Sweden: Market for Sulphides, Polysulphides, Dithionites And Sulphoxylates 2024

Market Size for Sulphides, Polysulphides, Dithionites And Sulphoxylates in Sweden

The Swedish sulphides, dithionites and sulphoxylates market surged to $X in 2022, picking up by 24% against the previous year. Over the period under review, consumption, however, continues to indicate a measured expansion. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Production of Sulphides, Polysulphides, Dithionites And Sulphoxylates in Sweden

In value terms, sulphides, dithionites and sulphoxylates production fell markedly to $X in 2022 estimated in export price. Overall, production showed a abrupt setback. The growth pace was the most rapid in 2019 when the production volume increased by 101%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Exports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Exports from Sweden

In 2022, exports of sulphides, polysulphides, dithionites and sulphoxylates from Sweden fell markedly to X tons, dropping by -15.2% on 2021 figures. Overall, exports recorded a perceptible setback. The pace of growth was the most pronounced in 2021 with an increase of 16%. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, sulphides, dithionites and sulphoxylates exports skyrocketed to $X in 2022. In general, exports continue to indicate a noticeable curtailment. The growth pace was the most rapid in 2021 when exports increased by 23% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

The United States (X tons) was the main destination for sulphides, dithionites and sulphoxylates exports from Sweden, with a 34% share of total exports. Moreover, sulphides, dithionites and sulphoxylates exports to the United States exceeded the volume sent to the second major destination, Japan (X tons), twofold. The third position in this ranking was held by South Korea (X tons), with a 12% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled -4.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Japan (+0.9% per year) and South Korea (+17.8% per year).

In value terms, the largest markets for sulphides, dithionites and sulphoxylates exported from Sweden were the United States ($X), Japan ($X) and South Korea ($X), with a combined 61% share of total exports.

South Korea, with a CAGR of +11.6%, saw the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average sulphides, dithionites and sulphoxylates export price stood at $X per ton in 2022, picking up by 44% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the 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 Thailand ($X per ton), while the average price for exports to Norway ($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 China (+2.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Sulphides, Polysulphides, Dithionites And Sulphoxylates

Imports into Sweden

For the fourth consecutive year, Sweden recorded growth in purchases abroad of sulphides, polysulphides, dithionites and sulphoxylates, which increased by 2.5% to X tons in 2022. Over the period under review, imports continue to indicate a prominent increase. The most prominent rate of growth was recorded in 2016 when imports increased by 58% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, sulphides, dithionites and sulphoxylates imports skyrocketed to $X in 2022. Overall, imports showed a strong expansion. The pace of growth was the most pronounced in 2016 with an increase of 59%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Belgium (X tons) was the main sulphides, dithionites and sulphoxylates supplier to Sweden, accounting for a 95% share of total imports. It was followed by Germany (X tons), with a 1.9% share of total imports.

From 2012 to 2022, the average annual growth rate of volume from Belgium stood at +21.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-14.3% per year) and Italy (+20.0% per year).

In value terms, Belgium ($X) constituted the largest supplier of sulphides, polysulphides, dithionites and sulphoxylates to Sweden, comprising 92% of total imports. The second position in the ranking was held by Germany ($X), with a 3.1% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium amounted to +25.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-7.5% per year) and Italy (+22.5% per year).

Import Prices by Country

The average sulphides, dithionites and sulphoxylates import price stood at $X per ton in 2022, rising by 41% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Italy ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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