Scandinavia: Modelling Pastes Market 2025

Modelling Pastes Market Size in Scandinavia

For the third consecutive year, the Scandinavia modelling pastes market recorded decline in sales value, which decreased by -6% to $X in 2021. The market value increased at an average annual rate of +3.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The level of consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Modelling Pastes Production in Scandinavia

In value terms, modelling pastes production contracted to $X in 2021 estimated in export price. In general, production, however, continues to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 when the production volume increased by 355% against the previous year. Over the period under review, production attained the maximum level at $X in 2020, and then dropped in the following year.

Modelling Pastes Exports

Exports in Scandinavia

In 2021, shipments abroad of modelling pastes, dental wax and dental impression compounds increased by 6.2% to X tons, rising for the fifth year in a row after two years of decline. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2014 with an increase of 403%. The volume of export peaked in 2021 and is likely to see steady growth in the near future.

In value terms, modelling pastes exports rose remarkably to $X in 2021. Overall, exports saw resilient growth. The pace of growth appeared the most rapid in 2014 with an increase of 177%. The level of export peaked in 2021 and is expected to retain growth in years to come.

Exports by Country

Sweden dominates exports structure, reaching X tons, which was approx. 93% of total exports in 2021. It was distantly followed by Denmark (X tons), generating a 6.4% share of total exports.

Sweden was also the fastest-growing in terms of the modelling pastes, dental wax and dental impression compounds exports, with a CAGR of +42.4% from 2012 to 2021. At the same time, Denmark (+16.1%) displayed positive paces of growth. While the share of Sweden (+28 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Denmark (-21.6 p.p.) displayed negative dynamics.

In value terms, Sweden ($X) remains the largest modelling pastes supplier in Scandinavia, comprising 79% of total exports. The second position in the ranking was taken by Denmark ($X), with a 15% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Sweden stood at +28.7%.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2021, increasing by 3.5% against the previous year. In general, the export price, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2015 an increase of 47%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (-4.0%).

Modelling Pastes Imports

Imports in Scandinavia

Modelling pastes imports soared to X tons in 2021, jumping by 63% against 2020. In general, imports posted a resilient increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, modelling pastes imports surged to $X in 2021. Total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Denmark was the major importing country with an import of about X tons, which reached 59% of total imports. Sweden (X tons) took the second position in the ranking, distantly followed by Norway (X tons) and Finland (X tons). All these countries together held near 41% share of total imports.

Denmark was also the fastest-growing in terms of the modelling pastes, dental wax and dental impression compounds imports, with a CAGR of +20.0% from 2012 to 2021. At the same time, Sweden (+7.7%) and Norway (+3.2%) displayed positive paces of growth. By contrast, Finland (-1.6%) illustrated a downward trend over the same period. Denmark (+29 p.p.) significantly strengthened its position in terms of the total imports, while Norway, Sweden and Finland saw its share reduced by -6.5%, -9.4% and -13.1% from 2012 to 2021, respectively.

In value terms, the largest modelling pastes importing markets in Scandinavia were Denmark ($X), Sweden ($X) and Finland ($X), together comprising 87% of total imports.

Denmark, with a CAGR of +13.4%, saw the highest growth rate of the value of imports, in terms of the main importing countries 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, reducing by -17.3% against the previous year. Over the period under review, the import price continues to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 when the import price increased by 6.3% against the previous year. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, among the top suppliers, the country with the highest price was Finland ($X per ton), while Denmark ($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 (+3.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform