Scandinavia: Aniline Derivatives Market 2024

Aniline Derivatives Market Size in Scandinavia

In 2021, the Scandinavia aniline derivatives market decreased by -97.9% to $X for the first time since 2014, thus ending a six-year rising trend. In general, consumption recorded a precipitous curtailment. As a result, consumption attained the peak level of $X, and then declined rapidly in the following year.

Aniline Derivatives Production in Scandinavia

In value terms, aniline derivatives production soared to $X in 2021 estimated in export price. The total production indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +6.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 47%. The level of production peaked at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.

Aniline Derivatives Exports

Exports in Scandinavia

Aniline derivatives exports skyrocketed to X tons in 2021, growing by 463% compared with the previous year. Overall, exports, however, saw a abrupt contraction. The pace of growth was the most pronounced in 2015 when exports increased by 787% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2016; however, from 2017 to 2021, the exports failed to regain momentum.

In value terms, aniline derivatives exports soared to $X in 2021. Over the period under review, exports, however, showed a abrupt descent. The level of export peaked at $X in 2016; however, from 2017 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Sweden was the main exporter of aniline derivatives and their salts in Scandinavia, with the volume of exports recording X kg, which was near 72% of total exports in 2021. It was distantly followed by Norway (X kg), achieving a 28% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to aniline derivatives exports from Sweden stood at -7.6%. At the same time, Norway (+25.5%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +25.5% from 2012-2021. Norway (+28 p.p.) and Sweden (+14 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) and Norway ($X) were the countries with the highest levels of exports in 2021.

Sweden, with a CAGR of +1.9%, recorded the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review.

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per ton, shrinking by -26.3% against the previous year. Over the period under review, the export price saw a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when the export price increased by 204%. Over the period under review, the export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Norway ($X per ton), while Sweden totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+10.2%).

Aniline Derivatives Imports

Imports in Scandinavia

In 2021, imports of aniline derivatives and their salts in Scandinavia fell modestly to X tons, dropping by -1.5% on the previous year's figure. Overall, imports saw a deep downturn. The most prominent rate of growth was recorded in 2020 when imports increased by 85%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, aniline derivatives imports soared to $X in 2021. Over the period under review, imports showed a noticeable slump. The growth pace was the most rapid in 2020 when imports increased by 113%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The countries with the highest levels of aniline derivatives imports in 2021 were Sweden (X tons), together amounting to 97% of total import.

Sweden was also the fastest-growing in terms of the aniline derivatives and their salts imports, with a CAGR of -5.0% from 2012 to 2021. From 2012 to 2021, the share of Sweden increased by +24 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) constitutes the largest market for imported aniline derivatives and their salts in Scandinavia.

In Sweden, aniline derivatives imports declined by an average annual rate of -2.2% over the period from 2012-2021.

Import Prices by Country

In 2021, the import price in Scandinavia amounted to $X per ton, with an increase of 32% against the previous year. Import price indicated a temperate increase from 2012 to 2021: its price increased at an average annual rate of +4.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, aniline derivatives import price increased by +81.6% against 2016 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

As there is only one major supplying country, the average price level is determined by prices for Sweden.

From 2012 to 2021, the rate of growth in terms of prices for Sweden amounted to +2.9% per year.

Source: IndexBox Platform