From 2012 to 2022, Sweden's Polyethylene Terephthalate (PET) market size fluctuated. The market started at 32.832 million kilograms in 2012, dipped to its lowest in 2014 at 31.327 million kilograms, and then saw some recovery reaching 35.526 million kilograms in 2019. Recent years have shown slight declines with the volume standing at 34.401 million kilograms in 2022.
Key year-on-year variations include:
- 2013: -2.04%
- 2014: -2.59%
- 2015: 2.29%
- 2016: -1.98%
- 2017: 8.79%
- 2018: 2.61%
- 2019: 1.32%
- 2020: -2.56%
- 2021: -1.9%
- 2022: 1.3%
The Compound Annual Growth Rate (CAGR) over the last five years is around 0.13%, reflecting a very modest long-term growth.
Looking ahead, factors to monitor include sustainability trends, regulatory changes, and technological advancements in recycling. These will likely influence the demand and production of PET in Sweden, necessitating strategic adaptation for stakeholders in the market.
