Sweden: Unsaturated Acyclic Hydrocarbons Market 2024

Unsaturated Acyclic Hydrocarbons Market Size in Sweden

The Swedish unsaturated acyclic hydrocarbons market expanded remarkably to $X in 2021, with an increase of 12% against the previous year. Overall, consumption, however, showed a perceptible reduction. Unsaturated acyclic hydrocarbons consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Unsaturated Acyclic Hydrocarbons Production in Sweden

In value terms, unsaturated acyclic hydrocarbons production rose significantly to $X in 2021 estimated in export price. Over the period under review, production, however, saw a noticeable reduction. The pace of growth was the most pronounced in 2019 with an increase of 59% against the previous year. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Unsaturated Acyclic Hydrocarbons Exports

Exports from Sweden

In 2021, approx. X tons of unsaturated acyclic hydrocarbons were exported from Sweden; rising by 26% against 2020. Over the period under review, exports saw resilient growth. The pace of growth was the most pronounced in 2017 when exports increased by 130% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, unsaturated acyclic hydrocarbons exports reached $X in 2021. Overall, exports, however, showed a noticeable decline. The pace of growth was the most pronounced in 2017 with an increase of 135% against the previous year. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Denmark (X tons) was the main destination for unsaturated acyclic hydrocarbons exports from Sweden, with a 64% share of total exports. Moreover, unsaturated acyclic hydrocarbons exports to Denmark exceeded the volume sent to the second major destination, Norway (X tons), threefold. Finland (X tons) ranked third in terms of total exports with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Denmark amounted to +26.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-4.0% per year) and Finland (+15.7% per year).

In value terms, the largest markets for unsaturated acyclic hydrocarbons exported from Sweden were Norway ($X), Denmark ($X) and Finland ($X), with a combined 96% share of total exports.

Denmark, with a CAGR of +35.6%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average unsaturated acyclic hydrocarbons export price stood at $X per ton in 2021, waning by -9.9% against the previous year. In general, the export price showed a abrupt contraction. The growth pace was the most rapid in 2020 an increase of 20% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per ton), while the average price for exports to Iceland ($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 Finland (+7.7%), while the prices for the other major destinations experienced more modest paces of growth.

Unsaturated Acyclic Hydrocarbons Imports

Imports into Sweden

For the fourth consecutive year, Sweden recorded growth in purchases abroad of unsaturated acyclic hydrocarbons, which increased by 31% to X tons in 2021. Over the period under review, imports posted a buoyant expansion. The most prominent rate of growth was recorded in 2019 with an increase of 142%. Over the period under review, imports attained the maximum in 2021 and are expected to retain growth in years to come.

In value terms, unsaturated acyclic hydrocarbons imports dropped to $X in 2021. In general, imports, however, saw a perceptible decline. The growth pace was the most rapid in 2018 with an increase of 51%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Belgium (X tons) constituted the largest supplier of unsaturated acyclic hydrocarbons to Sweden, accounting for a 74% share of total imports. Moreover, unsaturated acyclic hydrocarbons imports from Belgium exceeded the figures recorded by the second-largest supplier, Germany (X tons), fivefold. Finland (X tons) ranked third in terms of total imports with a 5.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Belgium stood at +199.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+5.7% per year) and Finland (+29.8% per year).

In value terms, the largest unsaturated acyclic hydrocarbons suppliers to Sweden were Germany ($X), Belgium ($X) and Denmark ($X), with a combined 94% share of total imports.

Belgium, with a CAGR of +181.0%, saw the highest growth rate of the value of imports, among 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 unsaturated acyclic hydrocarbons import price stood at $X per ton in 2021, reducing by -28.2% against the previous year. In general, the import price recorded a abrupt decrease. The most prominent rate of growth was recorded in 2014 an increase of 152%. As a result, import price attained the peak level of $X per ton. From 2015 to 2021, the average import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per ton), while the price for Belgium ($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 (-1.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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