Sweden: Copper Foil Market 2024

Copper Foil Market Size in Sweden

The Swedish copper foil market skyrocketed to $X in 2022, jumping by 51% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption recorded strong growth. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in the near future.

Copper Foil Exports

Exports from Sweden

In 2022, shipments abroad of copper foil increased by 49% to X tons, rising for the third consecutive year after two years of decline. In general, exports, however, saw a precipitous shrinkage. The growth pace was the most rapid in 2016 with an increase of 107%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, copper foil exports skyrocketed to $X in 2022. Overall, exports, however, showed a sharp decrease. The most prominent rate of growth was recorded in 2016 with an increase of 108%. 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

Belgium (X tons) was the main destination for copper foil exports from Sweden, with a 66% share of total exports. Moreover, copper foil exports to Belgium exceeded the volume sent to the second major destination, Denmark (X tons), sixfold. The third position in this ranking was taken by Finland (X tons), with a 10% share.

From 2012 to 2022, the average annual growth rate of volume to Belgium stood at +85.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-22.7% per year) and Finland (-9.3% per year).

In value terms, Belgium ($X) remains the key foreign market for copper foil exports from Sweden, comprising 67% of total exports. The second position in the ranking was taken by Finland ($X), with a 17% share of total exports. It was followed by Denmark, with a 5.4% share.

From 2012 to 2022, the average annual growth rate of value to Belgium stood at +92.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-1.2% per year) and Denmark (-23.4% per year).

Export Prices by Country

In 2022, the average copper foil export price amounted to $X per ton, growing by 9.4% against the previous year. Over the period under review, export price indicated resilient growth from 2012 to 2022: its price increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper foil export price increased by +15.7% against 2020 indices. The most prominent rate of growth was recorded in 2015 an increase of 47%. The export price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+15.3%), while the prices for the other major destinations experienced more modest paces of growth.

Copper Foil Imports

Imports into Sweden

Copper foil imports into Sweden soared to X tons in 2022, increasing by 37% against 2021 figures. In general, imports continue to indicate a modest expansion. The most prominent rate of growth was recorded in 2014 with an increase of 93%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, copper foil imports surged to $X in 2022. Overall, imports enjoyed a resilient increase. The most prominent rate of growth was recorded in 2014 when imports increased by 103%. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

Imports by Country

South Korea (X tons), the Netherlands (X tons) and China (X tons) were the main suppliers of copper foil imports to Sweden, with a combined 61% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by South Korea (with a CAGR of +294.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest copper foil suppliers to Sweden were South Korea ($X), China ($X) and the Netherlands ($X), together accounting for 62% of total imports.

Among the main suppliers, South Korea, with a CAGR of +354.4%, recorded 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

In 2022, the average copper foil import price amounted to $X per ton, with an increase of 14% against the previous year. Overall, import price indicated a resilient increase from 2012 to 2022: its price increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, copper foil import price increased by +92.1% against 2016 indices. The most prominent rate of growth was recorded in 2021 an increase of 32%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+15.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform