Scandinavia: Worked Slate Market 2024

Worked Slate Market Size in Scandinavia

In 2022, the Scandinavia worked slate market was finally on the rise to reach $X after two years of decline. Over the period under review, consumption, however, recorded a dramatic curtailment. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Worked Slate Production in Scandinavia

In value terms, worked slate production expanded remarkably to $X in 2022 estimated in export price. In general, production, however, continues to indicate a sharp shrinkage. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Worked Slate Exports

Exports in Scandinavia

In 2022, approx. X tons of worked slate were exported in Scandinavia; with a decrease of -20.6% on the year before. In general, exports, however, enjoyed a prominent expansion. The pace of growth was the most pronounced in 2016 when exports increased by 323% against the previous year. The volume of export peaked at X tons in 2021, and then fell significantly in the following year.

In value terms, worked slate exports contracted to $X in 2022. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of 51%. The level of export peaked at $X in 2021, and then fell in the following year.

Exports by Country

In 2022, Norway (X tons) was the major exporter of worked slate, making up 85% of total exports. It was distantly followed by Sweden (X tons), committing a 14% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to worked slate exports from Norway stood at +8.4%. At the same time, Sweden (+10.5%) displayed positive paces of growth. Moreover, Sweden emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +10.5% from 2012-2022. Sweden (+2.1 p.p.) significantly strengthened its position in terms of the total exports, while Norway saw its share reduced by -2.6% from 2012 to 2022, respectively.

In value terms, Norway ($X) remains the largest worked slate supplier in Scandinavia, comprising 84% of total exports. The second position in the ranking was held by Sweden ($X), with a 15% share of total exports.

In Norway, worked slate exports remained relatively stable over the period from 2012-2022.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, surging by 10% against the previous year. Overall, the export price, however, recorded a abrupt downturn. The most prominent rate of growth was recorded in 2019 when the export price increased by 41%. The level of export peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (-7.2%).

Worked Slate Imports

Imports in Scandinavia

In 2022, overseas purchases of worked slate increased by 9.8% to X tons, rising for the second consecutive year after five years of decline. The total import volume increased at an average annual rate of +2.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 with an increase of 27%. The volume of import peaked at X tons in 2015; however, from 2016 to 2022, imports failed to regain momentum.

In value terms, worked slate imports soared to $X in 2022. The total import value increased at an average annual rate of +4.4% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 25% against the previous year. Over the period under review, imports reached the maximum in 2022 and are likely to continue growth in the near future.

Imports by Country

Sweden (X tons) and Norway (X tons) dominates imports structure, together generating 98% of total imports. Finland (X tons) took a minor share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Sweden (with a CAGR of +13.9%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Sweden ($X), Norway ($X) and Finland ($X) constituted the countries with the highest levels of imports in 2022.

In terms of the main importing countries, Sweden, with a CAGR of +9.5%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per ton, with an increase of 13% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. The pace of growth was the most pronounced in 2019 when the import price increased by 19%. Over the period under review, import prices attained the peak figure in 2022 and is likely to continue growth in years to come.

There were significant differences in the average prices amongst the major importing countries. In 2022, 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 2022, the most notable rate of growth in terms of prices was attained by Finland (+9.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform