Scandinavia: Plastic Household Ware Market 2024

Plastic Household Ware Market Size in Scandinavia

The Scandinavia plastic household ware market skyrocketed to $X in 2021, jumping by 15% against the previous year. Overall, consumption continues to indicate a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Plastic Household Ware Production in Scandinavia

In value terms, plastic household ware production skyrocketed to $X in 2021 estimated in export price. In general, production, however, continues to indicate a perceptible slump. The growth pace was the most rapid in 2016 when the production volume increased by 32% against the previous year. As a result, production attained the peak level of $X. From 2017 to 2021, production growth failed to regain momentum.

Plastic Household Ware Exports

Exports in Scandinavia

In 2021, after two years of decline, there was growth in overseas shipments of plastics household articles and toilet articles, when their volume increased by 1.8% to X tons. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 24%. The volume of export peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, plastic household ware exports expanded sharply to $X in 2021. The total export value increased at an average annual rate of +2.1% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of 14%. Over the period under review, the exports hit record highs in 2021 and are expected to retain growth in the near future.

Exports by Country

Sweden represented the major exporting country with an export of around X tons, which finished at 56% of total exports. It was distantly followed by Denmark (X tons) and Finland (X tons), together mixing up a 43% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Finland (with a CAGR of +10.0%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Denmark ($X), Sweden ($X) and Finland ($X) constituted the countries with the highest levels of exports in 2021, together comprising 99% of total exports.

In terms of the main exporting countries, Finland, with a CAGR of +9.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2021, rising by 10% against the previous year. Over the last nine-year period, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2019 an increase of 17%. Over the period under review, the export prices hit record highs in 2021 and is likely to continue growth in the near future.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Denmark ($X per ton), while Sweden ($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 (+3.4%), while the other leaders experienced mixed trends in the export price figures.

Plastic Household Ware Imports

Imports in Scandinavia

In 2021, overseas purchases of plastics household articles and toilet articles increased by 2.4% to X tons for the first time since 2018, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +1.4% from 2012 to 2021; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 when imports increased by 18%. As a result, imports attained the peak of X tons. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, plastic household ware imports skyrocketed to $X in 2021. In general, imports recorded a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Denmark (X tons) and Sweden (X tons) represented roughly 72% of total imports in 2021. It was distantly followed by Norway (X tons) and Finland (X tons), together achieving a 26% share of total imports. Iceland (X tons) held a minor share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Iceland (with a CAGR of +6.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic household ware importing markets in Scandinavia were Sweden ($X), Denmark ($X) and Norway ($X), together comprising 87% of total imports. These countries were followed by Finland and Iceland, which together accounted for a further 13%.

Iceland, with a CAGR of +3.0%, saw the highest rates of growth with regard to the value of imports, among 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

The import price in Scandinavia stood at $X per ton in 2021, growing by 14% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The level of import peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Norway ($X per ton), while Denmark ($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 (+1.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform