Sweden: Extruded Rod Market 2022

Extruded Rod Market Size in Sweden

In 2021, the Swedish extruded rod market decreased by -X% to $X, falling for the fourth consecutive year after two years of growth. Overall, consumption showed a abrupt decline. Extruded rod consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Extruded Rod Production in Sweden

In value terms, extruded rod production stood at $X in 2021 estimated in export price. Overall, production, however, showed a pronounced decline. The pace of growth appeared the most rapid in 2016 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Extruded Rod Exports

Exports from Sweden

In 2021, extruded rod exports from Sweden expanded significantly to X tons, growing by X% on 2020 figures. Over the period under review, exports, however, continue to indicate a slight decrease. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, extruded rod exports soared to $X in 2021. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Lithuania (X tons) was the main destination for extruded rod exports from Sweden, accounting for a X% share of total exports. Moreover, extruded rod exports to Lithuania exceeded the volume sent to the second major destination, Norway (X tons), threefold. Finland (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Lithuania was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-X% per year) and Finland (+X% per year).

In value terms, Lithuania ($X) remains the key foreign market for extruded rod exports from Sweden, comprising X% of total exports. The second position in the ranking was taken by Norway ($X), with a X% share of total exports. It was followed by Germany, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Lithuania amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-X% per year) and Germany (+X% per year).

Export Prices by Country

In 2021, the average extruded rod export price amounted to $X per ton, growing by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2017 an increase of X%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

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

Extruded Rod Imports

Imports into Sweden

Extruded rod imports into Sweden declined to X tons in 2021, reducing by -X% on the previous year. Overall, imports recorded a pronounced decline. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, extruded rod imports rose notably to $X in 2021. In general, imports recorded a mild decrease. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Lithuania (X tons) constituted the largest supplier of extruded rod to Sweden, with a X% share of total imports. Moreover, extruded rod imports from Lithuania exceeded the figures recorded by the second-largest supplier, Poland (X tons), threefold. The third position in this ranking was taken by China (X tons), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from Lithuania stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+X% per year) and China (+X% per year).

In value terms, Lithuania ($X) constituted the largest supplier of extruded rod to Sweden, comprising X% of total imports. The second position in the ranking was held by Denmark ($X), with a X% share of total imports. It was followed by Poland, with an X% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Lithuania stood at -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+X% per year) and Poland (-X% per year).

Import Prices by Country

The average extruded rod import price stood at $X per ton in 2021, growing by X% against the previous year. Over the period under review, import price indicated a pronounced increase from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 an increase of X%. The import price peaked in 2021 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Denmark ($X per ton), while the price for China ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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