Sweden: Market for Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers 2024

Market Size for Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers in Sweden

The Swedish market for paint, distemper, varnish or similar brushes, paint pads and rollers contracted remarkably to $X in 2021, which is down by -30% against the previous year. Over the period under review, consumption recorded a abrupt downturn. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers in Sweden

In value terms, production of paint, distemper, varnish or similar brushes, paint pads and rollers reduced to $X in 2021 estimated in export price. In general, production showed a pronounced downturn. The growth pace was the most rapid in 2020 with an increase of 24%. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers

Exports from Sweden

In 2021, overseas shipments of paint, distemper, varnish or similar brushes, paint pads and rollers increased by 16% to X units, rising for the third year in a row after two years of decline. The total export volume increased at an average annual rate of +3.4% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of paint, distemper, varnish or similar brushes, paint pads and rollers stood at $X in 2021. The total export value increased at an average annual rate of +2.7% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when exports increased by 25% against the previous year. Over the period under review, the exports of hit record highs at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X units), Belgium (X units) and Finland (X units) were the main destinations of exports of paint, distemper, varnish or similar brushes, paint pads and rollers from Sweden, together accounting for 67% of total exports. These countries were followed by Denmark, the UK, Switzerland, Poland, Latvia and the United Arab Emirates, which together accounted for a further 25%.

From 2012 to 2021, the biggest increases were recorded for Switzerland (with a CAGR of +15.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) remains the key foreign market for paint, distemper, varnish or similar brushes, paint pads and rollers exports from Sweden, comprising 45% of total exports. The second position in the ranking was taken by Denmark ($X), with a 19% share of total exports. It was followed by Finland, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Norway amounted to +2.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+3.8% per year) and Finland (+2.9% per year).

Export Prices by Country

The average export price for paint, distemper, varnish or similar brushes, paint pads and rollers stood at $X per unit in 2021, declining by -6.8% against the previous year. Overall, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 20% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2021, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per unit), while the average price for exports to Belgium ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+7.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Paint, Distemper, Varnish Or Similar Brushes, Paint Pads And Rollers

Imports into Sweden

In 2021, the amount of paint, distemper, varnish or similar brushes, paint pads and rollers imported into Sweden amounted to X units, picking up by 15% compared with the previous year. The total import volume increased at an average annual rate of +2.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 27%. Over the period under review, imports of hit record highs in 2021 and are likely to continue growth in the near future.

In value terms, imports of paint, distemper, varnish or similar brushes, paint pads and rollers surged to $X in 2021. The total import value increased at an average annual rate of +3.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 36% against the previous year. Over the period under review, imports of hit record highs in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest supplier of paint, distemper, varnish or similar brush, paint pad and roller to Sweden, with a 81% share of total imports. Moreover, imports of paint, distemper, varnish or similar brushes, paint pads and rollers from China exceeded the figures recorded by the second-largest supplier, the Czech Republic (X units), ninefold. The Netherlands (X units) ranked third in terms of total imports with a 3.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +2.3%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+16.5% per year) and the Netherlands (+36.0% per year).

In value terms, China ($X) constituted the largest supplier of paint, distemper, varnish or similar brushes, paint pads and rollers to Sweden, comprising 81% of total imports. The second position in the ranking was taken by the Czech Republic ($X), with a 6.2% share of total imports. It was followed by Germany, with a 4.8% share.

From 2012 to 2021, the average annual growth rate of value from China stood at +4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+17.1% per year) and Germany (-8.1% per year).

Import Prices by Country

The average import price for paint, distemper, varnish or similar brushes, paint pads and rollers stood at $X per unit in 2021, rising by 4.2% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.1%. The pace of growth appeared the most rapid in 2020 when the average import price increased by 7.1%. The import price peaked in 2021 and is expected to retain growth in the immediate term.

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 Germany ($X per unit), while the price for the Czech Republic ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+5.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform