Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Sweden - 2023

Contents:

  1. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Sweden (FOB) - 2023
  2. Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Sweden (CIF) - 2022
  3. Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Sweden
  4. Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Sweden

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Sweden (FOB) - 2023

In November 2023, the average export price for adhesives; prepared, based on rubber or plastics (including artificial resins) amounted to $2,302 per ton, stabilizing at the previous month. Over the period under review, the export price, however, continues to indicate a mild decline. The growth pace was the most rapid in December 2022 when the average export price increased by 9.2% month-to-month. As a result, the export price attained the peak level of $2,841 per ton. From January 2023 to November 2023, the the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In November 2023, the country with the highest price was Finland ($3,542 per ton), while the average price for exports to Ukraine ($814 per ton) was amongst the lowest.

From November 2022 to November 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+0.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Sweden (CIF) - 2022

The average import price for adhesives; prepared, based on rubber or plastics (including artificial resins) stood at $4,417 per ton in 2022, picking up by 1.5% against the previous year. Overall, import price indicated noticeable growth from 2012 to 2022: its price increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for adhesives; prepared, based on rubber or plastics (including artificial resins) increased by +60.5% against 2015 indices. The growth pace was the most rapid in 2021 an increase of 39%. Over the period under review, average import prices attained the maximum in 2022 and is expected to retain 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 the UK ($8,926 per ton), while the price for the Czech Republic ($2,185 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+7.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Sweden

In 2022, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) from Sweden reduced to 39K tons, falling by -13.4% on the previous year. Overall, exports saw a pronounced reduction. The pace of growth was the most pronounced in 2021 when exports increased by 14% against the previous year. As a result, the exports reached the peak of 45K tons, and then declined in the following year.

In value terms, exports of adhesives; prepared, based on rubber or plastics (including artificial resins) reached $95M in 2022. The total export value increased at an average annual rate of +4.8% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 21% against the previous year. Over the period under review, the exports of reached the peak figure in 2022 and are expected to retain growth in years to come.

Export of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom8.67.78.211.18.9%
Norway9.98.09.710.52.0%
Finland7.17.58.510.112.5%
Poland7.57.28.18.54.3%
Germany8.05.67.77.7-1.3%
Netherlands6.66.06.06.70.5%
Austria6.56.37.56.60.5%
Denmark3.73.84.54.99.8%
France3.33.84.43.2-1.0%
Lithuania1.81.92.63.119.9%
Italy2.32.63.62.98.0%
Estonia1.21.31.82.934.2%
Belgium0.70.71.22.654.9%
Others15.012.517.113.7-3.0%
Total82.275.190.894.64.8%

Top Export Markets for Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) from Sweden in 2022:

  1. Poland (4.0K tons)
  2. United Kingdom (4.0K tons)
  3. Germany (3.7K tons)
  4. Norway (3.6K tons)
  5. Finland (3.0K tons)
  6. Netherlands (2.7K tons)
  7. Austria (2.6K tons)
  8. Lithuania (2.4K tons)
  9. Estonia (1.9K tons)
  10. Denmark (1.8K tons)
  11. Belgium (1.3K tons)
  12. France (1.2K tons)
  13. Italy (0.9K tons)

Imports of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Sweden

In 2022, supplies from abroad of adhesives; prepared, based on rubber or plastics (including artificial resins) decreased by -1.2% to 16K tons, falling for the second consecutive year after two years of growth. Over the period under review, imports continue to indicate a perceptible decline. The pace of growth was the most pronounced in 2020 when imports increased by 9.5%. As a result, imports attained the peak of 20K tons. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of adhesives; prepared, based on rubber or plastics (including artificial resins) totaled $69M in 2022. The total import value increased at an average annual rate of +2.3% from 2019 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 11% against the previous year. Over the period under review, imports of attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Import of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany27.730.326.629.11.7%
Belgium16.514.623.821.38.9%
Denmark1.72.13.15.144.2%
France1.81.42.42.38.5%
United Kingdom4.74.63.62.1-23.6%
Finland1.91.62.21.8-1.8%
Netherlands0.91.01.41.518.6%
Czech Republic1.71.41.51.2-11.0%
China0.80.90.80.94.0%
Others6.94.63.94.0-16.6%
Total64.762.669.269.42.4%

Top Suppliers of Adhesives; Prepared, Based On Rubber or Plastics (Including Artificial Resins) to Sweden in 2022:

  1. Germany (7.0K tons)
  2. Belgium (3.6K tons)
  3. Denmark (1.8K tons)
  4. Finland (0.7K tons)
  5. Netherlands (0.5K tons)
  6. Czech Republic (0.5K tons)
  7. France (0.4K tons)
  8. China (0.3K tons)
  9. United Kingdom (0.2K tons)

Source: IndexBox Market Intelligence Platform

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