Sweden: Market for Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning 2024

Market Size for Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning in Sweden

The Swedish market for polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning reduced to $X in 2021, shrinking by -6.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, posted notable growth. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market failed to regain momentum.

Exports of Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning

Exports from Sweden

In 2021, approx. X tons of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning were exported from Sweden; surging by 15% against the year before. In general, exports, however, showed a deep reduction. The growth pace was the most rapid in 2018 when exports increased by 218%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, exports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning soared to $X in 2021. Over the period under review, exports, however, faced a significant contraction. The growth pace was the most rapid in 2018 with an increase of 375% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Finland (X tons) was the main destination for exports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning from Sweden, accounting for a 65% share of total exports. Moreover, exports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning to Finland exceeded the volume sent to the second major destination, Norway (X tons), threefold. The third position in this ranking was taken by Latvia (X tons), with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Finland amounted to -20.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-8.5% per year) and Latvia (+26.3% per year).

In value terms, Finland ($X) remains the key foreign market for polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning exports from Sweden, comprising 64% of total exports. The second position in the ranking was taken by Norway ($X), with a 26% share of total exports. It was followed by Latvia, with a 10% share.

From 2012 to 2021, the average annual growth rate of value to Finland stood at -26.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+1.1% per year) and Latvia (+20.3% per year).

Export Prices by Country

In 2021, the average export price for polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning amounted to $X per ton, increasing by 10% against the previous year. Overall, the export price, however, recorded a abrupt slump. The growth pace was the most rapid in 2018 an increase of 50%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Latvia ($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 Denmark (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polypropylene Synthetic Tow And Staple Not Carded, Combed Or Otherwise Processed for spinning

Imports into Sweden

In 2021, supplies from abroad of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning decreased by -13.2% to X tons for the first time since 2018, thus ending a two-year rising trend. Overall, total imports indicated noticeable growth from 2012 to 2021: its volume increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 when imports increased by 70% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports of remained at a somewhat lower figure.

In value terms, imports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning contracted slightly to $X in 2021. In general, imports, however, showed a mild expansion. The pace of growth appeared the most rapid in 2013 with an increase of 131%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

Denmark (X tons), Belgium (X tons) and Germany (X tons) were the main suppliers of imports of polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning to Sweden, together accounting for 67% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of +20.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Belgium ($X) and Germany ($X) were the largest polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning suppliers to Sweden, with a combined 66% share of total imports. Italy, the United States, the Czech Republic, Austria, Norway and Spain lagged somewhat behind, together accounting for a further 29%.

The United States, with a CAGR of +18.6%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for polypropylene synthetic tow and staple not carded, combed or otherwise processed for spinning stood at $X per ton in 2021, surging by 12% against the previous year. In general, the import price, however, recorded a slight descent. The most prominent rate of growth was recorded in 2013 an increase of 36% against the previous year. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average 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 the United States ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+20.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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