From 2012 to 2016, the Ethylene-Vinyl Acetate (EVA) copolymers market in Sweden saw marginal growth, with increases in volume stabilizing around 9.3 million kilograms. However, starting in 2017, the market experienced a significant downturn with a consistent annual decrease in volume. The largest declines were observed from 2017 to 2020, with year-on-year reductions ranging from 4.24% to 7.3%. In recent years, from 2021 to 2022, the rate of decline has slowed down to between -1.11% and -1.78%. Over the last five years, the compound annual growth rate (CAGR) has averaged -3.8% through 2022, indicating a steady contraction of the market.
Future trends to watch for include potential stabilization in the downward trend of EVA copolymer volumes due to market adjustments and possibly new applications or demand from emerging sectors. Green and sustainable materials could also impact the market, either fostering innovation within EVA applications or catalyzing a shift towards alternative materials.
How does Sweden rank in Ethylene-Vinyl Acetate Copolymers Market Size Volume?
| # | 6 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
|---|---|---|---|---|---|---|
| 1 | 1 Italy | 107,170,000 | 2023 | +1.74% | -0.4% | View data |
| 2 | 2 Spain | 50,361,000 | 2023 | -2.54% | -2.62% | View data |
| 3 | 3 Denmark | 18,182,000 | 2023 | +3.27% | +3.25% | View data |
| 4 | 4 Netherlands | 17,502,000 | 2023 | +0.28% | -2.43% | View data |
| 5 | 5 Finland | 7,239,700 | 2023 | +1.45% | +3.39% | View data |
| 6 | 6 Sweden | 6,767,900 | 2023 | -3.4% | -3.31% |
