Scandinavia: Room Deodorants Market 2024

Room Deodorants Market Size in Scandinavia

In 2022, after six years of growth, there was decline in the Scandinavia room deodorants market, when its value decreased by -3.7% to $X. The total consumption indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +3.9% 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 +101.0% against 2015 indices. Over the period under review, the market reached the maximum level at $X in 2021, and then declined slightly in the following year.

Room Deodorants Production in Scandinavia

In value terms, room deodorants production skyrocketed to $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The level of production peaked at $X in 2016; however, from 2017 to 2022, production failed to regain momentum.

Room Deodorants Exports

Exports in Scandinavia

For the fourth year in a row, Scandinavia recorded growth in overseas shipments of preparations for perfuming or deodorising rooms, which increased by 13% to X tons in 2022. In general, exports, however, recorded a slight slump. The pace of growth was the most pronounced in 2020 with an increase of 25%. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, room deodorants exports reached $X in 2022. Over the period under review, exports recorded a temperate expansion. The pace of growth appeared the most rapid in 2017 with an increase of 48% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Exports by Country

Sweden dominates exports structure, accounting for X tons, which was approx. 93% of total exports in 2022. It was distantly followed by Finland (X tons), making up a 6.6% share of total exports.

Exports from Sweden decreased at an average annual rate of -1.8% from 2012 to 2022. At the same time, Finland (+9.9%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +9.9% from 2012-2022. From 2012 to 2022, the share of Finland increased by +4.3 percentage points.

In value terms, Sweden ($X) remains the largest room deodorants supplier in Scandinavia, comprising 93% of total exports. The second position in the ranking was taken by Finland ($X), with a 6.9% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Sweden amounted to +2.1%.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, declining by -9.7% against the previous year. Export price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2017 an increase of 30%. Over the period under review, the export prices hit record highs at $X per ton in 2021, and then shrank in the following year.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per ton), while Sweden totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+4.0%).

Room Deodorants Imports

Imports in Scandinavia

In 2022, overseas purchases of preparations for perfuming or deodorising rooms increased by 3.9% to X tons, rising for the seventh consecutive year after three years of decline. Total imports indicated a slight increase from 2012 to 2022: its volume increased at an average annual rate of +1.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +82.1% against 2015 indices. The growth pace was the most rapid in 2018 with an increase of 27% against the previous year. The volume of import peaked in 2022 and is likely to continue growth in the immediate term.

In value terms, room deodorants imports reduced modestly to $X in 2022. Total imports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +108.9% against 2015 indices. The pace of growth was the most pronounced in 2020 with an increase of 25%. Over the period under review, imports hit record highs at $X in 2021, and then reduced slightly in the following year.

Imports by Country

Sweden represented the main importing country with an import of around X tons, which resulted at 63% of total imports. It was distantly followed by Norway (X tons) and Finland (X tons), together mixing up a 37% share of total imports.

Sweden experienced a relatively flat trend pattern with regard to volume of imports of preparations for perfuming or deodorising rooms. At the same time, Finland (+3.0%) and Norway (+1.7%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of +3.0% from 2012-2022. Finland (+2.1 p.p.) significantly strengthened its position in terms of the total imports, while Sweden saw its share reduced by -2.7% 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.

Among the main importing countries, Sweden, with a CAGR of +4.2%, saw the highest growth rate of 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 ton in 2022, shrinking by -6.3% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2013 when the import price increased by 15% against the previous year. The level of import peaked at $X per ton in 2021, and then shrank in the following year.

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 (+3.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform