Scandinavia: Knitted Ski-Suit Market 2024

Knitted Ski-Suit Market Size in Scandinavia

The Scandinavia knitted ski-suit market dropped markedly to $X in 2022, falling by -20.2% against the previous year. In general, consumption continues to indicate a abrupt slump. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Knitted Ski-Suit Production in Scandinavia

In value terms, knitted ski-suit production expanded modestly to $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the production volume increased by 16%. The level of production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Knitted Ski-Suit Exports

Exports in Scandinavia

In 2022, knitted ski-suit exports in Scandinavia skyrocketed to X units, with an increase of 80% compared with 2021 figures. Overall, exports, however, showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 88% against the previous year. The volume of export peaked at X units in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, knitted ski-suit exports soared to $X in 2022. In general, exports, however, continue to indicate a perceptible slump. The pace of growth was the most pronounced in 2021 when exports increased by 92%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Sweden represented the largest exporter of ski-suits of knitted or crocheted textiles in Scandinavia, with the volume of exports finishing at X units, which was approx. 85% of total exports in 2022. It was distantly followed by Norway (X units), mixing up a 14% share of total exports.

Sweden was also the fastest-growing in terms of the ski-suits of knitted or crocheted textiles exports, with a CAGR of +7.8% from 2012 to 2022. Norway (-10.5%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Sweden increased by +56 percentage points.

In value terms, Sweden ($X) remains the largest knitted ski-suit supplier in Scandinavia, comprising 81% of total exports. The second position in the ranking was taken by Norway ($X), with a 17% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Sweden stood at +4.8%.

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per unit, remaining constant against the previous year. Overall, the export price saw a slight contraction. The most prominent rate of growth was recorded in 2016 when the export price increased by 28%. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per unit), while Sweden amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+4.1%).

Knitted Ski-Suit Imports

Imports in Scandinavia

In 2022, the amount of ski-suits of knitted or crocheted textiles imported in Scandinavia fell dramatically to X units, shrinking by -35% against 2021. Over the period under review, imports saw a deep slump. The most prominent rate of growth was recorded in 2014 with an increase of 27% against the previous year. The volume of import peaked at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, knitted ski-suit imports reduced modestly to $X in 2022. Overall, imports continue to indicate a deep slump. The growth pace was the most rapid in 2016 with an increase of 73%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Sweden (X units) was the major importer of ski-suits of knitted or crocheted textiles, achieving 58% of total imports. Norway (X units) took a 37% share (based on physical terms) of total imports, which put it in second place, followed by Finland (4.8%).

From 2012 to 2022, the biggest increases were recorded for Norway (with a CAGR of -12.3%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Norway ($X) constitutes the largest market for imported ski-suits of knitted or crocheted textiles in Scandinavia, comprising 63% of total imports. The second position in the ranking was held by Sweden ($X), with a 31% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Norway stood at -4.2%. The remaining importing countries recorded the following average annual rates of imports growth: Sweden (-15.0% per year) and Finland (-13.9% per year).

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per unit, increasing by 47% against the previous year. Import price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +10.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when the import price increased by 76%. The level of import peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+11.4%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform