Scandinavia: Borates And Perborates Market 2024

Borates And Perborates Market Size in Scandinavia

In 2023, the Scandinavia borates and perborates market increased by X% to $X, rising for the second year in a row after two years of decline. The total consumption indicated a strong increase from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, consumption increased by X% against 2021 indices. The level of consumption peaked in 2023 and is expected to retain growth in years to come.

Borates And Perborates Production in Scandinavia

In value terms, borates and perborates production rose to $X in 2023 estimated in export price. Over the period under review, production, however, recorded a pronounced contraction. The pace of growth was the most pronounced in 2021 with an increase of X%. The level of production peaked at $X in 2012; however, from 2013 to 2023, production failed to regain momentum.

Borates And Perborates Exports

Exports in Scandinavia

In 2023, overseas shipments of borates, peroxoborates (perborates) decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. In general, exports, however, recorded a tangible increase. The growth pace was the most rapid in 2018 when exports increased by X%. Over the period under review, the exports reached the maximum at X tons in 2022, and then contracted markedly in the following year.

In value terms, borates and perborates exports fell notably to $X in 2023. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The level of export peaked at $X in 2022, and then contracted remarkably in the following year.

Exports by Country

Sweden represented the largest exporter of borates, peroxoborates (perborates) in Scandinavia, with the volume of exports accounting for X tons, which was approx. X% of total exports in 2023. It was distantly followed by Finland (X tons), achieving an X% share of total exports.

Exports from Sweden increased at an average annual rate of X% from 2012 to 2023. At the same time, Finland (X%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of X% from 2012-2023. Finland (X p.p.) significantly strengthened its position in terms of the total exports, while Sweden saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Sweden ($X) remains the largest borates and perborates supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was taken by Finland ($X), with a X% share of total exports.

From 2012 to 2023, the average annual rate of growth in terms of value in Sweden was relatively modest.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2023, approximately mirroring the previous year. In general, the export price showed a perceptible shrinkage. The growth pace was the most rapid in 2013 when the export price increased by X%. As a result, the export price attained the peak level of $X per ton. From 2014 to 2023, the export prices failed to regain momentum.

Average prices varied noticeably amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Finland ($X per ton), while Sweden amounted to $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Sweden (X%).

Borates And Perborates Imports

Imports in Scandinavia

Borates and perborates imports dropped to X tons in 2023, which is down by X% compared with 2022. Total imports indicated tangible growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2021 indices. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2022, and then reduced in the following year.

In value terms, borates and perborates imports stood at $X in 2023. Total imports indicated noticeable growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2021 indices. The pace of growth was the most pronounced in 2022 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2023 and are likely to see gradual growth in the immediate term.

Imports by Country

Sweden represented the key importer of borates, peroxoborates (perborates) in Scandinavia, with the volume of imports amounting to X tons, which was near X% of total imports in 2023. It was distantly followed by Finland (X tons), making up a X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Sweden (with a CAGR of X%).

In value terms, Sweden ($X) constitutes the largest market for imported borates, peroxoborates (perborates) in Scandinavia, comprising X% of total imports. The second position in the ranking was held by Finland ($X), with a X% share of total imports.

From 2012 to 2023, the average annual rate of growth in terms of value in Sweden totaled X%.

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2023, with an increase of X% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The level of import peaked at $X per ton in 2012; however, from 2013 to 2023, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Sweden ($X per ton), while Finland totaled $X per ton.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Finland (X%).

Source: IndexBox Platform