Scandinavia: Market for Plastic Tableware And Kitchenware 2024

Market Size for Plastic Tableware And Kitchenware in Scandinavia

The Scandinavia plastic tableware and kitchenware market contracted slightly to $X in 2022, remaining constant against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market remained at a lower figure.

Production of Plastic Tableware And Kitchenware in Scandinavia

In value terms, plastic tableware and kitchenware production soared to $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 48%. As a result, production attained the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

Exports of Plastic Tableware And Kitchenware

Exports in Scandinavia

For the fifth year in a row, Scandinavia recorded decline in shipments abroad of plastic tableware and kitchenware, which decreased by -5.2% to X tons in 2022. Overall, exports showed a abrupt slump. The pace of growth was the most pronounced in 2017 with an increase of 2% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, plastic tableware and kitchenware exports reached $X in 2022. In general, exports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when exports increased by 7.7% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sweden represented the largest exporter of plastic tableware and kitchenware in Scandinavia, with the volume of exports resulting at X tons, which was approx. 84% of total exports in 2022. It was distantly followed by Finland (X tons), mixing up a 13% share of total exports. Norway (X tons) took a little share of total exports.

Exports from Sweden decreased at an average annual rate of -5.8% from 2012 to 2022. Finland experienced a relatively flat trend pattern. Norway (-4.1%) illustrated a downward trend over the same period. While the share of Finland (+5.6 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Sweden (-5.9 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) remains the largest plastic tableware and kitchenware supplier in Scandinavia, comprising 85% of total exports. The second position in the ranking was held by Finland ($X), with a 12% share of total exports.

In Sweden, plastic tableware and kitchenware exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Finland (+1.2% per year) and Norway (-4.2% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, growing by 5.5% against the previous year. Export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic tableware and kitchenware export price increased by +68.5% against 2015 indices. The growth pace was the most rapid in 2018 an increase of 16%. Over the period under review, the export prices attained the maximum in 2022 and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Norway ($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 (+5.2%), while the other leaders experienced mixed trends in the export price figures.

Imports of Plastic Tableware And Kitchenware

Imports in Scandinavia

Plastic tableware and kitchenware imports fell modestly to X tons in 2022, shrinking by -4% on the previous year's figure. Overall, imports continue to indicate a slight curtailment. The most prominent rate of growth was recorded in 2014 when imports increased by 6.8%. As a result, imports reached the peak of X tons. From 2015 to 2022, the growth of imports failed to regain momentum.

In value terms, plastic tableware and kitchenware imports dropped slightly to $X in 2022. Over the period under review, imports continue to indicate a mild setback. The most prominent rate of growth was recorded in 2021 when imports increased by 20% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Sweden represented the largest importer of plastic tableware and kitchenware in Scandinavia, with the volume of imports reaching X tons, which was approx. 57% of total imports in 2022. Norway (X tons) ranks second in terms of the total imports with a 23% share, followed by Finland (20%).

Imports into Sweden decreased at an average annual rate of -1.6% from 2012 to 2022. Finland experienced a relatively flat trend pattern. Norway (-2.7%) illustrated a downward trend over the same period. Finland (+3.1 p.p.) significantly strengthened its position in terms of the total imports, while Norway saw its share reduced by -2.8% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X), Norway ($X) and Finland ($X) were the countries with the highest levels of imports in 2022.

In terms of the main importing countries, Sweden, with a CAGR of -0.5%, 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, surging by 2.5% against the previous year. In general, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by 15% against the previous year. The level of import peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Norway ($X per ton), while Sweden ($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 (+1.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform