Sweden: Other Chemical Products Market 2024

Other Chemical Products Market Size in Sweden

The Swedish other chemical products market totaled $X in 2022, stabilizing at the previous year. Over the period under review, consumption, however, continues to indicate a buoyant expansion. Over the period under review, the market attained the peak level at $X in 2020; afterwards, it flattened through to 2022.

Other Chemical Products Production in Sweden

In value terms, other chemical products production totaled $X in 2022 estimated in export price. Overall, production, however, continues to indicate a significant increase. The most prominent rate of growth was recorded in 2017 with an increase of 457% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Other Chemical Products Exports

Exports from Sweden

In 2016, overseas shipments of other chemical products decreased by -21.9% to X tons for the first time since 2013, thus ending a two-year rising trend. Overall, exports recorded a pronounced contraction. The growth pace was the most rapid in 2014 with an increase of 13%. The exports peaked at X tons in 2015, and then dropped markedly in the following year.

In value terms, other chemical products exports fell to $X in 2016. Over the period under review, exports continue to indicate a mild curtailment. The most prominent rate of growth was recorded in 2013 with an increase of 14% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2016, the growth of the exports remained at a lower figure.

Exports by Country

Finland (X tons), Norway (X tons) and the United States (X tons) were the main destinations of other chemical products exports from Sweden, together accounting for 43% of total exports. Germany, France, Italy, the UK, the Netherlands, Poland, Austria, Ukraine, Brazil and Spain lagged somewhat behind, together comprising a further 35%.

From 2012 to 2016, the biggest increases were recorded for Brazil (with a CAGR of +78.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Germany ($X) and France ($X) constituted the largest markets for other chemical products exported from Sweden worldwide, with a combined 30% share of total exports. Finland, the UK, Norway, Ukraine, the Netherlands, Poland, Spain, Italy, Brazil and Austria lagged somewhat behind, together comprising a further 38%.

In terms of the main countries of destination, Brazil, with a CAGR of +81.0%, 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 2016, the average other chemical products export price amounted to $X per ton, jumping by 17% against the previous year. In general, the export price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the average export price increased by 18%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2016, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2016, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Norway ($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 Spain (+12.9%), while the prices for the other major destinations experienced more modest paces of growth.

Other Chemical Products Imports

Imports into Sweden

In 2016, overseas purchases of other chemical products increased by 2.7% to X tons for the first time since 2013, thus ending a two-year declining trend. Overall, imports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2013 when imports increased by 66%. As a result, imports reached the peak of X tons. From 2014 to 2016, the growth of imports remained at a somewhat lower figure.

In value terms, other chemical products imports rose markedly to $X in 2016. The total import value increased at an average annual rate of +4.9% over the period from 2012 to 2016; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of 26% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2016, imports remained at a lower figure.

Imports by Country

Germany (X tons), the Netherlands (X tons) and Norway (X tons) were the main suppliers of other chemical products imports to Sweden, together comprising 56% of total imports. Ireland, Belgium, the United States, the UK, France, Denmark, Spain, Finland, Canada and Italy lagged somewhat behind, together comprising a further 39%.

From 2012 to 2016, the biggest increases were recorded for Ireland (with a CAGR of +235.4%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest other chemical products suppliers to Sweden were Ireland ($X), Germany ($X) and Belgium ($X), with a combined 50% share of total imports.

In terms of the main suppliers, Ireland, with a CAGR of +277.9%, 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

In 2016, the average other chemical products import price amounted to $X per ton, picking up by 9.2% against the previous year. In general, the import price posted prominent growth. The growth pace was the most rapid in 2015 when the average import price increased by 67% against the previous year. Over the period under review, average import prices reached the maximum in 2016 and is expected to retain growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2016, amid the top importers, the country with the highest price was Ireland ($X per ton), while the price for Canada ($X per ton) was amongst the lowest.

From 2012 to 2016, the most notable rate of growth in terms of prices was attained by Belgium (+28.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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