Scandinavia: Market for Phosphorus, Arsenic And Selenium 2022

Market Size for Phosphorus, Arsenic And Selenium in Scandinavia

For the third year in a row, the Scandinavia phosphorus, arsenic and selenium market recorded growth in sales value, which increased by 771% to $X in 2021. Over the period under review, consumption showed significant growth. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Phosphorus, Arsenic And Selenium in Scandinavia

In value terms, phosphorus, arsenic and selenium production declined to $X in 2021 estimated in export price. In general, production showed a deep contraction. The most prominent rate of growth was recorded in 2016 when the production volume increased by 88% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Phosphorus, Arsenic And Selenium

Exports in Scandinavia

After two years of decline, shipments abroad of phosphorus, arsenic and selenium increased by 93% to X tons in 2021. Overall, exports showed a buoyant expansion. The volume of export peaked at X tons in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, phosphorus, arsenic and selenium exports soared to $X in 2021. Over the period under review, exports, however, continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2017 when exports increased by 82%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Finland (X tons) represented the major exporter of phosphorus, arsenic and selenium, committing 48% of total exports. Norway (X tons) took the second position in the ranking, distantly followed by Denmark (X tons). All these countries together took near 49% share of total exports. Sweden (X tons) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were in Denmark (with a CAGR of +33.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Finland ($X), Norway ($X) and Denmark ($X) constituted the countries with the highest levels of exports in 2021, together comprising 92% of total exports.

Denmark, with a CAGR of +38.8%, saw the highest growth rate of the value of exports, among the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per ton, which is down by -11% against the previous year. In general, the export price showed a precipitous decrease. The pace of growth appeared the most rapid in 2018 an increase of 25% against the previous year. The level of export peaked at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Sweden ($X per ton), while Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+3.8%), while the other leaders experienced a decline in the export price figures.

Imports of Phosphorus, Arsenic And Selenium

Imports in Scandinavia

For the third year in a row, Scandinavia recorded growth in supplies from abroad of phosphorus, arsenic and selenium, which increased by 946% to X tons in 2021. Overall, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, phosphorus, arsenic and selenium imports soared to $X in 2021. Over the period under review, imports saw significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

Denmark prevails in imports structure, reaching X tons, which was near 92% of total imports in 2021. It was distantly followed by Sweden (X tons), creating a 6.4% share of total imports. Finland (X tons) took a minor share of total imports.

Denmark was also the fastest-growing in terms of the phosphorus, arsenic and selenium imports, with a CAGR of +146.1% from 2012 to 2021. At the same time, Finland (+24.0%) and Sweden (+12.6%) displayed positive paces of growth. From 2012 to 2021, the share of Denmark increased by +90 percentage points.

In value terms, Denmark ($X) constitutes the largest market for imported phosphorus, arsenic and selenium in Scandinavia, comprising 85% of total imports. The second position in the ranking was taken by Sweden ($X), with a 9.9% share of total imports.

In Denmark, phosphorus, arsenic and selenium imports increased at an average annual rate of +78.2% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Sweden (+9.4% per year) and Finland (+0.5% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2021, declining by -41.2% against the previous year. Over the period under review, the import price saw a abrupt shrinkage. The growth pace was the most rapid in 2018 when the import price increased by 16% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Finland ($X per ton), while Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (-2.9%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Market Intelligence Platform

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