Scandinavia: Mould For Glass Market 2025

Mould For Glass Market Size in Scandinavia

In 2021, the Scandinavia mould for glass market increased by 13% to $X for the first time since 2017, thus ending a three-year declining trend. In general, consumption recorded a remarkable increase. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2021, consumption remained at a lower figure.

Mould For Glass Production in Scandinavia

In value terms, mould for glass production fell to $X in 2021 estimated in export price. Over the period under review, production, however, recorded noticeable growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by 38%. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2021, production stood at a somewhat lower figure.

Mould For Glass Exports

Exports in Scandinavia

In 2021, overseas shipments of moulds for glass decreased by -13.3% to X units for the first time since 2018, thus ending a two-year rising trend. Overall, exports showed a slight reduction. The most prominent rate of growth was recorded in 2016 with an increase of 11,282% against the previous year. As a result, the exports attained the peak of X units. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, mould for glass exports soared to $X in 2021. Over the period under review, exports, however, showed a buoyant expansion. The pace of growth appeared the most rapid in 2016 with an increase of 4,613%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in the near future.

Exports by Country

Denmark prevails in exports structure, amounting to X units, which was near 90% of total exports in 2021. It was distantly followed by Norway (X units), constituting a 5.8% share of total exports. Sweden (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to mould for glass exports from Denmark stood at -2.5%. At the same time, Norway (+49.8%) and Sweden (+13.4%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +49.8% from 2012-2021. While the share of Norway (+5.7 p.p.) and Sweden (+3.1 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Denmark (-8.2 p.p.) displayed negative dynamics.

In value terms, Denmark ($X) remains the largest mould for glass supplier in Scandinavia, comprising 92% of total exports. The second position in the ranking was taken by Sweden ($X), with a 5% share of total exports.

In Denmark, mould for glass exports increased at an average annual rate of +12.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Sweden (+25.5% per year) and Norway (+43.6% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per unit in 2021, surging by 46% against the previous year. Overall, the export price saw a resilient increase. The pace of growth appeared the most rapid in 2014 when the export price increased by 91%. Over the period under review, the export prices hit record highs in 2021 and is expected to retain growth in the near future.

Prices varied noticeably country of origin: the country with the highest price was Sweden ($X per unit), while Norway ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+15.0%), while the other leaders experienced mixed trends in the export price figures.

Mould For Glass Imports

Imports in Scandinavia

In 2021, imports of moulds for glass in Scandinavia surged to X units, jumping by 66% compared with 2020 figures. Overall, imports showed a strong increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, mould for glass imports surged to $X in 2021. Total imports indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Denmark (X units) and Sweden (X units) dominates imports structure, together generating 97% of total imports. Finland (X units) took a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +10.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Sweden ($X) and Finland ($X) were the countries with the highest levels of imports in 2021, with a combined 100% share of total imports.

Among the main importing countries, Finland, with a CAGR of +8.0%, 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 unit in 2021, shrinking by -5.1% against the previous year. In general, the import price showed a noticeable curtailment. The most prominent rate of growth was recorded in 2016 when the import price increased by 30%. The level of import peaked at $X per unit in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Finland ($X per unit), while Sweden ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+3.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform