Sweden: Pyrites Market 2024

Pyrites Market Size in Sweden

The Swedish pyrites market surged to $X in 2022, with an increase of 19% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a relatively flat trend pattern. Over the period under review, the market reached the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Pyrites Exports

Exports from Sweden

In 2022, shipments abroad of pyrites decreased by -90.7% to X tons, falling for the second year in a row after two years of growth. In general, exports faced a deep downturn. The growth pace was the most rapid in 2019 with an increase of 2,625,100% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, pyrites exports reduced dramatically to $X in 2022. Overall, exports saw a abrupt curtailment. The pace of growth was the most pronounced in 2019 with an increase of 1,273,800%. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

Exports by Country

Finland (X tons) was the main destination for pyrites exports from Sweden, accounting for a 76% share of total exports. Moreover, pyrites exports to Finland exceeded the volume sent to the second major destination, Norway (X kg), fivefold. China (X kg) ranked third in terms of total exports with a 9.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Finland was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-98.7% per year) and China (-16.1% per year).

In value terms, China ($X) emerged as the key foreign market for pyrites exports from Sweden, comprising 54% of total exports. The second position in the ranking was taken by Finland ($X), with a 26% share of total exports. It was followed by Norway, with a 20% share.

From 2012 to 2022, the average annual rate of growth in terms of value to China amounted to +19.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (0.0% per year) and Norway (-89.7% per year).

Export Prices by Country

In 2022, the average pyrites export price amounted to $X per ton, rising by 448% against the previous year. Overall, the export price saw a strong expansion. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Finland ($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 Norway (+694.1%), while the prices for the other major destinations experienced more modest paces of growth.

Pyrites Imports

Imports into Sweden

In 2022, supplies from abroad of pyrites increased by 7.2% to X tons, rising for the sixth consecutive year after three years of decline. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 137%. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, pyrites imports surged to $X in 2022. Overall, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 with an increase of 56%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Finland (X tons) constituted the largest supplier of pyrites to Sweden, accounting for a 68% share of total imports. Moreover, pyrites imports from Finland exceeded the figures recorded by the second-largest supplier, Italy (X tons), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Finland amounted to +3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-8.1% per year) and Poland (+11.2% per year).

In value terms, Italy ($X) constituted the largest supplier of pyrites to Sweden, comprising 50% of total imports. The second position in the ranking was held by Poland ($X), with a 25% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Italy totaled -3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+11.7% per year) and Finland (-6.5% per year).

Import Prices by Country

The average pyrites import price stood at $X per ton in 2022, picking up by 9.9% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average import price increased by 35%. Over the period under review, average import prices reached the maximum at $X per ton in 2020; however, from 2021 to 2022, 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 Italy ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+4.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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