Sweden: Vulcanised Rubber Seal Market 2024

Vulcanised Rubber Seal Market Size in Sweden

In 2022, after five years of growth, there was decline in the Swedish vulcanised rubber seal market, when its value decreased by X% to $X. Over the period under review, consumption, however, posted a buoyant expansion. As a result, consumption reached the peak level of $X, and then reduced slightly in the following year.

Vulcanised Rubber Seal Production in Sweden

In value terms, vulcanised rubber seal production reduced to $X in 2022 estimated in export price. In general, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X, and then declined in the following year.

Vulcanised Rubber Seal Exports

Exports from Sweden

In 2022, approx. X tons of seals of vulcanised rubber were exported from Sweden; approximately reflecting the previous year. Overall, exports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

In value terms, vulcanised rubber seal exports shrank to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X%. As a result, the exports attained the peak of $X, and then reduced slightly in the following year.

Exports by Country

Germany (X tons), the United States (X tons) and the Netherlands (X tons) were the main destinations of vulcanised rubber seal exports from Sweden, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for vulcanised rubber seal exported from Sweden were the United States ($X), Germany ($X) and China ($X), together accounting for X% of total exports. The Netherlands, the UK, Norway, Denmark, Finland, Italy, France, Belgium, Poland and Estonia lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Finland, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average vulcanised rubber seal export price stood at $X per ton in 2022, falling 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 an increase of X%. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Estonia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Vulcanised Rubber Seal Imports

Imports into Sweden

For the fourth consecutive year, Sweden recorded decline in purchases abroad of seals of vulcanised rubber, which decreased by X% to X tons in 2022. Over the period under review, imports saw a slight decline. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, vulcanised rubber seal imports rose notably to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to continue growth in the immediate term.

Imports by Country

Poland (X tons), Germany (X tons) and Sri Lanka (X tons) were the main suppliers of vulcanised rubber seal imports to Sweden, together comprising X% of total imports. France, China, Italy, the Czech Republic, Denmark, Estonia, Belgium, Turkey, Norway and the Netherlands lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for the Czech Republic (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest vulcanised rubber seal suppliers to Sweden were Germany ($X), Poland ($X) and Italy ($X), with a combined X% share of total imports. France, China, Sri Lanka, Denmark, Estonia, Belgium, the Netherlands, Turkey, Norway and the Czech Republic lagged somewhat behind, together accounting for a further X%.

In terms of the main suppliers, Turkey, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average vulcanised rubber seal import price amounted to $X per ton, surging by X% against the previous year. In general, import price indicated measured growth 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, vulcanised rubber seal import price increased by X% against 2015 indices. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The import price peaked in 2022 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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