Scandinavia: Saccharin Market 2024

Saccharin Market Size in Scandinavia

The Scandinavia saccharin market contracted to $X in 2022, leveling off at the previous year. Over the period under review, consumption saw a slight reduction. The pace of growth was the most pronounced in 2017 with an increase of 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.

Saccharin Production in Scandinavia

In value terms, saccharin production shrank to $X in 2022 estimated in export price. In general, production showed a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a somewhat lower figure.

Saccharin Exports

Exports in Scandinavia

In 2022, approx. X tons of saccharin and its salts were exported in Scandinavia; rising by X% compared with the previous year. Over the period under review, exports, however, recorded a deep setback. The growth pace was the most rapid in 2019 with an increase of X%. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, saccharin exports skyrocketed to $X in 2022. In general, exports, however, showed a abrupt descent. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Sweden prevails in exports structure, reaching X tons, which was near X% of total exports in 2022. Finland (X kg) took a relatively small share of total exports.

Sweden was also the fastest-growing in terms of the saccharin and its salts exports, with a CAGR of X% from 2012 to 2022. Finland (X%) illustrated a downward trend over the same period. While the share of Sweden (X p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

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

In Sweden, saccharin exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per ton, dropping by X% against the previous year. Overall, the export price, however, saw strong growth. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the export prices remained at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per ton), while Sweden totaled $X per ton.

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

Saccharin Imports

Imports in Scandinavia

In 2022, after two years of decline, there was significant growth in supplies from abroad of saccharin and its salts, when their volume increased by X% to X tons. Overall, imports, however, recorded a perceptible setback. The pace of growth was the most pronounced in 2019 with an increase of X%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, saccharin imports fell slightly to $X in 2022. In general, imports, however, continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2019 with an increase of X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Sweden (X tons) represented the major importer of saccharin and its salts, creating X% of total imports. It was distantly followed by Finland (X tons), mixing up a X% share of total imports. Norway (X kg) followed a long way behind the leaders.

Sweden was also the fastest-growing in terms of the saccharin and its salts imports, with a CAGR of X% from 2012 to 2022. Finland (X%) and Norway (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 ($X), Finland ($X) and Norway ($X) constituted the countries with the highest levels of imports in 2022.

Sweden, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per ton, declining by X% against the previous year. Over the period under review, the import price, however, showed modest growth. The growth pace was the most rapid in 2020 an increase of X% against the previous year. Over the period under review, import prices attained the maximum at $X per ton in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Finland ($X per ton), while Norway ($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 more modest paces of growth.

Source: IndexBox Platform

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