Sweden: Metal Advertising Sign Market 2021

Metal Advertising Sign Market Size in Sweden

The Swedish metal advertising sign market surged to $X in 2020, picking up by X% against the previous year. Overall, consumption posted a resilient increase. The pace of growth was the most pronounced in 2017 when the market value increased by X% y-o-y. Over the period under review, the market reached the peak level in 2020 and is likely to continue growth in the near future.

Metal Advertising Sign Production in Sweden

In value terms, metal advertising sign production stood at $X in 2020 estimated in export prices. In general, the total production indicated a tangible increase from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, production decreased by -X% against 2018 indices. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2020, production growth remained at a somewhat lower figure.

Metal Advertising Sign Exports

Exports from Sweden

In 2020, shipments abroad of metal advertising signs increased by X% to X tons, rising for the third consecutive year after two years of decline. In general, exports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum at X tons in 2007; however, from 2008 to 2020, exports remained at a lower figure.

In value terms, metal advertising sign exports declined dramatically to $X in 2020. Overall, exports, however, saw a deep slump. The growth pace was the most rapid in 2011 when exports increased by X% year-to-year. Over the period under review, exports attained the peak figure at $X in 2007; however, from 2008 to 2020, exports failed to regain the momentum.

Exports by Country

Norway (X tons) was the main destination for metal advertising sign exports from Sweden, accounting for a X% share of total exports. Moreover, metal advertising sign exports to Norway exceeded the volume sent to the second major destination, Denmark (X tons), threefold. Finland (X tons) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual growth rate of volume to Norway totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+X% per year) and Finland (-X% per year).

In value terms, Norway ($X) remains the key foreign market for metal advertising sign exports from Sweden, comprising X% of total exports. The second position in the ranking was occupied by Denmark ($X), with a X% share of total exports. It was followed by Austria, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Norway stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+X% per year) and Austria (+X% per year).

Export Prices by Country

The average metal advertising sign export price stood at $X per ton in 2020, which is down by -X% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average export price increased by X% year-to-year. The export price peaked at $X per ton in 2012; however, from 2013 to 2020, export prices remained at a lower figure.

Prices varied noticeably by the country of destination; the country with the highest price was the U.S. ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Austria, while the prices for the other major destinations experienced more modest paces of growth.

Metal Advertising Sign Imports

Imports into Sweden

In 2020, supplies from abroad of metal advertising signs was finally on the rise to reach X tons for the first time since 2017, thus ending a two-year declining trend. In general, imports enjoyed noticeable growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, metal advertising sign imports surged to $X in 2020. Over the period under review, imports recorded a mild shrinkage. Over the period under review, imports reached the peak figure at $X in 2008; however, from 2009 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, the Czech Republic (X tons) constituted the largest metal advertising sign supplier to Sweden, accounting for a X% share of total imports. Moreover, metal advertising sign imports from the Czech Republic exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was occupied by China (X tons), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume from the Czech Republic totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and China (+X% per year).

In value terms, the Czech Republic ($X), Germany ($X) and Denmark ($X) constituted the largest metal advertising sign suppliers to Sweden, together comprising X% of total imports.

Among the main suppliers, the Czech Republic 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

In 2020, the average metal advertising sign import price amounted to $X per ton, reducing by -X% against the previous year. Overall, the import price showed a abrupt decline. The pace of growth was the most pronounced in 2014 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2008; however, from 2009 to 2020, import prices failed to regain the momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Denmark ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Denmark, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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