Scandinavia: Market for Acid And Mordant Dyes And Preparations Based Thereon 2025

Market Size for Acid And Mordant Dyes And Preparations Based Thereon in Scandinavia

For the fourth year in a row, the Scandinavia acid and mordant dye market recorded decline in sales value, which decreased by -62.8% to $X in 2021. Overall, consumption continues to indicate a abrupt contraction. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Production of Acid And Mordant Dyes And Preparations Based Thereon in Scandinavia

In value terms, acid and mordant dye production rose to $X in 2021 estimated in export price. The total production indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +2.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -5.5% against 2019 indices. The pace of growth appeared the most rapid in 2019 with an increase of 95% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a lower figure.

Exports of Acid And Mordant Dyes And Preparations Based Thereon

Exports in Scandinavia

In 2021, exports of acid and mordant dyes and preparations based thereon in Scandinavia surged to X tons, picking up by 36% against the year before. In general, exports, however, showed a abrupt slump. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, acid and mordant dye exports surged to $X in 2021. Overall, exports, however, recorded a abrupt slump. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Denmark (X tons) represented the major exporter of acid and mordant dyes and preparations based thereon, making up 63% of total exports. It was distantly followed by Sweden (X tons), creating a 33% share of total exports. Norway (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Norway (with a CAGR of +7.4%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Denmark ($X) remains the largest acid and mordant dye supplier in Scandinavia, comprising 75% of total exports. The second position in the ranking was held by Sweden ($X), with a 20% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Denmark totaled +12.5%. In the other countries, the average annual rates were as follows: Sweden (-25.4% per year) and Norway (+13.0% per year).

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per ton, growing by 7.6% against the previous year. Export price indicated tangible growth from 2012 to 2021: its price increased at an average annual rate of +4.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, acid and mordant dye export price increased by +33.3% against 2019 indices. The pace of growth was the most pronounced in 2013 an increase of 113% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: among the top suppliers, the country with the highest price was Denmark ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+7.3%), while the other leaders experienced mixed trends in the export price figures.

Imports of Acid And Mordant Dyes And Preparations Based Thereon

Imports in Scandinavia

In 2021, supplies from abroad of acid and mordant dyes and preparations based thereon increased by 51% to X tons, rising for the third consecutive year after two years of decline. Overall, imports recorded a buoyant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, acid and mordant dye imports surged to $X in 2021. Over the period under review, imports, however, saw a slight slump. The level of import peaked at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Finland prevails in imports structure, recording X tons, which was approx. 78% of total imports in 2021. Sweden (X tons) ranks second in terms of the total imports with a 9.8% share, followed by Denmark (8.9%). Norway (X tons) took a little share of total imports.

Finland was also the fastest-growing in terms of the acid and mordant dyes and preparations based thereon imports, with a CAGR of +12.1% from 2012 to 2021. At the same time, Denmark (+5.1%) and Norway (+1.0%) displayed positive paces of growth. By contrast, Sweden (-8.4%) illustrated a downward trend over the same period. While the share of Finland (+30 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Sweden (-27.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest acid and mordant dye importing markets in Scandinavia were Sweden ($X), Denmark ($X) and Finland ($X), with a combined 91% share of total imports.

Among the main importing countries, Finland, with a CAGR of +10.1%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2021, which is down by -12.2% against the previous year. Over the period under review, the import price showed a abrupt slump. The pace of growth appeared the most rapid in 2017 an increase of 20%. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: among the top importers, the country with the highest price was Sweden ($X per ton), while Finland ($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 (+1.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform