Scandinavia: Linoleum Market 2024

Linoleum Market Size in Scandinavia

For the fourth year in a row, the Scandinavia linoleum market recorded decline in sales value, which decreased by -1.3% to $X in 2021. Overall, consumption showed a abrupt slump. The most prominent rate of growth was recorded in 2017 when the market value increased by 8.3% against the previous year. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Linoleum Production in Scandinavia

In value terms, linoleum production expanded modestly to $X in 2021 estimated in export price. Over the period under review, production, however, showed a perceptible slump. The growth pace was the most rapid in 2017 when the production volume increased by 13% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Linoleum Exports

Exports in Scandinavia

In 2021, shipments abroad of linoleum was finally on the rise to reach X square meters after two years of decline. Over the period under review, exports, however, recorded a mild reduction. Over the period under review, the exports attained the maximum at X square meters in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, linoleum exports amounted to $X in 2021. Overall, exports, however, saw a perceptible descent. The pace of growth appeared the most rapid in 2013 with an increase of 12%. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

In 2021, Sweden (X square meters) represented the key exporter of linoleum, committing 77% of total exports. It was distantly followed by Denmark (X square meters) and Iceland (X square meters), together comprising a 23% share of total exports.

Exports from Sweden decreased at an average annual rate of -2.9% from 2012 to 2021. At the same time, Iceland (+67.1%) and Denmark (+5.2%) displayed positive paces of growth. Moreover, Iceland emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +67.1% from 2012-2021. From 2012 to 2021, the share of Iceland and Denmark increased by +8.6 and +6 percentage points, respectively.

In value terms, Sweden ($X) remains the largest linoleum supplier in Scandinavia, comprising 80% of total exports. The second position in the ranking was held by Denmark ($X), with a 19% share of total exports.

In Sweden, linoleum exports contracted by an average annual rate of -2.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Denmark (+2.7% per year) and Iceland (+7.5% per year).

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per square meter, approximately reflecting the previous year. Over the period under review, the export price saw a slight reduction. The most prominent rate of growth was recorded in 2017 an increase of 18% against the previous year. Over the period under review, the export prices attained the peak figure at $X per square meter in 2014; however, from 2015 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 ($X per square meter), while Iceland ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+0.1%), while the other leaders experienced a decline in the export price figures.

Linoleum Imports

Imports in Scandinavia

For the fourth year in a row, Scandinavia recorded decline in supplies from abroad of linoleum, which decreased by -3.5% to X square meters in 2021. In general, imports continue to indicate a pronounced setback. The most prominent rate of growth was recorded in 2014 when imports increased by 3.2%. The volume of import peaked at X square meters in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, linoleum imports totaled $X in 2021. Overall, imports showed a deep contraction. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Sweden (X square meters) represented the largest importer of linoleum, generating 57% of total imports. Denmark (X square meters) took the second position in the ranking, distantly followed by Norway (X square meters). All these countries together took near 39% share of total imports. The following importers - Finland (X square meters) and Iceland (X square meters) - together made up 4.9% of total imports.

From 2012 to 2021, the biggest increases were recorded for Iceland (with a CAGR of +1.3%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Sweden ($X), Denmark ($X) and Norway ($X) were the countries with the highest levels of imports in 2021, together accounting for 95% of total imports. Finland and Iceland lagged somewhat behind, together comprising a further 5.5%.

In terms of the main importing countries, Iceland, with a CAGR of -1.0%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in Scandinavia amounted to $X per square meter, increasing by 6.5% against the previous year. In general, the import price, however, continues to indicate a perceptible downturn. The level of import peaked at $X per square meter in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Norway ($X per square meter) and Finland ($X per square meter), while Sweden ($X per square meter) and Denmark ($X per square meter) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+0.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform