Sweden: Anti-Freezing Preparations Market 2024

Anti-Freezing Preparations Market Size in Sweden

In 2021, the Swedish anti-freezing preparations market increased by 20% to $X for the first time since 2018, thus ending a two-year declining trend. Over the period under review, consumption enjoyed prominent growth. Over the period under review, the market attained the peak level at $X in 2018; however, from 2019 to 2021, consumption failed to regain momentum.

Anti-Freezing Preparations Production in Sweden

In value terms, anti-freezing preparations production surged to $X in 2021 estimated in export price. In general, production enjoyed buoyant growth. The most prominent rate of growth was recorded in 2016 when the production volume increased by 106% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production failed to regain momentum.

Anti-Freezing Preparations Exports

Exports from Sweden

In 2021, anti-freezing preparations exports from Sweden soared to X tons, with an increase of 41% against the previous year's figure. Over the period under review, total exports indicated a tangible expansion 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, exports decreased by -6.7% against 2019 indices. Over the period under review, the exports reached the maximum at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, anti-freezing preparations exports skyrocketed to $X in 2021. Overall, exports showed a relatively flat trend pattern. The exports peaked at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X tons) was the main destination for anti-freezing preparations exports from Sweden, accounting for a 60% share of total exports. Moreover, anti-freezing preparations exports to Norway exceeded the volume sent to the second major destination, Denmark (X tons), threefold. Finland (X tons) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Norway totaled +6.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+8.5% per year) and Finland (-0.9% per year).

In value terms, Norway ($X) remains the key foreign market for anti-freezing preparations and prepared de-icing fluids exports from Sweden, comprising 57% of total exports. The second position in the ranking was held by Denmark ($X), with a 15% share of total exports. It was followed by Finland, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Norway amounted to +3.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+3.6% per year) and Finland (-3.9% per year).

Export Prices by Country

The average anti-freezing preparations export price stood at $X per ton in 2021, picking up by 12% against the previous year. Overall, the export price, however, saw a pronounced descent. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Germany ($X per ton), while the average price for exports to Denmark ($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 Germany (+0.8%), while the prices for the other major destinations experienced a decline.

Anti-Freezing Preparations Imports

Imports into Sweden

In 2021, after two years of decline, there was significant growth in purchases abroad of anti-freezing preparations and prepared de-icing fluids, when their volume increased by 20% to X tons. Overall, imports, however, showed a mild setback. The pace of growth was the most pronounced in 2013 when imports increased by 31% against the previous year. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, anti-freezing preparations imports surged to $X in 2021. The total import value increased at an average annual rate of +1.1% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2013 with an increase of 29% against the previous year. Over the period under review, imports attained the maximum at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), Denmark (X tons) and Belgium (X tons) were the main suppliers of anti-freezing preparations imports to Sweden, together comprising 64% of total imports. These countries were followed by Norway, Russia, Estonia, the United States, the Netherlands, Finland and the UK, which together accounted for a further 34%.

From 2012 to 2021, the biggest increases were recorded for Russia (with a CAGR of +331.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest anti-freezing preparations suppliers to Sweden were Germany ($X), the Netherlands ($X) and Belgium ($X), with a combined 65% share of total imports. These countries were followed by Denmark, Norway, Russia, the United States, Estonia, Finland and the UK, which together accounted for a further 32%.

In terms of the main suppliers, Russia, with a CAGR of +306.1%, saw 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

The average anti-freezing preparations import price stood at $X per ton in 2021, picking up by 1.5% against the previous year. Over the last nine years, it increased at an average annual rate of +2.1%. The most prominent rate of growth was recorded in 2016 when the average import price increased by 24%. The import price peaked in 2021 and is expected to retain 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 the Netherlands ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+28.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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