Sweden: Market for Articles Of Graphite Or Other Carbon For Electrical Purposes 2024

Market Size for Articles Of Graphite Or Other Carbon For Electrical Purposes in Sweden

The Swedish carbon for electrical purposes market fell slightly to $X in 2022, dropping by -4.2% against the previous year. Over the period under review, consumption, however, saw strong growth. Over the period under review, the market reached the peak level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Production of Articles Of Graphite Or Other Carbon For Electrical Purposes in Sweden

In value terms, carbon for electrical purposes production contracted to $X in 2022 estimated in export price. In general, the total production indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +6.0% against 2020 indices. The most prominent rate of growth was recorded in 2014 with an increase of 89%. Carbon for electrical purposes production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Exports of Articles Of Graphite Or Other Carbon For Electrical Purposes

Exports from Sweden

After two years of growth, shipments abroad of articles of graphite or other carbon for electrical purposes decreased by -27.4% to X tons in 2022. Over the period under review, exports faced a deep reduction. The growth pace was the most rapid in 2016 with an increase of 107%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, carbon for electrical purposes exports reduced notably to $X in 2022. Overall, exports continue to indicate a abrupt setback. The pace of growth was the most pronounced in 2016 with an increase of 110%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Norway (X tons), Slovenia (X tons) and France (X tons) were the main destinations of carbon for electrical purposes exports from Sweden, together accounting for 87% of total exports. Finland, the UK and Germany lagged somewhat behind, together accounting for a further 8.1%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +66.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for carbon for electrical purposes exported from Sweden were Norway ($X), Slovenia ($X) and France ($X), with a combined 88% share of total exports. Finland, the UK and Germany lagged somewhat behind, together comprising a further 8%.

In terms of the main countries of destination, the UK, with a CAGR of +66.0%, saw the highest rates of growth with regard to 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

In 2022, the average carbon for electrical purposes export price amounted to $X per ton, therefore, remained relatively stable against the previous year. In general, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 an increase of 27%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2022, amid the top suppliers, the countries with the highest prices were France ($X per ton) and Slovenia ($X per ton), while the average price for exports to Norway ($X per ton) and Finland ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to France (+8.3%), while the prices for the other major destinations experienced a decline.

Imports of Articles Of Graphite Or Other Carbon For Electrical Purposes

Imports into Sweden

After four years of decline, purchases abroad of articles of graphite or other carbon for electrical purposes increased by 19% to X tons in 2022. Over the period under review, imports, however, saw a pronounced downturn. The pace of growth was the most pronounced in 2015 when imports increased by 101% against the previous year. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, carbon for electrical purposes imports expanded slightly to $X in 2022. Overall, imports, however, continue to indicate a noticeable descent. The most prominent rate of growth was recorded in 2015 when imports increased by 26%. Over the period under review, imports attained the peak figure at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the UK (X tons) constituted the largest supplier of carbon for electrical purposes to Sweden, with a 35% share of total imports. Moreover, carbon for electrical purposes imports from the UK exceeded the figures recorded by the second-largest supplier, the Czech Republic (X tons), threefold. The United States (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from the UK amounted to +11.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+95.4% per year) and the United States (+21.7% per year).

In value terms, the UK ($X) constituted the largest supplier of articles of graphite or other carbon for electrical purposes to Sweden, comprising 38% of total imports. The second position in the ranking was held by the Czech Republic ($X), with a 14% share of total imports. It was followed by Germany, with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the UK stood at +12.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the Czech Republic (+116.5% per year) and Germany (-13.6% per year).

Import Prices by Country

In 2022, the average carbon for electrical purposes import price amounted to $X per ton, waning by -12.3% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the average import price increased by 279%. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (+26.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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