Sweden: Steatite Market 2021

Steatite Market Size in Sweden

The Swedish steatite market rose sharply to $X in 2019, with an increase of X% 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). Overall, consumption, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2016 with an increase of X% year-to-year. Steatite consumption peaked at $X in 2007; however, from 2008 to 2019, consumption failed to regain the momentum.

Steatite Exports

Exports from Sweden

After three years of growth, overseas shipments of steatites decreased by -X% to X tons in 2019. Overall, exports showed a deep setback. The pace of growth appeared the most rapid in 2018 when exports increased by X% against the previous year. Exports peaked at X tons in 2008; however, from 2009 to 2019, exports failed to regain the momentum.

In value terms, steatite exports reduced to $X in 2019. Over the period under review, exports showed a deep reduction. The most prominent rate of growth was recorded in 2018 when exports increased by X% y-o-y. Over the period under review, exports attained the maximum at $X in 2007; however, from 2008 to 2019, exports stood at a somewhat lower figure.

Exports by Country

Norway (X tons) was the main destination for steatite exports from Sweden, with a X% share of total exports. Moreover, steatite exports to Norway exceeded the volume sent to the second major destination, Denmark (X tons), threefold.

From 2007 to 2019, the average annual rate of growth in terms of volume to Norway totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+X% per year) and France (+X% per year).

In value terms, the largest markets for steatite exported from Sweden were Norway ($X), Denmark ($X) and France ($X), together accounting for X% of total exports.

Among the main countries of destination, France 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 a decline.

Export Prices by Country

The average steatite export price stood at $X per ton in 2019, picking up by X% against the previous year. In general, the export price, however, continues to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. Over the period under review, average export prices hit record highs at $X per ton in 2007; however, from 2008 to 2019, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2019, the country with the highest price was Denmark ($X per ton), while the average price for exports to Norway ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Norway, while the prices for the other major destinations experienced a decline.

Steatite Imports

Imports into Sweden

In 2019, imports of steatites into Sweden totaled X tons, growing by X% against the previous year. Overall, imports, however, saw a deep downturn. The growth pace was the most rapid in 2016 when imports increased by X% year-to-year. Imports peaked at X tons in 2007; however, from 2008 to 2019, imports failed to regain the momentum.

In value terms, steatite imports totaled $X in 2019. Over the period under review, imports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Imports peaked at $X in 2007; however, from 2008 to 2019, imports remained at a lower figure.

Imports by Country

In 2019, Finland (X tons) constituted the largest steatite supplier to Sweden, with a X% share of total imports. Moreover, steatite imports from Finland exceeded the figures recorded by the second-largest supplier, China (X tons), fourfold. The third position in this ranking was occupied by the Netherlands (X tons), with a X% share.

From 2007 to 2019, the average annual growth rate of volume from Finland amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and the Netherlands (+X% per year).

In value terms, Finland ($X) constituted the largest supplier of steatite to Sweden, comprising X% of total imports. The second position in the ranking was occupied by the Netherlands ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2019, the average annual growth rate of value from Finland totaled -X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+X% per year) and China (+X% per year).

Import Prices by Country

In 2019, the average steatite import price amounted to $X per ton, with a decrease of -X% against the previous year. Over the period from 2007 to 2019, it increased at an average annual rate of +X%. The most prominent rate of growth was recorded in 2013 when the average import price increased by X% y-o-y. As a result, import price attained the peak level of $X per ton. From 2014 to 2019, the growth in terms of the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2019, the country with the highest price was Italy ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Finland, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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