Sweden: Dichloromethane Market 2024

Dichloromethane Market Size in Sweden

The Swedish dichloromethane market expanded sharply to $X in 2021, with an increase of 14% against the previous year. Over the period under review, consumption, however, saw a deep setback. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Dichloromethane Production in Sweden

In value terms, dichloromethane production expanded rapidly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a drastic downturn. The growth pace was the most rapid in 2018 with an increase of 49%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Dichloromethane Exports

Exports from Sweden

In 2021, shipments abroad of dichloromethane (methylene chloride) increased by 16% to X tons for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a deep reduction. The pace of growth appeared the most rapid in 2018 when exports increased by 24% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, dichloromethane exports skyrocketed to $X in 2021. Overall, total exports indicated noticeable growth from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 when exports increased by 47% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Denmark (X tons), Norway (X tons) and Finland (X tons) were the main destinations of dichloromethane exports from Sweden, with a combined 99% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of -3.1%), while the other leaders experienced a decline.

In value terms, the largest markets for dichloromethane exported from Sweden were Norway ($X), Denmark ($X) and Finland ($X), with a combined 100% share of total exports.

Denmark, with a CAGR of +4.7%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average dichloromethane export price stood at $X per ton in 2021, with an increase of 11% against the previous year. Over the period under review, export price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +9.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, dichloromethane export price increased by +22.4% against 2019 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 59% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Average prices varied somewhat for the major export markets. In 2021, the country with the highest price was Finland ($X per ton), while the average price for exports to Denmark ($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 Norway (+11.2%), while the prices for the other major destinations experienced more modest paces of growth.

Dichloromethane Imports

Imports into Sweden

In 2021, overseas purchases of dichloromethane (methylene chloride) were finally on the rise to reach X tons after four years of decline. The total import volume increased at an average annual rate of +1.0% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when imports increased by 23% against the previous year. Imports peaked at X tons in 2014; however, from 2015 to 2021, imports remained at a lower figure.

In value terms, dichloromethane imports totaled $X in 2021. Over the period under review, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by 20% against the previous year. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest dichloromethane supplier to Sweden, with a 77% share of total imports. Moreover, dichloromethane imports from Germany exceeded the figures recorded by the second-largest supplier, France (X tons), sixfold. Belgium (X tons) ranked third in terms of total imports with a 6.4% share.

From 2012 to 2021, the average annual growth rate of volume from Germany amounted to +5.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+1.9% per year) and Belgium (+72.2% per year).

In value terms, Germany ($X) constituted the largest supplier of dichloromethane (methylene chloride) to Sweden, comprising 68% of total imports. The second position in the ranking was held by France ($X), with a 14% share of total imports. It was followed by Belgium, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to -1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+6.3% per year) and Belgium (+80.8% per year).

Import Prices by Country

The average dichloromethane import price stood at $X per ton in 2021, with a decrease of -5.6% against the previous year. In general, the import price recorded a mild curtailment. The most prominent rate of growth was recorded in 2019 when the average import price increased by 23% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

Prices varied noticeably country of origin: the country with the highest price was the UK ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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