Sweden: Ferro-Titanium And Ferro-Silico-Titanium Market 2025

Ferro-Titanium And Ferro-Silico-Titanium Market Size in Sweden

In 2022, the Swedish ferro-titanium and ferro-silico-titanium market increased by 35% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption posted a tangible increase. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the near future.

Ferro-Titanium And Ferro-Silico-Titanium Exports

Exports from Sweden

Ferro-titanium and ferro-silico-titanium exports from Sweden expanded remarkably to X tons in 2022, surging by 7.6% against the previous year's figure. Overall, exports enjoyed prominent growth. The most prominent rate of growth was recorded in 2014 with an increase of 1,353% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports failed to regain momentum.

In value terms, ferro-titanium and ferro-silico-titanium exports fell slightly to $X in 2022. In general, exports recorded buoyant growth. The most prominent rate of growth was recorded in 2014 when exports increased by 900% against the previous year. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Latvia (X tons) was the main destination for ferro-titanium and ferro-silico-titanium exports from Sweden, with a 60% share of total exports. Moreover, ferro-titanium and ferro-silico-titanium exports to Latvia exceeded the volume sent to the second major destination, the UK (X tons), twofold. The third position in this ranking was held by Germany (X tons), with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Latvia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (-6.7% per year) and Germany (-42.9% per year).

In value terms, the UK ($X), Latvia ($X) and Germany ($X) constituted the largest markets for ferro-titanium and ferro-silico-titanium exported from Sweden worldwide, with a combined 97% share of total exports.

In terms of the main countries of destination, the UK, with a CAGR of +7.1%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average ferro-titanium and ferro-silico-titanium export price stood at $X per ton in 2022, dropping by -8.6% against the previous year. Over the period under review, the export price saw a perceptible shrinkage. The growth pace was the most rapid in 2017 an increase of 45% against the previous year. The export price peaked at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Latvia ($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 Norway (+16.1%), while the prices for the other major destinations experienced more modest paces of growth.

Ferro-Titanium And Ferro-Silico-Titanium Imports

Imports into Sweden

In 2022, supplies from abroad of ferro-titanium and ferro-silico-titanium increased by 16% to X tons, rising for the second year in a row after three years of decline. Overall, total imports indicated pronounced growth from 2012 to 2022: its volume increased at an average annual rate of +2.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +83.8% against 2020 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 59% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, ferro-titanium and ferro-silico-titanium imports soared to $X in 2022. Over the period under review, imports posted pronounced growth. The pace of growth appeared the most rapid in 2021 when imports increased by 145%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Russia (X tons) constituted the largest ferro-titanium and ferro-silico-titanium supplier to Sweden, with a 46% share of total imports. Moreover, ferro-titanium and ferro-silico-titanium imports from Russia exceeded the figures recorded by the second-largest supplier, the UK (X tons), threefold. Estonia (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from Russia amounted to +71.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+0.5% per year) and Estonia (+7.1% per year).

In value terms, the largest ferro-titanium and ferro-silico-titanium suppliers to Sweden were Russia ($X), the UK ($X) and Estonia ($X), together comprising 72% of total imports.

Russia, with a CAGR of +95.5%, 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

The average ferro-titanium and ferro-silico-titanium import price stood at $X per ton in 2022, rising by 35% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 54% against the previous year. The import price peaked in 2022 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 Finland ($X per ton), while the price for Russia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+24.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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