Sweden: Cold-Rolled Steel Products Market 2025

Cold-Rolled Steel Products Market Size in Sweden

The Swedish cold-rolled steel products market skyrocketed to $X in 2022, growing by 156% against the previous year. Overall, consumption, however, continues to indicate a abrupt contraction. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Cold-Rolled Steel Products Production in Sweden

In value terms, cold-rolled steel products production fell slightly to $X in 2022 estimated in export price. Overall, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the production volume increased by 12%. Cold-rolled steel products production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Cold-Rolled Steel Products Exports

Exports from Sweden

Cold-rolled steel products exports from Sweden declined to X tons in 2022, dropping by -7.2% against the previous year's figure. The total export volume increased at an average annual rate of +1.5% from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2016 when exports increased by 24%. As a result, the exports reached the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, cold-rolled steel products exports rose sharply to $X in 2022. The total export value increased at an average annual rate of +2.0% over the period from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 32%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Exports by Country

Germany (X tons), the United States (X tons) and China (X tons) were the main destinations of cold-rolled steel products exports from Sweden, with a combined 42% share of total exports. Italy, Poland, Mexico, Spain, Denmark, Finland, Brazil, France, the Czech Republic and the UK lagged somewhat behind, together accounting for a further 43%.

From 2012 to 2022, the biggest increases were recorded for Mexico (with a CAGR of +34.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and China ($X) appeared to be the largest markets for cold-rolled steel products exported from Sweden worldwide, together accounting for 40% of total exports. Italy, Denmark, Poland, Mexico, the UK, Spain, Finland, France, Brazil and the Czech Republic lagged somewhat behind, together comprising a further 41%.

In terms of the main countries of destination, Mexico, with a CAGR of +28.2%, 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 more modest paces of growth.

Export Prices by Country

The average cold-rolled steel products export price stood at $X per ton in 2022, jumping by 23% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Spain ($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 the UK (+9.6%), while the prices for the other major destinations experienced more modest paces of growth.

Cold-Rolled Steel Products Imports

Imports into Sweden

In 2022, overseas purchases of flat-rolled products of iron or steel (not further worked than cold-rolled) increased by 2.9% to X tons, rising for the second year in a row after three years of decline. Over the period under review, imports, however, showed a pronounced decrease. The growth pace was the most rapid in 2021 with an increase of 20% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, cold-rolled steel products imports soared to $X in 2022. In general, imports, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 50%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), Belgium (X tons) and Finland (X tons) were the main suppliers of cold-rolled steel products imports to Sweden, with a combined 59% share of total imports. Spain, the UK, the Netherlands, Denmark, Norway, Austria, South Africa, Romania and Italy lagged somewhat behind, together accounting for a further 35%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of +42.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of flat-rolled products of iron or steel (not further worked than cold-rolled) to Sweden, comprising 30% of total imports. The second position in the ranking was held by Spain ($X), with a 15% share of total imports. It was followed by Finland, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany stood at +4.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Spain (-5.7% per year) and Finland (-5.7% per year).

Import Prices by Country

The average cold-rolled steel products import price stood at $X per ton in 2022, surging by 28% against the previous year. Over the last decade, it increased at an average annual rate of +3.5%. As a result, import price reached the peak level 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 Romania ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+22.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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