Scandinavia: Footwear Treatments Market 2024

Footwear Treatments Market Size in Scandinavia

In 2022, the Scandinavia footwear treatments market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption, however, saw a mild decrease. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2022, consumption remained at a lower figure.

Footwear Treatments Production in Scandinavia

In value terms, footwear treatments production declined modestly to $X in 2022 estimated in export price. Over the period under review, production, however, showed a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Footwear Treatments Exports

Exports in Scandinavia

In 2022, shipments abroad of polishes and creams for footwear or leather was finally on the rise to reach X tons after three years of decline. Over the period under review, exports, however, saw a pronounced descent. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, the exports reached the peak of X tons. From 2019 to 2022, the growth of the exports failed to regain momentum.

In value terms, footwear treatments exports expanded notably to $X in 2022. Overall, exports, however, continue to indicate a mild decline. The most prominent rate of growth was recorded in 2015 with an increase of X%. Over the period under review, the exports reached the maximum at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Sweden represented the largest exporter of polishes and creams for footwear or leather in Scandinavia, with the volume of exports finishing at X tons, which was approx. X% of total exports in 2022. It was distantly followed by Finland (X tons) and Norway (X tons), together constituting a X% share of total exports.

Exports from Sweden decreased at an average annual rate of X% from 2012 to 2022. At the same time, Finland (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. By contrast, Norway (X%) illustrated a downward trend over the same period. While the share of Finland (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Sweden (X p.p.) and Norway (X p.p.) displayed negative dynamics.

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

In Sweden, footwear treatments exports remained relatively stable over the period from 2012-2022. 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

In 2022, the export price in Scandinavia amounted to $X per ton, dropping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2020 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per ton in 2021, and then shrank in the following year.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Norway ($X per ton) was amongst the lowest.

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

Footwear Treatments Imports

Imports in Scandinavia

In 2022, purchases abroad of polishes and creams for footwear or leather increased by X% to X tons, rising for the second year in a row after four years of decline. Over the period under review, imports, however, saw a abrupt descent. The most prominent rate of growth was recorded in 2016 when imports increased by X%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports remained at a lower figure.

In value terms, footwear treatments imports rose remarkably to $X in 2022. Overall, imports, however, recorded a perceptible setback. The pace of growth appeared the most rapid in 2016 when imports increased by X%. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Sweden represented the major importing country with an import of about X tons, which accounted for X% of total imports. Norway (X tons) took a X% share (based on physical terms) of total imports, which put it in second place, followed by Finland (X%).

Sweden was also the fastest-growing in terms of the polishes and creams for footwear or leather imports, with a CAGR of X% from 2012 to 2022. Finland (X%) and Norway (X%) illustrated a downward trend over the same period. While the share of Sweden (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Norway (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest footwear treatments importing markets in Scandinavia were Sweden ($X), Norway ($X) and Finland ($X).

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

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2022, dropping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 an increase of X%. The level of import peaked at $X per ton in 2021, and then fell slightly in the following year.

Average prices varied somewhat amongst the major importing countries. In 2022, 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 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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