Scandinavia: Plastic Lavatory Seat Market 2024

Plastic Lavatory Seat Market Size in Scandinavia

In 2021, after four years of growth, there was significant decline in the Scandinavia plastic lavatory seat market, when its value decreased by -8% to $X. The market value increased at an average annual rate of +2.1% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, consumption attained the peak level of $X, and then reduced in the following year.

Plastic Lavatory Seat Production in Scandinavia

In value terms, plastic lavatory seat production fell remarkably to $X in 2021 estimated in export price. Over the period under review, production recorded a abrupt curtailment. The growth pace was the most rapid in 2019 when the production volume increased by 307% against the previous year. Over the period under review, production hit record highs at $X in 2020, and then reduced rapidly in the following year.

Plastic Lavatory Seat Exports

Exports in Scandinavia

In 2021, overseas shipments of plastic lavatory seats and covers increased by 3.9% to X units, rising for the second consecutive year after four years of decline. In general, exports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 with an increase of 12%. As a result, the exports reached the peak of X units. From 2016 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, plastic lavatory seat exports expanded significantly to $X in 2021. Overall, exports recorded a modest increase. The pace of growth appeared the most rapid in 2017 when exports increased by 17% against the previous year. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Sweden was the major exporter of plastic lavatory seats and covers in Scandinavia, with the volume of exports reaching X units, which was approx. 84% of total exports in 2021. It was distantly followed by Finland (X units), comprising a 13% share of total exports. Norway (X units) took a relatively small share of total exports.

Sweden experienced a relatively flat trend pattern with regard to volume of exports of plastic lavatory seats and covers. At the same time, Finland (+2.3%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +2.3% from 2012-2021. By contrast, Norway (-4.9%) illustrated a downward trend over the same period. Finland (+2.8 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) remains the largest plastic lavatory seat supplier in Scandinavia, comprising 80% of total exports. The second position in the ranking was taken by Finland ($X), with a 16% share of total exports.

In Sweden, plastic lavatory seat exports increased at an average annual rate of +1.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Finland (-1.1% per year) and Norway (-0.1% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per unit in 2021, picking up by 6.7% against the previous year. Over the last nine years, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2017 when the export price increased by 19%. Over the period under review, the export prices attained the peak figure in 2021 and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Norway ($X per unit), while Sweden ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+5.1%), while the other leaders experienced mixed trends in the export price figures.

Plastic Lavatory Seat Imports

Imports in Scandinavia

In 2021, overseas purchases of plastic lavatory seats and covers increased by 7.1% to X units, rising for the second year in a row after three years of decline. The total import volume increased at an average annual rate of +3.8% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 18%. The volume of import peaked in 2021 and is expected to retain growth in years to come.

In value terms, plastic lavatory seat imports soared to $X in 2021. The total import value increased at an average annual rate of +3.1% over the period from 2012 to 2021; the trend pattern remained relatively stable, with only minor 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

Sweden represented the main importer of plastic lavatory seats and covers in Scandinavia, with the volume of imports resulting at X units, which was approx. 55% of total imports in 2021. Norway (X units) ranks second in terms of the total imports with a 26% share, followed by Finland (19%).

Imports into Sweden increased at an average annual rate of +4.1% from 2012 to 2021. At the same time, Finland (+8.0%) and Norway (+1.0%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of +8.0% from 2012-2021. While the share of Finland (+5.7 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Norway (-7.2 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest plastic lavatory seat importing markets in Scandinavia were Sweden ($X), Norway ($X) and Finland ($X).

In terms of the main importing countries, Finland, with a CAGR of +6.8%, recorded 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, with an increase of 12% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. Over the period under review, import prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Average prices varied somewhat amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Norway ($X per unit), while Sweden ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (-0.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform