Sweden: Iron Angle Market 2024

Iron Angle Market Size in Sweden

In 2022, the Swedish iron angle market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, the total consumption indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2020 indices. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the immediate term.

Iron Angle Exports

Exports from Sweden

In 2022, approx. X tons of angles, shapes and sections (of iron or non-alloy steel) were exported from Sweden; growing by X% on the year before. Over the period under review, exports recorded a moderate increase. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, iron angle exports amounted to $X in 2022. In general, exports saw a temperate expansion. The most prominent rate of growth was recorded in 2016 when exports increased by X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

The Netherlands (X tons), Norway (X tons) and Finland (X tons) were the main destinations of iron angle exports from Sweden, with a combined X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for the Netherlands (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), the Netherlands ($X) and Finland ($X) constituted the largest markets for iron angle exported from Sweden worldwide, together accounting for X% of total exports. The UK, France, Denmark, Germany and Estonia lagged somewhat behind, together accounting for a further X%.

Denmark, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average iron angle export price amounted to $X per ton, remaining stable against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per ton), while the average price for exports to France ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Iron Angle Imports

Imports into Sweden

Iron angle imports into Sweden shrank to X tons in 2022, reducing by X% compared with the previous year's figure. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports reached the peak of X tons, and then shrank in the following year.

In value terms, iron angle imports amounted to $X in 2022. Overall, imports, however, posted a temperate increase. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in the near future.

Imports by Country

Germany (X tons), Luxembourg (X tons) and the Czech Republic (X tons) were the main suppliers of iron angle imports to Sweden, together accounting for X% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Czech Republic (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest iron angle suppliers to Sweden were Germany ($X), Luxembourg ($X) and the Czech Republic ($X), with a combined X% share of total imports.

The Czech Republic, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average iron angle import price stood at $X per ton in 2022, rising by X% against the previous year. In general, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, iron angle import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from the UK ($X per ton) and Denmark ($X per ton), while the price for Spain ($X per ton) and Italy ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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