Scandinavia: Pharmaceutical Rubber Articles Market 2024

Pharmaceutical Rubber Articles Market Size in Scandinavia

In 2022, the Scandinavia pharmaceutical rubber articles market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. In general, consumption recorded a noticeable contraction. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Pharmaceutical Rubber Articles Production in Scandinavia

In value terms, pharmaceutical rubber articles production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production showed a deep setback. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Pharmaceutical Rubber Articles Exports

Exports in Scandinavia

In 2022, overseas shipments of hygienic or pharmaceutical articles of rubber decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X%. As a result, the exports reached the peak of X units. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, pharmaceutical rubber articles exports dropped remarkably to $X in 2022. Over the period under review, exports recorded a pronounced slump. The growth pace was the most rapid in 2017 with an increase of X%. The level of export peaked at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

Sweden dominates exports structure, resulting at X units, which was near X% of total exports in 2022. Norway (X units) and Finland (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to pharmaceutical rubber articles exports from Sweden stood at X%. At the same time, Finland (X%) and Norway (X%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of X% from 2012-2022. Finland (X p.p.) and Norway (X p.p.) significantly strengthened its position in terms of the total exports, while Sweden saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Sweden ($X) remains the largest pharmaceutical rubber articles supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was held by Finland ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Sweden totaled X%. The remaining exporting countries recorded the following average annual rates of exports growth: Finland (X% per year) and Norway (X% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per unit in 2022, which is down by X% against the previous year. In general, the export price saw a slight decrease. The pace of growth appeared the most rapid in 2018 an increase of X%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per unit), while Norway ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (X%), while the other leaders experienced a decline in the export price figures.

Pharmaceutical Rubber Articles Imports

Imports in Scandinavia

In 2022, imports of hygienic or pharmaceutical articles of rubber in Scandinavia shrank to X units, waning by X% against the year before. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports reached the peak of X units, and then fell in the following year.

In value terms, pharmaceutical rubber articles imports fell markedly to $X in 2022. In general, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then fell notably in the following year.

Imports by Country

In 2022, Sweden (X units) represented the main importer of hygienic or pharmaceutical articles of rubber, generating X% of total imports. Norway (X units) ranks second in terms of the total imports with a X% share, followed by Finland (X%).

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Norway (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Sweden ($X) constitutes the largest market for imported hygienic or pharmaceutical articles of rubber in Scandinavia, comprising X% of total imports. The second position in the ranking was taken by Norway ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Sweden was relatively modest. In the other countries, the average annual rates were as follows: Norway (X% per year) and Finland (X% per year).

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Finland ($X per unit), while Norway ($X per unit) was amongst the lowest.

From 2012 to 2022, 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

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