Sweden: Wadding Market 2025

Wadding Market Size in Sweden

The Swedish wadding market rose markedly to $X in 2021, surging by 12% against the previous year. In general, consumption continues to indicate a strong expansion. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Wadding Production in Sweden

In value terms, wadding production surged to $X in 2021 estimated in export price. Overall, production saw prominent growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by 105% against the previous year. Wadding production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Wadding Exports

Exports from Sweden

In 2021, overseas shipments of wadding increased by 85% to X tons, rising for the third consecutive year after three years of decline. Overall, exports, however, saw a mild reduction. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, wadding exports soared to $X in 2021. Over the period under review, exports saw a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

France (X tons), Denmark (X tons) and Finland (X tons) were the main destinations of wadding exports from Sweden, with a combined 53% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by France (with a CAGR of +60.3%), while the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), the UK ($X) and Finland ($X) constituted the largest markets for wadding exported from Sweden worldwide, with a combined 61% share of total exports. These countries were followed by France, Norway, Poland, Estonia, the Czech Republic, Romania, the Netherlands and China, which together accounted for a further 32%.

France, with a CAGR of +58.2%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average wadding export price amounted to $X per ton, surging by 19% against the previous year. In general, export price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +7.9% 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 2016 an increase of 40% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2017; however, from 2018 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was China ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+49.6%), while the prices for the other major destinations experienced more modest paces of growth.

Wadding Imports

Imports into Sweden

In 2021, imports of wadding into Sweden stood at X tons, picking up by 2.9% against the year before. The total import volume increased at an average annual rate of +2.9% 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 when imports increased by 24%. Imports peaked in 2021 and are likely to continue growth in years to come.

In value terms, wadding imports amounted to $X in 2021. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by 9.8% against the previous year. Over the period under review, imports hit record highs in 2021 and are expected to retain growth in the near future.

Imports by Country

Greece (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of wadding imports to Sweden, with a combined 53% share of total imports. These countries were followed by Denmark, Bulgaria, China, Turkey, France and Switzerland, which together accounted for a further 38%.

From 2012 to 2021, the biggest increases were recorded for Bulgaria (with a CAGR of +1,088.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Greece ($X), Germany ($X) and the Netherlands ($X) constituted the largest wadding suppliers to Sweden, with a combined 47% share of total imports. Bulgaria, China, Turkey, Denmark, France and Switzerland lagged somewhat behind, together accounting for a further 35%.

Bulgaria, with a CAGR of +1,508.5%, saw 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

The average wadding import price stood at $X per ton in 2021, declining by -2.6% against the previous year. Over the period under review, the import price showed a noticeable shrinkage. The growth pace was the most rapid in 2017 an increase of 13% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Switzerland ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Bulgaria (+35.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform