Sweden: Ethylene Market 2025

Ethylene Market Size in Sweden

In 2021, the Swedish ethylene market decreased by -57.4% to $X for the first time since 2018, thus ending a two-year rising trend. Over the period under review, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X, and then contracted markedly in the following year.

Ethylene Exports

Exports from Sweden

In 2021, overseas shipments of ethylene decreased by -52.1% to X tons, falling for the third year in a row after three years of growth. Over the period under review, exports saw a pronounced decline. The growth pace was the most rapid in 2016 when exports increased by 24,015%. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, ethylene exports contracted notably to $X in 2021. In general, exports showed a pronounced reduction. The pace of growth appeared the most rapid in 2016 with an increase of 10,221% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X tons) was the main destination for ethylene exports from Sweden, accounting for a approx. 99.9% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of volume to Belgium totaled -2.9%.

In value terms, Belgium ($X) also remains the key foreign market for ethylene exports from Sweden.

From 2012 to 2021, the average annual growth rate of value to Belgium amounted to -4.7%.

Export Prices by Country

The average ethylene export price stood at $X per ton in 2021, surging by 50% against the previous year. In general, the export price, however, continues to indicate a slight shrinkage. The pace of growth appeared the most rapid in 2015 when the average export price increased by 77%. As a result, the export price reached the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Belgium.

From 2012 to 2021, the rate of growth in terms of prices for Germany amounted to +10.5% per year.

Ethylene Imports

Imports into Sweden

In 2021, after two years of growth, there was significant decline in purchases abroad of ethylene, when their volume decreased by -65.3% to X tons. Overall, imports, however, showed modest growth. The most prominent rate of growth was recorded in 2020 with an increase of 354% against the previous year. As a result, imports attained the peak of X tons, and then fell sharply in the following year.

In value terms, ethylene imports fell markedly to $X in 2021. Over the period under review, imports recorded a slight downturn. The pace of growth was the most pronounced in 2020 when imports increased by 218% against the previous year. As a result, imports attained the peak of $X, and then shrank significantly in the following year.

Imports by Country

Norway (X tons), the Netherlands (X tons) and Finland (X tons) were the main suppliers of ethylene imports to Sweden, with a combined 79% share of total imports. Spain, the UK and France lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +90.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) constituted the largest supplier of ethylene to Sweden, comprising 45% of total imports. The second position in the ranking was taken by the Netherlands ($X), with a 21% share of total imports. It was followed by Finland, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Norway totaled +14.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+3.2% per year) and Finland (-0.2% per year).

Import Prices by Country

In 2021, the average ethylene import price amounted to $X per ton, growing by 42% against the previous year. Overall, the import price, however, showed a perceptible descent. Over the period under review, average import prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Finland ($X per ton) and France ($X per ton), while the price for Spain ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Spain (+32.3%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :