Sweden: Melamine Resins Market 2025

Melamine Resins Market Size in Sweden

In 2021, the Swedish melamine resins market increased by 17% to $X for the first time since 2018, thus ending a two-year declining trend. Overall, consumption saw a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Melamine Resins Production in Sweden

In value terms, melamine resins production expanded to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a slight decrease. The pace of growth appeared the most rapid in 2013 when the production volume increased by 78% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Melamine Resins Exports

Exports from Sweden

For the third consecutive year, Sweden recorded growth in shipments abroad of melamine resins in primary forms, which increased by 15% to X tons in 2021. In general, exports recorded a strong increase. The most prominent rate of growth was recorded in 2017 when exports increased by 95% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, melamine resins exports soared to $X in 2021. Over the period under review, exports enjoyed a prominent increase. The pace of growth was the most pronounced in 2017 with an increase of 61%. Over the period under review, the exports reached the peak figure in 2021 and are expected to retain growth in years to come.

Exports by Country

Austria (X tons), Germany (X tons) and the Czech Republic (X tons) were the main destinations of melamine resins exports from Sweden, together accounting for 43% of total exports. Spain, France, Belgium, the United States, Finland, Italy, Portugal, the Netherlands, Russia and the UK lagged somewhat behind, together accounting for a further 47%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +130.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for melamine resins exported from Sweden were Spain ($X), Germany ($X) and Austria ($X), together accounting for 34% of total exports. France, the Czech Republic, Belgium, the United States, Italy, Finland, the Netherlands, Portugal, the UK and Russia lagged somewhat behind, together accounting for a further 53%.

In terms of the main countries of destination, the Netherlands, with a CAGR of +140.1%, recorded the highest growth rate of 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 2021, the average melamine resins export price amounted to $X per ton, surging by 26% against the previous year. In general, the export price showed a relatively flat trend pattern. The export price peaked at $X per ton in 2013; afterwards, it flattened through to 2021.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Spain ($X per ton), while the average price for exports to Russia ($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 Belgium (+5.2%), while the prices for the other major destinations experienced more modest paces of growth.

Melamine Resins Imports

Imports into Sweden

In 2021, melamine resins imports into Sweden expanded markedly to X tons, picking up by 8.2% against the year before. In general, imports showed a prominent expansion. The most prominent rate of growth was recorded in 2015 with an increase of 54%. Over the period under review, imports hit record highs in 2021 and are likely to see gradual growth in the near future.

In value terms, melamine resins imports surged to $X in 2021. Over the period under review, imports posted a strong increase. The most prominent rate of growth was recorded in 2020 when imports increased by 57% against the previous year. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in the immediate term.

Imports by Country

In 2021, Norway (X tons) was the main supplier of melamine resins to Sweden, accounting for a 94% share of total imports. Moreover, melamine resins imports from Norway exceeded the figures recorded by the second-largest supplier, Germany (X tons), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume from Norway stood at +15.7%.

In value terms, Norway ($X) constituted the largest supplier of melamine resins in primary forms to Sweden, comprising 93% of total imports. The second position in the ranking was taken by Germany ($X), with a 5.9% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Norway amounted to +17.1%.

Import Prices by Country

In 2021, the average melamine resins import price amounted to $X per ton, with an increase of 29% against the previous year. In general, the import price showed a relatively flat trend pattern. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Norway stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+1.1%).

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :