Sweden: Market for Cyanides, Cyanide Oxides And Complex Cyanides 2024

Market Size for Cyanides, Cyanide Oxides And Complex Cyanides in Sweden

The Swedish cyanides and cyanide oxides market soared to $X in 2022, growing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a prominent expansion. Over the period under review, the market hit record highs at $X in 2015; however, from 2016 to 2022, consumption remained at a lower figure.

Exports of Cyanides, Cyanide Oxides And Complex Cyanides

Exports from Sweden

After four years of decline, shipments abroad of cyanides, cyanide oxides and complex cyanides increased by X% to X tons in 2022. Over the period under review, exports, however, showed a deep reduction. Over the period under review, the exports hit record highs at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, cyanides and cyanide oxides exports soared to $X in 2022. In general, exports, however, showed a abrupt downturn. The pace of growth appeared the most rapid in 2013 when exports increased by X%. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Denmark (X tons) was the main destination for cyanides and cyanide oxides exports from Sweden, accounting for a X% share of total exports. Moreover, cyanides and cyanide oxides exports to Denmark exceeded the volume sent to the second major destination, Norway (X tons), twofold.

From 2012 to 2022, the average annual growth rate of volume to Denmark amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (X% per year) and Finland (X% per year).

In value terms, Norway ($X) remains the key foreign market for cyanides, cyanide oxides and complex cyanides exports from Sweden, comprising X% of total exports. The second position in the ranking was taken by Finland ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Norway amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (X% per year) and Denmark (X% per year).

Export Prices by Country

The average cyanides and cyanide oxides export price stood at $X per ton in 2022, waning by X% against the previous year. Overall, the export price, however, continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2015 an increase of X% against the previous year. The export price peaked at $X per ton in 2021, and then shrank notably in the following year.

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

Imports of Cyanides, Cyanide Oxides And Complex Cyanides

Imports into Sweden

Cyanides and cyanide oxides imports into Sweden rose sharply to X tons in 2022, picking up by X% compared with 2021. Over the period under review, imports showed a perceptible increase. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cyanides and cyanide oxides imports skyrocketed to $X in 2022. Overall, imports enjoyed a resilient increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

The Netherlands (X tons), the Czech Republic (X tons) and Germany (X tons) were the main suppliers of cyanides and cyanide oxides imports to Sweden, with a combined X% share 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 Netherlands (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest cyanides and cyanide oxides suppliers to Sweden were the Czech Republic ($X), the Netherlands ($X) and Germany ($X), together accounting for X% 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 mixed trend patterns.

Import Prices by Country

In 2022, the average cyanides and cyanide oxides import price amounted to $X per ton, rising by X% against the previous year. Overall, import price indicated notable 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, cyanides and cyanide oxides import price increased by X% against 2017 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for the Netherlands ($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 Czech Republic (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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