Sweden: Market for Manicure Or Pedicure Preparations 2024

Market Size for Manicure Or Pedicure Preparations in Sweden

The Swedish manicure or pedicure preparations market dropped to $X in 2021, waning by -14.6% against the previous year. In general, consumption saw a abrupt curtailment. As a result, consumption reached the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Production of Manicure Or Pedicure Preparations in Sweden

In value terms, manicure or pedicure preparations production expanded markedly to $X in 2021 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 9.9%. Over the period under review, production hit record highs at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Exports of Manicure Or Pedicure Preparations

Exports from Sweden

In 2021, overseas shipments of manicure or pedicure preparations increased by 14% to X tons, rising for the second consecutive year after two years of decline. Overall, exports, however, continue to indicate a slight decrease. The pace of growth appeared the most rapid in 2017 when exports increased by 29% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, manicure or pedicure preparations exports skyrocketed to $X in 2021. In general, total exports indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +70.6% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Norway (X tons) was the main destination for manicure or pedicure preparations exports from Sweden, accounting for a 56% share of total exports. Moreover, manicure or pedicure preparations exports to Norway exceeded the volume sent to the second major destination, Denmark (X tons), fourfold. The third position in this ranking was held by Finland (X tons), with a 6.8% share.

From 2012 to 2021, the average annual growth rate of volume to Norway stood at -2.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+4.9% per year) and Finland (-8.2% per year).

In value terms, Norway ($X) remains the key foreign market for manicure or pedicure preparations exports from Sweden, comprising 47% of total exports. The second position in the ranking was held by Denmark ($X), with a 15% share of total exports. It was followed by Spain, with a 12% share.

From 2012 to 2021, the average annual growth rate of value to Norway totaled +3.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+0.5% per year) and Spain (+19.5% per year).

Export Prices by Country

The average manicure or pedicure preparations export price stood at $X per ton in 2021, rising by 23% against the previous year. Over the last nine years, it increased at an average annual rate of +4.3%. The most prominent rate of growth was recorded in 2013 an increase of 30%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Spain ($X per ton), while the average price for exports to Iceland ($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 Spain (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Manicure Or Pedicure Preparations

Imports into Sweden

Manicure or pedicure preparations imports into Sweden declined modestly to X tons in 2021, approximately reflecting the previous year. Over the period under review, imports continue to indicate a pronounced reduction. The most prominent rate of growth was recorded in 2013 with an increase of 12% against the previous year. Over the period under review, imports hit record highs at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, manicure or pedicure preparations imports shrank modestly to $X in 2021. Overall, imports showed a abrupt decrease. The growth pace was the most rapid in 2013 when imports increased by 18% against the previous year. Over the period under review, imports attained the peak figure at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), Denmark (X tons) and China (X tons) were the main suppliers of manicure or pedicure preparations imports to Sweden, together accounting for 50% of total imports. These countries were followed by the Netherlands, France, the UK, Switzerland, Poland, the United States, Italy and Taiwan (Chinese), which together accounted for a further 44%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +13.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Switzerland ($X) and Germany ($X) appeared to be the largest manicure or pedicure preparations suppliers to Sweden, with a combined 48% share of total imports. The Netherlands, China, France, the UK, Poland, the United States, Italy and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 42%.

Among the main suppliers, the Netherlands, with a CAGR of +13.3%, 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

The average manicure or pedicure preparations import price stood at $X per ton in 2021, dropping by -2.8% against the previous year. Overall, the import price showed a mild contraction. The growth pace was the most rapid in 2017 when the average import price increased by 5.7%. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Taiwan (Chinese) ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+23.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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