Mastics, fillers and surfacing preparations market in Sweden

Earlier Report Observations

The market volume for mastics, fillers and surfacing preparations in Sweden underwent notable shifts between 2020 and 2024. After maintaining a level near 338 thousand tons in 2020 and 2021, consumption decreased to 330.5 thousand tons in 2022 and fell more sharply to 294.5 thousand tons in 2023. The following year brought a recovery, with volume rising to 312.6 thousand tons.

In value terms, the market demonstrated greater stability. It grew from 206.5 million US dollars in 2020 to 214.6 million in 2021 and hovered around 214 million through 2023, before a modest decline to 209.8 million in 2024. The contrasting trends in volume and value point to changes in product composition or average prices during this period.

Domestic production ranged from 390 to 415 thousand tons annually across the five years. Concurrently, import volumes fell from 95.3 thousand tons in 2020 to 67.6 thousand tons in 2024, while exports also followed a downward trajectory, influencing the net available market supply.

Production mastics, fillers and surfacing preparations in Sweden

In value, 2017-2020, M $ US

Annual dynamics of production in Sweden in value, 2017-2020, M $ US

In kind, 2017-2020, K t

Annual dynamics of production in Sweden in kind, 2017-2020, K t

Exports mastics, fillers and surfacing preparations from Sweden

Exports in kind, K t

Sweden's exports of mastics, fillers, and surfacing preparations declined for the second year in a row. In 2020, the country shipped 166.2 K t of these products abroad, marking a 4.0% decrease from the previous year. Looking at the period from 2017 to 2020, exports fell by 2.4%, which translates to an average annual decline of 0.8%. The peak export volume was recorded in 2018 at 180.2 K t, with the largest year-on-year increase of 5.8% also occurring that year.

Annual dynamics of product's exports from Sweden in kind, 2017-2020, K t

From 2017 to 2020, Norway, Denmark, and Finland dominated Sweden's exports of mastics, fillers, and surfacing preparations in volume terms. Norway accounted for 52.3% of exports, Denmark for 16.9%, and Finland for 7.6%. Together, these three countries represented 76.8% of Sweden's total export flows in this category.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Sweden in kind, 2017-2020

Exports in value, M $ US

In 2020, Sweden's exports of mastics, fillers, and surfacing preparations reached 131.7 M $ US, showing a 2.0% increase compared to 2019. However, over the broader period from 2017 to 2020, exports declined by 3.7%, averaging an annual drop of 1.2%. The lowest value was recorded in 2019 at 129.1 M $ US, while the highest was in 2018 at 142.5 M $ US. The largest decrease occurred in 2019 with a 9.4% fall, and the largest increase was in 2018 with a 4.2% rise.

Annual dynamics of product's exports from Sweden in value, 2017-2020, M $ US

Between 2017 and 2020, Norway, Denmark, and Finland were the top contributors to Sweden's exports of mastics, fillers, and surfacing preparations in value terms. Norway made up 33.5% of exports, Denmark 22.5%, and Finland 11.4%. Collectively, these three countries accounted for 67.4% of Sweden's total export value in this sector.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Sweden in value, 2017-2020

Imports mastics, fillers and surfacing preparations to Sweden

Imports in kind, K t

Sweden's imports of mastics, fillers, and surfacing preparations increased for the third consecutive year. In 2020, imports totaled 95.3 K t, which was 2.2% higher than in 2019. Over the four-year span from 2017 to 2020, imports grew by 11%, with a compound annual growth rate of 3.5%.

Annual dynamics of product's imports to Sweden in kind, 2017-2020, K t

From 2017 to 2020, Germany, Denmark, and Norway were the primary sources for Sweden's imports of mastics, fillers, and surfacing preparations in volume terms. Germany supplied 32.9% of imports, Denmark 32.0%, and Norway 12.6%. Together, these three partners accounted for 77.5% of Sweden's total import volume in this category.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Sweden in kind, 2017-2020

Imports in value, M $ US

In 2020, Sweden imported 126.2 M $ US worth of mastics, fillers, and surfacing preparations, reflecting a modest 6.7% increase from 2019. Over the period from 2017 to 2020, imports rose by 7.1%, averaging an annual growth rate of 2.3%. The highest import value was recorded in 2018 at 132.2 M $ US. The largest decline occurred in 2019 with a 10.5% drop, while the largest increase was in 2018 with a 12.3% rise.

Annual dynamics of product's imports to Sweden in value, 2017-2020, M $ US

During 2017 to 2020, Germany, Denmark, and Norway were the largest suppliers of mastics, fillers, and surfacing preparations to Sweden in value terms. Germany accounted for 32.2% of imports, Denmark for 20.6%, and Norway for 9.8%. Combined, these three countries formed 62.6% of Sweden's total import value in this sector.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Sweden in value, 2017-2020