cotton (carded or combed) exports from Finland, together comprising 62% of total exports. Hong Kong SAR, the Netherlands, Sweden and the United States lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +7,000.0%), while the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) remains the key foreign market for cotton (carded or combed) exports from Finland, comprising 35% of total exports. The second position in the ranking was held by France ($X), with a 15% share of total exports. It was followed by Hong Kong SAR, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Norway amounted to +61.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (+71.6% per year) and Hong Kong SAR (+2,632.3% per year).

Export Prices by Country

In 2022, the average cotton (carded or combed) export price amounted to $X per ton, reducing by -30.3% against the previous year. In general, the export price continues to indicate a abrupt descent. The most prominent rate of growth was recorded in 2018 when the average export price increased by 77% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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 the United States ($X per ton), while the average price for exports to Japan ($X 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 Russia (+22.4%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cotton (Carded Or Combed)

Imports into Finland

In 2022, cotton (carded or combed) imports into Finland skyrocketed to X tons, increasing by 30% on the previous year's figure. In general, imports posted a strong increase. The most prominent rate of growth was recorded in 2018 with an increase of 2,499% against the previous year. As a result, imports attained the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, cotton (carded or combed) imports surged to $X in 2022. Over the period under review, imports showed a buoyant expansion. The most prominent rate of growth was recorded in 2018 when imports increased by 2,957%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest cotton (carded or combed) supplier to Finland, accounting for a 64% share of total imports. Moreover, cotton (carded or combed) imports from China exceeded the figures recorded by the second-largest supplier, Estonia (X kg), fivefold. India (X kg) ranked third in terms of total imports with a 9.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +32.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (-61.9% per year) and India (+24.5% per year).

In value terms, China ($X) constituted the largest supplier of cotton (carded or combed) to Finland, comprising 50% of total imports. The second position in the ranking was taken by Portugal ($X), with a 19% share of total imports. It was followed by Estonia, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +34.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+6,085.7% per year) and Estonia (-32.0% per year).

Import Prices by Country

The average cotton (carded or combed) import price stood at $X per ton in 2022, with an increase of 46% against the previous year. In general, the import price saw a mild expansion. The most prominent rate of growth was recorded in 2013 when the average import price increased by 84%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Portugal ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Portugal (+421.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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