Sweden: Market for Acid And Mordant Dyes And Preparations Based Thereon 2024

Market Size for Acid And Mordant Dyes And Preparations Based Thereon in Sweden

For the fourth year in a row, the Swedish acid and mordant dye market recorded decline in sales value, which decreased by -79.7% to $X in 2021. Over the period under review, consumption saw a abrupt descent. Acid and mordant dye consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Production of Acid And Mordant Dyes And Preparations Based Thereon in Sweden

In value terms, acid and mordant dye production fell notably to $X in 2021 estimated in export price. Overall, production recorded a noticeable decrease. The pace of growth was the most pronounced in 2019 with an increase of 40% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Exports of Acid And Mordant Dyes And Preparations Based Thereon

Exports from Sweden

After two years of growth, shipments abroad of acid and mordant dyes and preparations based thereon decreased by -5.6% to X tons in 2021. In general, exports recorded a dramatic setback. The pace of growth appeared the most rapid in 2019 when exports increased by 12%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, acid and mordant dye exports contracted dramatically to $X in 2021. Overall, exports faced a dramatic decline. The growth pace was the most rapid in 2020 with an increase of 39%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Norway (X tons), Poland (X tons) and Denmark (X tons) were the main destinations of acid and mordant dye exports from Sweden, with a combined 81% share of total exports. The UK, the Czech Republic, Finland, Lithuania, Latvia and Japan lagged somewhat behind, together accounting for a further 16%.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +9.1%), while shipments for the other leaders experienced a decline.

In value terms, Denmark ($X), Norway ($X) and Poland ($X) constituted the largest markets for acid and mordant dye exported from Sweden worldwide, with a combined 76% share of total exports. These countries were followed by the Czech Republic, the UK, Finland, Lithuania, Latvia and Japan, which together accounted for a further 19%.

Among the main countries of destination, the Czech Republic, with a CAGR of +12.3%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average acid and mordant dye export price stood at $X per ton in 2021, waning by -19.7% against the previous year. Overall, the export price showed a mild shrinkage. The growth pace was the most rapid in 2013 when the average export price increased by 144%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, among the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+11.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Acid And Mordant Dyes And Preparations Based Thereon

Imports into Sweden

After two years of growth, supplies from abroad of acid and mordant dyes and preparations based thereon decreased by -10% to X tons in 2021. In general, imports saw a abrupt contraction. The pace of growth appeared the most rapid in 2016 with an increase of 22%. Over the period under review, imports attained the maximum at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, acid and mordant dye imports soared to $X in 2021. Over the period under review, imports recorded a abrupt contraction. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest acid and mordant dye supplier to Sweden, accounting for a 39% share of total imports. Moreover, acid and mordant dye imports from Germany exceeded the figures recorded by the second-largest supplier, Russia (X tons), threefold. Latvia (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at -5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Russia (0.0% per year) and Latvia (+1,143.3% per year).

In value terms, Germany ($X), Latvia ($X) and Denmark ($X) appeared to be the largest acid and mordant dye suppliers to Sweden, with a combined 66% share of total imports.

In terms of the main suppliers, Latvia, with a CAGR of +1,973.1%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average acid and mordant dye import price amounted to $X per ton, increasing by 63% against the previous year. Over the period under review, the import price enjoyed modest growth. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, among the top importers, the country with the highest price was Latvia ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Latvia (+66.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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