Sweden: Market for Benzoyl Peroxide And Benzoyl Chloride 2024

Market Size for Benzoyl Peroxide And Benzoyl Chloride in Sweden

In 2022, the Swedish benzoyl peroxide and chloride market was finally on the rise to reach $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption, however, continues to indicate a buoyant increase. Benzoyl peroxide and chloride consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Production of Benzoyl Peroxide And Benzoyl Chloride in Sweden

In value terms, benzoyl peroxide and chloride production fell dramatically to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a mild contraction. The growth pace was the most rapid in 2021 when the production volume increased by X,700% against the previous year. Over the period under review, production attained the maximum level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Exports of Benzoyl Peroxide And Benzoyl Chloride

Exports from Sweden

In 2022, exports of benzoyl peroxide and benzoyl chloride from Sweden soared to X tons, jumping by X% against the previous year's figure. In general, exports, however, continue to indicate a mild downturn. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, benzoyl peroxide and chloride exports shrank to $X in 2022. Over the period under review, exports posted buoyant growth. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then fell in the following year.

Exports by Country

The United States (X tons) was the main destination for benzoyl peroxide and chloride exports from Sweden, with a X% share of total exports. Moreover, benzoyl peroxide and chloride exports to the United States exceeded the volume sent to the second major destination, Poland (X tons), more than tenfold. Croatia (X tons) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Croatia (X% per year).

In value terms, the largest markets for benzoyl peroxide and chloride exported from Sweden were Croatia ($X), India ($X) and the United States ($X), together comprising X% of total exports.

Croatia, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of 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

The average benzoyl peroxide and chloride export price stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the export price, however, continues to indicate resilient growth. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then declined sharply in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Canada ($X per ton), while the average price for exports to the United States ($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 Canada (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Benzoyl Peroxide And Benzoyl Chloride

Imports into Sweden

In 2022, approx. X tons of benzoyl peroxide and benzoyl chloride were imported into Sweden; growing by X% compared with 2021 figures. Over the period under review, imports, however, recorded a deep slump. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports reached the maximum at X tons in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, benzoyl peroxide and chloride imports surged to $X in 2022. Overall, imports, however, recorded a deep reduction. Over the period under review, imports attained the peak figure at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Poland (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of benzoyl peroxide and chloride imports to Sweden, together comprising X% of total imports. The UK, the Czech Republic, the Netherlands and Belgium lagged somewhat behind, together comprising a further X%.

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

In value terms, Poland ($X) constituted the largest supplier of benzoyl peroxide and benzoyl chloride to Sweden, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Poland stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Italy (X% per year).

Import Prices by Country

In 2022, the average benzoyl peroxide and chloride import price amounted to $X per ton, jumping by X% against the previous year. Overall, the import price enjoyed strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Belgium ($X per ton), while the price for Germany ($X per ton) was 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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