Plastic fittings for furniture and coachwork market in Sweden

Earlier Report Observations

The Swedish market for plastic fittings for furniture and coachwork, measured in volume, increased from 7 915 t in 2018 to a peak of 9 224 t in 2021. This growth was reversed in the following years, with a sharp decline to 6 063 t in 2022 and further to 4 629 t by 2024, representing a total drop of 50% from the 2021 high.

In value terms, the market showed more volatility, rising sharply by 35% to USD 66.7 million in 2019 and reaching USD 72.6 million in 2021. Despite the volume contraction, the market value in 2024 stood at USD 62.9 million, which is 28% higher than in 2018, suggesting changes in average prices or product composition.

Domestic production volume remained around 4 700 t until 2021 but fell to 3 170 t in 2024. Imports, a key supply source, also decreased after 2021, from 7 257 t to 3 748 t in 2024, while exports gradually declined, reducing the net outflow and partially offsetting the market shrinkage.

Production plastic fittings for furniture and coachwork in Sweden

In value, 2017-2020, K $ US

Sweden's production of plastic fittings for furniture and coachwork declined after two years of growth. In 2019, output reached its peak at 50 761 thousand US dollars, but by 2020 it had fallen to 49 439 thousand US dollars, marking a modest 2.6% decrease. Over the period from 2017 to 2020, production grew by 64.8%, which translates to an average annual increase of 18.1%. The most significant year-on-year growth occurred in 2019, with a 49.1% rise.

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

In kind, 2017-2020, t

Sweden's production volume of plastic fittings for furniture and coachwork increased for the third consecutive year. In 2020, output reached 4 767 tonnes, up 1.3% from the previous year. From 2017 to 2020, production grew by 17.3%, averaging an annual increase of 5.5%.

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

Exports plastic fittings for furniture and coachwork from Sweden

Exports in kind, t

Sweden's exports of plastic fittings for furniture and coachwork declined for the second year in a row. In 2020, exports totaled 2 556 tonnes, down 9.3% from 2019. Over the 2017-2020 period, exports fell by 34.2%, equivalent to an average annual decrease of 13.0%. The highest export volume was recorded in 2018 at 3 963 tonnes. The sharpest decline occurred in 2019, with a 28.9% drop, while the largest increase was in 2018, at 2.1%.

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

From 2017 to 2020, Sweden's exports of plastic fittings for furniture and coachwork were distributed across a broad range of partner countries. Poland accounted for 18.7% of exports, Slovakia for 18.1%, and Norway for 12.0%. Together, these three countries represented 48.8% of total export flows.

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 export value of plastic fittings for furniture and coachwork fell for the second consecutive year. In 2020, exports amounted to 41 222 thousand US dollars, an 8.4% decrease from the previous year. Between 2017 and 2020, exports declined by 14.9%, averaging an annual drop of 5.3%. The peak value was recorded in 2018 at 49 029 thousand US dollars, with the largest increase that year at 1.2%.

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

From 2017 to 2020, Sweden's export value of plastic fittings for furniture and coachwork was spread across numerous partner countries. Poland accounted for 12.6% of exports, China for 12.3%, and Norway for 11.8%. Combined, these three countries made up 36.7% of total export flows.

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

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

Imports plastic fittings for furniture and coachwork to Sweden

Imports in kind, t

Sweden's import volume of plastic fittings for furniture and coachwork decreased for the second year in a row. In 2020, imports stood at 5 972 tonnes, down 9.0% from 2019. Over the 2017-2020 period, imports fell by 3.2%, with an average annual decline of 1.1%. The highest import volume was in 2018 at 7 200 tonnes, and the largest increase occurred that year, at 16.7%.

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

From 2017 to 2020, Germany was the dominant source for Sweden's imports of plastic fittings for furniture and coachwork, accounting for 47.0% of imports. Poland contributed 6.3% and Italy 6.2%. Together, these three countries represented 59.5% of total import 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

Sweden's import value of plastic fittings for furniture and coachwork declined for the third consecutive year. In 2020, imports totaled 57 299 thousand US dollars, a modest 6.0% decrease from 2019. Over the 2017-2020 period, imports fell by 13.9%, with an average annual decline of 4.9%.

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

From 2017 to 2020, no single country dominated Sweden's import value of plastic fittings for furniture and coachwork. Germany accounted for 26.4% of imports, Poland for 12.8%, and Czechia for 7.2%. Together, these three countries represented 46.5% of total import flows, with many smaller partners each holding modest individual shares.

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

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