Sweden: Market for Rubber-to-Metal and Moulded Articles 2024

Market Size for Rubber-to-Metal and Moulded Articles in Sweden

The Swedish rubber-to-metal and moulded article market surged to $X in 2021, picking up by 41% against the previous year. Overall, consumption saw a relatively flat trend pattern. Rubber-to-metal and moulded article consumption peaked at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Production of Rubber-to-Metal and Moulded Articles in Sweden

In value terms, rubber-to-metal and moulded article production surged to $X in 2021 estimated in export price. Over the period under review, production, however, saw a abrupt decline. Rubber-to-metal and moulded article production peaked at $X in 2013; however, from 2014 to 2021, production stood at a somewhat lower figure.

Exports of Rubber-to-Metal and Moulded Articles

Exports from Sweden

In 2021, approx. X tons of rubber-to-metal and moulded articles were exported from Sweden; with a decrease of -6.5% on 2020. Overall, exports saw a abrupt curtailment. The growth pace was the most rapid in 2014 with an increase of 11%. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports stood at a somewhat lower figure.

In value terms, rubber-to-metal and moulded article exports rose remarkably to $X in 2021. In general, exports recorded a pronounced contraction. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

Exports by Country

Norway (X tons), Italy (X tons) and the United States (X tons) were the main destinations of rubber-to-metal and moulded article exports from Sweden, together accounting for 33% of total exports. These countries were followed by the Netherlands, Germany, France, the UK, Finland, Lithuania, Spain, China, Mexico and Russia, which together accounted for a further 45%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Mexico (with a CAGR of +22.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for rubber-to-metal and moulded article exported from Sweden were Italy ($X), the United States ($X) and Germany ($X), together comprising 32% of total exports. These countries were followed by the Netherlands, Norway, Mexico, China, the UK, France, Lithuania, Finland, Spain and Russia, which together accounted for a further 43%.

Mexico, with a CAGR of +24.8%, recorded the highest growth rate of 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 rubber-to-metal and moulded article export price stood at $X per ton in 2021, growing by 15% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.7%. The growth pace was the most rapid in 2017 an increase of 25% against the previous year. 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 Mexico ($X per ton), while the average price for exports to Norway ($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 (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Rubber-to-Metal and Moulded Articles

Imports into Sweden

In 2021, purchases abroad of rubber-to-metal and moulded articles decreased by -1.1% to X tons, falling for the second year in a row after three years of growth. Over the period under review, total imports indicated a perceptible increase from 2012 to 2021: its volume increased at an average annual rate of +4.8% 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 -22.5% against 2019 indices. The pace of growth appeared the most rapid in 2013 with an increase of 19%. Over the period under review, imports reached the maximum at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, rubber-to-metal and moulded article imports skyrocketed to $X in 2021. The total import value increased at an average annual rate of +4.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 20% against the previous year. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of rubber-to-metal and moulded article to Sweden, accounting for a 24% share of total imports. Moreover, rubber-to-metal and moulded article imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), twofold. France (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +3.1%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+13.7% per year) and France (+17.6% per year).

In value terms, Germany ($X) constituted the largest supplier of rubber-to-metal and moulded articles to Sweden, comprising 24% of total imports. The second position in the ranking was held by Poland ($X), with a 9.3% share of total imports. It was followed by China, with a 7.4% share.

From 2012 to 2021, the average annual growth rate of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+14.3% per year) and China (+9.3% per year).

Import Prices by Country

The average rubber-to-metal and moulded article import price stood at $X per ton in 2021, with an increase of 20% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+9.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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