Sweden: Market for Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement 2024

Market Size for Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement in Sweden

In 2021, the Swedish market for articles of asbestos-cement, of cellulose fibre-cement decreased by -3.7% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption recorded a mild decrease. Consumption of peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Production of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement in Sweden

In value terms, production of articles of asbestos-cement, of cellulose fibre-cement fell modestly to $X in 2021 estimated in export price. In general, production saw a mild setback. The pace of growth appeared the most rapid in 2019 with an increase of 62%. Over the period under review, production of hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement

Exports from Sweden

In 2019, approx. X kg of articles of asbestos-cement, of cellulose fibre-cement were exported from Sweden; picking up by 80% on the year before. Overall, exports, however, faced a deep contraction. The most prominent rate of growth was recorded in 2013 with an increase of 100% against the previous year. As a result, the exports reached the peak of X tons. From 2014 to 2019, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of articles of asbestos-cement, of cellulose fibre-cement skyrocketed to $X in 2019. In general, exports, however, continue to indicate a abrupt contraction. The growth pace was the most rapid in 2017 when exports increased by 88% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2019, the exports failed to regain momentum.

Exports by Country

Malaysia (X kg) was the main destination for exports of articles of asbestos-cement, of cellulose fibre-cement from Sweden, accounting for a 71% share of total exports. Moreover, exports of articles of asbestos-cement, of cellulose fibre-cement to Malaysia exceeded the volume sent to the second major destination, Norway (X kg), threefold.

From 2012 to 2019, the average annual growth rate of volume to Malaysia stood at +63.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-30.6% per year) and China (-46.8% per year).

In value terms, Malaysia ($X) remains the key foreign market for articles of asbestos-cement, of cellulose fibre-cement exports from Sweden, comprising 96% of total exports. The second position in the ranking was held by Norway ($X), with a 1.6% share of total exports.

From 2012 to 2019, the average annual rate of growth in terms of value to Malaysia amounted to +25.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-43.7% per year) and China (-44.0% per year).

Export Prices by Country

In 2019, the average export price for articles of asbestos-cement, of cellulose fibre-cement amounted to $X per ton, shrinking by -22.7% against the previous year. Overall, the export price, however, showed a noticeable expansion. The growth pace was the most rapid in 2014 when the average export price increased by 185%. Over the period under review, the average export prices reached the maximum at $X per ton in 2018, and then declined rapidly in the following year.

There were significant differences in the average prices for the major export markets. In 2019, amid the top suppliers, the country with the highest price was Malaysia ($X per ton), while the average price for exports to Norway ($X per ton) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Thailand (+138.3%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement

Imports into Sweden

In 2021, supplies from abroad of articles of asbestos-cement, of cellulose fibre-cement was finally on the rise to reach X tons after two years of decline. Overall, imports enjoyed a remarkable increase. Over the period under review, imports of hit record highs at X tons in 2018; however, from 2019 to 2021, imports failed to regain momentum.

In value terms, imports of articles of asbestos-cement, of cellulose fibre-cement skyrocketed to $X in 2021. In general, imports posted a significant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest articles of asbestos-cement, of cellulose fibre-cement supplier to Sweden, with a 83% share of total imports. Moreover, imports of articles of asbestos-cement, of cellulose fibre-cement from China exceeded the figures recorded by the second-largest supplier, Austria (X kg), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume from China totaled +8.7%.

In value terms, China ($X) constituted the largest supplier of articles of asbestos-cement, of cellulose fibre-cement to Sweden, comprising 79% of total imports. The second position in the ranking was taken by Austria ($X), with a 21% share of total imports.

From 2012 to 2021, the average annual growth rate of value from China stood at +25.9%.

Import Prices by Country

The average import price for articles of asbestos-cement, of cellulose fibre-cement stood at $X per ton in 2021, shrinking by -19.3% against the previous year. Over the period under review, the import price, however, posted a strong increase. The pace of growth appeared the most rapid in 2020 when the average import price increased by 267%. As a result, import price reached the peak level of $X per ton, and then declined dramatically in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Austria ($X per ton), while the price for China stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Austria (+43.3%).

Source: IndexBox Platform

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