Sweden - Sodium Carbonate - Market Analysis, Forecast, Size, Trends and Insights
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Sodium Carbonate Market Size in Sweden
In 2022, the Swedish sodium carbonate market decreased by -24.5% to $X for the first time since 2017, thus ending a four-year rising trend. Overall, consumption showed a strong increase. Over the period under review, the market reached the maximum level at $X in 2021, and then declined markedly in the following year.
Sodium Carbonate Production in Sweden
In value terms, sodium carbonate production shrank remarkably to $X in 2022 estimated in export price. Over the period under review, production, however, showed a significant curtailment. The pace of growth appeared the most rapid in 2013 with an increase of 542%. Sodium carbonate production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.
Sodium Carbonate Exports
Exports from Sweden
In 2022, shipments abroad of sodium carbonate was finally on the rise to reach X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports continue to indicate significant growth. The pace of growth was the most pronounced in 2015 with an increase of 168% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the near future.
In value terms, sodium carbonate exports surged to $X in 2022. Overall, exports continue to indicate significant growth. The pace of growth appeared the most rapid in 2017 with an increase of 553%. The exports peaked in 2022 and are expected to retain growth in the immediate term.
Exports by Country
Denmark (X tons), Germany (X tons) and Norway (X tons) were the main destinations of sodium carbonate exports from Sweden, together comprising 68% of total exports. The United States, Belgium, Slovakia and Brazil lagged somewhat behind, together accounting for a further 19%.
From 2012 to 2022, the biggest increases were recorded for Belgium (with a CAGR of +120.9%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the United States ($X) remains the key foreign market for sodium carbonate exports from Sweden, comprising 41% of total exports. The second position in the ranking was held by Germany ($X), with an 8.1% share of total exports. It was followed by Denmark, with a 5.6% share.
From 2012 to 2022, the average annual growth rate of value to the United States totaled +16.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+5.4% per year) and Denmark (+43.9% per year).
Export Prices by Country
The average sodium carbonate export price stood at $X per ton in 2022, which is down by -47.9% against the previous year. Over the period under review, the export price, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2017 when the average export price increased by 265%. The export price peaked at $X per ton in 2021, and then shrank notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Denmark ($X per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Slovakia (+3.8%), while the prices for the other major destinations experienced more modest paces of growth.
Sodium Carbonate Imports
Imports into Sweden
In 2022, supplies from abroad of sodium carbonate was finally on the rise to reach X tons for the first time since 2012, thus ending a nine-year declining trend. Over the period under review, imports, however, faced a abrupt shrinkage. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.
In value terms, sodium carbonate imports soared to $X in 2022. In general, imports, however, continue to indicate a abrupt contraction. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.
Imports by Country
Finland (X tons), Turkey (X tons) and Germany (X tons) were the main suppliers of sodium carbonate imports to Sweden, together accounting for 78% of total imports.
From 2012 to 2022, the biggest increases were recorded for Finland (with a CAGR of +166.2%), while purchases for the other leaders experienced mixed trend patterns.
In value terms, the largest sodium carbonate suppliers to Sweden were Finland ($X), Turkey ($X) and Germany ($X), together accounting for 78% of total imports.
Among the main suppliers, Finland, with a CAGR of +173.3%, saw 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
The average sodium carbonate import price stood at $X per ton in 2022, increasing by 32% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.9%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.
From 2012 to 2022, 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.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the sodium carbonate market in Sweden. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20134310 - Disodium carbonate
Country coverage:
- Sweden
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sweden
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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