Sweden: Methyl Isobutyl Ketone Market 2025

Methyl Isobutyl Ketone Market Size in Sweden

After two years of growth, the Swedish methyl isobutyl ketone market decreased by -9.4% to $X in 2022. In general, consumption, however, showed a relatively flat trend pattern. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Methyl Isobutyl Ketone Production in Sweden

In value terms, methyl isobutyl ketone production expanded significantly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +2.0% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 28% against the previous year. As a result, production attained the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Methyl Isobutyl Ketone Exports

Exports from Sweden

In 2022, overseas shipments of X-methylpentan-2-one (methyl isobutyl ketone) decreased by -21.5% to X tons, falling for the second year in a row after two years of growth. In general, exports, however, posted a resilient increase. The most prominent rate of growth was recorded in 2017 when exports increased by 82% against the previous year. The exports peaked at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, methyl isobutyl ketone exports shrank notably to $X in 2022. Over the period under review, exports, however, recorded strong growth. The growth pace was the most rapid in 2017 with an increase of 170%. Over the period under review, the exports attained the maximum at $X in 2021, and then dropped remarkably in the following year.

Exports by Country

Norway (X tons), Denmark (X tons) and Finland (X tons) were the main destinations of methyl isobutyl ketone exports from Sweden.

From 2012 to 2022, the biggest increases were recorded for Denmark (with a CAGR of +28.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for methyl isobutyl ketone exported from Sweden were Denmark ($X), Norway ($X) and Finland ($X).

Among the main countries of destination, Denmark, with a CAGR of +34.4%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average methyl isobutyl ketone export price stood at $X per ton in 2022, dropping by -7.8% against the previous year. Over the period under review, export price indicated a buoyant expansion from 2012 to 2022: its price increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, methyl isobutyl ketone export price increased by +40.1% against 2019 indices. The pace of growth appeared the most rapid in 2017 when the average export price increased by 49% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2021, and then shrank in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Finland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Norway (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Methyl Isobutyl Ketone Imports

Imports into Sweden

In 2022, approx. X tons of X-methylpentan-2-one (methyl isobutyl ketone) were imported into Sweden; shrinking by -55.9% against the previous year. Overall, imports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of 122% against the previous year. Over the period under review, imports attained the maximum at X tons in 2021, and then shrank significantly in the following year.

In value terms, methyl isobutyl ketone imports contracted dramatically to $X in 2022. Over the period under review, imports, however, recorded noticeable growth. The most prominent rate of growth was recorded in 2021 when imports increased by 181% against the previous year. As a result, imports reached the peak of $X, and then shrank significantly in the following year.

Imports by Country

In 2022, Belgium (X tons) constituted the largest supplier of methyl isobutyl ketone to Sweden, accounting for a 69% share of total imports. Moreover, methyl isobutyl ketone imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The third position in this ranking was taken by the Netherlands (X tons), with a 6.6% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium amounted to +18.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-5.1% per year) and the Netherlands (-10.2% per year).

In value terms, Belgium ($X) constituted the largest supplier of X-methylpentan-2-one (methyl isobutyl ketone) to Sweden, comprising 68% of total imports. The second position in the ranking was held by Germany ($X), with a 20% share of total imports. It was followed by the Netherlands, with a 7.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium amounted to +24.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-1.0% per year) and the Netherlands (-4.7% per year).

Import Prices by Country

The average methyl isobutyl ketone import price stood at $X per ton in 2022, jumping by 28% against the previous year. Overall, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, methyl isobutyl ketone import price increased by +110.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 65%. The import price peaked in 2022 and is likely to continue growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the Netherlands ($X per ton) and Belgium ($X per ton), while the price for Norway ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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