Sweden - Baking Soda - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBaking Soda Price in Sweden - 2023
Contents:
- Baking Soda Price in Sweden (FOB) - 2022
- Baking Soda Price in Sweden (CIF) - 2022
- Baking Soda Exports in Sweden
- Baking Soda Imports in Sweden
Baking Soda Price in Sweden (FOB) - 2022
The average baking soda export price stood at $1,750 per ton in 2022, falling by -24.8% against the previous year. Over the period under review, the export price recorded a pronounced setback. The pace of growth appeared the most rapid in 2019 an increase of 28% against the previous year. The export price peaked at $2,327 per ton in 2021, and then reduced notably in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Switzerland ($5,282 per ton), while the average price for exports to Spain ($964 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 Switzerland (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.
Baking Soda Price in Sweden (CIF) - 2022
The average baking soda import price stood at $574 per ton in 2022, rising by 31% against the previous year. Over the last decade, it increased at an average annual rate of +1.4%. 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 France ($3,846 per ton), while the price for Russia ($242 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+21.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Baking Soda Exports in Sweden
In 2022, overseas shipments of baking soda were finally on the rise to reach 9.1K tons after two years of decline. Over the period under review, exports, however, faced a sharp setback.
In value terms, baking soda exports dropped to $16M in 2022. Overall, exports, however, recorded a significant decrease. The pace of growth appeared the most rapid in 2020 when exports increased by 15%. As a result, the exports attained the peak of $40M. From 2021 to 2022, the growth of the exports failed to regain momentum.
| Export of Baking Soda in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 0.7 | 0.6 | 0.5 | 5.7 | 101.2% |
| Norway | 0.4 | 0.4 | 0.8 | 5.3 | 136.6% |
| Switzerland | N/A | N/A | N/A | 3.5 | 0% |
| Finland | 0.1 | 0.1 | 0.1 | 0.9 | 108.0% |
| Germany | 2.4 | 1.0 | 0.4 | 0.1 | -65.3% |
| Belgium | 2.8 | 1.6 | 0.5 | 0.1 | -67.1% |
| South Korea | 3.4 | 8.5 | 5.6 | N/A | 28.3% |
| United States | 2.5 | 4.4 | 0.4 | N/A | -60.0% |
| France | 1.4 | 0.7 | N/A | N/A | -50.0% |
| Poland | 1.2 | 0.7 | 0.1 | N/A | -71.1% |
| Taiwan (Chinese) | 2.2 | 1.5 | 1.2 | N/A | -26.1% |
| Italy | 3.9 | 2.4 | N/A | N/A | -38.5% |
| Canada | 2.0 | 3.9 | 3.8 | N/A | 37.8% |
| Others | 11.9 | 14.5 | 4.0 | 0.4 | -67.7% |
| Total | 35.0 | 40.4 | 17.3 | 15.8 | -23.3% |
Top Export Markets for Baking Soda from Sweden in 2022:
- Norway (4616.9 tons)
- Denmark (3087.7 tons)
- Switzerland (661.7 tons)
- Finland (454.5 tons)
- Germany (48.0 tons)
- Belgium (45.6 tons)
- Poland (8.9 tons)
- United States (4.1 tons)
- Canada (0.4 tons)
Baking Soda Imports in Sweden
Baking soda imports into Sweden reduced rapidly to 12K tons in 2022, waning by -35% compared with 2021. Over the period under review, imports recorded a significant curtailment. The smallest decline of -7.4% was in 2020.
In value terms, baking soda imports contracted sharply to $7.1M in 2022. In general, imports faced a abrupt decrease. The smallest decline of -7.3% was in 2020.
| Import of Baking Soda in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 93.5 | 807 | 357 | 1,597 | 157.5% |
| Belgium | 2,928 | 1,924 | 2,240 | 1,225 | -25.2% |
| Poland | 701 | 590 | 555 | 902 | 8.8% |
| Germany | 1,153 | 479 | 631 | 858 | -9.4% |
| Italy | 1.8 | 322 | 816 | 804 | 664.4% |
| United Kingdom | 5,512 | 5,437 | 988 | 573 | -53.0% |
| Denmark | 407 | 504 | 491 | 550 | 10.6% |
| Bulgaria | 245 | 122 | 23.4 | 129 | -19.3% |
| Finland | 992 | 1,313 | 1,093 | 107 | -52.4% |
| Russia | 587 | 79.2 | 645 | 105 | -43.7% |
| Others | 216 | 326 | 509 | 242 | 3.9% |
| Total | 12,837 | 11,903 | 8,348 | 7,091 | -17.9% |
Top Suppliers of Baking Soda to Sweden in 2022:
- Belgium (2.8K tons)
- Turkey (2.6K tons)
- Poland (1.7K tons)
- Italy (1.3K tons)
- Germany (1.0K tons)
- United Kingdom (0.8K tons)
- Denmark (0.6K tons)
- Bulgaria (0.5K tons)
- Finland (0.4K tons)
- Russia (0.4K tons)
This report provides an in-depth analysis of the baking soda 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 20134320 - Sodium hydrogencarbonate (sodium bicarbonate)
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.
-
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
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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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