Sweden: Vulcanised Rubber Erases Market 2024

Vulcanised Rubber Erases Market Size in Sweden

The Swedish vulcanised rubber erases market rose significantly to $X in 2021, growing by 6.9% 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). Over the period under review, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Vulcanised Rubber Erases Exports

Exports from Sweden

In 2021, approx. X tons of erasers of vulcanised rubber were exported from Sweden; declining by -7.8% on the previous year. In general, exports, however, showed a moderate increase. The pace of growth was the most pronounced in 2014 when exports increased by 92% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, vulcanised rubber erases exports rose modestly to $X in 2021. Overall, exports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2014 when exports increased by 81% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Finland (X tons), Denmark (X tons) and Norway (X tons) were the main destinations of vulcanised rubber erases exports from Sweden, together accounting for 93% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Norway (with a CAGR of +14.2%), while the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Denmark ($X) and Finland ($X) were the largest markets for vulcanised rubber erases exported from Sweden worldwide, with a combined 92% share of total exports.

Norway, with a CAGR of +18.2%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average vulcanised rubber erases export price stood at $X per ton in 2021, with an increase of 10% against the previous year. Overall, the export price recorded a strong expansion. The pace of growth was the most pronounced in 2020 an increase of 68%. The export price peaked in 2021 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to the Czech Republic ($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 Denmark (+4.8%), while the prices for the other major destinations experienced more modest paces of growth.

Vulcanised Rubber Erases Imports

Imports into Sweden

In 2021, overseas purchases of erasers of vulcanised rubber were finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. In general, imports, however, showed a mild slump. The most prominent rate of growth was recorded in 2015 when imports increased by 19% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports stood at a somewhat lower figure.

In value terms, vulcanised rubber erases imports totaled $X in 2021. Over the period under review, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of 28%. Over the period under review, imports reached the peak figure at $X in 2015; however, from 2016 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of vulcanised rubber erases to Sweden, accounting for a 56% share of total imports. Moreover, vulcanised rubber erases imports from China exceeded the figures recorded by the second-largest supplier, Denmark (X tons), threefold. The third position in this ranking was held by the Netherlands (X tons), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to -1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+2.3% per year) and the Netherlands (+5.0% per year).

In value terms, the largest vulcanised rubber erases suppliers to Sweden were China ($X), Denmark ($X) and Germany ($X), together accounting for 72% of total imports. The Netherlands, Taiwan (Chinese), Malaysia and France lagged somewhat behind, together comprising a further 19%.

Taiwan (Chinese), with a CAGR of +11.0%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average vulcanised rubber erases import price amounted to $X per ton, falling by -4.8% against the previous year. Over the last nine years, it increased at an average annual rate of +1.1%. The pace of growth appeared the most rapid in 2017 an increase of 19% against the previous year. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+4.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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