Scandinavia: Market for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone 2024

Market Size for Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in Scandinavia

In 2021, the Scandinavia market for tiles, flagstones and similar articles of cement, concrete or artificial stone increased by 23% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +2.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone in Scandinavia

In value terms, production of tiles, flagstones and similar articles of cement, concrete or artificial stone skyrocketed to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.1% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Exports in Scandinavia

After two years of growth, overseas shipments of tiles, flagstones and similar articles of cement, concrete or artificial stone decreased by -4.7% to X tons in 2021. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when exports increased by 27% against the previous year. As a result, the exports attained the peak of X tons, and then declined in the following year.

In value terms, exports of tiles, flagstones and similar articles of cement, concrete or artificial stone expanded notably to $X in 2021. Overall, exports continue to indicate a mild descent. The growth pace was the most rapid in 2015 with an increase of 17%. As a result, the exports attained the peak of $X. From 2016 to 2021, the growth of the exports of failed to regain momentum.

Exports by Country

In 2021, Sweden (X tons) and Denmark (X tons) were the major exporters of tiles, flagstones and similar articles of cement, concrete or artificial stone in Scandinavia, together making up 86% of total exports. It was distantly followed by Finland (X tons), committing a 14% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Finland (with a CAGR of +32.3%), while the other leaders experienced mixed trends in the exports figures.

In value terms, the largest tiles, flagstones and similar articles of cement, concrete or artificial stone supplying countries in Scandinavia were Sweden ($X), Denmark ($X) and Finland ($X), together accounting for 99% of total exports.

Finland, with a CAGR of +28.8%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2021, picking up by 16% against the previous year. Over the period under review, the export price, however, showed a perceptible downturn. Over the period under review, the export prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2021, the country with the highest price was Denmark ($X per ton), while Finland ($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 (-2.0%), while the other leaders experienced a decline in the export price figures.

Imports of Tiles, Flagstones And Similar Articles Of Cement, Concrete Or Artificial Stone

Imports in Scandinavia

In 2021, the amount of tiles, flagstones and similar articles of cement, concrete or artificial stone imported in Scandinavia shrank to X tons, which is down by -13% against 2020. Overall, imports showed a drastic downturn. The pace of growth was the most pronounced in 2020 when imports increased by 15% against the previous year. Over the period under review, imports of attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, imports of tiles, flagstones and similar articles of cement, concrete or artificial stone rose notably to $X in 2021. Over the period under review, imports recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 22%. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Norway was the largest importing country with an import of around X tons, which accounted for 44% of total imports. Denmark (X tons) took a 24% share (based on physical terms) of total imports, which put it in second place, followed by Finland (17%) and Sweden (14%).

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Denmark (with a CAGR of +1.3%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest tiles, flagstones and similar articles of cement, concrete or artificial stone importing markets in Scandinavia were Sweden ($X), Norway ($X) and Denmark ($X), with a combined 84% share of total imports.

Denmark, with a CAGR of +3.0%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2021, with an increase of 24% against the previous year. Over the last nine years, it increased at an average annual rate of +3.9%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Sweden ($X per ton), while Norway ($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 (+10.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform