Scandinavia: Expanded Clays Market 2024

Expanded Clays Market Size in Scandinavia

After two years of growth, the Scandinavia expanded clays market decreased by X% to $X in 2022. Over the period under review, consumption saw a abrupt descent. The pace of growth was the most pronounced in 2020 when the market value increased by X%. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption remained at a lower figure.

Expanded Clays Production in Scandinavia

In value terms, expanded clays production dropped to $X in 2022 estimated in export price. In general, production saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth remained at a somewhat lower figure.

Expanded Clays Exports

Exports in Scandinavia

In 2022, overseas shipments of exfoliated vermiculite, expanded clays and foamed slag increased by X% to X tons, rising for the sixth consecutive year after two years of decline. Overall, exports posted a significant increase. The growth pace was the most rapid in 2014 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are likely to see steady growth in the immediate term.

In value terms, expanded clays exports expanded sharply to $X in 2022. Over the period under review, exports recorded resilient growth. The growth pace was the most rapid in 2014 with an increase of X%. The level of export peaked in 2022 and is likely to see steady growth in the immediate term.

Exports by Country

Finland (X tons) and Norway (X tons) prevails in exports structure, together constituting X% of total exports. Sweden (X tons) followed a long way behind the leaders.

From 2012 to 2022, the biggest increases were recorded for Finland (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

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

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

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per ton, waning by X% against the previous year. Overall, the export price recorded a deep contraction. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Finland ($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 a decline in the export price figures.

Expanded Clays Imports

Imports in Scandinavia

After five years of growth, purchases abroad of exfoliated vermiculite, expanded clays and foamed slag decreased by X% to X tons in 2022. Over the period under review, imports, however, recorded strong growth. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. The volume of import peaked at X tons in 2021, and then dropped in the following year.

In value terms, expanded clays imports shrank to $X in 2022. Overall, imports, however, saw a temperate expansion. The growth pace was the most rapid in 2017 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2021, and then reduced modestly in the following year.

Imports by Country

Sweden dominates imports structure, amounting to X tons, which was near X% of total imports in 2022. It was distantly followed by Norway (X tons), committing a X% share of total imports. Finland (X tons) followed a long way behind the leaders.

Sweden was also the fastest-growing in terms of the exfoliated vermiculite, expanded clays and foamed slag imports, with a CAGR of X% from 2012 to 2022. Norway (X%) and Finland (X%) illustrated a downward trend over the same period. Sweden (X p.p.) significantly strengthened its position in terms of the total imports, while Norway and Finland saw its share reduced by X% and X% from 2012 to 2022, respectively.

In value terms, Sweden ($X) constitutes the largest market for imported exfoliated vermiculite, expanded clays and foamed slag in Scandinavia, comprising X% of total imports. The second position in the ranking was held by Norway ($X), with a X% share of total imports.

In Sweden, expanded clays imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Norway (X% per year) and Finland (X% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the import price, however, continues to indicate a noticeable setback. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. The level of import peaked at $X per ton in 2016; however, from 2017 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 Finland (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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