Scandinavia: Aromatic Hydrocarbons Derivatives Market 2024

Aromatic Hydrocarbons Derivatives Market Size in Scandinavia

In 2022, the Scandinavia aromatic hydrocarbons derivatives market increased by X% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption posted a buoyant expansion. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Aromatic Hydrocarbons Derivatives Production in Scandinavia

In value terms, aromatic hydrocarbons derivatives production dropped to $X in 2022 estimated in export price. In general, production, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2016 when the production volume increased by X% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production remained at a lower figure.

Aromatic Hydrocarbons Derivatives Exports

Exports in Scandinavia

In 2022, aromatic hydrocarbons derivatives exports in Scandinavia declined dramatically to X tons, with a decrease of X% on the previous year. Over the period under review, exports continue to indicate a dramatic decrease. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, aromatic hydrocarbons derivatives exports declined rapidly to $X in 2022. In general, exports faced a dramatic shrinkage. The pace of growth appeared the most rapid in 2019 with an increase of X%. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Norway represented the key exporter of halogenated derivatives of aromatic hydrocarbons in Scandinavia, with the volume of exports reaching X tons, which was approx. X% of total exports in 2022. It was distantly followed by Sweden (X kg), committing a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of X%).

In value terms, the largest aromatic hydrocarbons derivatives supplying countries in Scandinavia were Norway ($X) and Sweden ($X).

In terms of the main exporting countries, Norway, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review.

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per ton, rising by X% against the previous year. Over the period under review, the export price, however, recorded a noticeable decrease. The growth pace was the most rapid in 2014 an increase of X% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 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 Norway stood at $X per ton.

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

Aromatic Hydrocarbons Derivatives Imports

Imports in Scandinavia

In 2022, purchases abroad of halogenated derivatives of aromatic hydrocarbons increased by X% to X tons, rising for the third year in a row after three years of decline. Overall, imports, however, recorded a mild descent. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X tons in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, aromatic hydrocarbons derivatives imports contracted to $X in 2022. In general, imports, however, showed a pronounced descent. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Finland (X tons) was the main importer of halogenated derivatives of aromatic hydrocarbons, creating X% of total imports. Sweden (X tons) ranks second in terms of the total imports with a X% share, followed by Norway (X%).

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

In value terms, Finland ($X) constitutes the largest market for imported halogenated derivatives of aromatic hydrocarbons in Scandinavia, comprising X% of total imports. The second position in the ranking was taken by Sweden ($X), with a X% share of total imports.

In Finland, aromatic hydrocarbons derivatives imports shrank by an average annual rate of X% over the period from 2012-2022. 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

The import price in Scandinavia stood at $X per ton in 2022, which is down by X% against the previous year. Overall, the import price continues to indicate a pronounced setback. The pace of growth was the most pronounced in 2017 when the import price increased by X% against the previous year. The level of import peaked at $X per ton in 2015; however, from 2016 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, 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 2022, the most notable rate of growth in terms of prices was attained by Norway (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :