Sweden: Expansible Polystyrene Market 2024

Expansible Polystyrene Market Size in Sweden

The Swedish expansible polystyrene market soared to $X in 2021, rising by 124% against the previous year. In general, consumption posted a resilient increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Expansible Polystyrene Production in Sweden

In value terms, expansible polystyrene production surged to $X in 2021 estimated in export price. Overall, production continues to indicate a significant expansion. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Expansible Polystyrene Exports

Exports from Sweden

In 2021, the amount of expansible polystyrene in primary forms exported from Sweden rose remarkably to X tons, with an increase of 14% on 2020. Overall, exports saw a strong expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 49% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, expansible polystyrene exports soared to $X in 2021. Over the period under review, exports saw buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Denmark (X tons) was the main destination for expansible polystyrene exports from Sweden, with a 80% share of total exports. Moreover, expansible polystyrene exports to Denmark exceeded the volume sent to the second major destination, Germany (X tons), sixfold.

From 2012 to 2021, the average annual growth rate of volume to Denmark totaled +17.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-9.9% per year) and the Netherlands (-10.2% per year).

In value terms, Denmark ($X) remains the key foreign market for expansible polystyrene in primary forms exports from Sweden, comprising 80% of total exports. The second position in the ranking was taken by Germany ($X), with a 12% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Denmark stood at +19.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-9.0% per year) and the Netherlands (-10.2% per year).

Export Prices by Country

The average expansible polystyrene export price stood at $X per ton in 2021, jumping by 86% against the previous year. In general, export price indicated a mild increase from 2012 to 2021: its price increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to the Netherlands ($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 Denmark (+1.8%), while the prices for the other major destinations experienced more modest paces of growth.

Expansible Polystyrene Imports

Imports into Sweden

In 2021, the amount of expansible polystyrene in primary forms imported into Sweden skyrocketed to X tons, jumping by 17% compared with the previous year's figure. The total import volume increased at an average annual rate of +3.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, expansible polystyrene imports surged to $X in 2021. Overall, total imports indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Norway (X tons), Germany (X tons) and Finland (X tons) were the main suppliers of expansible polystyrene imports to Sweden, together accounting for 85% of total imports. The Netherlands and France lagged somewhat behind, together accounting for a further 13%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +13.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest expansible polystyrene suppliers to Sweden were Norway ($X), Germany ($X) and Finland ($X), with a combined 85% share of total imports. The Netherlands and France lagged somewhat behind, together comprising a further 13%.

France, with a CAGR of +14.2%, recorded the highest growth rate of the value of imports, in terms of 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 2021, the average expansible polystyrene import price amounted to $X per ton, picking up by 82% against the previous year. Over the period under review, import price indicated a modest increase from 2012 to 2021: its price increased at an average annual rate of +1.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the highest price was recorded for prices from Norway ($X per ton) and France ($X per ton), while the price for Finland ($X per ton) and Germany ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+1.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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