Sweden: Market for Prefabricated Buildings Of Plastics, Concrete Or Aluminium 2024

Market Size for Prefabricated Buildings Of Plastics, Concrete Or Aluminium in Sweden

The Swedish market for prefabricated buildings of plastics, concrete or aluminium surged to $X in 2021, rising by 23% against the previous year. Over the period under review, the total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +5.3% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +25.4% against 2018 indices. Over the period under review, the market hit record highs in 2021 and is likely to continue growth in the immediate term.

Production of Prefabricated Buildings Of Plastics, Concrete Or Aluminium in Sweden

In value terms, production of prefabricated buildings of plastics, concrete or aluminium skyrocketed to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.5% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Exports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Exports from Sweden

Exports of prefabricated buildings of plastics, concrete or aluminium from Sweden amounted to X tons in 2021, with an increase of 6.5% against 2020 figures. In general, exports, however, saw a pronounced setback. The pace of growth was the most pronounced in 2018 with an increase of 11% against the previous year. 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 prefabricated buildings of plastics, concrete or aluminium declined slightly to $X in 2021. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 56% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports of remained at a somewhat lower figure.

Exports by Country

Norway (X tons) was the main destination for exports of prefabricated buildings of plastics, concrete or aluminium from Sweden, accounting for a 51% share of total exports. Moreover, exports of prefabricated buildings of plastics, concrete or aluminium to Norway exceeded the volume sent to the second major destination, Poland (X tons), threefold. Germany (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual growth rate of volume to Norway totaled -2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+7.2% per year) and Germany (+7.7% per year).

In value terms, Norway ($X) remains the key foreign market for prefabricated buildings of plastics, concrete or aluminium exports from Sweden, comprising 43% of total exports. The second position in the ranking was taken by Denmark ($X), with an 8.8% share of total exports. It was followed by Germany, with a 6.3% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Norway totaled -3.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+4.8% per year) and Germany (+6.8% per year).

Export Prices by Country

The average export price for prefabricated buildings of plastics, concrete or aluminium stood at $X per ton in 2021, reducing by -10.2% against the previous year. Over the period under review, export price indicated a temperate increase from 2012 to 2021: its price increased at an average annual rate of +2.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, export price for prefabricated buildings of plastics, concrete or aluminium increased by +21.8% against 2019 indices. The pace of growth was the most pronounced in 2017 when the average export price increased by 49%. Over the period under review, the average export prices hit record highs at $X per ton in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

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 Denmark ($X per ton), while the average price for exports to Slovakia ($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 (+5.3%), while the prices for the other major destinations experienced a decline.

Imports of Prefabricated Buildings Of Plastics, Concrete Or Aluminium

Imports into Sweden

In 2021, approx. X tons of prefabricated buildings of plastics, concrete or aluminium were imported into Sweden; growing by 34% compared with the previous year's figure. In general, imports showed significant growth. The pace of growth appeared the most rapid in 2014 when imports increased by 132%. Over the period under review, imports of attained the peak figure in 2021 and are likely to see gradual growth in years to come.

In value terms, imports of prefabricated buildings of plastics, concrete or aluminium soared to $X in 2021. Overall, imports saw a significant increase. The most prominent rate of growth was recorded in 2014 when imports increased by 57%. Over the period under review, imports of reached the peak figure in 2021 and are likely to see steady growth in years to come.

Imports by Country

Estonia (X tons), Malaysia (X tons) and Latvia (X tons) were the main suppliers of imports of prefabricated buildings of plastics, concrete or aluminium to Sweden, with a combined 33% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Malaysia (with a CAGR of +357.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Estonia ($X), Latvia ($X) and China ($X) constituted the largest prefabricated buildings of plastics, concrete or aluminium suppliers to Sweden, together comprising 46% of total imports. Lithuania, Denmark, Finland, Poland, Norway and Malaysia lagged somewhat behind, together accounting for a further 35%.

Among the main suppliers, Malaysia, with a CAGR of +267.5%, saw 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

The average import price for prefabricated buildings of plastics, concrete or aluminium stood at $X per ton in 2021, increasing by 12% against the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 when the average import price increased by 33%. As a result, import price reached the peak level of $X per ton. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Latvia (+14.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform