Scandinavia - Ethylene - Market Analysis, Forecast, Size, Trends and Insights
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View PricingScandinavia: Ethylene Market 2024
Ethylene Market Size in Scandinavia
In 2021, after two years of growth, there was significant decline in the Scandinavia ethylene market, when its value decreased by -23.8% to $X. Over the period under review, consumption saw a mild curtailment. As a result, consumption reached the peak level of $X, and then reduced sharply in the following year.
Ethylene Production in Scandinavia
In value terms, ethylene production expanded slightly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 17% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.
Ethylene Exports
Exports in Scandinavia
In 2021, after two years of decline, there was significant growth in shipments abroad of ethylene, when their volume increased by 83% to X tons. Overall, exports continue to indicate a remarkable increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
In value terms, ethylene exports surged to $X in 2021. In general, exports showed a resilient expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Exports by Country
Norway was the main exporter of ethylene in Scandinavia, with the volume of exports reaching X tons, which was near 87% of total exports in 2021. It was distantly followed by Finland (X tons), comprising a 12% share of total exports.
From 2012 to 2021, average annual rates of growth with regard to ethylene exports from Norway stood at +12.3%. At the same time, Finland (+12.9%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +12.9% from 2012-2021. From 2012 to 2021, the share of Norway increased by +1.5 percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Norway ($X) remains the largest ethylene supplier in Scandinavia, comprising 86% of total exports. The second position in the ranking was taken by Finland ($X), with a 13% share of total exports.
In Norway, ethylene exports increased at an average annual rate of +9.8% over the period from 2012-2021.
Export Prices by Country
The export price in Scandinavia stood at $X per ton in 2021, growing by 47% against the previous year. Over the period under review, the export price, however, showed a perceptible setback. The level of export peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.
Average prices varied noticeably amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Finland ($X per ton), while Norway stood at $X per ton.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (-1.9%).
Ethylene Imports
Imports in Scandinavia
After two years of growth, purchases abroad of ethylene decreased by -65.5% to X tons in 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 251% against the previous year. As a result, imports attained the peak of X tons, and then fell notably in the following year.
In value terms, ethylene imports contracted markedly to $X in 2021. In general, imports continue to indicate a noticeable reduction. The growth pace was the most rapid in 2020 when imports increased by 149%. As a result, imports reached the peak of $X, and then dropped markedly in the following year.
Imports by Country
The purchases of the one major importers of ethylene, namely Sweden, represented more than two-thirds of total import.
Sweden was also the fastest-growing in terms of the ethylene imports, with a CAGR of +1.7% from 2012 to 2021. While the share of Sweden (+18 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Sweden ($X) constitutes the largest market for imported ethylene in Scandinavia.
From 2012 to 2021, the average annual growth rate of value in Sweden stood at -1.5%.
Import Prices by Country
In 2021, the import price in Scandinavia amounted to $X per ton, increasing by 42% against the previous year. Overall, the import price, however, continues to indicate a noticeable curtailment. Over the period under review, import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices remained at a lower figure.
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 -3.2% per year.
Source: IndexBox Platform
This report provides an in-depth analysis of the ethylene market in Scandinavia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20141130 - Ethylene
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Scandinavia, split by region and country
- Trade (exports and imports) in Scandinavia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Finland
- Norway
- Sweden
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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