Sweden: Abs Copolymers Market 2024

Abs Copolymers Market Size in Sweden

In 2021, the Swedish ABS copolymers market increased by 8.9% to $X, rising for the second year in a row after three years of decline. The market value increased at an average annual rate of +5.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market reached the peak level in 2021 and is expected to retain growth in years to come.

Abs Copolymers Production in Sweden

In value terms, ABS copolymers production fell markedly to $X in 2021 estimated in export price. Over the period under review, production, however, posted a mild expansion. The pace of growth was the most pronounced in 2020 with an increase of 198% against the previous year. Over the period under review, production hit record highs at $X in 2016; however, from 2017 to 2021, production remained at a lower figure.

Abs Copolymers Exports

Exports from Sweden

ABS copolymers exports from Sweden soared to X tons in 2021, picking up by 45% against the previous year. In general, total exports indicated temperate growth from 2012 to 2021: its volume increased at an average annual rate of +3.7% 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 +99.6% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, ABS copolymers exports surged to $X in 2021. Overall, exports saw a moderate expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Denmark (X tons), the Netherlands (X tons) and Finland (X tons) were the main destinations of ABS copolymers exports from Sweden, with a combined 52% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +46.3%), while the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Norway ($X) and Finland ($X) constituted the largest markets for ABS copolymers exported from Sweden worldwide, with a combined 57% share of total exports. These countries were followed by Germany, the Netherlands, Poland, Belgium, Hungary, Estonia, Lithuania, China and Switzerland, which together accounted for a further 34%.

The Netherlands, with a CAGR of +35.1%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average ABS copolymers export price stood at $X per ton in 2021, picking up by 23% against the previous year. Over the period under review, the export price, however, continues to indicate a mild setback. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Norway ($X per ton), while the average price for exports to China ($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 Norway (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Abs Copolymers Imports

Imports into Sweden

In 2021, purchases abroad of acrylonitrile-butadiene-styrene (abs) copolymers in primary forms was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, total imports indicated a temperate increase from 2012 to 2021: its volume increased at an average annual rate of +3.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -16.3% against 2018 indices. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, ABS copolymers imports skyrocketed to $X in 2021. Overall, total imports indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +5.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Taiwan (Chinese) (X tons), Belgium (X tons) and Germany (X tons) were the main suppliers of ABS copolymers imports to Sweden, together comprising 57% of total imports. These countries were followed by South Korea, the Netherlands, Spain, Hungary and Denmark, which together accounted for a further 35%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Hungary (with a CAGR of +22.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Taiwan (Chinese) ($X), Germany ($X) and Belgium ($X) constituted the largest ABS copolymers suppliers to Sweden, together comprising 57% of total imports. South Korea, the Netherlands, Spain, Hungary and Denmark lagged somewhat behind, together accounting for a further 35%.

Among the main suppliers, Hungary, with a CAGR of +29.9%, recorded the highest growth rate of 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 ABS copolymers import price amounted to $X per ton, jumping by 39% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +1.2%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Hungary ($X per ton), while the price for South Korea ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+12.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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