Scandinavia: Market for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals 2024

Market Size for Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in Scandinavia

In 2021, after two years of decline, there was significant growth in the Scandinavia market for chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals, when its value increased by 12% to $X. The market value increased at an average annual rate of +4.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Production of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals in Scandinavia

In value terms, production of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals rose notably to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +4.2% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 with an increase of 69%. As a result, production reached the peak level of $X. From 2014 to 2021, production of growth remained at a lower figure.

Exports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Exports in Scandinavia

In 2021, overseas shipments of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals decreased by -13.8% to X tons for the first time since 2018, thus ending a two-year rising trend. In general, exports, however, continue to indicate a significant increase. The growth pace was the most rapid in 2017 with an increase of 212% against the previous year. Over the period under review, the exports of reached the maximum at X tons in 2020, and then contracted in the following year.

In value terms, exports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals shrank to $X in 2021. Over the period under review, exports, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2013 when exports increased by 283% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2020, and then declined in the following year.

Exports by Country

Denmark represented the main exporting country with an export of about X tons, which reached 67% of total exports. It was distantly followed by Sweden (X tons), comprising a 32% share of total exports.

Denmark was also the fastest-growing in terms of the chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals exports, with a CAGR of +55.2% from 2012 to 2021. At the same time, Sweden (+39.8%) displayed positive paces of growth. While the share of Denmark (+33 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Sweden (-9.9 p.p.) displayed negative dynamics.

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

Denmark, with a CAGR of +35.6%, recorded the highest growth rate of the value of exports, in terms of 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, rising by 6.7% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt shrinkage. The growth pace was the most rapid in 2013 when the export price increased by 89% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2021, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Sweden ($X per ton), while Denmark stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (-11.9%).

Imports of Chlorides And Chloride Oxides Of Phosphorus And Halides And Halide-Oxides Of Non-Metals

Imports in Scandinavia

In 2021, approx. X tons of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals were imported in Scandinavia; with an increase of 42% compared with the year before. In general, imports, however, saw a abrupt contraction. Over the period under review, imports of reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, imports of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals rose sharply to $X in 2021. Over the period under review, imports, however, continue to indicate a abrupt slump. The growth pace was the most rapid in 2014 with an increase of 46% against the previous year. Over the period under review, imports of attained the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Finland represented the main importer of chlorides and chloride oxides of phosphorus and halides and halide-oxides of non-metals in Scandinavia, with the volume of imports resulting at X tons, which was approx. 66% of total imports in 2021. Denmark (X tons) ranks second in terms of the total imports with a 13% share, followed by Sweden (13%) and Norway (8.4%).

Imports into Finland increased at an average annual rate of +1.7% from 2012 to 2021. At the same time, Denmark (+11.5%) and Norway (+9.2%) displayed positive paces of growth. Moreover, Denmark emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of +11.5% from 2012-2021. By contrast, Sweden (-26.7%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Finland, Denmark and Norway increased by +45, +11 and +7 percentage points, respectively.

In value terms, Finland ($X), Norway ($X) and Sweden ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 78% share of total imports.

Among the main importing countries, Norway, with a CAGR of +6.2%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Scandinavia amounted to $X per ton, reducing by -20.4% against the previous year. Overall, the import price continues to indicate a mild decrease. The most prominent rate of growth was recorded in 2020 an increase of 17% against the previous year. As a result, import price reached the peak level of $X per ton, and then dropped rapidly in the following year.

Prices varied noticeably country of destination: the country with the highest price was Norway ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+4.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform