Updated Jan 9, 2023 19:35

Horsehair Imports in Finland

In , overseas purchases of horsehair were finally on the rise to reach tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, recorded a abrupt setback. Imports peaked at tons in 2007; however, from 2008 to , imports stood at a somewhat lower figure.

In value terms, horsehair imports skyrocketed to $ in . Overall, imports recorded a buoyant increase. Imports peaked at $ in 2019; however, from to , imports failed to regain momentum.

Imports by Country
Sweden ( kg), Italy ( kg) and the Netherlands ( kg) were the main suppliers of horsehair imports to Finland, with a combined % share of total imports.

From 2007 to , the biggest increases were recorded for Sweden (with a CAGR of -%), while purchases for the other leaders experienced a decline.

In value terms, Sweden ($) constituted the largest supplier of horsehair to Finland, comprising % of total imports. The second position in the ranking was taken by Italy ($), with a % share of total imports.

From 2007 to , the average annual rate of growth in terms of value from Sweden stood at +%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-% per year) and the Netherlands (-% per year).

Import Prices by Country
In , the average horsehair import price amounted to $ per ton, reducing by -% against the previous year. Over the period under review, the import price, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2009 an increase of % against the previous year. The import price peaked at $ per ton in , and then shrank remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In , amid the top importers, the country with the highest price was Sweden ($ per ton), while the price for the Netherlands ($ per ton) was amongst the lowest.

From 2007 to , the most notable rate of growth in terms of prices was attained by Germany (+%), while the prices for the other major suppliers experienced more modest paces of growth.