Scandinavia: Cyclic Hydrocarbons Market 2024

Cyclic Hydrocarbons Market Size in Scandinavia

The Scandinavia cyclic hydrocarbons market dropped to $X in 2022, waning by X% against the previous year. In general, consumption recorded a noticeable shrinkage. The level of consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Cyclic Hydrocarbons Production in Scandinavia

In value terms, cyclic hydrocarbons production surged to $X in 2022 estimated in export price. Over the period under review, production recorded a significant increase. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Cyclic Hydrocarbons Exports

Exports in Scandinavia

In 2022, shipments abroad of cyclic hydrocarbons was finally on the rise to reach X tons after three years of decline. In general, exports, however, showed a noticeable downturn. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, cyclic hydrocarbons exports skyrocketed to $X in 2022. Over the period under review, exports, however, continue to indicate a deep setback. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Finland represented the major exporting country with an export of about X tons, which reached X% of total exports. Norway (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Sweden (X%).

From 2012 to 2022, average annual rates of growth with regard to cyclic hydrocarbons exports from Finland stood at X%. At the same time, Norway (X%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of X% from 2012-2022. By contrast, Sweden (X%) illustrated a downward trend over the same period. While the share of Norway (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Finland (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Finland ($X) emerged as the largest cyclic hydrocarbons supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was held by Sweden ($X), with a X% share of total exports.

In Finland, cyclic hydrocarbons exports shrank by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Sweden (X% per year) and Norway (X% per year).

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per ton, with a decrease of X% against the previous year. Overall, the export price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices hit record highs at $X per ton in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other leaders experienced a decline in the export price figures.

Cyclic Hydrocarbons Imports

Imports in Scandinavia

In 2022, the amount of cyclic hydrocarbons imported in Scandinavia fell to X tons, reducing by X% on the previous year's figure. Overall, imports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, cyclic hydrocarbons imports totaled $X in 2022. In general, imports recorded a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Finland (X tons) was the key importer of cyclic hydrocarbons, comprising X% of total imports. It was distantly followed by Sweden (X tons), creating a X% share of total imports.

Finland was also the fastest-growing in terms of the cyclic hydrocarbons imports, with a CAGR of X% from 2012 to 2022. Sweden (X%) illustrated a downward trend over the same period. Finland (X p.p.) significantly strengthened its position in terms of the total imports, while Sweden saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Finland ($X) constitutes the largest market for imported cyclic hydrocarbons in Scandinavia, comprising X% of total imports. The second position in the ranking was taken by Sweden ($X), with a X% share of total imports.

In Finland, cyclic hydrocarbons imports decreased by an average annual rate of X% over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per ton, surging by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of X% against the previous year. The level of import peaked at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per ton), while Finland totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%).

Source: IndexBox Platform