Sweden: Propellant Powders Market 2025

Propellant Powders Market Size in Sweden

In 2021, after seven years of decline, there was significant growth in the Swedish propellant powders market, when its value increased by 13% to $X. Overall, consumption, however, continues to indicate a mild descent. As a result, consumption reached the peak level of $X. From 2014 to 2021, the growth of the market remained at a somewhat lower figure.

Propellant Powders Production in Sweden

In value terms, propellant powders production rose remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a perceptible slump. The pace of growth appeared the most rapid in 2013 with an increase of 40% against the previous year. Propellant powders production peaked at $X in 2014; however, from 2015 to 2021, production remained at a lower figure.

Propellant Powders Exports

Exports from Sweden

In 2019, exports of propellant powders from Sweden shrank modestly to X tons, with a decrease of -3.9% on the previous year's figure. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when exports increased by 148% against the previous year. As a result, the exports attained the peak of X tons. From 2015 to 2019, the growth of the exports remained at a somewhat lower figure.

In value terms, propellant powders exports reduced to $X in 2019. Overall, exports continue to indicate a mild downturn. The most prominent rate of growth was recorded in 2014 when exports increased by 33% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2019, the growth of the exports failed to regain momentum.

Exports by Country

The United States (X tons) was the main destination for propellant powders exports from Sweden, with a 56% share of total exports. Moreover, propellant powders exports to the United States exceeded the volume sent to the second major destination, Norway (X tons), fourfold. Germany (X tons) ranked third in terms of total exports with a 13% share.

From 2012 to 2019, the average annual growth rate of volume to the United States amounted to +4.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-1.2% per year) and Germany (+2.8% per year).

In value terms, the United States ($X) remains the key foreign market for propellant powders exports from Sweden, comprising 50% of total exports. The second position in the ranking was held by Norway ($X), with a 17% share of total exports. It was followed by Germany, with a 13% share.

From 2012 to 2019, the average annual growth rate of value to the United States stood at +8.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (+0.5% per year) and Germany (-1.4% per year).

Export Prices by Country

The average propellant powders export price stood at $X per ton in 2019, which is down by -2.6% against the previous year. Overall, the export price saw a slight slump. The most prominent rate of growth was recorded in 2016 an increase of 80%. The export price peaked at $X per ton in 2012; however, from 2013 to 2019, 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 France ($X per ton), while the average price for exports to Belgium ($X per ton) was amongst the lowest.

From 2012 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Propellant Powders Imports

Imports into Sweden

In 2019, the amount of propellant powders imported into Sweden fell markedly to X tons, with a decrease of -53.5% on 2018. In general, imports recorded a drastic downturn. The pace of growth appeared the most rapid in 2016 with an increase of 205% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2013; however, from 2014 to 2019, imports remained at a lower figure.

In value terms, propellant powders imports plummeted to $X in 2019. Overall, imports saw a deep slump. The pace of growth was the most pronounced in 2016 when imports increased by 254%. As a result, imports attained the peak of $X. From 2017 to 2019, the growth of imports remained at a somewhat lower figure.

Imports by Country

The United States (X tons), Finland (X tons) and Switzerland (X tons) were the main suppliers of propellant powders imports to Sweden, with a combined 86% share of total imports. Belgium and the Czech Republic lagged somewhat behind, together comprising a further 13%.

From 2012 to 2019, the biggest increases were recorded for the Czech Republic (with a CAGR of +34.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Finland ($X), the United States ($X) and Switzerland ($X) were the largest propellant powders suppliers to Sweden, together accounting for 87% of total imports. These countries were followed by Belgium and the Czech Republic, which together accounted for a further 12%.

Among the main suppliers, the Czech Republic, with a CAGR of +44.0%, 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

In 2019, the average propellant powders import price amounted to $X per ton, increasing by 15% against the previous year. Over the period from 2012 to 2019, it increased at an average annual rate of +6.2%. The most prominent rate of growth was recorded in 2014 an increase of 25%. The import price peaked in 2019 and is expected to retain growth in the immediate term.

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

From 2012 to 2019, the most notable rate of growth in terms of prices was attained by the Czech Republic (+7.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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