Sweden: Acyclic Hydrocarbons Derivatives Market 2024

Acyclic Hydrocarbons Derivatives Market Size in Sweden

The Swedish acyclic hydrocarbons derivatives market surged to $X in 2021, picking up by 40% against the previous year. Overall, consumption posted a resilient increase. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Acyclic Hydrocarbons Derivatives Production in Sweden

In value terms, acyclic hydrocarbons derivatives production surged to $X in 2021 estimated in export price. In general, production continues to indicate a remarkable increase. The growth pace was the most rapid in 2018 with an increase of 56% against the previous year. Acyclic hydrocarbons derivatives production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Acyclic Hydrocarbons Derivatives Exports

Exports from Sweden

In 2021, the amount of fluorinated, brominated or iodinated derivatives of acyclic hydrocarbons exported from Sweden declined dramatically to X tons, shrinking by -31.1% compared with 2020. Over the period under review, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2014 when exports increased by 151%. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, acyclic hydrocarbons derivatives exports reduced to $X in 2021. Overall, exports, however, showed measured growth. The growth pace was the most rapid in 2018 with an increase of 228%. 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), Denmark (X tons) and Finland (X tons) were the main destinations of acyclic hydrocarbons derivatives 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 Denmark (with a CAGR of +9.0%), while the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) remains the key foreign market for fluorinated, brominated or iodinated derivatives of acyclic hydrocarbons exports from Sweden, comprising 54% of total exports. The second position in the ranking was taken by Finland ($X), with a 19% share of total exports. It was followed by Denmark, with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Norway was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+3.8% per year) and Denmark (+12.2% per year).

Export Prices by Country

The average acyclic hydrocarbons derivatives export price stood at $X per ton in 2021, with an increase of 27% against the previous year. In general, the export price enjoyed a prominent increase. The pace of growth was the most pronounced in 2018 an increase of 68% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Norway ($X per ton), while the average price for exports to Lithuania ($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 Latvia (+14.7%), while the prices for the other major destinations experienced more modest paces of growth.

Acyclic Hydrocarbons Derivatives Imports

Imports into Sweden

In 2021, acyclic hydrocarbons derivatives imports into Sweden reached X tons, picking up by 6.7% compared with 2020. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by 59%. Over the period under review, imports reached the maximum at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, acyclic hydrocarbons derivatives imports skyrocketed to $X in 2021. Over the period under review, imports continue to indicate buoyant growth. The growth pace was the most rapid in 2017 when imports increased by 92%. Over the period under review, imports hit record highs at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest supplier of acyclic hydrocarbons derivatives to Sweden, with a 47% share of total imports. Moreover, acyclic hydrocarbons derivatives imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. China (X tons) ranked third in terms of total imports with a 15% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+8.3% per year) and China (+14.3% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of fluorinated, brominated or iodinated derivatives of acyclic hydrocarbons to Sweden, comprising 54% of total imports. The second position in the ranking was held by Germany ($X), with a 16% share of total imports. It was followed by the United States, with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from the Netherlands amounted to +16.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+11.3% per year) and the United States (+39.5% per year).

Import Prices by Country

In 2021, the average acyclic hydrocarbons derivatives import price amounted to $X per ton, with an increase of 30% against the previous year. In general, the import price posted a prominent increase. The growth pace was the most rapid in 2017 an increase of 57%. Over the period under review, average import prices reached the peak figure at $X per ton in 2018; however, from 2019 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+24.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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