Scandinavia: Methacrylic Acid Esters Market 2024

Methacrylic Acid Esters Market Size in Scandinavia

In 2022, the Scandinavia methacrylic acid esters market increased by X% to $X, rising for the second consecutive year after two years of decline. The total consumption indicated a pronounced increase from 2012 to 2022: its value 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, consumption increased by X% against 2020 indices. Over the period under review, the market attained the peak level in 2022 and is likely to see gradual growth in the immediate term.

Methacrylic Acid Esters Production in Scandinavia

In value terms, methacrylic acid esters production stood at $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the production volume decreased by X%. The level of production peaked in 2022 and is expected to retain growth in the near future.

Methacrylic Acid Esters Exports

Exports in Scandinavia

Methacrylic acid esters exports declined markedly to X tons in 2022, dropping by X% on 2021. Over the period under review, exports, however, posted a temperate expansion. The pace of growth was the most pronounced in 2016 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2021, and then declined sharply in the following year.

In value terms, methacrylic acid esters exports shrank sharply to $X in 2022. In general, exports, however, recorded a remarkable increase. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2021, and then fell significantly in the following year.

Exports by Country

The biggest shipments were from Sweden (X tons), together finishing at X% of total export.

Sweden was also the fastest-growing in terms of the esters of methacrylic acid exports, with a CAGR of X% from 2012 to 2022. Sweden (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) also remains the largest methacrylic acid esters supplier in Scandinavia.

From 2012 to 2022, the average annual rate of growth in terms of value in Sweden stood at X%.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, growing by X% against the previous year. Over the period under review, the export price continues to indicate temperate growth. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, the export prices hit record highs at $X per ton in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Sweden.

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to X% per year.

Methacrylic Acid Esters Imports

Imports in Scandinavia

Methacrylic acid esters imports contracted to X tons in 2022, falling by X% against the year before. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2017 with an increase of X%. The volume of import peaked at X tons in 2021, and then declined in the following year.

In value terms, methacrylic acid esters imports rose slightly to $X in 2022. Total imports indicated notable growth from 2012 to 2022: its value 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, imports increased by X% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of X%. The level of import peaked in 2022 and is likely to see gradual growth in the immediate term.

Imports by Country

Sweden represented the main importer of esters of methacrylic acid in Scandinavia, with the volume of imports amounting to X tons, which was approx. X% of total imports in 2022. Finland (X tons) ranks second in terms of the total imports with a X% share, followed by Norway (X%).

Sweden experienced a relatively flat trend pattern with regard to volume of imports of esters of methacrylic acid. At the same time, Finland (X%) and Norway (X%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of X% from 2012-2022. Finland (X p.p.) and Norway (X p.p.) significantly strengthened its position in terms of the total imports, while Sweden saw its share reduced by X% from 2012 to 2022, respectively.

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

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

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per ton, with an increase of X% against the previous year. Import price indicated a modest 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, methacrylic acid esters import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the import price increased by X%. Over the period under review, import prices reached the maximum in 2022 and is expected to retain growth in years to come.

Average prices varied noticeably amongst the major importing countries. In 2022, 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

Frequently Asked Questions (FAQ) :