Sweden: Market for Double Or Complex Silicates 2024

Market Size for Double Or Complex Silicates in Sweden

In 2022, the Swedish double or complex silicates market increased by X% to $X, rising for the third consecutive year after two years of decline. Overall, consumption recorded a temperate expansion. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption stood at a somewhat lower figure.

Production of Double Or Complex Silicates in Sweden

In value terms, double or complex silicates production totaled $X in 2022 estimated in export price. Overall, production, however, continues to indicate a resilient expansion. The most prominent rate of growth was recorded in 2013 when the production volume increased by X%. Double or complex silicates production peaked at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Double Or Complex Silicates

Exports from Sweden

In 2022, after six years of growth, there was decline in shipments abroad of double or complex silicates, when their volume decreased by X% to X tons. In general, exports, however, recorded a significant expansion. The pace of growth appeared the most rapid in 2016 when exports increased by X%. Over the period under review, the exports attained the maximum at X tons in 2021, and then fell modestly in the following year.

In value terms, double or complex silicates exports reduced modestly to $X in 2022. Overall, exports, however, recorded a significant expansion. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at $X in 2021, and then declined slightly in the following year.

Exports by Country

Norway (X tons) was the main destination for double or complex silicates exports from Sweden, accounting for a X% share of total exports. Moreover, double or complex silicates exports to Norway exceeded the volume sent to the second major destination, the UK (X tons), twofold. The third position in this ranking was taken by Finland (X tons), with a X% share.

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

In value terms, Norway ($X) remains the key foreign market for double or complex silicates exports from Sweden, comprising X% of total exports. The second position in the ranking was held by Finland ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

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

Export Prices by Country

The average double or complex silicates export price stood at $X per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price, however, showed a tangible increase. The pace of growth was the most pronounced in 2014 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2015 to 2022, the average 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 ($X per ton), while the average price for exports to the UK ($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 Norway (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Double Or Complex Silicates

Imports into Sweden

Double or complex silicates imports into Sweden surged to X tons in 2022, rising by X% on the previous year. Overall, imports recorded a modest expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, double or complex silicates imports skyrocketed to $X in 2022. Over the period under review, imports recorded a remarkable increase. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest supplier of double or complex silicates to Sweden, with a X% share of total imports. Moreover, double or complex silicates imports from the Netherlands exceeded the figures recorded by the second-largest supplier, France (X tons), fourfold. Germany (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the Netherlands totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (X% per year) and Germany (X% per year).

In value terms, France ($X), the Netherlands ($X) and Germany ($X) appeared to be the largest double or complex silicates suppliers to Sweden, with a combined X% share of total imports.

France, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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 double or complex silicates import price stood at $X per ton in 2022, with a decrease of X% against the previous year. In general, the import price, however, posted a prominent expansion. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, average import prices attained the maximum at $X per ton in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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