Scandinavia: Cushion Cover Market 2025

Cushion Cover Market Size in Scandinavia

In 2021, the Scandinavia cushion cover market increased by 6.4% to $X, rising for the second consecutive year after seven years of decline. Over the period under review, consumption, however, recorded a abrupt decline. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Cushion Cover Production in Scandinavia

In value terms, cushion cover production declined to $X in 2021 estimated in export price. In general, production recorded a deep downturn. The pace of growth appeared the most rapid in 2020 with an increase of 55% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Cushion Cover Exports

Exports in Scandinavia

After five years of growth, overseas shipments of furnishing articles for car seats decreased by -1.6% to X tons in 2021. In general, exports recorded a abrupt downturn. The most prominent rate of growth was recorded in 2019 when exports increased by 14% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, cushion cover exports expanded slightly to $X in 2021. Over the period under review, exports continue to indicate a pronounced shrinkage. The growth pace was the most rapid in 2019 with an increase of 18% against the previous year. Over the period under review, the exports attained the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Sweden dominates exports structure, accounting for X tons, which was near 92% of total exports in 2021. It was distantly followed by Finland (X tons), comprising a 5% share of total exports. Norway (X tons) followed a long way behind the leaders.

Exports from Sweden decreased at an average annual rate of -5.9% from 2012 to 2021. At the same time, Finland (+1.2%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +1.2% from 2012-2021. By contrast, Norway (-2.9%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Finland increased by +2.3 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) remains the largest cushion cover supplier in Scandinavia, comprising 83% of total exports. The second position in the ranking was held by Finland ($X), with a 14% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Sweden totaled -3.4%. The remaining exporting countries recorded the following average annual rates of exports growth: Finland (+3.2% per year) and Norway (-9.6% per year).

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per ton, with an increase of 3.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.7%. The pace of growth was the most pronounced in 2020 an increase of 13%. The level of export peaked in 2021 and is likely to see steady growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+2.6%), while the other leaders experienced mixed trends in the export price figures.

Cushion Cover Imports

Imports in Scandinavia

In 2021, imports of furnishing articles for car seats in Scandinavia totaled X tons, surging by 14% against the previous year's figure. The total import volume increased at an average annual rate of +2.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of 16%. The volume of import peaked in 2021 and is expected to retain growth in years to come.

In value terms, cushion cover imports rose remarkably to $X in 2021. The total import value increased at an average annual rate of +1.8% over the period from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Sweden was the major importer of furnishing articles for car seats in Scandinavia, with the volume of imports recording X tons, which was approx. 59% of total imports in 2021. Norway (X tons) took a 29% share (based on physical terms) of total imports, which put it in second place, followed by Finland (12%).

Sweden was also the fastest-growing in terms of the furnishing articles for car seats imports, with a CAGR of +3.4% from 2012 to 2021. At the same time, Norway (+2.8%) displayed positive paces of growth. Finland experienced a relatively flat trend pattern. From 2012 to 2021, the share of Sweden increased by +3 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest cushion cover importing markets in Scandinavia were Sweden ($X), Norway ($X) and Finland ($X).

Among the main importing countries, Sweden, with a CAGR of +2.2%, saw the highest growth rate of 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, standing approx. at 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 import price increased by 8% against the previous year. Over the period under review, import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Finland ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+0.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform