Scandinavia: Book Cover Market 2023

Book Cover Market Size in Scandinavia

After two years of growth, the Scandinavia book cover market decreased by -5.4% to $X in 2021. Over the period under review, consumption saw a perceptible contraction. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Book Cover Production in Scandinavia

In value terms, book cover production fell markedly to $X in 2021 estimated in export price. Overall, production recorded a mild descent. The pace of growth appeared the most rapid in 2014 when the production volume increased by 199%. Over the period under review, production reached the maximum level at $X in 2017; however, from 2018 to 2021, production remained at a lower figure.

Book Cover Exports

Exports in Scandinavia

In 2021, overseas shipments of blotting pads and book covers increased by 14% to X tons, rising for the second year in a row after two years of decline. Overall, exports, however, showed a abrupt decline. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, book cover exports surged to $X in 2021. In general, exports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2018 when exports increased by 41% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Denmark (X tons) and Sweden (X tons) dominates exports structure, together making up 93% of total exports. Norway (X tons) and Finland (X tons) held a minor share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Finland (with a CAGR of +0.6%), while the other leaders experienced a decline in the exports figures.

In value terms, the largest book cover supplying countries in Scandinavia were Denmark ($X), Sweden ($X) and Finland ($X), together accounting for 94% of total exports.

Finland, with a CAGR of +9.3%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2021, with an increase of 2.7% against the previous year. Export price indicated a measured increase from 2012 to 2021: its price increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, book cover export price increased by +129.3% against 2017 indices. The pace of growth appeared the most rapid in 2018 an increase of 68%. Over the period under review, the export prices hit record highs in 2021 and is likely to continue growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+8.6%), while the other leaders experienced mixed trends in the export price figures.

Book Cover Imports

Imports in Scandinavia

In 2021, supplies from abroad of blotting pads and book covers decreased by -11.1% to X tons, falling for the second consecutive year after three years of growth. Overall, imports showed a abrupt curtailment. The pace of growth appeared the most rapid in 2017 with an increase of 6.3% against the previous year. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, book cover imports contracted slightly to $X in 2021. Over the period under review, imports saw a deep contraction. The most prominent rate of growth was recorded in 2018 when imports increased by 10% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of book cover imports in 2021 were Sweden (X tons), Denmark (X tons), Norway (X tons) and Finland (X tons), together accounting for 97% of total import. Iceland (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Iceland (with a CAGR of +11.3%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the largest book cover importing markets in Scandinavia were Sweden ($X), Denmark ($X) and Norway ($X), together accounting for 78% of total imports. Finland and Iceland lagged somewhat behind, together accounting for a further 22%.

Iceland, with a CAGR of +4.9%, recorded the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2021, the import price in Scandinavia amounted to $X per ton, surging by 7.4% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 11%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the import prices remained at a lower figure.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Finland ($X per ton) and Iceland ($X per ton), while Norway ($X per ton) and Sweden ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+0.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Market Intelligence Platform

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