Sweden: Enamels And Glazes Market 2024

Enamels And Glazes Market Size in Sweden

In 2021, after two years of growth, there was decline in the Swedish enamels and glazes market, when its value decreased by -4.9% to $X. In general, consumption, however, continues to indicate a noticeable downturn. As a result, consumption attained the peak level of $X. From 2017 to 2021, the growth of the market remained at a lower figure.

Enamels And Glazes Production in Sweden

In value terms, enamels and glazes production reduced to $X in 2021 estimated in export price. Overall, production, however, recorded a pronounced reduction. The pace of growth appeared the most rapid in 2016 when the production volume increased by 55%. As a result, production reached the peak level of $X. From 2017 to 2021, production growth remained at a somewhat lower figure.

Enamels And Glazes Exports

Exports from Sweden

In 2021, the amount of vitrifiable enamels and glazes for ceramics, enamelling or glass exported from Sweden contracted to X tons, shrinking by -12.5% on 2020 figures. In general, exports recorded a sharp contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 42% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, enamels and glazes exports skyrocketed to $X in 2021. Overall, exports recorded a abrupt decrease. The growth pace was the most rapid in 2020 when exports increased by 105% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Russia (X tons) was the main destination for enamels and glazes exports from Sweden, accounting for a 84% share of total exports. Moreover, enamels and glazes exports to Russia exceeded the volume sent to the second major destination, Norway (X tons), sixfold. The United States (X kg) ranked third in terms of total exports with a 0.6% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Russia totaled +78.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-33.9% per year) and the United States (-49.4% per year).

In value terms, Russia ($X) remains the key foreign market for vitrifiable enamels and glazes for ceramics, enamelling or glass exports from Sweden, comprising 96% of total exports. The second position in the ranking was held by Norway ($X), with a 2.7% share of total exports. It was followed by the United States, with a 0.4% share.

From 2012 to 2021, the average annual growth rate of value to Russia amounted to +78.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-32.0% per year) and the United States (-39.4% per year).

Export Prices by Country

In 2021, the average enamels and glazes export price amounted to $X per ton, increasing by 42% against the previous year. Over the period under review, the export price showed significant growth. The most prominent rate of growth was recorded in 2019 an increase of 147% against the previous year. Over the period under review, the average export prices reached the peak figure in 2021 and is expected to retain growth in the immediate term.

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 Russia ($X per ton), while the average price for exports to Norway ($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 Poland (+23.7%), while the prices for the other major destinations experienced more modest paces of growth.

Enamels And Glazes Imports

Imports into Sweden

Enamels and glazes imports into Sweden soared to X tons in 2021, rising by 71% against 2020. Over the period under review, imports showed a modest expansion. The pace of growth was the most pronounced in 2013 when imports increased by 117%. As a result, imports attained the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, enamels and glazes imports surged to $X in 2021. In general, imports posted noticeable growth. The most prominent rate of growth was recorded in 2013 with an increase of 114% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest enamels and glazes supplier to Sweden, with a 46% share of total imports. Moreover, enamels and glazes imports from Germany exceeded the figures recorded by the second-largest supplier, Spain (X tons), twofold. Italy (X tons) ranked third in terms of total imports with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled +4.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (+13.1% per year) and Italy (+43.3% per year).

In value terms, the largest enamels and glazes suppliers to Sweden were Italy ($X), Germany ($X) and the United States ($X), together accounting for 80% of total imports.

Italy, with a CAGR of +57.3%, recorded 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

In 2021, the average enamels and glazes import price amounted to $X per ton, increasing by 15% against the previous year. In general, import price indicated a modest increase from 2012 to 2021: its price increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, enamels and glazes import price increased by +63.2% against 2019 indices. The growth pace was the most rapid in 2014 when the average import price increased by 48% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2016; however, from 2017 to 2021, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Austria ($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 United States (+10.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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