Scandinavia: Plastic Ornamental Articles Market 2024

Plastic Ornamental Articles Exports

Exports in Scandinavia

In 2022, exports of statuettes and other ornamental articles of plastic in Scandinavia skyrocketed to X tons, increasing by 36% against the previous year. Over the period under review, exports enjoyed a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, plastic ornamental articles exports surged to $X in 2022. Overall, exports showed a resilient expansion. The pace of growth appeared the most rapid in 2013 with an increase of 33% against the previous year. The level of export peaked in 2022 and is likely to see steady growth in the near future.

Exports by Country

Sweden dominates exports structure, recording X tons, which was near 97% of total exports in 2022. Norway (X tons) held a minor share of total exports.

Sweden was also the fastest-growing in terms of the statuettes and other ornamental articles of plastic exports, with a CAGR of +13.6% from 2012 to 2022. Norway experienced a relatively flat trend pattern. While the share of Sweden (+11 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Norway (-2.9 p.p.) displayed negative dynamics.

In value terms, Sweden ($X) remains the largest plastic ornamental articles supplier in Scandinavia, comprising 94% of total exports. The second position in the ranking was taken by Norway ($X), with a 1.6% share of total exports.

In Sweden, plastic ornamental articles exports increased at an average annual rate of +10.5% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per ton, which is down by -14% against the previous year. Over the period under review, the export price recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 an increase of 19% against the previous year. The level of export peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Norway ($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 (-2.7%).

Plastic Ornamental Articles Imports

Imports in Scandinavia

Plastic ornamental articles imports was estimated at X tons in 2022, growing by 4.8% against the previous year. Total imports indicated resilient growth from 2012 to 2022: its volume increased at an average annual rate of +5.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -1.5% against 2019 indices. The pace of growth was the most pronounced in 2019 when imports increased by 40% against the previous year. As a result, imports attained the peak of X tons. From 2020 to 2022, the growth of imports remained at a lower figure.

In value terms, plastic ornamental articles imports reached $X in 2022. Total imports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +5.4% 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 +67.8% against 2015 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 30%. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

Imports by Country

Sweden represented the major importer of statuettes and other ornamental articles of plastic in Scandinavia, with the volume of imports recording X tons, which was near 62% of total imports in 2022. Norway (X tons) took a 26% share (based on physical terms) of total imports, which put it in second place, followed by Finland (11%).

Sweden was also the fastest-growing in terms of the statuettes and other ornamental articles of plastic imports, with a CAGR of +8.9% from 2012 to 2022. At the same time, Norway (+1.3%) displayed positive paces of growth. Finland experienced a relatively flat trend pattern. From 2012 to 2022, the share of Sweden increased by +19 percentage points.

In value terms, the largest plastic ornamental articles importing markets in Scandinavia were Sweden ($X), Norway ($X) and Finland ($X), with a combined 99.9% share of total imports.

Sweden, with a CAGR of +8.0%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2022, increasing by 8.5% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 26% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

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 (+3.0%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform