Sweden: Industrial Fatty Alcohols Market 2024

Industrial Fatty Alcohols Market Size in Sweden

The Swedish industrial fatty alcohols market shrank dramatically to $X in 2021, declining by -16.5% against the previous year. Over the period under review, consumption continues to indicate a slight contraction. As a result, consumption attained the peak level of $X, and then dropped remarkably in the following year.

Industrial Fatty Alcohols Production in Sweden

In value terms, industrial fatty alcohols production contracted remarkably to $X in 2021 estimated in export price. Over the period under review, production saw a pronounced decline. The most prominent rate of growth was recorded in 2020 when the production volume increased by 98%. As a result, production attained the peak level of $X, and then shrank remarkably in the following year.

Industrial Fatty Alcohols Exports

Exports from Sweden

In 2021, the amount of industrial fatty alcohols exported from Sweden surged to X tons, growing by 21% compared with 2020 figures. Overall, total exports indicated notable growth from 2012 to 2021: its volume increased at an average annual rate of +2.4% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +18.3% against 2018 indices. The most prominent rate of growth was recorded in 2018 when exports increased by 47%. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, industrial fatty alcohols exports soared to $X in 2021. In general, exports showed a prominent increase. The pace of growth appeared the most rapid in 2020 when exports increased by 47%. The exports peaked in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Finland (X tons), Norway (X tons) and Switzerland (X tons) were the main destinations of industrial fatty alcohols exports from Sweden, together accounting for 86% of total exports.

From 2012 to 2021, the biggest increases were recorded for Finland (with a CAGR of +12.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for industrial fatty alcohols exported from Sweden were Finland ($X), Switzerland ($X) and Norway ($X), together comprising 81% of total exports.

Finland, with a CAGR of +14.7%, recorded 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 industrial fatty alcohols export price amounted to $X per ton, growing by 1.9% against the previous year. In general, export price indicated moderate growth from 2012 to 2021: its price increased at an average annual rate of +4.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, industrial fatty alcohols export price increased by +60.2% against 2018 indices. The pace of growth was the most pronounced in 2019 an increase of 40%. Over the period under review, the average export prices reached the peak figure in 2021 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($X per ton), while the average price for exports to Norway ($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 Denmark (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Industrial Fatty Alcohols Imports

Imports into Sweden

In 2021, supplies from abroad of industrial fatty alcohols increased by 12% to X tons, rising for the second year in a row after two years of decline. Over the period under review, total imports indicated noticeable growth from 2012 to 2021: its volume increased at an average annual rate of +4.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +58.4% against 2019 indices. The pace of growth was the most pronounced in 2016 when imports increased by 54%. Imports peaked at X tons in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, industrial fatty alcohols imports skyrocketed to $X in 2021. Overall, total imports indicated moderate growth from 2012 to 2021: its value increased at an average annual rate of +2.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +71.6% against 2019 indices. The most prominent rate of growth was recorded in 2016 with an increase of 43%. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Germany (X tons) constituted the largest industrial fatty alcohols supplier to Sweden, with a 49% share of total imports. Moreover, industrial fatty alcohols imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold. The third position in this ranking was held by Belgium (X tons), with a 14% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany stood at +6.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-3.7% per year) and Belgium (+12.7% per year).

In value terms, Germany ($X) constituted the largest supplier of industrial fatty alcohols to Sweden, comprising 50% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 21% share of total imports. It was followed by Italy, with a 14% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at +2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-4.5% per year) and Italy (+37.7% per year).

Import Prices by Country

In 2021, the average industrial fatty alcohols import price amounted to $X per ton, picking up by 21% against the previous year. Over the period under review, the import price, however, continues to indicate a perceptible reduction. Over the period under review, average import prices attained the peak figure 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 Italy ($X per ton), while the price for Belgium ($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 Netherlands (-0.9%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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