Sweden: Amino-Resin Market 2024

Amino-Resin Market Size in Sweden

The Swedish amino-resin market fell slightly to $X in 2022, remaining stable against the previous year. In general, consumption, however, continues to indicate a noticeable setback. Amino-resin consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Amino-Resin Production in Sweden

In value terms, amino-resin production fell notably to $X in 2022 estimated in export price. In general, production saw a abrupt curtailment. The growth pace was the most rapid in 2016 when the production volume increased by X% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Amino-Resin Exports

Exports from Sweden

After two years of growth, shipments abroad of amino-resins, phenolic resins and polyurethanes (in primary forms) decreased by X% to X tons in 2022. The total export volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2021, and then contracted in the following year.

In value terms, amino-resin exports amounted to $X in 2022. In general, total exports indicated measured growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Germany (X tons) was the main destination for amino-resin exports from Sweden, with a X% share of total exports. Moreover, amino-resin exports to Germany exceeded the volume sent to the second major destination, Norway (X tons), threefold. Denmark (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Germany totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (X% per year) and Denmark (X% per year).

In value terms, Germany ($X) remains the key foreign market for amino-resins, phenolic resins and polyurethanes (in primary forms) exports from Sweden, comprising X% of total exports. The second position in the ranking was held by Denmark ($X), with a X% share of total exports. It was followed by Austria, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Germany stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (X% per year) and Austria (X% per year).

Export Prices by Country

The average amino-resin export price stood at $X per ton in 2022, increasing by X% against the previous year. Overall, export price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, amino-resin export price increased by X% against 2016 indices. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The export price peaked in 2022 and is likely to continue growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to Latvia ($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 Italy (X%), while the prices for the other major destinations experienced more modest paces of growth.

Amino-Resin Imports

Imports into Sweden

In 2022, overseas purchases of amino-resins, phenolic resins and polyurethanes (in primary forms) decreased by X% to X tons for the first time since 2014, thus ending a seven-year rising trend. In general, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, amino-resin imports rose significantly to $X in 2022. Over the period under review, total imports indicated a notable increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

In 2022, Norway (X tons) constituted the largest amino-resin supplier to Sweden, accounting for a X% share of total imports. Moreover, amino-resin imports from Norway exceeded the figures recorded by the second-largest supplier, Finland (X tons), twofold. Germany (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Norway was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (X% per year) and Germany (X% per year).

In value terms, the largest amino-resin suppliers to Sweden were Norway ($X), Germany ($X) and Belgium ($X), with a combined X% share of total imports.

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

Import Prices by Country

The average amino-resin import price stood at $X per ton in 2022, growing by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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