Scandinavia: Market for Other Synthetic Organic Colouring Matters 2024

Market Size for Other Synthetic Organic Colouring Matters in Scandinavia

The Scandinavia synthetic organic colouring matters market reduced rapidly to $X in 2022, shrinking by -20.9% against the previous year. Overall, consumption continues to indicate a abrupt downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Production of Other Synthetic Organic Colouring Matters in Scandinavia

In value terms, synthetic organic colouring matters production dropped to $X in 2022 estimated in export price. Over the period under review, production showed a abrupt decline. The most prominent rate of growth was recorded in 2021 with an increase of 24% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Exports of Other Synthetic Organic Colouring Matters

Exports in Scandinavia

After six years of growth, shipments abroad of other synthetic organic colouring matters decreased by -21.3% to X tons in 2022. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 37% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, synthetic organic colouring matters exports dropped dramatically to $X in 2022. Overall, exports saw a perceptible contraction. The pace of growth appeared the most rapid in 2021 with an increase of 26% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Sweden represented the main exporter of other synthetic organic colouring matters in Scandinavia, with the volume of exports resulting at X tons, which was near 76% of total exports in 2022. It was distantly followed by Norway (X tons), achieving a 23% share of total exports.

Sweden experienced a relatively flat trend pattern with regard to volume of exports of other synthetic organic colouring matters. Norway experienced a relatively flat trend pattern. While the share of Sweden (+1.9 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) remains the largest synthetic organic colouring matters supplier in Scandinavia, comprising 72% of total exports. The second position in the ranking was held by Norway ($X), with a 24% share of total exports.

In Sweden, synthetic organic colouring matters exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per ton, with a decrease of -2.6% against the previous year. Over the period under review, the export price saw a abrupt contraction. The most prominent rate of growth was recorded in 2021 an increase of 15%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per ton), while Sweden amounted to $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (-1.4%).

Imports of Other Synthetic Organic Colouring Matters

Imports in Scandinavia

In 2022, synthetic organic colouring matters imports in Scandinavia dropped remarkably to X tons, which is down by -15.8% compared with the year before. Over the period under review, imports saw a noticeable decline. The pace of growth appeared the most rapid in 2021 when imports increased by 16%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, synthetic organic colouring matters imports reduced sharply to $X in 2022. In general, imports saw a pronounced slump. The pace of growth appeared the most rapid in 2021 with an increase of 22%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Sweden (X tons) and Norway (X tons) were the key importers of other synthetic organic colouring matters in Scandinavia, together recording approx. 75% of total imports. It was distantly followed by Finland (X tons), mixing up a 25% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Norway (with a CAGR of +2.3%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Norway ($X), Sweden ($X) and Finland ($X) were the countries with the highest levels of imports in 2022, with a combined 99.9% share of total imports.

In terms of the main importing countries, Norway, with a CAGR of -3.3%, saw the highest growth rate of 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 2022, the import price in Scandinavia amounted to $X per ton, shrinking by -4.1% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the import price increased by 35% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2022, the import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+3.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform