Price for Mineral Substances Not Elsewhere Specified or Included in Sweden - 2023
Contents:
- Price for Mineral Substances Not Elsewhere Specified or Included in Sweden (CIF) - 2022
- Price for Mineral Substances Not Elsewhere Specified or Included in Sweden (FOB) - 2023
- Imports of Mineral Substances Not Elsewhere Specified or Included in Sweden
- Exports of Mineral Substances Not Elsewhere Specified or Included in Sweden
Price for Mineral Substances Not Elsewhere Specified or Included in Sweden (CIF) - 2022
The average import price for mineral substances not elsewhere specified or includeds stood at $478 per ton in 2022, which is down by -20.6% against the previous year. In general, the import price, however, posted a significant expansion. The growth pace was the most rapid in 2016 an increase of 313% against the previous year. The import price peaked at $602 per ton in 2021, and then shrank remarkably in the following year.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the Netherlands ($1,028 per ton), while the price for Norway ($67 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+7.8%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Mineral Substances Not Elsewhere Specified or Included in Sweden (FOB) - 2023
The average export price for mineral substances not elsewhere specified or includeds stood at $467 per ton in October 2023, growing by 101% against the previous month. Over the period under review, the export price saw a resilient increase. The pace of growth was the most pronounced in August 2023 an increase of 196% against the previous month. Over the period under review, the average export prices reached the peak figure in October 2023.
Average prices varied somewhat for the major overseas markets. In October 2023, the country with the highest price was Norway ($432 per ton), while the average price for exports to the UK amounted to $290 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.
Imports of Mineral Substances Not Elsewhere Specified or Included in Sweden
In 2022, purchases abroad of mineral substances not elsewhere specified or includeds was finally on the rise to reach 21K tons for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +9.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, imports of mineral substances not elsewhere specified or includeds rose remarkably to $10M in 2022. The total import value increased at an average annual rate of +5.7% from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 9.8%. Imports peaked in 2022 and are expected to retain growth in years to come.
| Import of Mineral Substances Not Elsewhere Specified or Included in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 4,727 | 5,401 | 5,857 | 5,527 | 5.4% |
| Brazil | 667 | 480 | 635 | 1,073 | 17.2% |
| Finland | 491 | 345 | 602 | 1,000 | 26.8% |
| Denmark | 263 | 216 | 274 | 419 | 16.8% |
| Netherlands | 526 | 339 | 663 | 408 | -8.1% |
| France | 30.7 | 7.2 | 129 | 308 | 115.7% |
| Poland | 36.8 | 33.5 | 53.4 | 55.0 | 14.3% |
| China | 433 | 547 | 11.2 | 7.7 | -73.9% |
| Italy | 455 | 221 | 12.1 | 0.5 | -89.7% |
| Others | 813 | 841 | 1,017 | 1,172 | 13.0% |
| Total | 8,444 | 8,430 | 9,253 | 9,971 | 5.7% |
Top Suppliers of Mineral Substances Not Elsewhere Specified or Included to Sweden in 2022:
- Germany (13.6K tons)
- Finland (2.4K tons)
- Brazil (1.5K tons)
- Denmark (0.6K tons)
- Netherlands (0.4K tons)
- Poland (0.4K tons)
- France (0.4K tons)
Exports of Mineral Substances Not Elsewhere Specified or Included in Sweden
In 2022, shipments abroad of mineral substances not elsewhere specified or includeds decreased by -18.9% to 83K tons for the first time since 2018, thus ending a three-year rising trend. Over the period under review, exports showed a perceptible decline. The most prominent rate of growth was recorded in 2020 when exports increased by 7.1%.
In value terms, exports of mineral substances not elsewhere specified or includeds fell to $7M in 2022. Overall, exports showed a slight descent. The most prominent rate of growth was recorded in 2021 when exports increased by 14%. As a result, the exports reached the peak of $8.2M, and then contracted in the following year.
| Export of Mineral Substances Not Elsewhere Specified or Included in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 2.7 | 3.4 | 4.4 | 3.6 | 10.1% |
| Denmark | 4.3 | 3.6 | 3.6 | 3.1 | -10.3% |
| Others | 0.2 | 0.2 | 0.2 | 0.2 | 0.0% |
| Total | 7.2 | 7.2 | 8.2 | 7.0 | -0.9% |
Top Export Markets for Mineral Substances Not Elsewhere Specified or Included from Sweden in 2022:
- Norway (71.7K tons)
- Denmark (11.0K tons)
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