Scandinavia: Organic Pigments Market 2024

Organic Pigments Market Size in Scandinavia

In 2022, after two years of growth, there was significant decline in the Scandinavia organic pigments market, when its value decreased by X% to $X. Overall, consumption showed a perceptible slump. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Organic Pigments Production in Scandinavia

In value terms, organic pigments production reduced to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt shrinkage. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Organic Pigments Exports

Exports in Scandinavia

In 2022, overseas shipments of synthetic organic coloring matter and pigments increased by X% to X tons, rising for the sixth year in a row after three years of decline. In general, exports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

In value terms, organic pigments exports shrank to $X in 2022. Overall, exports, however, continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sweden was the key exporting country with an export of about X tons, which amounted to X% of total exports. Norway (X tons) ranks second in terms of the total exports with a X% share, followed by Finland (X%).

Sweden was also the fastest-growing in terms of the synthetic organic coloring matter and pigments exports, with a CAGR of X% from 2012 to 2022. Norway experienced a relatively flat trend pattern. Finland (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Sweden increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

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

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

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per ton, falling by X% against the previous year. Over the period under review, the export price continues to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2021 when the export price increased by X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

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

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

Organic Pigments Imports

Imports in Scandinavia

In 2022, overseas purchases of synthetic organic coloring matter and pigments decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, imports showed a abrupt contraction. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, organic pigments imports declined slightly to $X in 2022. Over the period under review, imports recorded a pronounced descent. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Finland (X tons) and Sweden (X tons) represented the major importers of synthetic organic coloring matter and pigments in Scandinavia, together committing X% of total imports. It was distantly followed by Norway (X tons), comprising a X% share of total imports.

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

In value terms, Sweden ($X), Norway ($X) and Finland ($X) appeared to be the countries with the highest levels of imports in 2022.

Sweden, with a CAGR of X%, recorded the highest growth rate of 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 2022, the import price in Scandinavia amounted to $X per ton, increasing by X% against the previous year. Import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, organic pigments import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2019 when the import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the import prices remained at a somewhat 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 Norway ($X per ton), while Finland ($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 mixed trends in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :