Sweden: Hard Plastic Comb Market 2024

Hard Plastic Comb Market Size in Sweden

In 2022, the Swedish hard plastic comb market increased by 20% to $X, rising for the second year in a row after three years of decline. In general, consumption saw a slight increase. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Hard Plastic Comb Production in Sweden

In value terms, hard plastic comb production contracted markedly to $X in 2022 estimated in export price. Over the period under review, production faced a dramatic descent. The growth pace was the most rapid in 2021 with an increase of 769% against the previous year. Hard plastic comb production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Hard Plastic Comb Exports

Exports from Sweden

In 2022, shipments abroad of hard rubber or plastic combs increased by 28% to X tons for the first time since 2019, thus ending a two-year declining trend. Overall, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 with an increase of 598% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, hard plastic comb exports surged to $X in 2022. In general, exports posted a tangible increase. The pace of growth was the most pronounced in 2016 when exports increased by 346%. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Norway (X tons) was the main destination for hard plastic comb exports from Sweden, accounting for a 57% share of total exports. Moreover, hard plastic comb exports to Norway exceeded the volume sent to the second major destination, Finland (X tons), fourfold. Denmark (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to Norway totaled +6.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+1.9% per year) and Denmark (-13.1% per year).

In value terms, the largest markets for hard plastic comb exported from Sweden were Norway ($X), Finland ($X) and Denmark ($X), together accounting for 85% of total exports. Poland, the Czech Republic, Germany and Iceland lagged somewhat behind, together accounting for a further 7.3%.

Iceland, with a CAGR of +35.8%, recorded the highest rates of growth with regard to the value of exports, among 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 hard plastic comb export price stood at $X per ton in 2022, picking up by 17% against the previous year. Overall, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hard plastic comb export price increased by +122.3% against 2018 indices. The pace of growth appeared the most rapid in 2021 an increase of 48%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to the Czech Republic ($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 Denmark (+11.8%), while the prices for the other major destinations experienced more modest paces of growth.

Hard Plastic Comb Imports

Imports into Sweden

In 2022, the amount of hard rubber or plastic combs imported into Sweden rose modestly to X tons, with an increase of 4.7% on the previous year. Over the period under review, imports continue to indicate a pronounced increase. The pace of growth appeared the most rapid in 2016 when imports increased by 157%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, hard plastic comb imports skyrocketed to $X in 2022. In general, imports enjoyed a remarkable increase. The pace of growth was the most pronounced in 2016 with an increase of 169%. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of hard plastic comb to Sweden, accounting for a 69% share of total imports. Moreover, hard plastic comb imports from China exceeded the figures recorded by the second-largest supplier, Denmark (X tons), fourfold. Taiwan (Chinese) (X tons) ranked third in terms of total imports with a 4.4% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at +8.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+14.1% per year) and Taiwan (Chinese) (-3.7% per year).

In value terms, China ($X) constituted the largest supplier of hard rubber or plastic combs to Sweden, comprising 63% of total imports. The second position in the ranking was held by Denmark ($X), with a 16% share of total imports. It was followed by Germany, with a 5.8% share.

From 2012 to 2022, the average annual growth rate of value from China stood at +11.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+16.7% per year) and Germany (+7.1% per year).

Import Prices by Country

The average hard plastic comb import price stood at $X per ton in 2022, surging by 23% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.6%. 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 supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Hong Kong SAR ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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