Scandinavia: Odoriferous Substance Mixture Market 2024

Odoriferous Substance Mixture Market Size in Scandinavia

The Scandinavia odoriferous substance mixture market surged to $X in 2022, with an increase of X% against the previous year. The total consumption indicated a prominent expansion from 2012 to 2022: its value 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, consumption increased by X% against 2019 indices. Over the period under review, the market reached the peak level in 2022 and is likely to see gradual growth in the near future.

Odoriferous Substance Mixture Production in Scandinavia

In value terms, odoriferous substance mixture production soared to $X in 2022 estimated in export price. Overall, production posted a pronounced increase. The pace of growth appeared the most rapid in 2020 with an increase of X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a lower figure.

Odoriferous Substance Mixture Exports

Exports in Scandinavia

After two years of growth, overseas shipments of mixtures of odoriferous substances and their preparations decreased by X% to X tons in 2022. Over the period under review, exports, however, saw a tangible expansion. The pace of growth was the most pronounced in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2021, and then fell slightly in the following year.

In value terms, odoriferous substance mixture exports amounted to $X in 2022. Overall, exports, however, recorded a measured increase. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, Sweden (X tons) represented the main exporter of mixtures of odoriferous substances and their preparations, constituting X% of total exports. It was distantly followed by Norway (X tons) and Finland (X tons), together achieving an X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to odoriferous substance mixture exports from Sweden stood at X%. At the same time, Finland (X%) and Norway (X%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of X% from 2012-2022. Norway (X p.p.) and Finland (X p.p.) significantly strengthened its position in terms of the total exports, while Sweden saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Sweden ($X) remains the largest odoriferous substance mixture supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was taken by Norway ($X), with a X% share of total exports.

In Sweden, odoriferous substance mixture exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Norway (X% per year) and Finland (X% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, increasing by X% against the previous year. Overall, the export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Finland ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (X%), while the other leaders experienced a decline in the export price figures.

Odoriferous Substance Mixture Imports

Imports in Scandinavia

In 2022, the amount of mixtures of odoriferous substances and their preparations imported in Scandinavia amounted to X tons, leveling off at the previous year's figure. Total imports indicated modest growth from 2012 to 2022: its volume 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, imports decreased by X% against 2018 indices. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, odoriferous substance mixture imports amounted to $X in 2022. Total imports indicated buoyant growth from 2012 to 2022: its value 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, imports increased by X% against 2015 indices. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in years to come.

Imports by Country

Sweden was the key importing country with an import of about X tons, which recorded X% of total imports. Norway (X tons) ranks second in terms of the total imports with a X% share, followed by Finland (X%).

Imports into Sweden increased at an average annual rate of X% from 2012 to 2022. At the same time, Finland (X%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of X% from 2012-2022. Norway experienced a relatively flat trend pattern. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) constitutes the largest market for imported mixtures of odoriferous substances and their preparations in Scandinavia, comprising X% of total imports. The second position in the ranking was taken by Norway ($X), with a X% share of total imports.

In Sweden, odoriferous substance mixture imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Norway (X% per year) and Finland (X% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2022, surging by X% against the previous year. Import price indicated a temperate increase 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, odoriferous substance mixture import price increased by X% against 2017 indices. The most prominent rate of growth was recorded in 2021 an increase of X%. The level of import peaked in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Norway ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, 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

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