Sweden: Modelling Pastes Market 2024

Modelling Pastes Market Size in Sweden

For the third consecutive year, the Swedish modelling pastes market recorded decline in sales value, which decreased by -90.3% to $X in 2021. Over the period under review, consumption recorded a abrupt shrinkage. Modelling pastes consumption peaked at $X in 2016; however, from 2017 to 2021, consumption failed to regain momentum.

Modelling Pastes Production in Sweden

In value terms, modelling pastes production contracted to $X in 2021 estimated in export price. In general, production, however, enjoyed a significant expansion. The most prominent rate of growth was recorded in 2013 with an increase of 358%. Modelling pastes production peaked at $X in 2020, and then reduced in the following year.

Modelling Pastes Exports

Exports from Sweden

In 2021, shipments abroad of modelling pastes, dental wax and dental impression compounds increased by 4.2% to X tons, rising for the fifth year in a row after two years of decline. Over the period under review, exports showed a significant increase. The growth pace was the most rapid in 2014 with an increase of 471%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, modelling pastes exports expanded modestly to $X in 2021. In general, exports continue to indicate significant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 328% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are likely to see steady growth in the near future.

Exports by Country

Mexico (X tons), the United States (X tons) and France (X tons) were the main destinations of modelling pastes exports from Sweden, together comprising 83% 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 France (with a CAGR of +188.0%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Mexico ($X) and France ($X) were the largest markets for modelling pastes exported from Sweden worldwide, with a combined 74% share of total exports.

In terms of the main countries of destination, France, with a CAGR of +157.4%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average modelling pastes export price stood at $X per ton in 2021, approximately equating the previous year. In general, the export price continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2015 an increase of 45%. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, among the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to Mexico ($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 the United States (+6.0%), while the prices for the other major destinations experienced a decline.

Modelling Pastes Imports

Imports into Sweden

In 2021, approx. X tons of modelling pastes, dental wax and dental impression compounds were imported into Sweden; surging by 41% against the previous year's figure. Overall, total imports indicated a prominent increase from 2012 to 2021: its volume increased at an average annual rate of +7.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, modelling pastes imports soared to $X in 2021. In general, total imports indicated a notable increase from 2012 to 2021: its value increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -7.4% against 2019 indices. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

China (X tons), Italy (X tons) and Denmark (X tons) were the main suppliers of modelling pastes imports to Sweden, together comprising 60% of total imports. Germany, Spain, the United States, the Netherlands, Belgium, Finland, Thailand and Hong Kong SAR lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2021, the biggest increases were recorded for the United States (with a CAGR of +31.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest modelling pastes suppliers to Sweden were Germany ($X), China ($X) and Denmark ($X), together comprising 64% of total imports. These countries were followed by Finland, the United States, the Netherlands, Italy, Belgium, Spain, Thailand and Hong Kong SAR, which together accounted for a further 32%.

The United States, with a CAGR of +31.2%, saw 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 modelling pastes import price amounted to $X per ton, rising by 2% against the previous year. In general, the import price, however, saw a perceptible setback. The growth pace was the most rapid in 2013 when the average import price increased by 8.3% 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: among the top suppliers, the country with the highest price was Finland ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+6.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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