Sweden: Aluminium Market Overview 2020

Aluminium Market Size in Sweden

The revenue of the aluminium market in Sweden amounted to $X in 2018, rising by X% against the previous year. In general, aluminium consumption, however, continues to indicate an abrupt contraction. The pace of growth appeared the most rapid in 2010 with an increase of X% y-o-y. Sweden aluminium consumption peaked at $X in 2007; however, from 2008 to 2018, consumption remained at a lower figure.

Aluminium Production in Sweden

In value terms, aluminium production amounted to $X in 2018 estimated in export prices. In general, the total output indicated modest growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, aluminium production increased by +X% against 2016 indices. The growth pace was the most rapid in 2010 with an increase of X% year-to-year. Sweden aluminium production peaked at $X in 2011; however, from 2012 to 2018, production stood at a somewhat lower figure.

Aluminium Exports

Exports from Sweden

In 2018, the aluminium exports from Sweden totaled X tonnes, coming down by -X% against the previous year. In general, the total exports indicated tangible growth from 2007 to 2018: its volume increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2010 with an increase of X% against the previous year. In that year, aluminium exports reached their peak of X tonnes. From 2011 to 2018, the growth of aluminium exports failed to regain its momentum.

In value terms, aluminium exports amounted to $X in 2018. In general, the total exports indicated temperate growth from 2007 to 2018: its value increased at an average annual rate of +X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, aluminium exports increased by +X% against 2016 indices. The pace of growth was the most pronounced in 2010 when exports increased by X% against the previous year. Sweden exports peaked at $X in 2011; however, from 2012 to 2018, exports failed to regain their momentum.

Exports by Country

The exports of the three major exporters of aluminium, namely Russia, Canada and the United Arab Emirates, represented more than third of total export. India (X tonnes) took the next position in the ranking, followed by Australia (X tonnes), Norway (X tonnes) and Malaysia (X tonnes). All these countries together took approx. X% share of total exports. The Netherlands (X tonnes), Iceland (X tonnes), the U.S. (X tonnes), Qatar (X tonnes) and China (X tonnes) occupied a relatively small share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by Malaysia, while the other leaders experienced more modest paces of growth.

In value terms, Canada ($X), the United Arab Emirates ($X) and Russia ($X) were the countries with the highest levels of exports in 2018, together comprising X% of total exports. India, Australia, Norway, Malaysia, the Netherlands, Iceland, the U.S., Qatar, China and Sweden lagged somewhat behind, together accounting for a further X recorded the highest rates of growth with regard to exports, among the main exporting countries over the last eleven years, while the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2018, the aluminium export price in Sweden amounted to $X per tonne, picking up by X% against the previous year. Overall, the aluminium export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the export price increased by X% year-to-year. In that year, the export prices for aluminium reached their peak level of $X per tonne. From 2012 to 2018, the growth in terms of the export prices for aluminium remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2018, the country with the highest price was the U.S. ($X per tonne), while Russia ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by the Netherlands, while the other leaders experienced more modest paces of growth.

Aluminium Imports

Imports into Sweden

In 2018, the aluminium imports into Sweden amounted to X tonnes, waning by -X% against the previous year. Over the period under review, aluminium imports continue to indicate a mild decrease. The most prominent rate of growth was recorded in 2010 with an increase of X% y-o-y. In that year, aluminium imports reached their peak of X tonnes. From 2011 to 2018, the growth of aluminium imports remained at a lower figure.

In value terms, aluminium imports amounted to $X in 2018. Over the period under review, aluminium imports continue to indicate a significant curtailment. The pace of growth appeared the most rapid in 2010 when imports increased by X% year-to-year. Over the period under review, aluminium imports reached their peak figure at $X in 2007; however, from 2008 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, the U.S. (X tonnes), distantly followed by Japan (X tonnes), Germany (X tonnes), South Korea (X tonnes) and Italy (X tonnes) represented the major importers of aluminium, together mixing up X% of total imports. The Netherlands (X tonnes), Turkey (X tonnes), Mexico (X tonnes), Thailand (X tonnes), Poland (X tonnes), Malaysia (X tonnes) and Taiwan, Chinese (X tonnes) took a little share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Malaysia, while the other leaders experienced more modest paces of growth.

In value terms, the U.S. ($X) constitutes the largest market for imported aluminium into Sweden, comprising X% of global imports. The second position in the ranking was occupied by Japan ($X), with a X% share of global imports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value in the U.S. amounted to +X%. The remaining importing countries recorded the following average annual rates of imports growth: Japan (-X% per year) and Germany (-X% per year).

Import Prices by Country

In 2018, the aluminium import price in Sweden amounted to $X per tonne, surging by X% against the previous year. Overall, the aluminium import price, however, continues to indicate a slight curtailment. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Sweden import price peaked at $X per tonne in 2007; however, from 2008 to 2018, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major importing countries. In 2018, major importing countries recorded the following prices: in Mexico ($X per tonne) and Poland ($X per tonne), while South Korea ($X per tonne) and Japan ($X per tonne) were amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Mexico, while the other leaders experienced a decline in the import price figures.

Source: IndexBox AI Platform