Sweden: Market for Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics 2024

Market Size for Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics in Sweden

In 2022, the Swedish market for non-cellular plates, sheets, film, foil and strip of plastics decreased by -15.4% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, consumption showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then fell notably in the following year.

Production of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics in Sweden

In value terms, production of non-cellular plates, sheets, film, foil and strip of plastics declined dramatically to $X in 2022 estimated in export price. Over the period under review, production, however, saw strong growth. The most prominent rate of growth was recorded in 2021 with an increase of 71%. As a result, production attained the peak level of $X, and then shrank rapidly in the following year.

Exports of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Exports from Sweden

Exports of non-cellular plates, sheets, film, foil and strip of plastics from Sweden reduced to X tons in 2022, with a decrease of -6.8% compared with 2021 figures. Overall, exports, however, recorded a resilient expansion. The most prominent rate of growth was recorded in 2021 with an increase of 48%. As a result, the exports reached the peak of X tons, and then shrank in the following year.

In value terms, exports of non-cellular plates, sheets, film, foil and strip of plastics fell slightly to $X in 2022. Over the period under review, exports, however, posted a strong expansion. The growth pace was the most rapid in 2021 with an increase of 80% against the previous year. As a result, the exports reached the peak of $X, leveling off in the following year.

Exports by Country

Poland (X tons), Norway (X tons) and the UK (X tons) were the main destinations of exports of non-cellular plates, sheets, film, foil and strip of plastics from Sweden, together accounting for 57% of total exports. Denmark, Finland, Germany, the Czech Republic, the Netherlands, Belgium, the United States, France, Hungary and Russia lagged somewhat behind, together accounting for a further 37%.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +36.4%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Norway ($X) and Denmark ($X) appeared to be the largest markets for non-cellular plates, sheets, film, foil and strip of plastics exported from Sweden worldwide, with a combined 49% share of total exports. The UK, Finland, Germany, France, the Czech Republic, the United States, Belgium, Hungary, the Netherlands and Russia lagged somewhat behind, together accounting for a further 43%.

The UK, with a CAGR of +26.2%, saw the highest growth rate of the value of exports, in terms of 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 export price for non-cellular plates, sheets, film, foil and strip of plastics stood at $X per ton in 2022, surging by 6.7% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of 22% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Hungary ($X per ton), while the average price for exports to the Netherlands ($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 Hungary (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Cellular Plates, Sheets, Film, Foil and Strip of Plastics

Imports into Sweden

In 2022, the amount of non-cellular plates, sheets, film, foil and strip of plastics imported into Sweden dropped to X tons, shrinking by -13.4% compared with the previous year's figure. The total import volume increased at an average annual rate of +2.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 15%. As a result, imports reached the peak of X tons, and then fell in the following year.

In value terms, imports of non-cellular plates, sheets, film, foil and strip of plastics shrank to $X in 2022. The total import value increased at an average annual rate of +1.2% over the period from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 23%. As a result, imports reached the peak of $X, and then contracted in the following year.

Imports by Country

Norway (X tons), Germany (X tons) and Finland (X tons) were the main suppliers of imports of non-cellular plates, sheets, film, foil and strip of plastics to Sweden, together comprising 57% of total imports. Denmark, Austria, the UK, Italy, China, Turkey, the Netherlands, Lithuania, Poland and Vietnam lagged somewhat behind, together accounting for a further 36%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lithuania (with a CAGR of +45.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-cellular plates, sheets, film, foil and strip of plastics suppliers to Sweden were Germany ($X), Norway ($X) and Finland ($X), with a combined 52% share of total imports. Denmark, the UK, Austria, Italy, China, the Netherlands, Lithuania, Poland, Turkey and Vietnam lagged somewhat behind, together accounting for a further 38%.

Among the main suppliers, Lithuania, with a CAGR of +53.9%, recorded 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

In 2022, the average import price for non-cellular plates, sheets, film, foil and strip of plastics amounted to $X per ton, rising by 8.9% against the previous year. Over the period under review, the import price, however, showed a slight curtailment. The pace of growth was the most pronounced in 2018 when the average import price increased by 28% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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 the UK ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform