Scandinavia: Nonwoven Fabric Market 2024

Nonwoven Fabric Market Size in Scandinavia

For the twelfth year in a row, the Scandinavia nonwoven fabric market recorded growth in sales value, which increased by X% to $X in 2023. In general, consumption, however, continues to indicate a remarkable increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Nonwoven Fabric Production in Scandinavia

In value terms, nonwoven fabric production soared to $X in 2023 estimated in export price. The total production indicated a resilient increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production increased by X% against 2016 indices. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Nonwoven Fabric Exports

Exports in Scandinavia

In 2023, shipments abroad of nonwoven fabrics decreased by X% to X tons, falling for the third year in a row after two years of growth. The total export volume increased at an average annual rate of X% from 2012 to 2023; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2015 with an increase of X%. Over the period under review, the exports reached the peak figure at X tons in 2020; however, from 2021 to 2023, the exports stood at a somewhat lower figure.

In value terms, nonwoven fabric exports contracted to $X in 2023. Total exports indicated a moderate expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, exports increased by X% against 2015 indices. The growth pace was the most rapid in 2022 when exports increased by X%. As a result, the exports attained the peak of $X, and then fell modestly in the following year.

Exports by Country

Sweden was the main exporting country with an export of around X tons, which accounted for X% of total exports. It was distantly followed by Finland (X tons), creating a X% share of total exports.

Sweden was also the fastest-growing in terms of the nonwoven fabrics exports, with a CAGR of X% from 2012 to 2023. Finland (X%) illustrated a downward trend over the same period. From 2012 to 2023, the share of Sweden increased by X percentage points.

In value terms, the largest nonwoven fabric supplying countries in Scandinavia were Sweden ($X) and Finland ($X).

Finland, with a CAGR of X%, recorded the highest growth rate of the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2023, remaining constant against the previous year. Export price indicated temperate growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, nonwoven fabric export price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2022 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, leveling off in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Finland ($X per ton), while Sweden stood at $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Finland (X%).

Nonwoven Fabric Imports

Imports in Scandinavia

In 2023, purchases abroad of nonwoven fabrics decreased by X% to X tons, falling for the second consecutive year after five years of growth. The total import volume increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2021; however, from 2022 to 2023, imports failed to regain momentum.

In value terms, nonwoven fabric imports declined notably to $X in 2023. Total imports indicated a mild increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports decreased by X% against 2021 indices. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports failed to regain momentum.

Imports by Country

Sweden was the largest importer of nonwoven fabrics in Scandinavia, with the volume of imports accounting for X tons, which was approx. X% of total imports in 2023. Finland (X tons) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Norway (X%).

Sweden was also the fastest-growing in terms of the nonwoven fabrics imports, with a CAGR of X% from 2012 to 2023. Finland and Norway experienced a relatively flat trend pattern. While the share of Sweden (X p.p.) increased significantly in terms of the total imports from 2012-2023, the share of Finland (X p.p.) and Norway (X p.p.) displayed negative dynamics.

In value terms, Sweden ($X) constitutes the largest market for imported nonwoven fabrics in Scandinavia, comprising X% of total imports. The second position in the ranking was held by Finland ($X), with a X% share of total imports.

In Sweden, nonwoven fabric imports increased at an average annual rate of X% over the period from 2012-2023. The remaining importing countries recorded the following average annual rates of imports growth: Finland (X% per year) and Norway (X% per year).

Import Prices by Country

In 2023, the import price in Scandinavia amounted to $X per ton, approximately equating the previous year. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X% against the previous year. Over the period under review, import prices attained the peak figure in 2023 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Norway ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Finland (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform