Sweden: Degras Market 2025

Degras Market Size in Sweden

The Swedish degras market surged to $X in 2021, jumping by 81% against the previous year. Over the period under review, consumption saw tangible growth. Degras consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Degras Production in Sweden

In value terms, degras production dropped dramatically to $X in 2021 estimated in export price. Over the period under review, production saw a pronounced descent. The growth pace was the most rapid in 2017 with an increase of 312% against the previous year. Over the period under review, production reached the maximum level at $X in 2020, and then shrank dramatically in the following year.

Degras Exports

Exports from Sweden

In 2021, after two years of growth, there was significant decline in overseas shipments of degras, when their volume decreased by -78.2% to X tons. Over the period under review, exports recorded a abrupt downturn. The pace of growth was the most pronounced in 2016 when exports increased by 164%. Over the period under review, the exports attained the maximum at X tons in 2020, and then declined dramatically in the following year.

In value terms, degras exports declined sharply to $X in 2021. Overall, exports, however, continue to indicate a mild expansion. The pace of growth was the most pronounced in 2016 with an increase of 260% against the previous year. The exports peaked at $X in 2020, and then dropped significantly in the following year.

Exports by Country

Denmark (X tons) was the main destination for degras exports from Sweden, with a 82% share of total exports. Moreover, degras exports to Denmark exceeded the volume sent to the second major destination, Norway (X tons), sixfold. The Netherlands (X tons) ranked third in terms of total exports with a 2.9% share.

From 2012 to 2021, the average annual growth rate of volume to Denmark stood at -6.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+11.3% per year) and the Netherlands (+2.7% per year).

In value terms, Denmark ($X) emerged as the key foreign market for degras exports from Sweden, comprising 80% of total exports. The second position in the ranking was held by Norway ($X), with a 15% share of total exports. It was followed by the Netherlands, with a 3.9% share.

From 2012 to 2021, the average annual growth rate of value to Denmark was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+12.4% per year) and the Netherlands (+17.9% per year).

Export Prices by Country

In 2021, the average degras export price amounted to $X per ton, growing by 7.5% against the previous year. Over the period under review, the export price posted strong growth. The pace of growth appeared the most rapid in 2018 an increase of 50%. The export price peaked in 2021 and is likely to see gradual growth in the near future.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Germany ($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 Netherlands (+14.8%), while the prices for the other major destinations experienced more modest paces of growth.

Degras Imports

Imports into Sweden

In 2021, supplies from abroad of degras decreased by -16.4% to X tons, falling for the second year in a row after two years of growth. Overall, imports, however, continue to indicate resilient growth. The most prominent rate of growth was recorded in 2018 when imports increased by 171%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports remained at a lower figure.

In value terms, degras imports skyrocketed to $X in 2021. Over the period under review, imports, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2018 with an increase of 244%. Imports peaked at $X in 2019; however, from 2020 to 2021, imports remained at a lower figure.

Imports by Country

Norway (X tons), Belgium (X tons) and Denmark (X tons) were the main suppliers of degras imports to Sweden, with a combined 90% 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 Denmark (with a CAGR of +108.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X) constituted the largest supplier of degras to Sweden, comprising 60% of total imports. The second position in the ranking was held by Norway ($X), with a 21% share of total imports. It was followed by the Netherlands, with a 6.4% share.

From 2012 to 2021, the average annual growth rate of value from Belgium totaled +4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (+6.0% per year) and the Netherlands (+37.2% per year).

Import Prices by Country

The average degras import price stood at $X per ton in 2021, with an increase of 55% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2021: its price increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the Netherlands ($X per ton), while the price for Norway ($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 (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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