Sweden: Ammonium Chloride Market 2024

Ammonium Chloride Market Size in Sweden

The Swedish ammonium chloride market skyrocketed to $X in 2021, rising by 57% against the previous year. Over the period under review, the total consumption indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +3.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Ammonium Chloride Production in Sweden

In value terms, ammonium chloride production expanded notably to $X in 2021 estimated in export price. In general, production recorded modest growth. The growth pace was the most rapid in 2018 when the production volume increased by 945%. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Ammonium Chloride Exports

Exports from Sweden

In 2021, ammonium chloride exports from Sweden amounted to X tons, increasing by 12% compared with the previous year's figure. Overall, exports showed a buoyant expansion. The pace of growth was the most pronounced in 2013 when exports increased by 60%. Over the period under review, the exports reached the maximum in 2021 and are likely to see gradual growth in years to come.

In value terms, ammonium chloride exports soared to $X in 2021. In general, total exports indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 with an increase of 59% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

Norway (X tons) was the main destination for ammonium chloride exports from Sweden, accounting for a 60% share of total exports. Moreover, ammonium chloride exports to Norway exceeded the volume sent to the second major destination, the UK (X tons), fourfold. Hungary (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Norway stood at +11.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+57.6% per year) and Hungary (+1,263.2% per year).

In value terms, Norway ($X) remains the key foreign market for ammonium chloride exports from Sweden, comprising 68% of total exports. The second position in the ranking was held by Hungary ($X), with a 12% share of total exports. It was followed by the UK, with a 7.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Norway totaled +8.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Hungary (+1,295.1% per year) and the UK (+52.5% per year).

Export Prices by Country

In 2021, the average ammonium chloride export price amounted to $X per ton, with an increase of 11% against the previous year. Overall, the export price, however, showed a noticeable descent. The most prominent rate of growth was recorded in 2014 when the average export price increased by 25%. Over the period under review, the average export prices attained the maximum at $X per ton in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to the UK ($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 Hungary (+2.3%), while the prices for the other major destinations experienced mixed trend patterns.

Ammonium Chloride Imports

Imports into Sweden

In 2021, approx. X tons of ammonium chloride were imported into Sweden; growing by 66% against the year before. In general, total imports indicated a mild expansion from 2012 to 2021: its volume increased at an average annual rate of +1.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.

In value terms, ammonium chloride imports soared to $X in 2021. Overall, total imports indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +4.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of ammonium chloride to Sweden, accounting for a 85% share of total imports. Moreover, ammonium chloride imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), more than tenfold. Finland (X tons) ranked third in terms of total imports with a 4.9% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +9.9%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-21.4% per year) and Finland (+6.7% per year).

In value terms, Germany ($X) constituted the largest supplier of ammonium chloride to Sweden, comprising 85% of total imports. The second position in the ranking was taken by Finland ($X), with a 6.2% share of total imports. It was followed by China, with a 3.3% share.

From 2012 to 2021, the average annual growth rate of value from Germany totaled +9.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (+23.5% per year) and China (-19.8% per year).

Import Prices by Country

In 2021, the average ammonium chloride import price amounted to $X per ton, surging by 20% against the previous year. In general, import price indicated noticeable growth from 2012 to 2021: its price increased at an average annual rate of +3.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, ammonium chloride import price increased by +79.3% against 2017 indices. The growth pace was the most rapid in 2020 when the average import price increased by 27%. The import price peaked in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+15.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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