Sweden - Salicylic Acid And Its Salts - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Sweden - Salicylic Acid And Its Salts - Market Analysis, Forecast, Size, Trends And Insights

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Salicylic Acid Price in Sweden - 2023

Contents:

  1. Salicylic Acid Price in Sweden (CIF) - 2023
  2. Salicylic Acid Price in Sweden (FOB) - 2022
  3. Salicylic Acid Imports in Sweden
  4. Salicylic Acid Exports in Sweden

Salicylic Acid Price in Sweden (CIF) - 2023

The average salicylic acid import price stood at $4,056 per ton in May 2023, dropping by -5% against the previous month. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in December 2022 an increase of 85% against the previous month. The import price peaked at $5,608 per ton in January 2023; however, from February 2023 to May 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In May 2023, the country with the highest price was France ($6,384 per ton), while the price for Spain ($3,638 per ton) was amongst the lowest.

From May 2022 to May 2023, the most notable rate of growth in terms of prices was attained by Spain (+3.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Salicylic Acid Price in Sweden (FOB) - 2022

The average salicylic acid export price stood at $4,723 per ton in 2021, reducing by -87.8% against the previous year. Over the period under review, the export price, however, saw a measured expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by 150% against the previous year. As a result, the export price attained the peak level of $38,649 per ton, and then dropped dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($12,666 per ton), while the average price for exports to France ($4,609 per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+14.5%), while the prices for the other major destinations experienced more modest paces of growth.

Salicylic Acid Imports in Sweden

In 2022, the amount of salicylic acid and its salts imported into Sweden amounted to 644 tons, approximately reflecting the previous year's figure. The total import volume increased at an average annual rate of +9.4% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of 36%. As a result, imports attained the peak of 667 tons. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, salicylic acid imports fell slightly to $2.5M in 2022. The total import value increased at an average annual rate of +10.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 41% against the previous year. As a result, imports attained the peak of $2.6M. From 2021 to 2022, the growth of imports failed to regain momentum.

Import of Salicylic Acid in Sweden (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
France1,3471,9471,87117.9%
Spain31448160939.3%
Denmark11310652.6-31.8%
Others59.358.643.2-14.6%
Total1,8332,5942,57518.5%

Top Suppliers of Salicylic Acid to Sweden in 2022:

  1. France (399.7 tons)
  2. Spain (231.0 tons)
  3. Denmark (10.3 tons)

Salicylic Acid Exports in Sweden

After three years of growth, overseas shipments of salicylic acid and its salts decreased by -99.8% to 68 kg in 2022. In general, exports faced a drastic downturn. The pace of growth was the most pronounced in 2021 with an increase of 16,416% against the previous year. As a result, the exports reached the peak of 43 tons, and then declined dramatically in the following year.

In value terms, salicylic acid exports shrank markedly to $3.4K in 2022. Over the period under review, exports, however, posted buoyant growth. The pace of growth was the most pronounced in 2021 with an increase of 1,918% against the previous year. As a result, the exports attained the peak of $204K, and then contracted sharply in the following year.

Export of Salicylic Acid in Sweden (Thousand USD)
COUNTRY201920202021CAGR,
2019-2021
FranceN/AN/A1940%
ItalyN/AN/A5.80%
DenmarkN/A5.21.7-67.3%
Others2.05.03.328.5%
Total2.010.1204910.0%

Top Export Markets for Salicylic Acid from Sweden in 2022:

  1. France (42.0 tons)
  2. Italy (1.1 tons)
  3. Denmark (0.2 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the salicylic acid 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 21101030 - Salicylic acid and its salts

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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