Scandinavia: Denatured Ethyl Alcohol Market 2024

Denatured Ethyl Alcohol Market Size in Scandinavia

The Scandinavia denatured ethyl alcohol market surged to $X in 2022, rising by X% against the previous year. In general, consumption recorded a resilient increase. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Denatured Ethyl Alcohol Production in Scandinavia

In value terms, denatured ethyl alcohol production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a mild curtailment. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Denatured Ethyl Alcohol Exports

Exports in Scandinavia

In 2022, overseas shipments of denatured ethyl alcohol and other denatured spirits increased by X% to X litres, rising for the sixth year in a row after four years of decline. Over the period under review, exports showed strong growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, denatured ethyl alcohol exports skyrocketed to $X in 2022. In general, exports posted prominent growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2022, Sweden (X litres) and Norway (X litres) were the largest exporters of denatured ethyl alcohol and other denatured spirits in Scandinavia, together comprising X% of total exports. It was distantly followed by Finland (X litres), comprising an X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Norway (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

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

In terms of the main exporting countries, Norway, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per litre, stabilizing at the previous year. Export price indicated modest growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, denatured ethyl alcohol export price increased by X% against 2019 indices. The pace of growth appeared the most rapid in 2013 when the export price increased by X%. The level of export peaked at $X per litre in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per litre), while Finland ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (X%), while the other leaders experienced more modest paces of growth.

Denatured Ethyl Alcohol Imports

Imports in Scandinavia

For the fifth consecutive year, Scandinavia recorded growth in supplies from abroad of denatured ethyl alcohol and other denatured spirits, which increased by X% to X litres in 2022. Over the period under review, imports posted a significant increase. The growth pace was the most rapid in 2013 with an increase of X% against the previous year. The volume of import peaked in 2022 and is expected to retain growth in years to come.

In value terms, denatured ethyl alcohol imports surged to $X in 2022. Overall, imports saw a significant expansion. The growth pace was the most rapid in 2013 when imports increased by X% against the previous year. The level of import peaked in 2022 and is likely to continue growth in the near future.

Imports by Country

Finland was the main importing country with an import of about X litres, which accounted for X% of total imports. It was distantly followed by Sweden (X litres), generating a X% share of total imports. Norway (X litres) followed a long way behind the leaders.

Finland was also the fastest-growing in terms of the denatured ethyl alcohol and other denatured spirits imports, with a CAGR of X% from 2012 to 2022. At the same time, Norway (X%) and Sweden (X%) displayed positive paces of growth. From 2012 to 2022, the share of Finland increased by X percentage points.

In value terms, Finland ($X) constitutes the largest market for imported denatured ethyl alcohol and other denatured spirits in Scandinavia, comprising X% of total imports. The second position in the ranking was taken by Sweden ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Finland stood at X%. The remaining importing countries recorded the following average annual rates of imports growth: Sweden (X% per year) and Norway (X% per year).

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per litre, rising by X% against the previous year. Import price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, denatured ethyl alcohol import price increased by X% against 2020 indices. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Norway ($X per litre), while Finland ($X per litre) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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