Sweden: Market for Finishing Agents Used In The Textile Industry 2024

Market Size for Finishing Agents Used In The Textile Industry in Sweden

In 2022, the Swedish textile industry finishing agents market decreased by X% to $X, falling for the second year in a row after five years of growth. Over the period under review, consumption continues to indicate a pronounced contraction. Textile industry finishing agents consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Exports of Finishing Agents Used In The Textile Industry

Exports from Sweden

In 2022, shipments abroad of finishing agents used in the textile industry decreased by X% to X tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports, however, saw prominent growth. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, textile industry finishing agents exports reached $X in 2022. Overall, exports, however, continue to indicate buoyant growth. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Norway (X tons) was the main destination for textile industry finishing agents exports from Sweden, accounting for a X% share of total exports. Moreover, textile industry finishing agents exports to Norway exceeded the volume sent to the second major destination, Finland (X tons), twofold. The third position in this ranking was held by Denmark (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Norway amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (X% per year) and Denmark (X% per year).

In value terms, Norway ($X) remains the key foreign market for finishing agents used in the textile industry exports from Sweden, comprising X% of total exports. The second position in the ranking was held by Denmark ($X), with a X% share of total exports. It was followed by Finland, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Norway stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (X% per year) and Finland (X% per year).

Export Prices by Country

In 2022, the average textile industry finishing agents export price amounted to $X per ton, growing by X% against the previous year. Overall, the export price, however, recorded a mild decrease. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Finland ($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 the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Finishing Agents Used In The Textile Industry

Imports into Sweden

In 2022, supplies from abroad of finishing agents used in the textile industry decreased by X% to X tons, falling for the second consecutive year after seven years of growth. Overall, imports continue to indicate a slight shrinkage. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, textile industry finishing agents imports contracted significantly to $X in 2022. In general, imports recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Imports peaked at $X in 2020; however, from 2021 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the UK (X tons) constituted the largest supplier of textile industry finishing agents to Sweden, with a X% share of total imports. Moreover, textile industry finishing agents imports from the UK exceeded the figures recorded by the second-largest supplier, Italy (X tons), fivefold. Denmark (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from the UK amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Denmark (X% per year).

In value terms, the UK ($X) constituted the largest supplier of finishing agents used in the textile industry to Sweden, comprising X% of total imports. The second position in the ranking was taken by Denmark ($X), with a X% share of total imports. It was followed by Germany, with an X% share.

From 2012 to 2022, the average annual growth rate of value from the UK amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (X% per year) and Germany (X% per year).

Import Prices by Country

In 2022, the average textile industry finishing agents import price amounted to $X per ton, growing by X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2022, the average import prices remained at a lower figure.

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 Germany ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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