Sweden: Market for Forged Bars Of Stainless Steel 2025

Market Size for Forged Bars Of Stainless Steel in Sweden

In 2022, the Swedish forged stainless steel bar market decreased by X% to $X for the first time since 2018, thus ending a three-year rising trend. In general, consumption, however, saw a relatively flat trend pattern. Forged stainless steel bar consumption peaked at $X in 2016; however, from 2017 to 2022, consumption failed to regain momentum.

Production of Forged Bars Of Stainless Steel in Sweden

In value terms, forged stainless steel bar production declined modestly to $X in 2022 estimated in export price. Over the period under review, production saw a pronounced descent. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Exports of Forged Bars Of Stainless Steel

Exports from Sweden

In 2022, overseas shipments of forged bars of stainless steel decreased by X% to X tons, falling for the fourth year in a row after two years of growth. Over the period under review, exports showed a perceptible downturn. The pace of growth appeared the most rapid in 2017 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, forged stainless steel bar exports surged to $X in 2022. Overall, exports saw a perceptible descent. The pace of growth appeared the most rapid in 2017 when exports increased by X%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

China (X tons), Germany (X tons) and the UK (X tons) were the main destinations of forged stainless steel bar exports from Sweden, together comprising X% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and the United States ($X) appeared to be the largest markets for forged stainless steel bar exported from Sweden worldwide, together comprising X% of total exports.

Among the main countries of destination, China, with a CAGR of X%, saw 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

In 2022, the average forged stainless steel bar export price amounted to $X per ton, increasing by X% against the previous year. Overall, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, forged stainless steel bar export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum in 2022 and is likely to see steady growth in the near future.

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

Imports of Forged Bars Of Stainless Steel

Imports into Sweden

In 2022, overseas purchases of forged bars of stainless steel decreased by X% to X tons, falling for the second consecutive year after three years of growth. Over the period under review, imports, however, posted a buoyant increase. The pace of growth appeared the most rapid in 2018 when imports increased by X% against the previous year. Imports peaked at X tons in 2020; however, from 2021 to 2022, imports remained at a lower figure.

In value terms, forged stainless steel bar imports skyrocketed to $X in 2022. Overall, imports, however, enjoyed a buoyant expansion. The growth pace was the most rapid in 2018 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Latvia (X tons) constituted the largest forged stainless steel bar supplier to Sweden, accounting for a X% share of total imports. Moreover, forged stainless steel bar imports from Latvia exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold. The third position in this ranking was held by Denmark (X tons), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Latvia stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Denmark (X% per year).

In value terms, Latvia ($X), Germany ($X) and Denmark ($X) appeared to be the largest forged stainless steel bar suppliers to Sweden, with a combined X% share of total imports. The Czech Republic and China lagged somewhat behind, together accounting for a further X%.

China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 2022, the average forged stainless steel bar import price amounted to $X per ton, with an increase of X% against the previous year. Overall, the import price, however, showed a drastic downturn. The pace of growth was the most pronounced in 2018 when the average import price increased by X%. As a result, import price attained the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Latvia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :