Sweden: Cored Arc-Welding Wire Market 2025

Cored Arc-Welding Wire Market Size in Sweden

The Swedish cored arc-welding wire market skyrocketed to $X in 2021, with an increase of 16% against the previous year. Over the period under review, the total consumption indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +84.2% against 2016 indices. Over the period under review, the market attained the maximum level in 2021 and is likely to continue growth in years to come.

Cored Arc-Welding Wire Production in Sweden

In value terms, cored arc-welding wire production dropped to $X in 2021 estimated in export price. Over the period under review, production, however, posted a significant expansion. The growth pace was the most rapid in 2020 when the production volume increased by 42%. As a result, production reached the peak level of $X, and then dropped in the following year.

Cored Arc-Welding Wire Exports

Exports from Sweden

In 2021, the amount of cored arc-welding wire exported from Sweden dropped to X tons, shrinking by -10.2% compared with the year before. Overall, exports continue to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2016 when exports increased by 66%. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, cored arc-welding wire exports totaled $X in 2021. Over the period under review, exports saw a deep setback. The pace of growth appeared the most rapid in 2016 with an increase of 28%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Finland (X tons), Poland (X tons) and Norway (X tons) were the main destinations of cored arc-welding wire exports from Sweden, with a combined 67% share of total exports. These countries were followed by Spain, the Netherlands, Estonia, Lithuania, Denmark and the UK, which together accounted for a further 25%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +114.0%), while the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Finland ($X) and Poland ($X) constituted the largest markets for cored arc-welding wire exported from Sweden worldwide, together accounting for 60% of total exports. Spain, Estonia, the Netherlands, Lithuania, the UK and Denmark lagged somewhat behind, together comprising a further 23%.

Spain, with a CAGR of +101.2%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average cored arc-welding wire export price amounted to $X per ton, surging by 17% against the previous year. In general, the export price, however, saw a noticeable downturn. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Poland ($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 UK (+39.9%), while the prices for the other major destinations experienced mixed trend patterns.

Cored Arc-Welding Wire Imports

Imports into Sweden

In 2021, imports of cored arc-welding wire into Sweden rose rapidly to X tons, increasing by 8.7% compared with 2020. The total import volume increased at an average annual rate of +1.6% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 with an increase of 31% against the previous year. Over the period under review, imports hit record highs at X tons in 2019; however, from 2020 to 2021, imports failed to regain momentum.

In value terms, cored arc-welding wire imports rose sharply to $X in 2021. Over the period under review, imports, however, showed a perceptible reduction. The most prominent rate of growth was recorded in 2017 when imports increased by 20%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The Czech Republic (X tons), Japan (X tons) and the Netherlands (X tons) were the main suppliers of cored arc-welding wire imports to Sweden, together accounting for 82% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +37.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Japan ($X) and the Czech Republic ($X) constituted the largest cored arc-welding wire suppliers to Sweden, together accounting for 74% of total imports.

The Netherlands, with a CAGR of +37.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers 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 cored arc-welding wire import price amounted to $X per ton, with an increase of 5.7% against the previous year. Overall, the import price, however, showed a pronounced decrease. The pace of growth appeared the most rapid in 2014 an increase of 9.1% against the previous year. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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