Sweden: Market for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm 2024

Market Size for Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Sweden

The Swedish market for self-adhesive plastic tape in rolls of a width under 20cm rose markedly to $X in 2022, growing by 10% against the previous year. In general, the total consumption indicated a remarkable increase from 2012 to 2022: its value increased at an average annual rate of +5.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +82.2% against 2015 indices. Over the period under review, the market reached the maximum level in 2022 and is expected to retain growth in years to come.

Production of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm in Sweden

In value terms, production of self-adhesive plastic tape in rolls of a width under 20cm amounted to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. Production of peaked in 2022 and is likely to see steady growth in the immediate term.

Exports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Exports from Sweden

In 2022, exports of self-adhesive plastic tape in rolls of a width under 20cm from Sweden declined to X tons, standing approx. at 2021 figures. Overall, total exports indicated strong growth from 2012 to 2022: its volume increased at an average annual rate of +6.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -4.0% against 2018 indices. The pace of growth appeared the most rapid in 2017 when exports increased by 30% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of self-adhesive plastic tape in rolls of a width under 20cm dropped modestly to $X in 2022. The total export value increased at an average annual rate of +3.0% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of 23%. Over the period under review, the exports of hit record highs at $X in 2021, and then declined modestly in the following year.

Exports by Country

Norway (X tons), Denmark (X tons) and Belgium (X tons) were the main destinations of exports of self-adhesive plastic tape in rolls of a width under 20cm from Sweden, with a combined 55% share of total exports. Finland, Spain, Germany, the Netherlands, India, China and Poland lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2022, the biggest increases were recorded for Spain (with a CAGR of +43.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) remains the key foreign market for self-adhesive plastic tape in rolls of a width under 20cm exports from Sweden, comprising 26% of total exports. The second position in the ranking was taken by Denmark ($X), with a 12% share of total exports. It was followed by Finland, with an 11% share.

From 2012 to 2022, the average annual growth rate of value to Norway was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+5.6% per year) and Finland (+7.2% per year).

Export Prices by Country

In 2022, the average export price for self-adhesive plastic tape in rolls of a width under 20cm amounted to $X per ton, approximately reflecting the previous year. Over the period under review, the export price recorded a noticeable slump. The most prominent rate of growth was recorded in 2021 when the average export price increased by 10% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Spain ($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 China (+5.8%), while the prices for the other major destinations experienced a decline.

Imports of Self-Adhesive Plastic Tape in Rolls of a Width Under 20cm

Imports into Sweden

In 2022, after ten years of growth, there was decline in supplies from abroad of self-adhesive plastic tape in rolls of a width under 20cm, when their volume decreased by -2.6% to X tons. The total import volume increased at an average annual rate of +4.5% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 with an increase of 17%. Imports peaked at X tons in 2021, and then declined modestly in the following year.

In value terms, imports of self-adhesive plastic tape in rolls of a width under 20cm declined to $X in 2022. Overall, total imports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +77.3% against 2015 indices. The most prominent rate of growth was recorded in 2021 with an increase of 25%. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

Germany (X tons), China (X tons) and Italy (X tons) were the main suppliers of imports of self-adhesive plastic tape in rolls of a width under 20cm to Sweden, together accounting for 63% of total imports. Denmark, Taiwan (Chinese), the Netherlands, Estonia, Poland, Belgium, the UK and France lagged somewhat behind, together accounting for a further 30%.

From 2012 to 2022, the biggest increases were recorded for Estonia (with a CAGR of +57.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Denmark ($X) and China ($X) appeared to be the largest self-adhesive plastic tape in rolls of a width under 20cm suppliers to Sweden, with a combined 62% share of total imports. Italy, Belgium, the Netherlands, Poland, Taiwan (Chinese), the UK, Estonia and France lagged somewhat behind, together accounting for a further 29%.

Estonia, with a CAGR of +68.0%, recorded the highest rates of growth with regard to the value of imports, among the main suppliers 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 self-adhesive plastic tape in rolls of a width under 20cm amounted to $X per ton, remaining relatively unchanged against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 21%. As a result, import price attained the peak level of $X per ton, and then shrank slightly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+6.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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