Scandinavia: Plastic Self-Adhesive Plate Market 2024

Plastic Self-Adhesive Plate Market Size in Scandinavia

After two years of growth, the Scandinavia plastic self-adhesive plate market decreased by -10.9% to $X in 2022. The total consumption indicated perceptible growth from 2012 to 2022: its value increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +55.9% against 2017 indices. The level of consumption peaked at $X in 2021, and then contracted in the following year.

Plastic Self-Adhesive Plate Production in Scandinavia

In value terms, plastic self-adhesive plate production declined dramatically to $X in 2022 estimated in export price. Over the period under review, production recorded a pronounced curtailment. The most prominent rate of growth was recorded in 2018 when the production volume increased by 59% against the previous year. Over the period under review, production hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Plastic Self-Adhesive Plate Exports

Exports in Scandinavia

In 2022, overseas shipments of plastic self-adhesive plates, sheets and other flat shapes decreased by -32.8% to X tons, falling for the second year in a row after three years of growth. Over the period under review, exports recorded a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, plastic self-adhesive plate exports plummeted to $X in 2022. In general, exports continue to indicate a slight descent. The pace of growth appeared the most rapid in 2021 when exports increased by 19% against the previous year. As a result, the exports attained the peak of $X, and then fell rapidly in the following year.

Exports by Country

Finland represented the major exporting country with an export of around X tons, which reached 74% of total exports. It was distantly followed by Sweden (X tons), comprising a 22% share of total exports. Norway (X tons) took a little share of total exports.

From 2012 to 2022, average annual rates of growth with regard to plastic self-adhesive plate exports from Finland stood at -8.1%. At the same time, Sweden (+6.0%) displayed positive paces of growth. Moreover, Sweden emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +6.0% from 2012-2022. Norway experienced a relatively flat trend pattern. Sweden (+16 p.p.) and Norway (+1.9 p.p.) significantly strengthened its position in terms of the total exports, while Finland saw its share reduced by -17.5% from 2012 to 2022, respectively.

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

Among the main exporting countries, Sweden, with a CAGR of +5.7%, 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

The export price in Scandinavia stood at $X per ton in 2022, surging by 13% against the previous year. Export price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, plastic self-adhesive plate export price increased by +34.0% against 2020 indices. The growth pace was the most rapid in 2016 an increase of 23% against the previous year. Over the period under review, the export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, 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 Finland (+3.2%), while the other leaders experienced mixed trends in the export price figures.

Plastic Self-Adhesive Plate Imports

Imports in Scandinavia

Plastic self-adhesive plate imports rose slightly to X tons in 2022, picking up by 4.6% on the previous year. The total import volume increased at an average annual rate of +3.0% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 12%. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, plastic self-adhesive plate imports totaled $X in 2022. The total import value increased at an average annual rate of +2.9% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 20%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.

Imports by Country

Sweden was the major importing country with an import of around X tons, which recorded 55% of total imports. Norway (X tons) held the second position in the ranking, followed by Finland (X tons). All these countries together held near 45% share of total imports.

From 2012 to 2022, average annual rates of growth with regard to plastic self-adhesive plate imports into Sweden stood at +2.5%. At the same time, Finland (+4.6%) and Norway (+3.0%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of +4.6% from 2012-2022. Finland (+3.1 p.p.) significantly strengthened its position in terms of the total imports, while Sweden saw its share reduced by -3% 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.

Finland, with a CAGR of +5.2%, recorded the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per ton, reducing by -3.9% against the previous year. In general, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the import price increased by 14%. As a result, import price reached the peak level of $X per ton, and then contracted in the following year.

Average prices varied somewhat amongst the major importing countries. In 2022, 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 Norway (+0.6%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform