Sweden: Market for Woven Pile Fabrics And Chenille Fabrics 2024

Market Size for Woven Pile Fabrics And Chenille Fabrics in Sweden

In 2021, the Swedish pile and chenille fabric market decreased by -45.1% to $X, falling for the second consecutive year after three years of growth. In general, consumption recorded a deep downturn. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Production of Woven Pile Fabrics And Chenille Fabrics in Sweden

In value terms, pile and chenille fabric production expanded to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a pronounced slump. The pace of growth was the most pronounced in 2014 when the production volume increased by 20%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a lower figure.

Exports of Woven Pile Fabrics And Chenille Fabrics

Exports from Sweden

In 2021, exports of woven pile fabrics and chenille fabrics from Sweden reached X tons, growing by 15% against 2020. Over the period under review, exports, however, continue to indicate a noticeable decline. The growth pace was the most rapid in 2014 with an increase of 20% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, pile and chenille fabric exports soared to $X in 2021. In general, exports, however, saw a noticeable setback. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Estonia (X tons) was the main destination for pile and chenille fabric exports from Sweden, with a 44% share of total exports. Moreover, pile and chenille fabric exports to Estonia exceeded the volume sent to the second major destination, Lithuania (X tons), threefold. The third position in this ranking was taken by Norway (X tons), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Estonia totaled +5.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+3.6% per year) and Norway (+10.1% per year).

In value terms, Estonia ($X) remains the key foreign market for woven pile fabrics and chenille fabrics exports from Sweden, comprising 40% of total exports. The second position in the ranking was taken by Lithuania ($X), with a 16% share of total exports. It was followed by Poland, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Estonia stood at +10.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+5.6% per year) and Poland (+7.3% per year).

Export Prices by Country

The average pile and chenille fabric export price stood at $X per ton in 2021, surging by 10% against the previous year. Over the period under review, the export price, however, showed a noticeable curtailment. The most prominent rate of growth was recorded in 2018 when the average export price increased by 20% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Norway ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Woven Pile Fabrics And Chenille Fabrics

Imports into Sweden

In 2021, purchases abroad of woven pile fabrics and chenille fabrics decreased by -40.6% to X tons, falling for the second year in a row after three years of growth. In general, imports continue to indicate a drastic downturn. The growth pace was the most rapid in 2019 with an increase of 12% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, pile and chenille fabric imports shrank notably to $X in 2021. Overall, imports faced a abrupt curtailment. The growth pace was the most rapid in 2019 when imports increased by 6.7% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Turkey (X tons) constituted the largest supplier of pile and chenille fabric to Sweden, with a 54% share of total imports. Moreover, pile and chenille fabric imports from Turkey exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. Denmark (X tons) ranked third in terms of total imports with a 6.9% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (-8.7% per year) and Denmark (-4.0% per year).

In value terms, Turkey ($X) constituted the largest supplier of woven pile fabrics and chenille fabrics to Sweden, comprising 54% of total imports. The second position in the ranking was taken by China ($X), with a 12% share of total imports. It was followed by the Netherlands, with a 9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Turkey stood at +3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-10.2% per year) and the Netherlands (-3.5% per year).

Import Prices by Country

In 2021, the average pile and chenille fabric import price amounted to $X per ton, surging by 27% 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 2020 when the average import price increased by 62% against the previous year. Over the period under review, average import prices attained the maximum in 2021 and is expected to retain growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :