Sweden - Argon - Market Analysis, Forecast, Size, Trends And Insights
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View PricingArgon Price in Sweden - 2023
Contents:
- Argon Price in Sweden (FOB) - 2022
- Argon Price in Sweden (CIF) - 2022
- Argon Exports in Sweden
- Argon Imports in Sweden
Argon Price in Sweden (FOB) - 2022
In 2022, the average argon export price amounted to $0.4 per cubic meter, rising by 10% against the previous year. Overall, the export price, however, showed a slight contraction. The most prominent rate of growth was recorded in 2014 when the average export price increased by 83%. As a result, the export price attained the peak level of $0.9 per cubic meter. From 2015 to 2022, the average export prices remained at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($0.7 per cubic meter), while the average price for exports to Iceland ($0.2 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+17.2%), while the prices for the other major destinations experienced mixed trend patterns.
Argon Price in Sweden (CIF) - 2022
In 2022, the average argon import price amounted to $0.5 per cubic meter, with a decrease of -8.4% against the previous year. Overall, the import price continues to indicate a slight decline. The most prominent rate of growth was recorded in 2017 when the average import price increased by 35% against the previous year. Over the period under review, average import prices hit record highs at $0.8 per cubic meter in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
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 ($1 per cubic meter), while the price for Norway ($0.4 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Argon Exports in Sweden
In 2022, argon exports from Sweden fell dramatically to 8M cubic meters, which is down by -22.4% on the previous year. The total export volume increased at an average annual rate of +1.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 41%. As a result, the exports attained the peak of 10M cubic meters, and then reduced notably in the following year.
In value terms, argon exports dropped to $3M in 2022. Over the period under review, exports showed a abrupt curtailment. The growth pace was the most rapid in 2021 when exports increased by 11% against the previous year. The exports peaked at $3.7M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
| Export of Argon in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 1,714 | 1,782 | 2,258 | 1,840 | 2.4% |
| Finland | 1,397 | 777 | 851 | 674 | -21.6% |
| Denmark | 201 | 601 | 350 | 457 | 31.5% |
| Iceland | 16.0 | 11.1 | 31.7 | 32.0 | 26.0% |
| Germany | 162 | 0.5 | 0.2 | N/A | -96.5% |
| Others | 174 | 10.1 | 43.0 | 20.5 | -51.0% |
| Total | 3,665 | 3,181 | 3,533 | 3,024 | -6.2% |
Top Export Markets for Argon from Sweden in 2022:
- Norway (4.2M cubic meters)
- Finland (3.0M cubic meters)
- Denmark (0.6M cubic meters)
- Iceland (0.2M cubic meters)
Argon Imports in Sweden
In 2022, supplies from abroad of argon was finally on the rise to reach 6.4M cubic meters after two years of decline. Over the period under review, imports, however, saw a deep downturn. Imports peaked at 7.8M cubic meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, argon imports fell to $3.2M in 2022. In general, imports, however, continue to indicate a pronounced slump. The pace of growth appeared the most rapid in 2021 with an increase of 4.9% against the previous year. Over the period under review, imports reached the maximum at $3.6M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Argon in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 1,028 | 1,813 | 1,612 | 1,575 | 15.3% |
| Norway | 1,052 | 904 | 919 | 900 | -5.1% |
| Denmark | 171 | 185 | 598 | 468 | 39.9% |
| Germany | 1,228 | 407 | 346 | 205 | -44.9% |
| Others | 125 | 6.4 | 4.4 | 60.2 | -21.6% |
| Total | 3,605 | 3,316 | 3,480 | 3,209 | -3.8% |
Top Suppliers of Argon to Sweden in 2022:
- Finland (3.5M cubic meters)
- Norway (2.1M cubic meters)
- Denmark (0.5M cubic meters)
- Germany (0.2M cubic meters)
This report provides an in-depth analysis of the argon market in Sweden. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 20111120 - Argon
Country coverage:
- Sweden
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sweden
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
-
3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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