Scandinavia: Market for PVC Floor, Wall and Ceiling Coverings 2024

Market Size for PVC Floor, Wall and Ceiling Coverings in Scandinavia

In 2023, after two years of growth, there was significant decline in the Scandinavia market for PVC floor, wall and ceiling coverings, when its value decreased by X% to $X. Overall, consumption, however, saw a remarkable increase. Over the period under review, the market attained the peak level at $X in 2022, and then fell in the following year.

Production of PVC Floor, Wall and Ceiling Coverings in Scandinavia

In value terms, production of PVC floor, wall and ceiling coverings rose slightly to $X in 2023 estimated in export price. In general, production, however, recorded a slight decrease. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of production peaked at $X in 2019; however, from 2020 to 2023, production failed to regain momentum.

Exports of PVC Floor, Wall and Ceiling Coverings

Exports in Scandinavia

Exports of PVC floor, wall and ceiling coverings contracted to X square meters in 2023, which is down by X% on the previous year's figure. Over the period under review, exports recorded a drastic downturn. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, the exports of attained the peak figure at X square meters in 2015; however, from 2016 to 2023, the exports stood at a somewhat lower figure.

In value terms, exports of PVC floor, wall and ceiling coverings amounted to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of X%. The level of export peaked in 2023 and is expected to retain growth in the near future.

Exports by Country

Sweden prevails in coverings structure, accounting for X square meters, which was near X% of total exports in 2023. The following exporters - Norway (X square meters) and Finland (X square meters) - each finished at a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to PVC floor, wall and ceiling coverings exports from Sweden stood at X%. At the same time, Norway (X%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of X% from 2012-2023. By contrast, Finland (X%) illustrated a downward trend over the same period. While the share of Norway (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) remains the largest PVC floor, wall and ceiling coverings supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was taken by Finland ($X), with a X% share of total exports.

In Sweden, exports of PVC floor, wall and ceiling coverings expanded at an average annual rate of X% over the period from 2012-2023. 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 2023, the export price in Scandinavia amounted to $X per square meter, surging by X% against the previous year. Over the period under review, the export price saw strong growth. The most prominent rate of growth was recorded in 2020 when the export price increased by X% against the previous year. The level of export peaked in 2023 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Sweden ($X per square meter), while Norway ($X per square meter) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of PVC Floor, Wall and Ceiling Coverings

Imports in Scandinavia

In 2023, supplies from abroad of PVC floor, wall and ceiling coverings decreased by X% to X square meters, falling for the fourth consecutive year after eight years of growth. Overall, imports recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. The volume of import peaked at X square meters in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

In value terms, imports of PVC floor, wall and ceiling coverings contracted rapidly to $X in 2023. Total imports indicated temperate growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports of hit record highs at $X in 2022, and then shrank remarkably in the following year.

Imports by Country

Norway was the largest importing country with an import of about X square meters, which amounted to X% of total imports. It was distantly followed by Sweden (X square meters) and Finland (X square meters), together committing a X% share of total imports.

From 2012 to 2023, 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, the largest PVC floor, wall and ceiling coverings importing markets in Scandinavia were Sweden ($X), Finland ($X) and Norway ($X).

Finland, with a CAGR of X%, saw 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 mixed trends in the imports figures.

Import Prices by Country

The import price in Scandinavia stood at $X per square meter in 2023, approximately mirroring the previous year. Overall, the import price, however, saw resilient growth. The pace of growth was the most pronounced in 2020 when the import price increased by X%. The level of import peaked at $X per square meter in 2022, and then contracted modestly in the following year.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Finland ($X per square meter), while Norway ($X per square meter) was amongst the lowest.

From 2012 to 2023, 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