Sweden: Organo-Inorganic Compounds Market 2024

Organo-Inorganic Compounds Market Size in Sweden

The Swedish organo-inorganic compounds market was estimated at $X in 2021, surging by 5% against the previous year. In general, the total consumption indicated a slight expansion from 2012 to 2021: its value increased at an average annual rate of +1.7% 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 +5.5% against 2019 indices. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Organo-Inorganic Compounds Production in Sweden

In value terms, organo-inorganic compounds production shrank modestly to $X in 2021 estimated in export price. Over the period under review, production saw a temperate increase. The growth pace was the most rapid in 2017 with an increase of 112%. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2021, production stood at a somewhat lower figure.

Organo-Inorganic Compounds Exports

Exports from Sweden

In 2021, after two years of decline, there was significant growth in shipments abroad of organo-inorganic compounds (excluding organo-sulphur compounds), when their volume increased by 11% to X tons. Over the period under review, exports enjoyed resilient growth. The pace of growth appeared the most rapid in 2014 with an increase of 101% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, organo-inorganic compounds exports surged to $X in 2021. In general, exports enjoyed a strong expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 125%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Germany (X tons) was the main destination for organo-inorganic compounds exports from Sweden, accounting for a 44% share of total exports. Moreover, organo-inorganic compounds exports to Germany exceeded the volume sent to the second major destination, Finland (X tons), twofold. Norway (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2021, the average annual growth rate of volume to Germany stood at +66.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+17.7% per year) and Norway (-2.4% per year).

In value terms, Norway ($X), Germany ($X) and Finland ($X) were the largest markets for organo-inorganic compounds exported from Sweden worldwide, together accounting for 82% of total exports. Denmark, Spain, Italy and Poland lagged somewhat behind, together accounting for a further 14%.

Spain, with a CAGR of +97.2%, recorded 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

In 2021, the average organo-inorganic compounds export price amounted to $X per ton, increasing by 15% against the previous year. In general, the export price showed prominent growth. The pace of growth was the most pronounced in 2016 an increase of 104%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Spain ($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 Norway (+18.8%), while the prices for the other major destinations experienced more modest paces of growth.

Organo-Inorganic Compounds Imports

Imports into Sweden

In 2021, after two years of decline, there was significant growth in overseas purchases of organo-inorganic compounds (excluding organo-sulphur compounds), when their volume increased by 19% to X tons. Overall, imports showed a relatively flat trend pattern. Imports peaked at X tons in 2018; afterwards, it flattened through to 2021.

In value terms, organo-inorganic compounds imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a relatively flat trend pattern. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of organo-inorganic compounds to Sweden, accounting for a 52% share of total imports. Moreover, organo-inorganic compounds imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold. China (X tons) ranked third in terms of total imports with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany totaled -3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+16.0% per year) and China (+28.7% per year).

In value terms, the largest organo-inorganic compounds suppliers to Sweden were Germany ($X), the Netherlands ($X) and China ($X), together accounting for 86% of total imports.

Among the main suppliers, China, with a CAGR of +34.7%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average organo-inorganic compounds import price amounted to $X per ton, almost unchanged from the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 an increase of 14%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($X per ton), while the price for Italy ($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 Netherlands (+9.5%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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