Finland: Bed Linen Market 2022

Bed Linen Market Size in Finland

In 2021, the Finnish bed linen market increased by 30% to $X, rising for the second consecutive year after two years of decline. Overall, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Bed Linen Production in Finland

In value terms, bed linen production declined to $X in 2021 estimated in export price. Over the period under review, production enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2019 with an increase of 79% against the previous year. Bed linen production peaked at $X in 2020, and then contracted in the following year.

Bed Linen Exports

Exports from Finland

In 2021, after two years of decline, there was significant growth in shipments abroad of bed linen, when their volume increased by 21% to X tons. Overall, exports, however, saw a perceptible setback. The growth pace was the most rapid in 2016 when exports increased by 46% against the previous year. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, bed linen exports soared to $X in 2021. In general, exports continue to indicate a relatively flat trend pattern. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Estonia (X tons), Sweden (X tons) and Latvia (X tons) were the main destinations of bed linen exports from Finland, together accounting for 76% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Sweden (with a CAGR of +11.8%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for bed linen exported from Finland were Sweden ($X), Estonia ($X) and Russia ($X), with a combined 58% share of total exports. Latvia, Germany and Japan lagged somewhat behind, together accounting for a further 16%.

In terms of the main countries of destination, Germany, with a CAGR of +14.4%, 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 more modest paces of growth.

Export Prices by Country

In 2021, the average bed linen export price amounted to $X per ton, jumping by 16% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.9%. The most prominent rate of growth was recorded in 2013 an increase of 18% against the previous year. The export price peaked in 2021 and is likely to see steady growth in the near future.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per ton), while the average price for exports to Latvia ($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 Germany (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.

Bed Linen Imports

Imports into Finland

In 2021, purchases abroad of bed linen increased by 60% to X tons, rising for the second consecutive year after two years of decline. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, bed linen imports expanded rapidly to $X in 2021. Overall, imports, however, showed a mild curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 20% against the previous year. Imports peaked at $X in 2013; however, from 2014 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Turkey (X tons) constituted the largest supplier of bed linen to Finland, accounting for a 34% share of total imports. Moreover, bed linen imports from Turkey exceeded the figures recorded by the second-largest supplier, Pakistan (X tons), twofold. The third position in this ranking was taken by Germany (X tons), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from Turkey amounted to +12.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Pakistan (+0.5% per year) and Germany (+24.4% per year).

In value terms, Turkey ($X), Sweden ($X) and Pakistan ($X) were the largest bed linen suppliers to Finland, together accounting for 58% of total imports. These countries were followed by Germany, Portugal, India, Bangladesh, China and Estonia, which together accounted for a further 31%.

Germany, with a CAGR of +16.8%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average bed linen import price amounted to $X per ton, dropping by -31.2% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 an increase of 92% against the previous year. As a result, import price reached the peak level of $X per ton. From 2020 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was China ($X per ton), while the price for Bangladesh ($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 (+6.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Kaynak: IndexBox Platformu