Sweden: Market for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) 2024

Market Size for Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane) in Sweden

The Swedish cyclanes, cyclenes and cycloterpenes market declined modestly to $X in 2021, almost unchanged from 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). Over the period under review, consumption, however, saw a deep contraction. Cyclanes, cyclenes and cycloterpenes consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Exports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Exports from Sweden

In 2021, shipments abroad of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) was finally on the rise to reach X tons for the first time since 2016, thus ending a four-year declining trend. In general, exports, however, recorded a abrupt shrinkage. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

In value terms, cyclanes, cyclenes and cycloterpenes exports surged to $X in 2021. Over the period under review, exports, however, recorded a slight contraction. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for cyclanes, cyclenes and cycloterpenes exports from Sweden, accounting for a 53% share of total exports. Moreover, cyclanes, cyclenes and cycloterpenes exports to the United States exceeded the volume sent to the second major destination, Denmark (X tons), twofold. Norway (X kg) ranked third in terms of total exports with an 18% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+13.8% per year) and Norway (-24.5% per year).

In value terms, the United States ($X) emerged as the key foreign market for cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) exports from Sweden, comprising 83% of total exports. The second position in the ranking was held by Norway ($X), with a 7.4% share of total exports. It was followed by Denmark, with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value to the United States was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-23.4% per year) and Denmark (+10.1% per year).

Export Prices by Country

In 2021, the average cyclanes, cyclenes and cycloterpenes export price amounted to $X per ton, surging by 91% against the previous year. Over the period under review, the export price posted a resilient expansion. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

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 ($X per ton), while the average price for exports to Denmark ($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 Finland (+9.5%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cyclanes, Cyclenes And Cycloterpenes (Excluding Cyclohexane)

Imports into Sweden

In 2021, imports of cyclanes, cyclenes and cycloterpenes (excluding cyclohexane) into Sweden expanded markedly to X tons, picking up by 7.6% on 2020 figures. Overall, imports, however, recorded a abrupt curtailment. The pace of growth was the most pronounced in 2015 with an increase of 28%. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, cyclanes, cyclenes and cycloterpenes imports rose to $X in 2021. Over the period under review, imports, however, recorded a abrupt decline. The most prominent rate of growth was recorded in 2015 when imports increased by 22% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Finland (X tons), Belgium (X tons) and Germany (X tons) were the main suppliers of cyclanes, cyclenes and cycloterpenes imports to Sweden, with a combined 93% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Finland (with a CAGR of +98.6%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), Finland ($X) and Belgium ($X) were the largest cyclanes, cyclenes and cycloterpenes suppliers to Sweden, with a combined 95% share of total imports.

Among the main suppliers, Finland, with a CAGR of +101.1%, 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 mixed trend patterns.

Import Prices by Country

In 2021, the average cyclanes, cyclenes and cycloterpenes import price amounted to $X per ton, waning by -4.2% against the previous year. In general, import price indicated a temperate increase from 2012 to 2021: its price increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, cyclanes, cyclenes and cycloterpenes import price decreased by -18.1% against 2019 indices. The growth pace was the most rapid in 2018 an increase of 28% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2019; however, from 2020 to 2021, 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 ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+9.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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