Sweden: Ink-Pad Market 2024

Ink-Pad Market Size in Sweden

The Swedish ink-pad market stood at $X in 2022, surging by 4.7% against the previous year. Overall, consumption saw a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Ink-Pad Production in Sweden

In value terms, ink-pad production expanded sharply to $X in 2022 estimated in export price. Over the period under review, production, however, saw a noticeable shrinkage. The pace of growth was the most pronounced in 2017 when the production volume increased by 38% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Ink-Pad Exports

Exports from Sweden

In 2022, overseas shipments of ink-pads decreased by -8.8% to X units, falling for the third year in a row after two years of growth. Overall, exports continue to indicate a significant decline. The most prominent rate of growth was recorded in 2016 with an increase of 47%. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, ink-pad exports shrank dramatically to $X in 2022. Over the period under review, exports faced a dramatic decline. The pace of growth appeared the most rapid in 2019 when exports increased by 3.6% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Finland (X units), Norway (X units) and Denmark (X units) were the main destinations of ink-pad exports from Sweden, together accounting for 85% of total exports. The Netherlands, Iceland and the United States lagged somewhat behind, together accounting for a further 12%.

From 2012 to 2022, the biggest increases were recorded for Iceland (with a CAGR of +3.2%), while shipments for the other leaders experienced a decline.

In value terms, Norway ($X), Finland ($X) and Denmark ($X) constituted the largest markets for ink-pad exported from Sweden worldwide, with a combined 85% share of total exports. The Netherlands, Iceland and the United States lagged somewhat behind, together comprising a further 14%.

Among the main countries of destination, Iceland, with a CAGR of -9.8%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average ink-pad export price stood at $X per unit in 2022, with a decrease of -7.4% against the previous year. Overall, the export price continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2020 an increase of 83% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (-0.6%), while the prices for the other major destinations experienced a decline.

Ink-Pad Imports

Imports into Sweden

In 2022, the amount of ink-pads imported into Sweden reduced dramatically to X units, falling by -30.2% compared with 2021. In general, imports continue to indicate a sharp shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by 68%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, ink-pad imports fell significantly to $X in 2022. Overall, imports showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 94%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Japan (X units) constituted the largest ink-pad supplier to Sweden, accounting for a 31% share of total imports. Moreover, ink-pad imports from Japan exceeded the figures recorded by the second-largest supplier, Germany (X units), twofold. Denmark (X units) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Japan totaled -15.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-14.0% per year) and Denmark (+8.6% per year).

In value terms, Japan ($X) constituted the largest supplier of ink-pads to Sweden, comprising 31% of total imports. The second position in the ranking was held by Germany ($X), with a 15% share of total imports. It was followed by Denmark, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from Japan totaled -11.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-12.4% per year) and Denmark (+13.6% per year).

Import Prices by Country

In 2022, the average ink-pad import price amounted to $X per unit, shrinking by -13.9% against the previous year. Over the last decade, it increased at an average annual rate of +4.6%. The pace of growth appeared the most rapid in 2013 an increase of 46% against the previous year. The import price peaked at $X per unit in 2021, and then contracted in the following year.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Denmark ($X per unit) and Japan ($X per unit), while the price for China ($X per unit) and Austria ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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