Scandinavia: Market for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber 2022

Market Size for Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber in Scandinavia

The Scandinavia solid vulcanised rubber sheet market contracted to $X in 2021, falling by -8.3% against the previous year. In general, consumption continues to indicate a deep slump. The most prominent rate of growth was recorded in 2017 with an increase of 9.5%. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber in Scandinavia

In value terms, solid vulcanised rubber sheet production reduced to $X in 2021 estimated in export price. Overall, production showed a abrupt descent. The pace of growth appeared the most rapid in 2017 when the production volume increased by 30%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber

Exports in Scandinavia

Solid vulcanised rubber sheet exports skyrocketed to X tons in 2021, growing by 26% against the previous year. Total exports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +6.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, solid vulcanised rubber sheet exports soared to $X in 2021. Overall, exports posted resilient growth. The most prominent rate of growth was recorded in 2017 when exports increased by 41% against the previous year. The level of export peaked in 2021 and is expected to retain growth in the immediate term.

Exports by Country

In 2021, Sweden (X tons) was the key exporter of plates, sheets, strips for floor covering of solid vulcanised rubber, generating 87% of total exports. It was distantly followed by Denmark (X tons), comprising an 11% share of total exports.

Sweden was also the fastest-growing in terms of the plates, sheets, strips for floor covering of solid vulcanised rubber exports, with a CAGR of +8.3% from 2012 to 2021. Denmark experienced a relatively flat trend pattern. While the share of Sweden (+11 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Denmark (-10.2 p.p.) displayed negative dynamics.

In value terms, Sweden ($X) remains the largest solid vulcanised rubber sheet supplier in Scandinavia, comprising 86% of total exports. The second position in the ranking was held by Denmark ($X), with a 9.5% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Sweden amounted to +11.1%.

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per ton, surging by 6.5% against the previous year. Over the last nine years, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2017 when the export price increased by 14% against the previous year. Over the period under review, the export prices attained the peak figure in 2021 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Sweden ($X per ton), while Denmark totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+2.6%).

Imports of Plates, Sheets, Strips For Floor Covering Of Solid Vulcanised Rubber

Imports in Scandinavia

Solid vulcanised rubber sheet imports amounted to X tons in 2021, increasing by 9.3% compared with 2020 figures. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. Over the period under review, imports attained the maximum at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, solid vulcanised rubber sheet imports surged to $X in 2021. In general, imports saw a relatively flat trend pattern. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Sweden (X tons), Denmark (X tons), Norway (X tons) and Finland (X tons) represented roughly 95% of total imports in 2021. It was distantly followed by Iceland (X tons), creating a 5.4% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Iceland (with a CAGR of +10.4%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest solid vulcanised rubber sheet importing markets in Scandinavia were Denmark ($X), Sweden ($X) and Norway ($X), together accounting for 83% of total imports. These countries were followed by Finland and Iceland, which together accounted for a further 17%.

Among the main importing countries, Iceland, with a CAGR of +10.8%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2021, the import price in Scandinavia amounted to $X per ton, with an increase of 12% against the previous year. Overall, the import price saw a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Denmark ($X per ton), while Iceland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+3.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform