Sweden: Trichloroethylene And Tetrachloroethylene Market 2024

Trichloroethylene And Tetrachloroethylene Market Size in Sweden

The Swedish trichloroethylene and tetrachloroethylene market shrank dramatically to $X in 2021, waning by -25.5% 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 showed a drastic downturn. Trichloroethylene and tetrachloroethylene consumption peaked at $X in 2016; however, from 2017 to 2021, consumption remained at a lower figure.

Trichloroethylene And Tetrachloroethylene Exports

Exports from Sweden

In 2021, overseas shipments of trichloroethylene and tetrachloroethylene (perchloroethylene) decreased by -15.8% to X tons, falling for the eighth consecutive year after two years of growth. In general, exports recorded a significant decline. The most prominent rate of growth was recorded in 2013 with an increase of 3.8% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2021, the growth of the exports remained at a lower figure.

In value terms, trichloroethylene and tetrachloroethylene exports reduced to $X in 2021. Over the period under review, exports recorded a abrupt descent. The most prominent rate of growth was recorded in 2013 when exports increased by 21%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Denmark (X tons) was the main destination for trichloroethylene and tetrachloroethylene exports from Sweden, with a 51% share of total exports. Moreover, trichloroethylene and tetrachloroethylene exports to Denmark exceeded the volume sent to the second major destination, Finland (X kg), threefold. The third position in this ranking was held by Norway (X kg), with a 19% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Denmark amounted to -20.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-8.0% per year) and Norway (-30.5% per year).

In value terms, Denmark ($X) emerged as the key foreign market for trichloroethylene and tetrachloroethylene (perchloroethylene) exports from Sweden, comprising 50% of total exports. The second position in the ranking was taken by Finland ($X), with a 23% share of total exports. It was followed by Norway, with a 16% share.

From 2012 to 2021, the average annual growth rate of value to Denmark totaled -17.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-0.5% per year) and Norway (-25.1% per year).

Export Prices by Country

In 2021, the average trichloroethylene and tetrachloroethylene export price amounted to $X per ton, increasing by 6.4% against the previous year. Overall, export price indicated buoyant growth from 2012 to 2021: its price increased at an average annual rate of +6.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, trichloroethylene and tetrachloroethylene export price decreased by -22.5% against 2015 indices. The pace of growth appeared the most rapid in 2015 an increase of 68% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2016 to 2021, the average export prices remained at a lower figure.

Average prices varied somewhat for the major external markets. In 2021, amid the top suppliers, the countries with the highest prices were Finland ($X per ton) and Denmark ($X per ton), while the average price for exports to Norway ($X per ton) and the UK ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+8.2%), while the prices for the other major destinations experienced more modest paces of growth.

Trichloroethylene And Tetrachloroethylene Imports

Imports into Sweden

Trichloroethylene and tetrachloroethylene imports into Sweden reduced dramatically to X tons in 2021, with a decrease of -18.1% against 2020 figures. In general, imports continue to indicate a deep setback. The pace of growth appeared the most rapid in 2015 when imports increased by 24% against the previous year. Imports peaked at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, trichloroethylene and tetrachloroethylene imports fell markedly to $X in 2021. Over the period under review, imports continue to indicate a deep contraction. The pace of growth was the most pronounced in 2014 when imports increased by 17%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, France (X tons) constituted the largest supplier of trichloroethylene and tetrachloroethylene to Sweden, with a 76% share of total imports. Moreover, trichloroethylene and tetrachloroethylene imports from France exceeded the figures recorded by the second-largest supplier, the UK (X tons), fivefold. Belgium (X tons) ranked third in terms of total imports with a 4.8% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from France stood at +70.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+48.1% per year) and Belgium (-29.1% per year).

In value terms, France ($X) constituted the largest supplier of trichloroethylene and tetrachloroethylene (perchloroethylene) to Sweden, comprising 64% of total imports. The second position in the ranking was taken by the UK ($X), with a 22% share of total imports. It was followed by Belgium, with a 6.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from France totaled +57.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+54.5% per year) and Belgium (-26.8% per year).

Import Prices by Country

The average trichloroethylene and tetrachloroethylene import price stood at $X per ton in 2021, with a decrease of -13% against the previous year. Overall, the import price showed a perceptible shrinkage. The pace of growth was the most pronounced in 2020 an increase of 22% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, 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 Germany ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+4.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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