Sweden: Hydrogen Peroxide Market 2024

Hydrogen Peroxide Market Size in Sweden

In 2022, the Swedish hydrogen peroxide market was finally on the rise to reach $X after two years of decline. Overall, the total consumption indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the peak level in 2022 and is likely to continue growth in the near future.

Hydrogen Peroxide Production in Sweden

In value terms, hydrogen peroxide production stood at $X in 2022 estimated in export price. In general, production, however, continues to indicate significant growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by 582% against the previous year. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

Hydrogen Peroxide Exports

Exports from Sweden

In 2022, after four years of growth, there was significant decline in shipments abroad of hydrogen peroxide, when their volume decreased by -11.2% to X tons. Over the period under review, exports, however, showed a strong increase. The most prominent rate of growth was recorded in 2014 when exports increased by 49% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2021, and then shrank in the following year.

In value terms, hydrogen peroxide exports skyrocketed to $X in 2022. In general, exports, however, showed a remarkable increase. The growth pace was the most rapid in 2014 when exports increased by 81% against the previous year. The exports peaked in 2022 and are likely to continue growth in the near future.

Exports by Country

Finland (X tons), the UK (X tons) and Germany (X tons) were the main destinations of hydrogen peroxide exports from Sweden, with a combined 41% share of total exports. Turkey, Portugal, Estonia, Italy, Norway, Austria, Spain, the Netherlands, the Czech Republic and Poland lagged somewhat behind, together comprising a further 50%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (with a CAGR of +370.2%), while the other leaders experienced more modest paces of growth.

In value terms, Finland ($X), the UK ($X) and Turkey ($X) constituted the largest markets for hydrogen peroxide exported from Sweden worldwide, with a combined 39% share of total exports. Germany, Portugal, Estonia, Italy, Norway, Austria, the Czech Republic, Spain, the Netherlands and Poland lagged somewhat behind, together accounting for a further 51%.

Spain, with a CAGR of +450.8%, 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

The average hydrogen peroxide export price stood at $X per ton in 2022, with an increase of 41% against the previous year. Over the period under review, export price indicated a mild increase from 2012 to 2022: its price increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, hydrogen peroxide export price increased by +68.1% against 2019 indices. Over the period under review, the average export prices reached the maximum at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Turkey ($X per ton), while the average price for exports to the Netherlands ($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 Spain (+17.1%), while the prices for the other major destinations experienced more modest paces of growth.

Hydrogen Peroxide Imports

Imports into Sweden

In 2022, approx. X tons of hydrogen peroxide were imported into Sweden; which is down by -7.2% compared with the previous year. Overall, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2017 with an increase of 21%. Over the period under review, imports reached the peak figure at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, hydrogen peroxide imports expanded markedly to $X in 2022. Over the period under review, imports recorded a perceptible shrinkage. The pace of growth appeared the most rapid in 2018 when imports increased by 53%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Finland (X tons) constituted the largest supplier of hydrogen peroxide to Sweden, accounting for a 68% share of total imports. Moreover, hydrogen peroxide imports from Finland exceeded the figures recorded by the second-largest supplier, Norway (X tons), threefold. Germany (X tons) ranked third in terms of total imports with an 8.4% share.

From 2012 to 2022, the average annual growth rate of volume from Finland was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (+6.3% per year) and Germany (-6.3% per year).

In value terms, Finland ($X) constituted the largest supplier of hydrogen peroxide to Sweden, comprising 68% of total imports. The second position in the ranking was held by Norway ($X), with a 17% share of total imports. It was followed by Germany, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from Finland stood at +2.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (+6.6% per year) and Germany (-3.8% per year).

Import Prices by Country

In 2022, the average hydrogen peroxide import price amounted to $X per ton, surging by 20% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.1%. The most prominent rate of growth was recorded in 2018 when the average import price increased by 30%. Over the period under review, average import prices attained the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

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 Belgium ($X per ton), while the price for Norway ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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