Sweden: Lead Market 2024

Lead Market Size in Sweden

The Swedish lead market contracted notably to $X in 2022, waning by -96.6% against the previous year. Overall, consumption faced a sharp curtailment. Over the period under review, the market hit record highs at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Lead Production in Sweden

In value terms, lead production fell to $X in 2022 estimated in export price. In general, production, however, continues to indicate a slight expansion. The pace of growth was the most pronounced in 2017 with an increase of 28%. As a result, production reached the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Lead Exports

Exports from Sweden

Lead exports from Sweden skyrocketed to X tons in 2022, increasing by 41% compared with 2021. Over the period under review, total exports indicated a prominent expansion from 2012 to 2022: its volume increased at an average annual rate of +7.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.0% against 2019 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, lead exports soared to $X in 2022. Overall, total exports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +6.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +35.7% against 2019 indices. The most prominent rate of growth was recorded in 2013 when exports increased by 48%. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Lithuania (X tons), Poland (X tons) and the Czech Republic (X tons) were the main destinations of lead exports from Sweden, together accounting for 72% 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 Lithuania (with a CAGR of +223.1%), while the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), the Czech Republic ($X) and Italy ($X) constituted the largest markets for lead exported from Sweden worldwide, together comprising 67% of total exports. Lithuania, Germany and Belgium lagged somewhat behind, together accounting for a further 32%.

Lithuania, with a CAGR of +210.1%, saw the highest growth rate of the value of exports, in terms of 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 lead export price stood at $X per ton in 2022, which is down by -14.5% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 an increase of 21%. As a result, the export price attained the peak level of $X per ton. From 2018 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Lithuania ($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 Luxembourg (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Lead Imports

Imports into Sweden

Lead imports into Sweden fell significantly to X tons in 2022, waning by -34.1% on 2021 figures. Over the period under review, imports, however, showed slight growth. The growth pace was the most rapid in 2021 when imports increased by 20,291% against the previous year. As a result, imports attained the peak of X tons, and then dropped dramatically in the following year.

In value terms, lead imports declined rapidly to $X in 2022. In general, imports, however, posted moderate growth. The pace of growth appeared the most rapid in 2021 when imports increased by 9,608%. As a result, imports attained the peak of $X, and then contracted rapidly in the following year.

Imports by Country

In 2022, the UK (X tons) was the main lead supplier to Sweden, accounting for a 92% share of total imports. Moreover, lead imports from the UK exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from the UK stood at +1.4%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+239.8% per year) and Germany (-1.2% per year).

In value terms, the UK ($X) constituted the largest supplier of lead to Sweden, comprising 90% of total imports. The second position in the ranking was taken by the Netherlands ($X), with an 8.6% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the UK totaled +2.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+261.8% per year) and Germany (-2.0% per year).

Import Prices by Country

In 2022, the average lead import price amounted to $X per ton, increasing by 2.7% against the previous year. In general, the import price showed modest growth. The most prominent rate of growth was recorded in 2019 an increase of 58% against the previous year. As a result, import price attained the peak level of $X per ton. From 2020 to 2022, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the UK ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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