Scandinavia: Market for Phosphorus, Arsenic And Selenium 2024

Market Size for Phosphorus, Arsenic And Selenium in Scandinavia

For the third consecutive year, the Scandinavia phosphorus, arsenic and selenium market recorded growth in sales value, which increased by 1.1% to $X in 2021. In general, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Production of Phosphorus, Arsenic And Selenium in Scandinavia

In value terms, phosphorus, arsenic and selenium production expanded significantly to $X in 2021 estimated in export price. Overall, production, however, showed a abrupt shrinkage. The pace of growth appeared the most rapid in 2016 with an increase of 219% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Phosphorus, Arsenic And Selenium

Exports in Scandinavia

In 2021, the amount of phosphorus, arsenic and selenium exported in Scandinavia rose notably to X tons, picking up by 8.7% on 2020. In general, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when exports increased by 139% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, phosphorus, arsenic and selenium exports reached $X in 2021. Overall, exports, however, saw a precipitous curtailment. The pace of growth was the most pronounced in 2017 with an increase of 272%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Norway was the main exporter of phosphorus, arsenic and selenium in Scandinavia, with the volume of exports resulting at X tons, which was near 68% of total exports in 2021. It was distantly followed by Sweden (X tons), generating a 32% share of total exports.

Norway was also the fastest-growing in terms of the phosphorus, arsenic and selenium exports, with a CAGR of +72.0% from 2012 to 2021. Sweden (-10.3%) illustrated a downward trend over the same period. While the share of Norway (+68 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Sweden (-54.8 p.p.) displayed negative dynamics.

In value terms, Norway ($X) remains the largest phosphorus, arsenic and selenium supplier in Scandinavia, comprising 78% of total exports. The second position in the ranking was held by Sweden ($X), with a 22% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Norway amounted to +58.1%.

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per ton, almost unchanged from the previous year. In general, the export price saw a dramatic downturn. The most prominent rate of growth was recorded in 2017 when the export price increased by 118%. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (-8.1%).

Imports of Phosphorus, Arsenic And Selenium

Imports in Scandinavia

In 2021, imports of phosphorus, arsenic and selenium in Scandinavia surged to X tons, rising by 23% compared with 2020 figures. Over the period under review, imports enjoyed resilient growth. The most prominent rate of growth was recorded in 2017 when imports increased by 249%. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in the near future.

In value terms, phosphorus, arsenic and selenium imports skyrocketed to $X in 2021. In general, imports saw resilient growth. The pace of growth appeared the most rapid in 2017 with an increase of 76% against the previous year. The level of import peaked in 2021 and is likely to see gradual growth in the immediate term.

Imports by Country

Sweden dominates imports structure, amounting to X tons, which was near 89% of total imports in 2021. It was distantly followed by Finland (X tons), mixing up a 7.7% share of total imports. Norway (X tons) held a relatively small share of total imports.

Sweden was also the fastest-growing in terms of the phosphorus, arsenic and selenium imports, with a CAGR of +12.6% from 2012 to 2021. At the same time, Finland (+10.3%) displayed positive paces of growth. By contrast, Norway (-4.4%) illustrated a downward trend over the same period. While the share of Sweden (+9 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Norway (-8.4 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) constitutes the largest market for imported phosphorus, arsenic and selenium in Scandinavia, comprising 68% of total imports. The second position in the ranking was held by Finland ($X), with a 29% share of total imports.

In Sweden, phosphorus, arsenic and selenium imports expanded at an average annual rate of +8.8% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Finland (-0.1% per year) and Norway (-0.3% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2021, rising by 9.9% against the previous year. Overall, the import price, however, continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 an increase of 170%. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, 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 Norway (+4.3%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform