Sweden: Fluoropolymers Market 2024

Fluoropolymers Market Size in Sweden

The Swedish fluoropolymers market amounted to $X in 2021, growing by 7.3% against the previous year. Over the period under review, consumption saw a resilient expansion. Fluoropolymers consumption peaked at $X in 2019; however, from 2020 to 2021, consumption failed to regain momentum.

Fluoropolymers Production in Sweden

In value terms, fluoropolymers production rose remarkably to $X in 2021 estimated in export price. In general, production posted a significant expansion. The growth pace was the most rapid in 2015 when the production volume increased by 412%. Fluoropolymers production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Fluoropolymers Exports

Exports from Sweden

After two years of decline, overseas shipments of fluoropolymers increased by 141% to X tons in 2021. In general, exports, however, recorded a relatively flat trend pattern. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, fluoropolymers exports skyrocketed to $X in 2021. Over the period under review, exports showed a relatively flat trend pattern. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Italy (X tons), Denmark (X tons) and the UK (X tons) were the main destinations of fluoropolymers exports from Sweden, together accounting for 86% of total exports.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +36.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Italy ($X) and the UK ($X) appeared to be the largest markets for fluoropolymers exported from Sweden worldwide, with a combined 83% share of total exports.

The UK, with a CAGR of +42.7%, saw the highest growth rate of 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 fluoropolymers export price amounted to $X per ton, reducing by -31.3% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when the average export price increased by 73%. The export price peaked at $X per ton in 2020, and then contracted notably in the following year.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Finland ($X per ton), while the average price for exports to Italy ($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 Russia (+13.6%), while the prices for the other major destinations experienced more modest paces of growth.

Fluoropolymers Imports

Imports into Sweden

In 2021, supplies from abroad of fluoropolymers decreased by -4.4% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, imports recorded a noticeable descent. The growth pace was the most rapid in 2014 when imports increased by 22%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, fluoropolymers imports expanded rapidly to $X in 2021. Overall, imports showed a noticeable decline. The pace of growth appeared the most rapid in 2018 when imports increased by 28%. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest fluoropolymers supplier to Sweden, accounting for a 38% share of total imports. Moreover, fluoropolymers imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was taken by the Netherlands (X tons), with a 13% share.

From 2012 to 2021, the average annual growth rate of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: China (+10.2% per year) and the Netherlands (-8.0% per year).

In value terms, Germany ($X) constituted the largest supplier of fluoropolymers to Sweden, comprising 32% of total imports. The second position in the ranking was held by Belgium ($X), with a 16% share of total imports. It was followed by France, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany amounted to -4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+17.5% per year) and France (+11.0% per year).

Import Prices by Country

In 2021, the average fluoropolymers import price amounted to $X per ton, surging by 15% against the previous year. Over the period under review, the import price, however, showed a slight slump. The growth pace was the most rapid in 2018 when the average import price increased by 23% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 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 the UK ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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