Sweden: Aniline Market 2024

Aniline Market Size in Sweden

After two years of growth, the Swedish aniline market decreased by -0.4% to $X in 2021. In general, consumption enjoyed a mild expansion. Aniline consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Aniline Production in Sweden

In value terms, aniline production contracted slightly to $X in 2021 estimated in export price. Overall, production, however, saw a modest increase. The most prominent rate of growth was recorded in 2017 when the production volume increased by 4.8%. Aniline production peaked at $X in 2020, and then dropped in the following year.

Aniline Exports

Exports from Sweden

For the third consecutive year, Sweden recorded decline in shipments abroad of aniline and its salts (excluding derivatives), which decreased by -14.2% to X kg in 2021. Over the period under review, exports recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 5,286% against the previous year. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, aniline exports reached $X in 2021. In general, exports saw a abrupt contraction. The pace of growth appeared the most rapid in 2018 with an increase of 1,585%. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Finland (X kg), Germany (X kg) and Latvia (X kg) were the main destinations of aniline exports from Sweden, with a combined 90% share of total exports. Moreover, aniline exports in Finland exceeded the figures recorded by the second-largest exporter, Germany, twofold.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +16.5%), while the other leaders experienced a decline.

In value terms, Germany ($X), Finland ($X) and Latvia ($X) appeared to be the largest markets for aniline exported from Sweden worldwide, together accounting for 83% of total exports. These countries were followed by Belgium and Norway, which together accounted for a further 17%.

In terms of the main countries of destination, Belgium, with a CAGR of +102.1%, 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 aniline export price stood at $X per ton in 2021, growing by 26% against the previous year. Over the period under review, the export price continues to indicate a buoyant expansion. The pace of growth appeared the most rapid in 2020 an increase of 184% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 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 Germany ($X per ton), while the average price for exports to Finland ($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 Belgium (+237.1%), while the prices for the other major destinations experienced more modest paces of growth.

Aniline Imports

Imports into Sweden

Aniline imports into Sweden skyrocketed to X tons in 2021, surging by 268% against the year before. Over the period under review, imports enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2017 when imports increased by 3,519%. As a result, imports reached the peak of X tons. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, aniline imports soared to $X in 2021. In general, imports recorded significant growth. The most prominent rate of growth was recorded in 2017 when imports increased by 3,763% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, India (X tons) constituted the largest supplier of aniline to Sweden, with a 58% share of total imports. Moreover, aniline imports from India exceeded the figures recorded by the second-largest supplier, Canada (X tons), threefold. The third position in this ranking was taken by Norway (X tons), with an 18% share.

From 2012 to 2021, the average annual growth rate of volume from India stood at -58.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+106.6% per year) and Norway (-10.0% per year).

In value terms, the largest aniline suppliers to Sweden were India ($X), Canada ($X) and Norway ($X), together accounting for 94% of total imports.

Among the main suppliers, Canada, with a CAGR of +154.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average aniline import price stood at $X per ton in 2021, falling by -13.6% against the previous year. Over the period under review, the import price, however, saw a buoyant expansion. The most prominent rate of growth was recorded in 2020 when the average import price increased by 110%. As a result, import price reached the peak level of $X per ton, and then dropped in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by India (+25.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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