Sweden: Complex Fluorine Salts Market 2024

Complex Fluorine Salts Market Size in Sweden

In 2021, the Swedish complex fluorine salts market decreased by -0.2% to $X, falling for the second consecutive year after two years of growth. Over the period under review, the total consumption indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +9.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -5.9% against 2019 indices. Over the period under review, the market attained the peak level at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Complex Fluorine Salts Exports

Exports from Sweden

In 2021, shipments abroad of fluorides, fluorosilicates, fluoroaluminates and other complex fluorine salts was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 209%. As a result, the exports attained the peak of X tons. From 2019 to 2021, the growth of the exports remained at a lower figure.

In value terms, complex fluorine salts exports skyrocketed to $X in 2021. In general, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of 71% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Norway (X tons), Belgium (X tons) and the Czech Republic (X kg) were the main destinations of complex fluorine salts exports from Sweden, together comprising 87% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of +97.3%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for complex fluorine salts exported from Sweden were Norway ($X), Belgium ($X) and Latvia ($X), with a combined 88% share of total exports.

Belgium, with a CAGR of +1,012.8%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average complex fluorine salts export price amounted to $X per ton, rising by 15% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 an increase of 89%. Over the period under review, the average export prices hit record highs at $X per ton in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Latvia ($X per ton), while the average price for exports to the Czech Republic ($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 the United Arab Emirates (-2.3%), while the prices for the other major destinations experienced a decline.

Complex Fluorine Salts Imports

Imports into Sweden

In 2021, purchases abroad of fluorides, fluorosilicates, fluoroaluminates and other complex fluorine salts increased by 4.7% to X tons, rising for the second year in a row after three years of decline. Over the period under review, imports showed a remarkable increase. The growth pace was the most rapid in 2014 with an increase of 117%. Over the period under review, imports attained the maximum at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, complex fluorine salts imports reduced modestly to $X in 2021. In general, total imports indicated a resilient increase from 2012 to 2021: its value increased at an average annual rate of +9.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -11.7% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of 113%. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Lithuania (X tons), Norway (X tons) and Denmark (X tons) were the main suppliers of complex fluorine salts imports to Sweden, with a combined 95% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Norway (with a CAGR of +86.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest complex fluorine salts suppliers to Sweden were Lithuania ($X), Norway ($X) and Denmark ($X), together accounting for 86% of total imports.

Norway, with a CAGR of +86.9%, recorded the highest rates of growth with regard to 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 2021, the average complex fluorine salts import price amounted to $X per ton, reducing by -6.6% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 25%. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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