Scandinavia: Polyacetals Market 2024

Polyacetals Market Size in Scandinavia

The Scandinavia polyacetals market soared to $X in 2021, rising by 39% against the previous year. The total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked in 2021 and is likely to continue growth in the immediate term.

Polyacetals Production in Scandinavia

In value terms, polyacetals production surged to $X in 2021 estimated in export price. Over the period under review, production saw significant growth. The pace of growth was the most pronounced in 2014 when the production volume increased by 2,023%. The level of production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Polyacetals Exports

Exports in Scandinavia

In 2021, polyacetals exports in Scandinavia rose rapidly to X tons, surging by 5.8% against 2020. The total export volume increased at an average annual rate of +2.4% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 58%. Over the period under review, the exports attained the maximum in 2021 and are expected to retain growth in the immediate term.

In value terms, polyacetals exports soared to $X in 2021. Total exports indicated notable growth from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +83.5% against 2017 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Sweden (X tons) was the main exporter of polyacetals in primary forms, achieving 77% of total exports. It was distantly followed by Denmark (X tons), committing an 18% share of total exports. Finland (X tons) and Norway (X tons) took a minor share of total exports.

From 2012 to 2021, average annual rates of growth with regard to polyacetals exports from Sweden stood at +1.0%. At the same time, Finland (+11.1%), Denmark (+9.5%) and Norway (+5.8%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +11.1% from 2012-2021. Denmark (+8 p.p.) and Finland (+1.6 p.p.) significantly strengthened its position in terms of the total exports, while Sweden saw its share reduced by -10.1% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) remains the largest polyacetals supplier in Scandinavia, comprising 72% of total exports. The second position in the ranking was taken by Denmark ($X), with a 21% share of total exports. It was followed by Finland, with a 3.8% share.

In Sweden, polyacetals exports expanded at an average annual rate of +1.6% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Denmark (+10.5% per year) and Finland (+16.3% per year).

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per ton, surging by 19% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.1%. The level of export peaked at $X per ton in 2013; however, from 2014 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 Norway ($X per ton), while Sweden ($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 (+4.7%), while the other leaders experienced more modest paces of growth.

Polyacetals Imports

Imports in Scandinavia

In 2021, the amount of polyacetals in primary forms imported in Scandinavia stood at X tons, increasing by 12% on the previous year. The total import volume increased at an average annual rate of +3.3% 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 2014 when imports increased by 26%. Over the period under review, imports reached the maximum in 2021 and are expected to retain growth in the near future.

In value terms, polyacetals imports soared to $X in 2021. The total import value increased at an average annual rate of +2.6% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Denmark (X tons) and Sweden (X tons) prevails in imports structure, together generating 88% of total imports. It was distantly followed by Finland (X tons), mixing up a 9.1% share of total imports. Norway (X tons) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Denmark (with a CAGR of +6.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Denmark ($X) and Finland ($X) appeared to be the countries with the highest levels of imports in 2021, with a combined 96% share of total imports.

Denmark, with a CAGR of +5.9%, recorded the highest rates of growth with regard to the value of imports, among 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, surging by 21% against the previous year. Overall, the import price, however, recorded a relatively flat trend pattern. Over the period under review, import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, 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 Norway ($X per ton), while Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+0.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform