Sweden: Market for Cellular Plates, Sheets and Films of Polyymers of Styrene 2024

Market Size for Cellular Plates, Sheets and Films of Polyymers of Styrene in Sweden

In 2022, the Swedish market for cellular plates, sheets and films of polyymers of styrene increased by 47% to $X, rising for the third year in a row after two years of decline. In general, the total consumption indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.2% 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 +64.4% against 2019 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Cellular Plates, Sheets and Films of Polyymers of Styrene in Sweden

In value terms, production of cellular plates, sheets and films of polyymers of styrene skyrocketed to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.7% over the period from 2012 to 2022; 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 Cellular Plates, Sheets and Films of Polyymers of Styrene

Exports from Sweden

In 2022, shipments abroad of cellular plates, sheets and films of polyymers of styrene decreased by -26.3% to X tons, falling for the fourth consecutive year after two years of growth. Over the period under review, exports saw a abrupt decrease. The pace of growth was the most pronounced in 2018 when exports increased by 17% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of cellular plates, sheets and films of polyymers of styrene reduced remarkably to $X in 2022. Overall, exports recorded a pronounced decrease. The pace of growth was the most pronounced in 2013 when exports increased by 22%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Norway (X tons) was the main destination for exports of cellular plates, sheets and films of polyymers of styrene from Sweden, accounting for a 69% share of total exports. Moreover, exports of cellular plates, sheets and films of polyymers of styrene to Norway exceeded the volume sent to the second major destination, Germany (X tons), more than tenfold. The third position in this ranking was taken by Denmark (X tons), with a 6.1% share.

From 2012 to 2022, the average annual growth rate of volume to Norway totaled -2.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+0.9% per year) and Denmark (-21.1% per year).

In value terms, Norway ($X) remains the key foreign market for cellular plates, sheets and films of polyymers of styrene exports from Sweden, comprising 57% of total exports. The second position in the ranking was taken by the Netherlands ($X), with an 8.8% share of total exports. It was followed by Denmark, with an 8.2% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Norway amounted to -3.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+25.8% per year) and Denmark (-18.2% per year).

Export Prices by Country

The average export price for cellular plates, sheets and films of polyymers of styrene stood at $X per ton in 2022, picking up by 12% against the previous year. Overall, the export price recorded a relatively flat trend pattern. Over the period under review, the average export prices attained the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Imports into Sweden

After two years of growth, supplies from abroad of cellular plates, sheets and films of polyymers of styrene decreased by -0.7% to X tons in 2022. Overall, total imports indicated a noticeable expansion from 2012 to 2022: its volume increased at an average annual rate of +4.2% 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 +23.3% against 2019 indices. The most prominent rate of growth was recorded in 2016 when imports increased by 27%. Over the period under review, imports of reached the maximum at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, imports of cellular plates, sheets and films of polyymers of styrene expanded slightly to $X in 2022. The total import value increased at an average annual rate of +2.8% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 48%. Over the period under review, imports of hit record highs at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Norway (X tons) constituted the largest supplier of polystyrene cellular plates, sheets and films to Sweden, accounting for a 50% share of total imports. Moreover, imports of cellular plates, sheets and films of polyymers of styrene from Norway exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was held by Finland (X tons), with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from Norway was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+20.0% per year) and Finland (+11.1% per year).

In value terms, Norway ($X) constituted the largest supplier of cellular plates, sheets and films of polyymers of styrene to Sweden, comprising 53% of total imports. The second position in the ranking was taken by Germany ($X), with a 20% share of total imports. It was followed by Finland, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Norway amounted to -1.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+14.7% per year) and Finland (+13.7% per year).

Import Prices by Country

The average import price for cellular plates, sheets and films of polyymers of styrene stood at $X per ton in 2022, growing by 2.9% against the previous year. Over the period under review, the import price, however, continues to indicate a mild contraction. The pace of growth was the most pronounced in 2021 when the average import price increased by 33%. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+5.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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