Sweden: Other Agglomerates Market 2024

Other Agglomerates Market Size in Sweden

The Swedish other agglomerates market skyrocketed to $X in 2022, increasing by 28% against the previous year. Over the period under review, consumption, however, faced a abrupt downturn. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Other Agglomerates Production in Sweden

In value terms, other agglomerates production expanded slightly to $X in 2022 estimated in export price. In general, the total production indicated a mild expansion from 2012 to 2022: its value increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -1.8% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of 45%. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Other Agglomerates Exports

Exports from Sweden

In 2022, other agglomerates exports from Sweden surged to X tons, increasing by 16% compared with 2021. Overall, exports, however, continue to indicate a slight decrease. The most prominent rate of growth was recorded in 2021 with an increase of 60% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, other agglomerates exports skyrocketed to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 34% against the previous year. Over the period under review, the exports attained the maximum at $X in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

Exports by Country

Denmark (X tons) was the main destination for other agglomerates exports from Sweden, accounting for a 63% share of total exports. Moreover, other agglomerates exports to Denmark exceeded the volume sent to the second major destination, Germany (X tons), twofold. The third position in this ranking was held by Norway (X tons), with a 5.2% share.

From 2012 to 2022, the average annual growth rate of volume to Denmark stood at +6.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-5.4% per year) and Norway (-15.3% per year).

In value terms, the largest markets for other agglomerates exported from Sweden were Denmark ($X), Germany ($X) and Norway ($X), together accounting for 90% of total exports. These countries were followed by the UK, which accounted for a further 7%.

Among the main countries of destination, the UK, with a CAGR of +29.9%, saw 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 2022, the average other agglomerates export price amounted to $X per ton, growing by 10% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2013 an increase of 33%. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Denmark ($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 Germany (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Other Agglomerates Imports

Imports into Sweden

For the third consecutive year, Sweden recorded growth in purchases abroad of other agglomerates, which increased by 31% to X tons in 2022. Overall, imports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 106%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, other agglomerates imports skyrocketed to $X in 2022. In general, imports, however, recorded a abrupt downturn. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the UK (X tons) constituted the largest other agglomerates supplier to Sweden, accounting for a 75% share of total imports. Moreover, other agglomerates imports from the UK exceeded the figures recorded by the second-largest supplier, Germany (X tons), sevenfold. The third position in this ranking was taken by France (X tons), with a 6.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the UK totaled +3.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.1% per year) and France (+7.4% per year).

In value terms, the UK ($X) constituted the largest supplier of other agglomerates to Sweden, comprising 62% of total imports. The second position in the ranking was taken by Germany ($X), with a 14% share of total imports. It was followed by Norway, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the UK totaled +1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-15.7% per year) and Norway (-22.2% per year).

Import Prices by Country

The average other agglomerates import price stood at $X per ton in 2022, surging by 17% against the previous year. Over the period under review, the import price, however, saw a abrupt downturn. The growth pace was the most rapid in 2017 when the average import price increased by 43%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+12.4%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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