Scandinavia: Chlorides Market 2024

Chlorides Market Size in Scandinavia

In 2023, the Scandinavia chlorides market increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption enjoyed a buoyant expansion. The level of consumption peaked in 2023 and is expected to retain growth in the immediate term.

Chlorides Production in Scandinavia

In value terms, chlorides production fell modestly to $X in 2023 estimated in export price. The total production indicated a noticeable expansion 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, production increased by X% against 2021 indices. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2023, production remained at a lower figure.

Chlorides Exports

Exports in Scandinavia

In 2023, exports of chlorides (excluding ammonium chloride) in Scandinavia reduced to X tons, which is down by X% on the previous year. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports reached the peak figure at X tons in 2018; however, from 2019 to 2023, the exports failed to regain momentum.

In value terms, chlorides exports skyrocketed to $X in 2023. The total export value increased at an average annual rate of X% over the period from 2012 to 2023; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Finland represented the key exporting country with an export of around X tons, which recorded X% of total exports. Sweden (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Norway (X%).

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Norway (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Finland ($X), Sweden ($X) and Norway ($X) appeared to be the countries with the highest levels of exports in 2023, with a combined X% share of total exports.

Norway, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2023, growing by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Norway ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Norway (X%), while the other leaders experienced more modest paces of growth.

Chlorides Imports

Imports in Scandinavia

In 2023, approx. X tons of chlorides (excluding ammonium chloride) were imported in Scandinavia; picking up by X% compared with the previous year. In general, imports saw a slight increase. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, imports reached the peak of X tons. From 2019 to 2023, the growth of imports failed to regain momentum.

In value terms, chlorides imports skyrocketed to $X in 2023. Total imports indicated temperate 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 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Sweden was the largest importing country with an import of about X tons, which accounted for X% of total imports. Norway (X tons) ranks second in terms of the total imports with a X% share, followed by Finland (X%).

Sweden experienced a relatively flat trend pattern with regard to volume of imports of chlorides (excluding ammonium chloride). At the same time, Finland (X%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of X% from 2012-2023. Norway experienced a relatively flat trend pattern. From 2012 to 2023, the share of Finland increased by X percentage points.

In value terms, the largest chlorides importing markets in Scandinavia were Sweden ($X), Norway ($X) and Finland ($X), together comprising X% of total imports.

Finland, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2023, rising by X% against the previous year. Import price indicated a perceptible increase from 2012 to 2023: its price 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, chlorides import price increased by X% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Norway (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform