The UK, Norway and Finland Benefit from Rising Sweden’s Ethylene Imports
Oct 14, 2021
381
Sweden is rapidly ramping up ethylene imports. In the first half of 2021, Sweden purchased 100K tons of ethylene. Last year, imports spiked from $125M to $388M, or from 116K tons to 525K tons in physical terms. The UK, Norway and Finland supply 80% of Sweden's ethylene imports. In 2020, the UK's exports rose fourfold, while Norway's and Finland's recorded an eightfold increase. The average ethylene import price dropped by -31.8% y-o-y to $739 per ton.