Sweden: Market for Tableware And Kitchenware Of Wood 2024

Market Size for Tableware And Kitchenware Of Wood in Sweden

The Swedish wood kitchenware and tableware market soared to $X in 2021, increasing by 35% against the previous year. Overall, the total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +9.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level in 2021 and is likely to see gradual growth in the immediate term.

Production of Tableware And Kitchenware Of Wood in Sweden

In value terms, wood kitchenware and tableware production amounted to $X in 2021 estimated in export price. In general, production, however, showed a pronounced slump. The growth pace was the most rapid in 2017 when the production volume increased by 12% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Tableware And Kitchenware Of Wood

Exports from Sweden

In 2021, shipments abroad of tableware and kitchenware of wood increased by 13% to X tons, rising for the fourth consecutive year after two years of decline. The total export volume increased at an average annual rate of +5.3% over the period 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 2018 with an increase of 15%. Over the period under review, the exports reached the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, wood kitchenware and tableware exports skyrocketed to $X in 2021. In general, total exports indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +9.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +89.1% against 2016 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Norway (X tons) was the main destination for wood kitchenware and tableware exports from Sweden, accounting for a 47% share of total exports. Moreover, wood kitchenware and tableware exports to Norway exceeded the volume sent to the second major destination, Denmark (X tons), threefold. The third position in this ranking was taken by Finland (X tons), with an 11% share.

From 2012 to 2021, the average annual growth rate of volume to Norway totaled +8.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+3.1% per year) and Finland (-1.6% per year).

In value terms, Norway ($X) remains the key foreign market for tableware and kitchenware of wood exports from Sweden, comprising 37% of total exports. The second position in the ranking was held by Finland ($X), with a 13% share of total exports. It was followed by Denmark, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Norway totaled +11.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+7.7% per year) and Denmark (+3.1% per year).

Export Prices by Country

The average wood kitchenware and tableware export price stood at $X per ton in 2021, surging by 34% against the previous year. Over the last nine-year period, it increased at an average annual rate of +3.6%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per ton), while the average price for exports to Iceland ($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 Finland (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Tableware And Kitchenware Of Wood

Imports into Sweden

In 2021, the amount of tableware and kitchenware of wood imported into Sweden rose significantly to X tons, increasing by 14% on the year before. Overall, total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +7.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +6.0% against 2017 indices. The most prominent rate of growth was recorded in 2017 with an increase of 33%. Imports peaked in 2021 and are expected to retain growth in the near future.

In value terms, wood kitchenware and tableware imports soared to $X in 2021. Over the period under review, total imports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +10.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +37.8% against 2017 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest wood kitchenware and tableware supplier to Sweden, accounting for a 50% share of total imports. Moreover, wood kitchenware and tableware imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. Denmark (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +10.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+12.3% per year) and Denmark (+11.8% per year).

In value terms, China ($X) constituted the largest supplier of tableware and kitchenware of wood to Sweden, comprising 47% of total imports. The second position in the ranking was taken by Denmark ($X), with a 16% share of total imports. It was followed by Germany, with a 13% share.

From 2012 to 2021, the average annual growth rate of value from China amounted to +13.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+8.9% per year) and Germany (+16.0% per year).

Import Prices by Country

The average wood kitchenware and tableware import price stood at $X per ton in 2021, growing by 24% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.1%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (+5.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :