Sweden: Graphite Non-Electrical Articles Market 2024

Graphite Non-Electrical Articles Market Size in Sweden

The Swedish graphite non-electrical articles market skyrocketed to $X in 2021, surging by 38% against the previous year. Over the period under review, the total consumption indicated a remarkable increase from 2012 to 2021: its value increased at an average annual rate of +8.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +76.7% against 2016 indices. Over the period under review, the market hit record highs in 2021 and is likely to see gradual growth in the near future.

Graphite Non-Electrical Articles Production in Sweden

In value terms, graphite non-electrical articles production soared to $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the production volume increased by 32% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Graphite Non-Electrical Articles Exports

Exports from Sweden

In 2021, the amount of non-electrical articles of graphite or other carbon exported from Sweden skyrocketed to X tons, with an increase of 15% on the previous year. Over the period under review, exports, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2015 when exports increased by 21%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, graphite non-electrical articles exports skyrocketed to $X in 2021. In general, exports, however, saw a abrupt decline. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Norway (X tons) was the main destination for graphite non-electrical articles exports from Sweden, with a 44% share of total exports. Moreover, graphite non-electrical articles exports to Norway exceeded the volume sent to the second major destination, China (X tons), fivefold. The United States (X tons) ranked third in terms of total exports with a 7.3% share.

From 2012 to 2021, the average annual growth rate of volume to Norway amounted to +4.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+6.6% per year) and the United States (+4.7% per year).

In value terms, the largest markets for graphite non-electrical articles exported from Sweden were Norway ($X), China ($X) and the United States ($X), together comprising 43% of total exports. Finland, Denmark, the Czech Republic, Germany, the UK, Italy, India, Malaysia, Iceland and Japan lagged somewhat behind, together comprising a further 38%.

Italy, with a CAGR of +37.5%, 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 graphite non-electrical articles export price stood at $X per ton in 2021, surging by 4.4% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by 15% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was India ($X per ton), while the average price for exports to Iceland ($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 India (+13.8%), while the prices for the other major destinations experienced more modest paces of growth.

Graphite Non-Electrical Articles Imports

Imports into Sweden

In 2021, purchases abroad of non-electrical articles of graphite or other carbon was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports, however, recorded a perceptible reduction. The pace of growth appeared the most rapid in 2014 with an increase of 69%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, graphite non-electrical articles imports soared to $X in 2021. Overall, total imports indicated a temperate increase from 2012 to 2021: its value increased at an average annual rate of +3.9% 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 +66.6% against 2016 indices. The most prominent rate of growth was recorded in 2014 when imports increased by 66% against the previous year. Imports peaked in 2021 and are likely to continue growth in the near future.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of graphite non-electrical articles to Sweden, with a 32% share of total imports. Moreover, graphite non-electrical articles imports from Germany exceeded the figures recorded by the second-largest supplier, the UK (X tons), twofold. Spain (X tons) ranked third in terms of total imports with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-9.1% per year) and Spain (+45.3% per year).

In value terms, the largest graphite non-electrical articles suppliers to Sweden were Germany ($X), Spain ($X) and the UK ($X), together accounting for 56% of total imports. The United States, Japan, France, Austria, China, Norway, Poland, Hungary, Denmark and Italy lagged somewhat behind, together accounting for a further 34%.

Poland, with a CAGR of +201.0%, 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 graphite non-electrical articles import price stood at $X per ton in 2021, increasing by 5.1% against the previous year. Overall, the import price continues to indicate a remarkable increase. The growth pace was the most rapid in 2019 an increase of 25%. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

Prices varied noticeably country of origin: the country with the highest price was Spain ($X per ton), while the price for Italy ($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 (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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