Report Update: May 1, 2024

Sweden - Mixtures Of Odoriferous Substances And Their Preparations - Market Analysis, Forecast, Size, Trends and Insights

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Odoriferous Substance Mixture Price in Sweden - 2023

Odoriferous Substance Mixture Price in Sweden (CIF) - 2023

In August 2023, the average odoriferous substance mixture import price amounted to $22,348 per ton, with an increase of 26% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.1%. The growth pace was the most rapid in November 2022 when the average import price increased by 33% m-o-m. Over the period under review, average import prices reached the maximum at $27,241 per ton in March 2023; however, from April 2023 to August 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Ireland ($39,376 per ton), while the price for Italy ($5,552 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Odoriferous Substance Mixture Price in Sweden (FOB) - 2023

In August 2023, the average odoriferous substance mixture export price amounted to $5,358 per ton, which is down by -8.9% against the previous month. Overall, the export price recorded a pronounced reduction. The growth pace was the most rapid in September 2022 an increase of 64% against the previous month. As a result, the export price reached the peak level of $11,231 per ton. From October 2022 to August 2023, the the average export prices remained at a somewhat lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the Netherlands ($36,364 per ton), while the average price for exports to Norway ($2,620 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+1.7%), while the prices for the other major destinations experienced more modest paces of growth.

Odoriferous Substance Mixture Imports in Sweden

In 2022, supplies from abroad of mixtures of odoriferous substances and their preparations decreased by -2% to 9.8K tons, falling for the second consecutive year after two years of growth. In general, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2020 with an increase of 6%. As a result, imports attained the peak of 13K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, odoriferous substance mixture imports rose significantly to $212M in 2022. Overall, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.3% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in years to come.

Import of Odoriferous Substance Mixture in Sweden (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Ireland	60.6	87.3	105	121	25.9%
Netherlands	27.2	26.4	30.8	29.5	2.7%
Germany	20.5	18.3	18.9	26.2	8.5%
Denmark	10.1	10.6	12.0	13.2	9.3%
France	5.7	6.5	8.1	7.2	8.1%
United States	3.9	4.2	3.7	4.8	7.2%
Belgium	3.3	3.6	2.7	3.0	-3.1%
Others	8.5	6.8	7.2	7.3	-4.9%
Total	140	164	188	212	14.8%

Top Suppliers of Odoriferous Substance Mixture to Sweden in 2022:

Ireland (3.0K tons)
Netherlands (2.7K tons)
Germany (1.8K tons)
France (0.6K tons)
Denmark (0.5K tons)
United States (0.4K tons)
Belgium (0.3K tons)

Odoriferous Substance Mixture Exports in Sweden

In 2022, exports of mixtures of odoriferous substances and their preparations from Sweden dropped modestly to 3.7K tons, with a decrease of -2.6% on 2021. The total export volume increased at an average annual rate of +2.2% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 29%. As a result, the exports reached the peak of 3.8K tons, and then dropped in the following year.

In value terms, odoriferous substance mixture exports reached $21M in 2022. The total export value increased at an average annual rate of +7.8% over the period from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 17% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the immediate term.

Export of Odoriferous Substance Mixture in Sweden (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	3.1	3.2	6.2	8.3	38.9%
Denmark	1.7	2.1	3.7	3.4	26.0%
Norway	1.5	2.1	2.8	2.8	23.1%
Poland	0.7	1.3	1.6	1.3	22.9%
Finland	1.3	0.9	0.8	0.9	-11.5%
United Kingdom	4.3	4.1	0.6	0.3	-58.8%
Others	4.3	4.0	4.9	4.4	0.8%
Total	17.0	17.7	20.8	21.3	7.8%

Top Export Markets for Odoriferous Substance Mixture from Sweden in 2022:

Denmark (1407.4 tons)
Norway (1391.3 tons)
Netherlands (253.3 tons)
Poland (148.1 tons)
Finland (84.1 tons)
United Kingdom (27.8 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the odoriferous substance mixture 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 20531075 - Mixtures of odoriferous substances of a kind used in the food or drink industries
Prodcom 20531079 - Mixtures of odoriferous substances (excluding those of a kind used in the food or drink industries)

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
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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
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. 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
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023