Sweden: Ethylene-Vinyl Acetate Copolymers Market 2024

Ethylene-Vinyl Acetate Copolymers Market Size in Sweden

In 2022, the Swedish ethylene-vinyl acetate copolymers market increased by 43% to $X, rising for the second year in a row after three years of decline. Overall, consumption, however, showed a slight curtailment. Ethylene-vinyl acetate copolymers consumption peaked at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Ethylene-Vinyl Acetate Copolymers Production in Sweden

In value terms, ethylene-vinyl acetate copolymers production reduced rapidly to $X in 2022 estimated in export price. In general, production saw a abrupt downturn. The most prominent rate of growth was recorded in 2017 when the production volume increased by 841% against the previous year. Ethylene-vinyl acetate copolymers production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Ethylene-Vinyl Acetate Copolymers Exports

Exports from Sweden

In 2022, shipments abroad of ethylene-vinyl acetate copolymers in primary forms decreased by -4.2% to X tons for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 84%. Over the period under review, the exports reached the maximum at X tons in 2021, and then declined in the following year.

In value terms, ethylene-vinyl acetate copolymers exports expanded sharply to $X in 2022. Overall, exports, however, continue to indicate a pronounced increase. The most prominent rate of growth was recorded in 2021 with an increase of 49%. The exports peaked in 2022 and are expected to retain growth in the near future.

Exports by Country

Germany (X tons), Denmark (X tons) and Spain (X tons) were the main destinations of ethylene-vinyl acetate copolymers exports from Sweden, with a combined 55% share of total exports. France, Italy, Portugal, Norway, Morocco, Finland, Canada, Poland, the UK and Greece lagged somewhat behind, together comprising a further 38%.

From 2012 to 2022, the biggest increases were recorded for Canada (with a CAGR of +103.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for ethylene-vinyl acetate copolymers exported from Sweden were Denmark ($X), Germany ($X) and Spain ($X), together accounting for 50% of total exports. Italy, Portugal, Finland, France, Morocco, Poland, Norway, Canada, Greece and the UK lagged somewhat behind, together accounting for a further 41%.

Among the main countries of destination, Canada, with a CAGR of +122.7%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average ethylene-vinyl acetate copolymers export price stood at $X per ton in 2022, with an increase of 10% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. The most prominent rate of growth was recorded in 2014 an increase of 33%. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to the UK ($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 Finland (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Ethylene-Vinyl Acetate Copolymers Imports

Imports into Sweden

In 2022, ethylene-vinyl acetate copolymers imports into Sweden surged to X tons, rising by 32% compared with the year before. The total import volume increased at an average annual rate of +2.5% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, ethylene-vinyl acetate copolymers imports soared to $X in 2022. Over the period under review, imports recorded a noticeable increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Germany (X tons), Belgium (X tons) and the UK (X tons) were the main suppliers of ethylene-vinyl acetate copolymers imports to Sweden, with a combined 54% share of total imports. The United States, Denmark, Poland, the Netherlands, South Korea and France lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2022, the biggest increases were recorded for South Korea (with a CAGR of +111.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), Germany ($X) and the United States ($X) appeared to be the largest ethylene-vinyl acetate copolymers suppliers to Sweden, with a combined 54% share of total imports. The UK, Denmark, the Netherlands, Poland, South Korea and France lagged somewhat behind, together comprising a further 36%.

South Korea, with a CAGR of +127.7%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average ethylene-vinyl acetate copolymers import price amounted to $X per ton, with an increase of 20% against the previous year. Overall, import price indicated a modest expansion from 2012 to 2022: its price increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, ethylene-vinyl acetate copolymers import price increased by +59.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 33%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+7.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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