Sweden: Plaster Article Market 2024

Plaster Article Market Size in Sweden

The Swedish plaster article market expanded sharply to $X in 2021, growing by 9.3% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +1.0% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. Plaster article consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Plaster Article Exports

Exports from Sweden

In 2021, plaster article exports from Sweden dropped significantly to X tons, which is down by -25.3% compared with the previous year's figure. Over the period under review, exports recorded a noticeable descent. The pace of growth was the most pronounced in 2017 when exports increased by 197%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, plaster article exports reduced notably to $X in 2021. Overall, exports saw a perceptible curtailment. The most prominent rate of growth was recorded in 2017 with an increase of 104% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

Exports by Country

Denmark (X tons), Norway (X tons) and Finland (X tons) were the main destinations of plaster article exports from Sweden, with a combined 93% share of total exports. Estonia lagged somewhat behind, comprising a further 3.6%.

From 2012 to 2021, the biggest increases were in Estonia (with a CAGR of +66.1%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Denmark ($X), Norway ($X) and Finland ($X) appeared to be the largest markets for plaster article exported from Sweden worldwide, with a combined 75% share of total exports. Estonia lagged somewhat behind, comprising a further 7.6%.

Estonia, with a CAGR of +42.6%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average plaster article export price stood at $X per ton in 2021, remaining stable against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. The pace of growth appeared the most rapid in 2016 an increase of 56%. As a result, the export price reached the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+10.7%), while the prices for the other major destinations experienced mixed trend patterns.

Plaster Article Imports

Imports into Sweden

In 2021, supplies from abroad of articles of plaster or of compositions based on plaster decreased by -4.6% to X tons, falling for the fourth consecutive year after six years of growth. The total import volume increased at an average annual rate of +2.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2015 with an increase of 16%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, plaster article imports rose significantly to $X in 2021. Overall, imports saw 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

In 2021, Norway (X tons) constituted the largest supplier of plaster article to Sweden, with a 62% share of total imports. Moreover, plaster article imports from Norway exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), fivefold. Denmark (X tons) ranked third in terms of total imports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume from Norway totaled +3.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-8.4% per year) and Denmark (+11.4% per year).

In value terms, Norway ($X) constituted the largest supplier of plaster article to Sweden, comprising 64% of total imports. The second position in the ranking was taken by Denmark ($X), with an 11% share of total imports. It was followed by Germany, with a 7.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Norway was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+0.1% per year) and Germany (+9.9% per year).

Import Prices by Country

In 2021, the average plaster article import price amounted to $X per ton, increasing by 15% against the previous year. In general, the import price, however, continues to indicate a noticeable curtailment. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Finland ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (-1.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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