Sweden: Sheet Piling Market 2024

Sheet Piling Market Size in Sweden

The Swedish sheet piling market was estimated at $X in 2021, picking up by 8.8% against the previous year. In general, the total consumption indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +7.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +83.4% against 2012 indices. Sheet piling consumption peaked in 2021 and is expected to retain growth in years to come.

Sheet Piling Production in Sweden

In value terms, sheet piling production surged to $X in 2021 estimated in export price. In general, the total production indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production increased by +66.4% against 2012 indices. As a result, production attained the peak level and is likely to continue growth in the immediate term.

Sheet Piling Exports

Exports from Sweden

Sheet piling exports from Sweden soared to X tons in 2021, with an increase of 54% on 2020. Overall, exports, however, recorded a abrupt slump. The growth pace was the most rapid in 2018 when exports increased by 111%. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, sheet piling exports skyrocketed to $X in 2021. Over the period under review, exports, however, faced a abrupt contraction. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X tons) was the main destination for sheet piling exports from Sweden, with a 52% share of total exports. Moreover, sheet piling exports to Norway exceeded the volume sent to the second major destination, Greece (X tons), fivefold. Russia (X tons) ranked third in terms of total exports with a 9.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Norway amounted to -18.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Greece (+38.4% per year) and Russia (+74.7% per year).

In value terms, the largest markets for sheet piling exported from Sweden were Norway ($X), Greece ($X) and the United States ($X), together accounting for 71% of total exports. These countries were followed by Russia, Japan, Singapore, the Netherlands and Finland, which together accounted for a further 21%.

Among the main countries of destination, Japan, with a CAGR of +78.0%, recorded 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

The average sheet piling export price stood at $X per ton in 2021, growing by 22% against the previous year. Overall, the export price, however, saw a perceptible downturn. The pace of growth was the most pronounced in 2016 an increase of 56%. As a result, the export price attained the peak level of $X per ton. From 2017 to 2021, the average export prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Greece (+10.8%), while the prices for the other major destinations experienced more modest paces of growth.

Sheet Piling Imports

Imports into Sweden

In 2021, overseas purchases of sheet piling, shapes and sections (of iron or steel) decreased by -21.3% to X tons, falling for the second year in a row after six years of growth. In general, imports, however, enjoyed strong growth. The most prominent rate of growth was recorded in 2014 with an increase of 31%. Imports peaked at X tons in 2019; however, from 2020 to 2021, imports stood at a somewhat lower figure.

In value terms, sheet piling imports rose sharply to $X in 2021. Overall, total imports indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +4.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2018 with an increase of 30%. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in the immediate term.

Imports by Country

Luxembourg (X tons), Denmark (X tons) and the Netherlands (X tons) were the main suppliers of sheet piling imports to Sweden, with a combined 78% share of total imports. Germany, Austria, Poland, Finland and the Czech Republic lagged somewhat behind, together comprising a further 20%.

From 2012 to 2021, the biggest increases were recorded for Austria (with a CAGR of +74.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest sheet piling suppliers to Sweden were Luxembourg ($X), Denmark ($X) and the Netherlands ($X), together accounting for 66% of total imports. Finland, Poland, Germany, Austria and the Czech Republic lagged somewhat behind, together accounting for a further 26%.

Austria, with a CAGR of +71.4%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average sheet piling import price stood at $X per ton in 2021, surging by 46% against the previous year. Overall, the import price, however, saw a mild setback. The import price peaked at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+9.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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