Scandinavia: Market for Double Or Complex Silicates 2024

Market Size for Double Or Complex Silicates in Scandinavia

The Scandinavia double or complex silicates market rose significantly to $X in 2022, with an increase of X% against the previous year. Overall, consumption showed perceptible growth. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Double Or Complex Silicates in Scandinavia

In value terms, double or complex silicates production expanded modestly to $X in 2022 estimated in export price. Overall, production, however, posted a moderate increase. The growth pace was the most rapid in 2013 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Double Or Complex Silicates

Exports in Scandinavia

In 2022, shipments abroad of double or complex silicates increased by X% to X tons, rising for the seventh consecutive year after two years of decline. Over the period under review, exports continue to indicate a resilient expansion. The growth pace was the most rapid in 2016 when exports increased by X%. The volume of export peaked in 2022 and is expected to retain growth in the near future.

In value terms, double or complex silicates exports surged to $X in 2022. Overall, exports posted a buoyant expansion. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

Exports by Country

Finland represented the key exporter of double or complex silicates in Scandinavia, with the volume of exports accounting for X tons, which was near X% of total exports in 2022. It was distantly followed by Sweden (X tons), achieving a X% share of total exports.

From 2012 to 2022, average annual rates of growth with regard to double or complex silicates exports from Finland stood at X%. At the same time, Sweden (X%) displayed positive paces of growth. Moreover, Sweden emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of X% from 2012-2022. While the share of Sweden (X p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Finland (X p.p.) displayed negative dynamics.

In value terms, Finland ($X) remains the largest double or complex silicates supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was held by Sweden ($X), with a X% share of total exports.

In Finland, double or complex silicates exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, surging by X% against the previous year. Overall, the export price posted a pronounced increase. The growth pace was the most rapid in 2014 when the export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%).

Imports of Double Or Complex Silicates

Imports in Scandinavia

In 2022, approx. X tons of double or complex silicates were imported in Scandinavia; growing by X% against 2021. In general, imports posted resilient growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, double or complex silicates imports skyrocketed to $X in 2022. Over the period under review, imports recorded buoyant growth. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, Sweden (X tons) represented the major importer of double or complex silicates, committing X% of total imports. Norway (X tons) ranks second in terms of the total imports with a X% share, followed by Finland (X%).

Imports into Sweden increased at an average annual rate of X% from 2012 to 2022. At the same time, Norway (X%) and Finland (X%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Norway and Finland increased by X and X percentage points, respectively.

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

Norway, 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

In 2022, the import price in Scandinavia amounted to $X per ton, which is down by X% against the previous year. Overall, the import price, however, enjoyed a buoyant expansion. The pace of growth appeared the most rapid in 2013 an increase of X%. Over the period under review, import prices reached the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Finland ($X per ton), while Sweden ($X per ton) 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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