Not ornamented plaster boards and panels market in Sweden

Earlier Report Observations

The market for not ornamented plaster boards in Sweden contracted in physical volume to 56 309 thousand m² in 2020 from 61 112 thousand m² in 2019, while its value increased to 144.9 million US dollars from 141.1 million, indicating rising unit prices. In 2021, the market volume recovered to 59 503 thousand m² and its value grew to 157.4 million US dollars. This increase in market value was partly driven by sharp price increases for building materials, including plaster boards, which varied significantly across different construction supply chains in Sweden.

From 2018 to 2024, imports of plaster boards fell steadily from 28 375 thousand m² to 12 242 thousand m². Exports also declined from 3 962 thousand m² in 2018 to 2 546 thousand m² in 2024, after fluctuating in intervening years. The sustained drop in imports coincided with an increase in domestic production, which rose from 35 479 thousand m² in 2019 to 40 547 thousand m² in 2021.

By 2024, broader industry trends in Sweden pointed to increased construction demand, particularly from small and medium-sized enterprises, which supported the market for building materials. The sector also saw a growing emphasis on sustainable and eco-friendly construction methods, digitalization, and consumer preferences for durable and environmentally friendly products, shaping the operating environment for plaster boards.

Production not ornamented plaster boards and panels in Sweden

In value, 2017-2020, K $ US

In 2020, Sweden's output of not ornamented plaster boards and panels was valued at 95 908 thousand US dollars, marking a 3.5% increase compared to the previous year.

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

In kind, 2017-2020, K m²

In 2020, Sweden produced 36 705 thousand square meters of not ornamented plaster boards and panels, which represents a 3.5% rise from the year before.

Annual dynamics of production in Sweden in kind, 2017-2020, K m²

Exports not ornamented plaster boards and panels from Sweden

Exports in kind, K m²

The market exhibited volatility during these years. Exports reached their lowest point in 2019 at 1 593 thousand square meters, then peaked in 2018 at 3 962 thousand square meters, showing a 2.5-fold difference between these extremes. In 2020, Sweden's foreign supplies of not ornamented plaster boards and panels amounted to 2 043 thousand square meters, reflecting a sharp 28.2% increase from 2019. The largest decline occurred in 2019, dropping by 59.8%, while the largest increase was in 2018, surging by 88.6%.

Annual dynamics of product's exports from Sweden in kind, 2017-2020, K m²

From 2017 to 2020, Norway and Denmark were the primary buyers of not ornamented plaster boards and panels from Sweden, together accounting for 90.0% of total exports in kind, with other countries making up the remainder.

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, K $ US

Sweden's exports of not ornamented plaster boards and panels declined for the second consecutive year. In 2020, exports totaled 6 124 thousand US dollars, showing a modest 9.1% decrease compared to the previous year. Over the period from 2017 to 2020, exports fell by 19.7%, with a compound annual growth rate of -7.0%. The maximum value was recorded in 2018 at 12 610 thousand US dollars. The largest decline occurred in 2019, dropping by 46.6%, while the largest increase was in 2018, rising by 65.4%.

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

Between 2017 and 2020, Norway and Denmark formed a dominant pair of markets for exports in value terms, jointly accounting for 84.3% of total flows, with other countries representing the residual share.

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

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

Imports not ornamented plaster boards and panels to Sweden

Imports in kind, K m²

Sweden's imports of not ornamented plaster boards and panels declined for the second consecutive year. In 2020, imports totaled 22 650 thousand square meters, marking a 20.5% decrease from 2019. From 2017 to 2020, imports fell by 14.3%, equating to an annualized rate of -5.0%. The maximum value was recorded in 2018 at 28 375 thousand square meters. The largest increase occurred in 2018, rising by 12.3%.

Annual dynamics of product's imports to Sweden in kind, 2017-2020, K m²

Over the period from 2017 to 2020, Norway (with 51.4% of imports in kind), the Netherlands (16.5%), and Denmark (15.1%) remained the leading sources in Sweden's import structure for not ornamented plaster boards and panels, together accounting for 83.0% of total flows.

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, K $ US

Cross-border shipments of not ornamented plaster boards and panels to Sweden declined for the second consecutive year. In 2020, imports registered 55 150 thousand US dollars, showing no significant change compared to 2019 on a year-over-year basis. From 2017 to 2020, imports decreased by 8%, with a compound annual growth rate of -2.7%. The maximum value was recorded in 2018 at 61 497 thousand US dollars. The largest decline occurred in 2019, dropping by 10.3%, while the largest increase was in 2018, rising by 2.6%.

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

From 2017 to 2020, Norway (with 61.2% of imports in value terms), Denmark (11.5%), and the Netherlands (11.1%) consistently held leading positions in Sweden's import structure for not ornamented plaster boards and panels, jointly accounting for 83.8% of total flows.

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

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