Scandinavia: Mixtures Of Slag Market 2024

Mixtures Of Slag Market Size in Scandinavia

The Scandinavia mixtures of slag market expanded sharply to $X in 2021, surging by 15% against the previous year. The total consumption indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -15.7% against 2019 indices. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Mixtures Of Slag Production in Scandinavia

In value terms, mixtures of slag production surged to $X in 2021 estimated in export price. The total production indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +5.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +6.7% against 2018 indices. The most prominent rate of growth was recorded in 2018 when the production volume increased by 86% against the previous year. Over the period under review, production reached the maximum level in 2021 and is likely to see gradual growth in years to come.

Mixtures Of Slag Exports

Exports in Scandinavia

After two years of growth, shipments abroad of mixtures of slag decreased by -47% to X tons in 2021. In general, exports, however, continue to indicate a remarkable increase. The growth pace was the most rapid in 2013 when exports increased by 446%. The volume of export peaked at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, mixtures of slag exports reduced markedly to $X in 2021. Overall, exports, however, showed a measured expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 157%. Over the period under review, the exports reached the maximum at $X in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

Exports by Country

Sweden dominates exports structure, resulting at X tons, which was near 98% of total exports in 2021. Finland (X tons) took a relatively small share of total exports.

Sweden was also the fastest-growing in terms of the mixtures of slag exports, with a CAGR of +25.6% from 2012 to 2021. Finland (-6.8%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Sweden increased by +45 percentage points.

In value terms, Sweden ($X) remains the largest mixtures of slag supplier in Scandinavia, comprising 69% of total exports. The second position in the ranking was taken by Finland ($X), with a 30% share of total exports.

In Sweden, mixtures of slag exports increased at an average annual rate of +16.9% over the period from 2012-2021.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2021, surging by 19% against the previous year. In general, the export price, however, faced a deep reduction. The most prominent rate of growth was recorded in 2018 an increase of 46%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Finland ($X per ton), while Sweden amounted to $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+1.5%).

Mixtures Of Slag Imports

Imports in Scandinavia

Mixtures of slag imports declined significantly to X tons in 2021, waning by -20.4% compared with 2020. In general, imports continue to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2019 when imports increased by 262% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, mixtures of slag imports soared to $X in 2021. Overall, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 with an increase of 312% against the previous year. The level of import peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Denmark dominates imports structure, resulting at X tons, which was approx. 96% of total imports in 2021. Norway (X tons) and Finland (X tons) followed a long way behind the leaders.

Imports into Denmark increased at an average annual rate of +4.5% from 2012 to 2021. At the same time, Finland (+292.3%) and Norway (+5.7%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of +292.3% from 2012-2021. Denmark (+52 p.p.), Norway (+1.7 p.p.) and Finland (+1.5 p.p.) significantly strengthened its position in terms of the total imports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Denmark ($X) constitutes the largest market for imported mixtures of slag in Scandinavia, comprising 97% of total imports. The second position in the ranking was held by Norway ($X), with a 1.6% share of total imports.

In Denmark, mixtures of slag imports increased at an average annual rate of +12.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Norway (-4.4% per year) and Finland (+326.2% per year).

Import Prices by Country

In 2021, the import price in Scandinavia amounted to $X per ton, with an increase of 57% against the previous year. In general, the import price saw a prominent increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+8.8%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform