Scandinavia: Halogenated Hydrocarbon Derivative Market 2024

Halogenated Hydrocarbon Derivative Market Size in Scandinavia

In 2022, the Scandinavia halogenated hydrocarbon derivative market increased by 100% to $X, rising for the second consecutive year after two years of decline. Overall, consumption enjoyed a strong increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Halogenated Hydrocarbon Derivative Production in Scandinavia

In value terms, halogenated hydrocarbon derivative production dropped to $X in 2022 estimated in export price. The total production indicated a pronounced increase from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +3.9% against 2020 indices. The pace of growth appeared the most rapid in 2013 with an increase of 43% against the previous year. Over the period under review, production attained the maximum level at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Halogenated Hydrocarbon Derivative Exports

Exports in Scandinavia

After two years of decline, overseas shipments of halogenated derivatives of hydrocarbons increased by 77% to X tons in 2022. Overall, exports showed buoyant growth. The most prominent rate of growth was recorded in 2019 with an increase of 243%. As a result, the exports reached the peak of X tons. From 2020 to 2022, the growth of the exports remained at a lower figure.

In value terms, halogenated hydrocarbon derivative exports skyrocketed to $X in 2022. In general, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when exports increased by 122% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Norway was the largest exporting country with an export of about X tons, which recorded 61% of total exports. It was distantly followed by Sweden (X tons), mixing up a 39% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Norway (with a CAGR of +68.7%).

In value terms, the largest halogenated hydrocarbon derivative supplying countries in Scandinavia were Norway ($X) and Sweden ($X).

Among the main exporting countries, Norway, with a CAGR of +40.4%, recorded the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per ton, which is down by -13.5% against the previous year. In general, the export price recorded a abrupt setback. The most prominent rate of growth was recorded in 2018 when the export price increased by 115%. Over the period under review, the export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Norway stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (-3.2%).

Halogenated Hydrocarbon Derivative Imports

Imports in Scandinavia

In 2022, halogenated hydrocarbon derivative imports in Scandinavia shrank to X tons, dropping by -10.4% compared with the year before. Total imports indicated notable growth from 2012 to 2022: its volume increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -31.6% against 2018 indices. The growth pace was the most rapid in 2018 when imports increased by 64%. As a result, imports reached the peak of X tons. From 2019 to 2022, the growth of imports remained at a lower figure.

In value terms, halogenated hydrocarbon derivative imports declined modestly to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when imports increased by 56% against the previous year. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

Sweden prevails in imports structure, resulting at X tons, which was near 97% of total imports in 2022. Finland (X tons) followed a long way behind the leaders.

Sweden was also the fastest-growing in terms of the halogenated derivatives of hydrocarbons imports, with a CAGR of +2.4% from 2012 to 2022. Finland experienced a relatively flat trend pattern. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) constitutes the largest market for imported halogenated derivatives of hydrocarbons in Scandinavia, comprising 86% of total imports. The second position in the ranking was held by Finland ($X), with a 9.1% share of total imports.

In Sweden, halogenated hydrocarbon derivative imports remained relatively stable over the period from 2012-2022.

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per ton, growing by 7.6% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable slump. The pace of growth was the most pronounced in 2021 an increase of 27% against the previous year. Over the period under review, import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Finland ($X per ton), while Sweden stood at $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (-0.4%).

Source: IndexBox Platform