Scandinavia: Gypsum And Anhydrite Market 2024

Gypsum And Anhydrite Market Size in Scandinavia

The Scandinavia gypsum and anhydrite market skyrocketed to $X in 2021, growing by 22% against the previous year. The total consumption indicated tangible growth from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +86.0% against 2015 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Gypsum And Anhydrite Production in Scandinavia

In value terms, gypsum and anhydrite production fell modestly to $X in 2021 estimated in export price. In general, production showed a resilient expansion. The most prominent rate of growth was recorded in 2018 when the production volume increased by 51% against the previous year. The level of production peaked at $X in 2020, and then declined modestly in the following year.

Gypsum And Anhydrite Exports

Exports in Scandinavia

In 2021, after seven years of growth, there was significant decline in overseas shipments of gypsum and anhydrite, when their volume decreased by -13.3% to X tons. The total export volume increased at an average annual rate of +1.9% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 20% against the previous year. As a result, the exports attained the peak of X tons, and then shrank in the following year.

In value terms, gypsum and anhydrite exports plummeted to $X in 2021. Over the period under review, exports, however, enjoyed a remarkable increase. The growth pace was the most rapid in 2017 with an increase of 34%. Over the period under review, the exports hit record highs at $X in 2020, and then shrank remarkably in the following year.

Exports by Country

Norway was the major exporter of gypsum and anhydrite in Scandinavia, with the volume of exports resulting at X tons, which was approx. 79% of total exports in 2021. Sweden (X tons) held a 12% share (based on physical terms) of total exports, which put it in second place, followed by Denmark (9.2%).

Norway experienced a relatively flat trend pattern with regard to volume of exports of gypsum and anhydrite. At the same time, Denmark (+25.6%) and Sweden (+13.8%) displayed positive paces of growth. Moreover, Denmark emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +25.6% from 2012-2021. While the share of Denmark (+7.8 p.p.) and Sweden (+7.6 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Norway (-15.3 p.p.) displayed negative dynamics.

In value terms, Sweden ($X) remains the largest gypsum and anhydrite supplier in Scandinavia, comprising 71% of total exports. The second position in the ranking was taken by Norway ($X), with a 24% share of total exports.

In Sweden, gypsum and anhydrite exports increased at an average annual rate of +11.1% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Norway (+8.8% per year) and Denmark (+2.7% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2021, shrinking by -8.3% against the previous year. Export price indicated a buoyant expansion from 2012 to 2021: its price increased at an average annual rate of +7.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2013 an increase of 37%. Over the period under review, the export prices reached the maximum at $X per ton in 2020, and then contracted in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+9.1%), while the other leaders experienced a decline in the export price figures.

Gypsum And Anhydrite Imports

Imports in Scandinavia

In 2021, imports of gypsum and anhydrite in Scandinavia surged to X tons, growing by 16% against 2020. Total imports indicated a resilient expansion from 2012 to 2021: its volume increased at an average annual rate of +6.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +77.3% against 2013 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, gypsum and anhydrite imports surged to $X in 2021. Total imports indicated a temperate expansion from 2012 to 2021: its value increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +20.0% against 2018 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Sweden (X tons) and Denmark (X tons) were the main importers of gypsum and anhydrite in Scandinavia, together creating 83% of total imports. It was distantly followed by Norway (X tons), mixing up a 14% share of total imports. Finland (X tons) took a relatively small share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Denmark (with a CAGR of +12.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Sweden ($X) and Norway ($X) constituted the countries with the highest levels of imports in 2021, together accounting for 80% of total imports.

Denmark, with a CAGR of +11.0%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2021, rising by 5.1% against the previous year. Over the period under review, the import price, however, continues to indicate a slight reduction. The pace of growth appeared the most rapid in 2018 when the import price increased by 5.4%. Over the period under review, import prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+15.7%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform