Scandinavia: Disperse Dye Market 2024

Disperse Dye Market Size in Scandinavia

The Scandinavia disperse dye market amounted to $X in 2021, remaining stable against the previous year. The market value increased at an average annual rate of +2.3% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in the immediate term.

Disperse Dye Production in Scandinavia

In value terms, disperse dye production contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +1.7% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 when the production volume increased by 30% against the previous year. Over the period under review, production reached the maximum level at $X in 2020, and then contracted in the following year.

Disperse Dye Exports

Exports in Scandinavia

In 2021, shipments abroad of disperse dyes and preparations based thereon increased by 1% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, exports recorded a measured increase. The growth pace was the most rapid in 2019 with an increase of 274%. The volume of export peaked at X tons in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

In value terms, disperse dye exports rose notably to $X in 2021. In general, exports recorded prominent growth. The most prominent rate of growth was recorded in 2019 with an increase of 235% against the previous year. The level of export peaked in 2021 and is likely to see gradual growth in years to come.

Exports by Country

Sweden was the major exporter of disperse dyes and preparations based thereon in Scandinavia, with the volume of exports finishing at X tons, which was approx. 72% of total exports in 2021. It was distantly followed by Finland (X tons) and Norway (X tons), together mixing up a 24% share of total exports. Denmark (X tons) held a minor share of total exports.

Sweden experienced a relatively flat trend pattern with regard to volume of exports of disperse dyes and preparations based thereon. At the same time, Finland (+65.5%) and Norway (+4.6%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +65.5% from 2012-2021. By contrast, Denmark (-3.1%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Finland increased by +16 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) remains the largest disperse dye supplier in Scandinavia, comprising 67% of total exports. The second position in the ranking was taken by Finland ($X), with a 14% share of total exports. It was followed by Denmark, with a 13% share.

In Sweden, disperse dye exports increased at an average annual rate of +3.4% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Finland (+65.8% per year) and Denmark (+17.2% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2021, picking up by 14% against the previous year. Over the period under review, the export price saw measured growth. The most prominent rate of growth was recorded in 2018 an increase of 73%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while Norway ($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 (+21.0%), while the other leaders experienced more modest paces of growth.

Disperse Dye Imports

Imports in Scandinavia

In 2021, imports of disperse dyes and preparations based thereon in Scandinavia soared to X tons, jumping by 35% against the year before. In general, imports enjoyed strong growth. The growth pace was the most rapid in 2019 with an increase of 37% against the previous year. Over the period under review, imports attained the maximum in 2021 and are likely to see steady growth in the near future.

In value terms, disperse dye imports soared to $X in 2021. Over the period under review, imports posted a prominent expansion. The most prominent rate of growth was recorded in 2019 when imports increased by 47% against the previous year. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in years to come.

Imports by Country

Finland represented the largest importer of disperse dyes and preparations based thereon in Scandinavia, with the volume of imports recording X tons, which was near 54% of total imports in 2021. Sweden (X tons) held the second position in the ranking, followed by Norway (X tons) and Denmark (X tons). All these countries together took near 44% share of total imports.

Imports into Finland increased at an average annual rate of +13.7% from 2012 to 2021. At the same time, Norway (+20.7%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of +20.7% from 2012-2021. Sweden and Denmark experienced a relatively flat trend pattern. From 2012 to 2021, the share of Finland and Norway increased by +17 and +11 percentage points, respectively.

In value terms, the largest disperse dye importing markets in Scandinavia were Finland ($X), Sweden ($X) and Norway ($X), with a combined 86% share of total imports.

Among the main importing countries, Norway, with a CAGR of +23.4%, 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

In 2021, the import price in Scandinavia amounted to $X per ton, waning by -5% against the previous year. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the import price increased by 18% against the previous year. The level of import peaked at $X per ton in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid 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 Denmark (+2.9%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform