Sweden: Cement Pipe Market 2024

Cement Pipe Market Size in Sweden

After two years of growth, the Swedish cement pipe market decreased by -2.4% to $X in 2022. In general, consumption, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the market value increased by 8.2%. Over the period under review, the market reached the peak level at $X in 2021, and then contracted in the following year.

Cement Pipe Production in Sweden

In value terms, cement pipe production declined slightly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the production volume increased by 6.9%. Over the period under review, production reached the peak level at $X in 2021, and then shrank in the following year.

Cement Pipe Exports

Exports from Sweden

In 2022, after two years of decline, there was significant growth in overseas shipments of pipes and other articles of cement, when their volume increased by 41% to X tons. Over the period under review, exports, however, saw a perceptible setback. The pace of growth appeared the most rapid in 2015 with an increase of 50%. As a result, the exports reached the peak of X tons. From 2016 to 2022, the growth of the exports remained at a lower figure.

In value terms, cement pipe exports surged to $X in 2022. In general, exports, however, showed a abrupt curtailment. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Norway (X tons) was the main destination for cement pipe exports from Sweden, accounting for a 58% share of total exports. Moreover, cement pipe exports to Norway exceeded the volume sent to the second major destination, Denmark (X tons), twofold. The third position in this ranking was held by Finland (X tons), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Norway amounted to -8.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+15.3% per year) and Finland (+1.3% per year).

In value terms, Norway ($X), Denmark ($X) and Finland ($X) were the largest markets for cement pipe exported from Sweden worldwide, together comprising 76% of total exports. Iceland lagged somewhat behind, comprising a further 7.4%.

Among the main countries of destination, Iceland, with a CAGR of +35.8%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average cement pipe export price stood at $X per ton in 2022, declining by -8.7% against the previous year. In general, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 49% against the previous year. The export price peaked at $X per ton in 2021, and then declined in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Iceland ($X per ton), while the average price for exports to Norway ($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 Iceland (+2.7%), while the prices for the other major destinations experienced a decline.

Cement Pipe Imports

Imports into Sweden

In 2022, imports of pipes and other articles of cement into Sweden shrank to X tons, with a decrease of -6% compared with the previous year. Over the period under review, imports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of 29% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, cement pipe imports dropped to $X in 2022. In general, total imports indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -7.5% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 28% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Poland (X tons), Lithuania (X tons) and Germany (X tons) were the main suppliers of cement pipe imports to Sweden, with a combined 64% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Lithuania (with a CAGR of +35.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest cement pipe suppliers to Sweden were Germany ($X), Poland ($X) and the Netherlands ($X), with a combined 52% share of total imports. China, Vietnam, Spain, Lithuania, Denmark, Finland and Latvia lagged somewhat behind, together comprising a further 43%.

In terms of the main suppliers, Lithuania, with a CAGR of +29.8%, 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

The average cement pipe import price stood at $X per ton in 2022, remaining relatively unchanged against the previous year. Overall, the import price continues to indicate a prominent increase. The most prominent rate of growth was recorded in 2021 an increase of 63% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+20.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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