Sweden: Market for Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms 2024

Market Size for Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms in Sweden

The Swedish market for polyethylene terephthalate and other polyethylene terephthalate in primary forms expanded to $X in 2022, rising by 3.8% against the previous year. Over the period under review, consumption, however, showed a precipitous curtailment. Consumption of peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Production of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms in Sweden

In value terms, production of polyethylene terephthalate and other polyethylene terephthalate in primary forms expanded to $X in 2022 estimated in export price. Overall, production showed a remarkable increase. The growth pace was the most rapid in 2013 when the production volume increased by 64% against the previous year. Production of peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms

Exports from Sweden

In 2016, overseas shipments of polyethylene terephthalate and other polyethylene terephthalate in primary forms decreased by -13.7% to X tons, falling for the second year in a row after three years of growth. In general, exports, however, showed a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by 792% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2016, the growth of the exports of remained at a lower figure.

In value terms, exports of polyethylene terephthalate and other polyethylene terephthalate in primary forms contracted to $X in 2016. Over the period under review, exports, however, enjoyed a significant expansion. The growth pace was the most rapid in 2014 with an increase of 567%. As a result, the exports reached the peak of $X. From 2015 to 2016, the growth of the exports of failed to regain momentum.

Exports by Country

Lithuania (X tons), Denmark (X tons) and Finland (X tons) were the main destinations of exports of polyethylene terephthalate and other polyethylene terephthalate in primary forms from Sweden, together comprising 82% of total exports.

From 2012 to 2016, the biggest increases were recorded for Finland (with a CAGR of +196.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for polyethylene terephthalate and other polyethylene terephthalate in primary forms exported from Sweden were Lithuania ($X), Denmark ($X) and Finland ($X), together comprising 84% of total exports. The UK, the Netherlands, Germany and Norway lagged somewhat behind, together accounting for a further 14%.

Among the main countries of destination, the Netherlands, with a CAGR of +200.6%, saw the highest rates of growth with regard to 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 2016, the average export price for polyethylene terephthalate and other polyethylene terephthalate in primary forms amounted to $X per ton, rising by 7% against the previous year. Overall, the export price, however, saw a abrupt setback. The export price peaked at $X per ton in 2012; however, from 2013 to 2016, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+9.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polyethylene Terephthalate And Other Polyethylene Terephthalate In Primary Forms

Imports into Sweden

In 2016, imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms into Sweden shrank modestly to X tons, with a decrease of -1.6% against the previous year. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when imports increased by 2.2% against the previous year. Imports peaked at X tons in 2013; however, from 2014 to 2016, imports stood at a somewhat lower figure.

In value terms, imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms declined to $X in 2016. In general, imports faced a abrupt slump. The most prominent rate of growth was recorded in 2013 with an increase of 0.3%. As a result, imports reached the peak of $X. From 2014 to 2016, the growth of imports of remained at a somewhat lower figure.

Imports by Country

In 2016, Lithuania (X tons) constituted the largest supplier of polyethylene terephthalate and other polyethylene terephthalate in primary forms to Sweden, with a 54% share of total imports. Moreover, imports of polyethylene terephthalate and other polyethylene terephthalate in primary forms from Lithuania exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), threefold. The third position in this ranking was taken by Poland (X tons), with an 11% share.

From 2012 to 2016, the average annual growth rate of volume from Lithuania stood at +5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-7.6% per year) and Poland (-6.0% per year).

In value terms, Lithuania ($X) constituted the largest supplier of polyethylene terephthalate and other polyethylene terephthalate in primary forms to Sweden, comprising 56% of total imports. The second position in the ranking was held by the Netherlands ($X), with an 18% share of total imports. It was followed by the UK, with a 9.3% share.

From 2012 to 2016, the average annual growth rate of value from Lithuania stood at -6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-20.3% per year) and the UK (-7.9% per year).

Import Prices by Country

The average import price for polyethylene terephthalate and other polyethylene terephthalate in primary forms stood at $X per ton in 2016, falling by -5.5% against the previous year. In general, the import price continues to indicate a deep downturn. The most prominent rate of growth was recorded in 2013 when the average import price decreased by -0.8%. The import price peaked at $X per ton in 2012; however, from 2013 to 2016, 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 Taiwan (Chinese) ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (-7.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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