Scandinavia: Non-Cellular Polypropylene Film Market 2024

Non-Cellular Polypropylene Film Market Size in Scandinavia

The Scandinavia non-cellular polypropylene film market rose significantly to $X in 2021, surging by 12% against the previous year. The total consumption indicated modest growth from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -7.6% against 2019 indices. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Non-Cellular Polypropylene Film Production in Scandinavia

In value terms, non-cellular polypropylene film production skyrocketed to $X in 2021 estimated in export price. The total production indicated a modest increase from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -13.0% against 2018 indices. The pace of growth was the most pronounced in 2018 with an increase of 31%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Non-Cellular Polypropylene Film Exports

Exports in Scandinavia

In 2021, overseas shipments of non-cellular polypropylene films, sheets, foil and strip were finally on the rise to reach X tons after two years of decline. In general, exports, however, showed a pronounced curtailment. The growth pace was the most rapid in 2016 with an increase of 12% against the previous year. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, non-cellular polypropylene film exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +1.4% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Sweden (X tons) and Finland (X tons) were the largest exporters of non-cellular polypropylene films, sheets, foil and strip in Scandinavia, together making up 80% of total exports. It was distantly followed by Norway (X tons), achieving a 20% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Norway (with a CAGR of +6.9%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Finland ($X), Sweden ($X) and Norway ($X) were the countries with the highest levels of exports in 2021.

Among the main exporting countries, Norway, with a CAGR of +6.6%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per ton, rising by 18% against the previous year. Over the last nine years, it increased at an average annual rate of +3.7%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Norway ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+5.0%), while the other leaders experienced a decline in the export price figures.

Non-Cellular Polypropylene Film Imports

Imports in Scandinavia

In 2021, the amount of non-cellular polypropylene films, sheets, foil and strip imported in Scandinavia contracted to X tons, waning by -10.2% against 2020 figures. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 20% against the previous year. As a result, imports reached the peak of X tons, and then shrank in the following year.

In value terms, non-cellular polypropylene film imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +1.3% over the period from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Sweden represented the key importing country with an import of around X tons, which finished at 51% of total imports. It was distantly followed by Finland (X tons) and Norway (X tons), together making up a 49% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Sweden (with a CAGR of +5.0%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Sweden ($X) constitutes the largest market for imported non-cellular polypropylene films, sheets, foil and strip in Scandinavia, comprising 54% of total imports. The second position in the ranking was taken by Finland ($X), with a 24% share of total imports.

From 2012 to 2021, the average annual rate of growth in terms of value in Sweden totaled +4.3%. In the other countries, the average annual rates were as follows: Finland (-2.1% per year) and Norway (-0.2% per year).

Import Prices by Country

In 2021, the import price in Scandinavia amounted to $X per ton, increasing by 39% against the previous year. In general, the import price showed a relatively flat trend pattern. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2021, 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 Norway (+1.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform