Sweden: Articles Of Zinc Market 2024

Articles Of Zinc Market Size in Sweden

The Swedish articles of zinc market expanded rapidly to $X in 2021, picking up by 7.6% against the previous year. Overall, consumption saw a notable expansion. Articles of zinc consumption peaked at $X in 2019; however, from 2020 to 2021, consumption remained at a lower figure.

Articles Of Zinc Production in Sweden

In value terms, articles of zinc production totaled $X in 2021 estimated in export price. Over the period under review, production posted a strong expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by 96% against the previous year. Articles of zinc production peaked at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Articles Of Zinc Exports

Exports from Sweden

In 2021, articles of zinc exports from Sweden surged to X tons, increasing by 18% compared with 2020. In general, exports saw a buoyant expansion. The most prominent rate of growth was recorded in 2018 with an increase of 106% against the previous year. The exports peaked in 2021 and are likely to see steady growth in years to come.

In value terms, articles of zinc exports surged to $X in 2021. Overall, exports showed a buoyant expansion. The most prominent rate of growth was recorded in 2018 when exports increased by 46%. Over the period under review, the exports attained the maximum in 2021 and are likely to see steady growth in years to come.

Exports by Country

Germany (X tons), Slovakia (X tons) and Norway (X tons) were the main destinations of articles of zinc exports from Sweden, together comprising 55% of total exports. Denmark, Hungary, Poland, the Czech Republic, the United States, Mexico, France, Romania, China and Portugal lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Portugal (with a CAGR of +105.7%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) remains the key foreign market for articles of zinc exports from Sweden, comprising 31% of total exports. The second position in the ranking was taken by Slovakia ($X), with a 14% share of total exports. It was followed by the United States, with a 6.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Germany stood at +36.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+50.7% per year) and the United States (+27.1% per year).

Export Prices by Country

In 2021, the average articles of zinc export price amounted to $X per ton, rising by 14% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 an increase of 19% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Slovakia ($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 the United States (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Articles Of Zinc Imports

Imports into Sweden

Articles of zinc imports into Sweden reached X tons in 2021, growing by 12% on 2020. Overall, imports, however, continue to indicate a deep contraction. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, articles of zinc imports surged to $X in 2021. In general, imports, however, continue to indicate a pronounced shrinkage. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Denmark (X tons), Peru (X tons) and Germany (X tons) were the main suppliers of articles of zinc imports to Sweden, with a combined 63% share of total imports. China, Vietnam, Poland, Italy, the UK and Estonia lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +40.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest articles of zinc suppliers to Sweden were Germany ($X), Denmark ($X) and China ($X), together accounting for 54% of total imports. Peru, Italy, the UK, Vietnam, Poland and Estonia lagged somewhat behind, together accounting for a further 29%.

In terms of the main suppliers, Poland, with a CAGR of +36.0%, saw the highest rates of growth with regard to 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

In 2021, the average articles of zinc import price amounted to $X per ton, rising by 2.8% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.6%. The most prominent rate of growth was recorded in 2014 when the average import price increased by 10% against the previous year. The import price peaked at $X per ton in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

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 the UK ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+9.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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