Sweden: Insecticide Market 2025

Insecticide Market Size in Sweden

The Swedish insecticide market rose sharply to $X in 2021, growing by 6% against the previous year. In general, consumption showed a remarkable increase. As a result, consumption attained the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Insecticide Production in Sweden

In value terms, insecticide production rose slightly to $X in 2021 estimated in export price. In general, production posted a strong expansion. The pace of growth was the most pronounced in 2017 with an increase of 66% against the previous year. Insecticide production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Insecticide Exports

Exports from Sweden

Insecticide exports from Sweden reached X tons in 2021, remaining constant against the previous year. Over the period under review, total exports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +7.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -0.2% against 2018 indices. The growth pace was the most rapid in 2018 with an increase of 30%. As a result, the exports reached the peak of X tons; afterwards, it flattened through to 2021.

In value terms, insecticide exports contracted to $X in 2021. Overall, total exports indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +6.8% 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 +74.4% against 2015 indices. The pace of growth was the most pronounced in 2020 with an increase of 28% against the previous year. As a result, the exports attained the peak of $X, and then shrank in the following year.

Exports by Country

Norway (X tons), Finland (X tons) and the UK (X tons) were the main destinations of insecticide exports from Sweden, together comprising 62% 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 Norway (with a CAGR of +24.6%), while the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) remains the key foreign market for insecticides exports from Sweden, comprising 33% of total exports. The second position in the ranking was taken by Finland ($X), with a 12% share of total exports. It was followed by the UK, with an 8.8% share.

From 2012 to 2021, the average annual growth rate of value to Norway totaled +25.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+18.2% per year) and the UK (-4.5% per year).

Export Prices by Country

The average insecticide export price stood at $X per ton in 2021, falling by -10.7% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 an increase of 22%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2020, and then reduced in the following year.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to the UK ($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 Canada (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.

Insecticide Imports

Imports into Sweden

In 2021, supplies from abroad of insecticides increased by 12% to X tons, rising for the fourth year in a row after three years of decline. In general, total imports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +6.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +76.1% against 2017 indices. The pace of growth was the most pronounced in 2013 when imports increased by 28% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the near future.

In value terms, insecticide imports dropped slightly to $X in 2021. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 23%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X tons), Denmark (X tons) and the Netherlands (X tons) were the main suppliers of insecticide imports to Sweden, together comprising 72% of total imports. France, Italy, the United States and the UK lagged somewhat behind, together comprising a further 21%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Italy (with a CAGR of +29.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest insecticide suppliers to Sweden were Denmark ($X), Germany ($X) and the Netherlands ($X), together comprising 65% of total imports. These countries were followed by the United States, France, Italy and the UK, which together accounted for a further 14%.

Italy, with a CAGR of +30.3%, recorded the highest growth rate of 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

The average insecticide import price stood at $X per ton in 2021, dropping by -12.1% against the previous year. In general, the import price saw a abrupt shrinkage. The growth pace was the most rapid in 2015 an increase of 28% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Italy ($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 (+2.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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