Finland: Non-Knitted Men Apparel Market 2025

Non-Knitted Men Apparel Market Size in Finland

After two years of decline, the Finnish non-knitted men apparel market increased by 22% to $X in 2022. In general, consumption, however, recorded a noticeable slump. Non-knitted men apparel consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Non-Knitted Men Apparel Production in Finland

In value terms, non-knitted men apparel production contracted to $X in 2022 estimated in export price. Overall, production, however, saw a precipitous setback. The most prominent rate of growth was recorded in 2018 when the production volume increased by 49% against the previous year. Non-knitted men apparel production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Non-Knitted Men Apparel Exports

Exports from Finland

In 2022, shipments abroad of men's or boys' clothing (not knitted or crocheted) increased by 15% to X units, rising for the third consecutive year after two years of decline. Overall, total exports indicated a mild increase from 2012 to 2022: its volume increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +62.0% against 2019 indices. The pace of growth was the most pronounced in 2013 when exports increased by 56% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2022, the growth of the exports failed to regain momentum.

In value terms, non-knitted men apparel exports rose sharply to $X in 2022. In general, exports, however, continue to indicate a slight descent. The most prominent rate of growth was recorded in 2013 when exports increased by 60% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Poland (X units), Hungary (X units) and Estonia (X units) were the main destinations of non-knitted men apparel exports from Finland, together accounting for 39% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Hungary (with a CAGR of +16.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for non-knitted men apparel exported from Finland were Germany ($X), Estonia ($X) and Poland ($X), with a combined 40% share of total exports. Latvia, Sweden, Hungary, Austria, Lithuania, Russia, the Netherlands, Slovakia, France and Ukraine lagged somewhat behind, together comprising a further 38%.

Austria, with a CAGR of +15.1%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average non-knitted men apparel export price stood at $X per unit in 2022, reducing by -4.8% against the previous year. Over the period under review, the export price showed a noticeable descent. The pace of growth was the most pronounced in 2014 an increase of 4.8%. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices failed to regain momentum.

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 Sweden ($X per unit), while the average price for exports to Hungary ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+4.3%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Knitted Men Apparel Imports

Imports into Finland

In 2022, overseas purchases of men's or boys' clothing (not knitted or crocheted) were finally on the rise to reach X units after two years of decline. Over the period under review, imports, however, recorded a slight shrinkage. Imports peaked at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, non-knitted men apparel imports surged to $X in 2022. In general, imports, however, continue to indicate a slight descent. Over the period under review, imports reached the maximum at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

China (X units), Bangladesh (X units) and Myanmar (X units) were the main suppliers of non-knitted men apparel imports to Finland, with a combined 61% share of total imports. Pakistan, Turkey, Vietnam, Madagascar, Estonia, Sweden, Germany and India lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2022, the biggest increases were recorded for Madagascar (with a CAGR of +128.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of men's or boys' clothing (not knitted or crocheted) to Finland, comprising 32% of total imports. The second position in the ranking was held by Bangladesh ($X), with a 13% share of total imports. It was followed by Vietnam, with an 8.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China totaled -2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Bangladesh (+6.7% per year) and Vietnam (+4.6% per year).

Import Prices by Country

In 2022, the average non-knitted men apparel import price amounted to $X per unit, reducing by -10.4% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of 16% against the previous year. As a result, import price attained the peak level of $X per unit, and then contracted in the following year.

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 Vietnam ($X per unit), while the price for Madagascar ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Myanmar (+13.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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