Scandinavia: Man-Made Filament Yarn Market 2025

Man-Made Filament Yarn Market Size in Scandinavia

The Scandinavia man-made filament yarn market declined to $X in 2021, shrinking by -6% against the previous year. The total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +7.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +33.3% against 2016 indices. The level of consumption peaked at $X in 2020, and then fell in the following year.

Man-Made Filament Yarn Production in Scandinavia

In value terms, man-made filament yarn production expanded rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a abrupt descent. The level of production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Man-Made Filament Yarn Exports

Exports in Scandinavia

In 2021, exports of man-made filament yarn in Scandinavia dropped notably to X tons, waning by -39.2% on 2020 figures. Over the period under review, exports showed a abrupt curtailment. The pace of growth was the most pronounced in 2020 with an increase of 110%. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, man-made filament yarn exports shrank slightly to $X in 2021. Overall, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of 31%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Denmark was the largest exporting country with an export of about X tons, which recorded 62% of total exports. Sweden (X tons) took a 28% share (based on physical terms) of total exports, which put it in second place, followed by Norway (8.5%).

Exports from Denmark decreased at an average annual rate of -20.9% from 2012 to 2021. Sweden (-1.4%) and Norway (-5.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Sweden and Norway increased by +23 and +6 percentage points, respectively.

In value terms, Denmark ($X), Sweden ($X) and Norway ($X) appeared to be the countries with the highest levels of exports in 2021, together comprising 98% of total exports.

Among the main exporting countries, Sweden, with a CAGR of +0.3%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2021, growing by 59% against the previous year. In general, the export price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2017 an increase of 91%. Over the period under review, the export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Norway ($X per ton), while Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+10.9%), while the other leaders experienced more modest paces of growth.

Man-Made Filament Yarn Imports

Imports in Scandinavia

In 2021, approx. X tons of man-made filament yarn were imported in Scandinavia; waning by -14.5% on 2020. Total imports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +7.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 66%. The volume of import peaked at X tons in 2020, and then reduced in the following year.

In value terms, man-made filament yarn imports dropped to $X in 2021. The total import value increased at an average annual rate of +5.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 46% against the previous year. Over the period under review, imports hit record highs at $X in 2020, and then declined slightly in the following year.

Imports by Country

In 2021, Denmark (X tons) represented the key importer of man-made filament yarn, comprising 73% of total imports. Norway (X tons) held a 13% share (based on physical terms) of total imports, which put it in second place, followed by Finland (10%). Sweden (X tons) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to man-made filament yarn imports into Denmark stood at +9.1%. At the same time, Norway (+9.4%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of +9.4% from 2012-2021. Finland experienced a relatively flat trend pattern. By contrast, Sweden (-1.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Denmark and Norway increased by +11 and +2.2 percentage points, respectively.

In value terms, Denmark ($X) constitutes the largest market for imported man-made filament yarn in Scandinavia, comprising 69% of total imports. The second position in the ranking was held by Finland ($X), with a 17% share of total imports. It was followed by Norway, with a 9% share.

In Denmark, man-made filament yarn imports expanded at an average annual rate of +9.6% over the period from 2012-2021. The remaining importing countries recorded the following average annual rates of imports growth: Finland (-1.1% per year) and Norway (+0.4% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2021, increasing by 13% against the previous year. In general, the import price, however, recorded a slight curtailment. The pace of growth was the most pronounced in 2017 when the import price increased by 14% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Sweden ($X per ton), while Norway ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+1.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform