Sweden: Oxygen-Function Amino-Compound Market 2024

Oxygen-Function Amino-Compound Market Size in Sweden

The Swedish oxygen-function amino-compound market skyrocketed to $X in 2021, increasing by 57% against the previous year. Overall, the total consumption indicated resilient growth from 2012 to 2021: its value increased at an average annual rate of +7.2% 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 +114.2% against 2017 indices. Oxygen-function amino-compound consumption peaked in 2021 and is expected to retain growth in the near future.

Oxygen-Function Amino-Compound Production in Sweden

In value terms, oxygen-function amino-compound production expanded slightly to $X in 2021 estimated in export price. In general, production continues to indicate a abrupt setback. The pace of growth appeared the most rapid in 2015 with an increase of 41%. As a result, production reached the peak level of $X. From 2016 to 2021, production growth remained at a somewhat lower figure.

Oxygen-Function Amino-Compound Exports

Exports from Sweden

Oxygen-function amino-compound exports from Sweden contracted to X tons in 2021, falling by -14.1% against 2020 figures. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by 11% against the previous year. The exports peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, oxygen-function amino-compound exports rose remarkably to $X in 2021. Overall, exports recorded a perceptible decline. The most prominent rate of growth was recorded in 2014 with an increase of 20% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X tons), Italy (X tons) and Norway (X tons) were the main destinations of oxygen-function amino-compound exports from Sweden, with a combined 36% share of total exports. The Netherlands, Poland, Turkey, Finland, Spain, China, Germany, Greece, the Czech Republic and South Korea lagged somewhat behind, together comprising a further 46%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Greece (with a CAGR of +266.2%), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) remains the key foreign market for oxygen-function amino-compounds exports from Sweden, comprising 37% of total exports. The second position in the ranking was taken by Italy ($X), with a 9.8% share of total exports. It was followed by the United States, with a 9.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China totaled -2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+3.4% per year) and the United States (+21.6% per year).

Export Prices by Country

In 2021, the average oxygen-function amino-compound export price amounted to $X per ton, growing by 29% against the previous year. Overall, the export price, however, showed a perceptible decline. The export price peaked at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to the Czech Republic ($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 (+6.7%), while the prices for the other major destinations experienced more modest paces of growth.

Oxygen-Function Amino-Compound Imports

Imports into Sweden

In 2021, approx. X tons of oxygen-function amino-compounds were imported into Sweden; which is down by -5.6% against the year before. Overall, imports recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 20% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, oxygen-function amino-compound imports surged to $X in 2021. The total import value increased at an average annual rate of +1.6% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tons), Germany (X tons) and Denmark (X tons) were the main suppliers of oxygen-function amino-compound imports to Sweden, together accounting for 66% of total imports. China, the Czech Republic, Belgium, Norway, France, the United States and the UK lagged somewhat behind, together comprising a further 31%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of +84.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Norway ($X) were the largest oxygen-function amino-compound suppliers to Sweden, together comprising 53% of total imports. The Netherlands, Denmark, Belgium, France, the United States, the Czech Republic and the UK lagged somewhat behind, together comprising a further 32%.

Among the main suppliers, the Czech Republic, with a CAGR of +81.0%, recorded the highest rates of growth with regard to 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

The average oxygen-function amino-compound import price stood at $X per ton in 2021, rising by 23% against the previous year. Over the last nine-year period, it increased at an average annual rate of +5.9%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Norway ($X per ton), while the price for the Czech Republic ($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 UK (+20.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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