Sweden - Iron Or Steel Wool - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMetal Wool Price in Sweden - 2023
Contents:
- Metal Wool Price in Sweden (FOB) - 2022
- Metal Wool Price in Sweden (CIF) - 2022
- Metal Wool Exports in Sweden
- Metal Wool Imports in Sweden
Metal Wool Price in Sweden (FOB) - 2022
In 2022, the average metal wool export price amounted to $5,998 per ton, dropping by -21.4% against the previous year. Overall, the export price recorded a perceptible descent. The growth pace was the most rapid in 2017 when the average export price increased by 46% against the previous year. Over the period under review, the average export prices reached the maximum at $9,654 per ton in 2020; however, from 2021 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 Norway ($11,955 per ton), while the average price for exports to South Korea ($5,281 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 Finland (+4.8%), while the prices for the other major destinations experienced a decline.
Metal Wool Price in Sweden (CIF) - 2022
In 2022, the average metal wool import price amounted to $5,649 per ton, declining by -16.3% against the previous year. In general, the import price saw a mild shrinkage. The growth pace was the most rapid in 2021 an increase of 16%. As a result, import price reached the peak level of $6,748 per ton, and then declined remarkably in the following year.
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 Norway ($12,660 per ton), while the price for Portugal ($2,531 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Metal Wool Exports in Sweden
In 2022, approx. 424 tons of iron or steel wool were exported from Sweden; growing by 128% against 2021. Overall, exports posted a significant expansion. The growth pace was the most rapid in 2021 when exports increased by 131%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.
In value terms, metal wool exports soared to $2.5M in 2022. Over the period under review, exports continue to indicate a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 83%. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the near future.
Export of Metal Wool in Sweden (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
South Korea | 21.5 | 24.1 | 622 | 1,869 | 343.0% |
Norway | 460 | 479 | 480 | 418 | -3.1% |
Finland | 144 | 176 | 176 | 165 | 4.6% |
Denmark | 51.1 | 42.2 | 68.6 | 41.5 | -6.7% |
Others | 104 | 54.8 | 73.5 | 50.0 | -21.7% |
Total | 780 | 777 | 1,420 | 2,544 | 48.3% |
Top Export Markets for Metal Wool from Sweden in 2022:
- South Korea (354.0 tons)
- Norway (35.0 tons)
- Finland (22.0 tons)
- Denmark (6.0 tons)
Metal Wool Imports in Sweden
In 2022, after two years of decline, there was significant growth in overseas purchases of iron or steel wool, when their volume increased by 93% to 326 tons. Overall, imports continue to indicate strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, metal wool imports surged to $1.8M in 2022. In general, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.
Import of Metal Wool in Sweden (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 369 | 475 | 537 | 835 | 31.3% |
Germany | 80.9 | 152 | 106 | 525 | 86.5% |
Ireland | 273 | 275 | 244 | 239 | -4.3% |
Norway | 71.0 | 107 | 79.5 | 64.0 | -3.4% |
Denmark | 357 | 51.2 | 49.2 | 32.4 | -55.1% |
Portugal | N/A | N/A | N/A | 12.7 | 0% |
Others | 81.9 | 164 | 124 | 136 | 18.4% |
Total | 1,232 | 1,225 | 1,140 | 1,844 | 14.4% |
Top Suppliers of Metal Wool to Sweden in 2022:
- China (126.2 tons)
- Germany (125.0 tons)
- Ireland (45.0 tons)
- Norway (5.1 tons)
- Portugal (5.0 tons)
- Denmark (5.0 tons)
This report provides an in-depth analysis of the metal wool 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 25991280 - Iron or steel wool, pot scourers and scouring or polishing pads, and gloves and the like
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
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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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