Scandinavia: Alcohols Market 2024

Alcohols Market Size in Scandinavia

The Scandinavia alcohols market surged to $X in 2020, rising by X% against the previous year. In general, consumption showed a resilient increase. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Alcohols Production in Scandinavia

In value terms, alcohols production reduced to $X in 2020 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2020; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2017 when the production volume increased by X%. The level of production peaked at $X in 2019, and then declined in the following year.

Alcohols Exports

Exports in Scandinavia

In 2020, approx. X tons of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives were exported in Scandinavia; which is down by X% on the previous year. Overall, exports showed a deep setback. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2020, the growth of the exports remained at a somewhat lower figure.

In value terms, alcohols exports shrank rapidly to $X in 2020. In general, exports saw a dramatic descent. The growth pace was the most rapid in 2017 with an increase of X%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2020, the exports stood at a somewhat lower figure.

Exports by Country

Finland represented the largest exporting country with an export of about X tons, which accounted for X% of total exports. Sweden (X tons) held the second position in the ranking, distantly followed by Norway (X tons). All these countries together held approx. X% share of total exports.

Finland was also the fastest-growing in terms of the alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives exports, with a CAGR of X% from 2012 to 2020. Sweden (X%) and Norway (X%) illustrated a downward trend over the same period. From 2012 to 2020, the share of Finland increased by X percentage points.

In value terms, the largest alcohols supplying countries in Scandinavia were Sweden ($X), Finland ($X) and Norway ($X).

Finland, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2020, the export price in Scandinavia amounted to $X per ton, growing by X% against the previous year. Over the period under review, the export price, however, showed a noticeable curtailment. The growth pace was the most rapid in 2018 an increase of X% against the previous year. Over the period under review, the export prices attained the peak figure at $X per ton in 2013; however, from 2014 to 2020, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2020, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Finland (X%), while the other leaders experienced a decline in the export price figures.

Alcohols Imports

Imports in Scandinavia

For the third consecutive year, Scandinavia recorded decline in purchases abroad of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives, which decreased by X% to X tons in 2020. Over the period under review, imports saw a abrupt contraction. The growth pace was the most rapid in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of X tons. From 2015 to 2020, the growth of imports remained at a somewhat lower figure.

In value terms, alcohols imports dropped markedly to $X in 2020. In general, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2014; however, from 2015 to 2020, imports failed to regain momentum.

Imports by Country

Sweden (X tons) and Finland (X tons) represented the major importers of alcohols and their halogenated, sulphonated, nitrated or nitrosated derivatives in 2020, accounting for approx. X% and X% of total imports, respectively. It was distantly followed by Norway (X tons), comprising a X% share of total imports.

From 2012 to 2020, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Sweden (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest alcohols importing markets in Scandinavia were Sweden ($X), Finland ($X) and Norway ($X).

In terms of the main importing countries, Sweden, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2020, the import price in Scandinavia amounted to $X per ton, growing by X% against the previous year. Overall, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2014; however, from 2015 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2020, amid the top importers, the country with the highest price was Norway ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2020, the most notable rate of growth in terms of prices was attained by Finland (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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