Sweden: Market for Glycosides And Vegetable Alkaloids 2024

Market Size for Glycosides And Vegetable Alkaloids in Sweden

The Swedish glycosides and vegetable alkaloids market contracted remarkably to $X in 2022, shrinking by X% against the previous year. Overall, consumption, however, recorded a notable increase. Over the period under review, the market reached the peak level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Glycosides And Vegetable Alkaloids in Sweden

In value terms, glycosides and vegetable alkaloids production dropped slightly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2013 with an increase of X%. Glycosides and vegetable alkaloids production peaked at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Glycosides And Vegetable Alkaloids

Exports from Sweden

In 2022, shipments abroad of glycosides and vegetable alkaloids increased by X% to X tons, rising for the second consecutive year after three years of decline. In general, exports posted a resilient increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, glycosides and vegetable alkaloids exports soared to $X in 2022. Over the period under review, exports continue to indicate a prominent increase. The pace of growth was the most pronounced in 2021 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

India (X tons), Denmark (X tons) and Japan (X tons) were the main destinations of glycosides and vegetable alkaloids exports from Sweden, with a combined X% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by India (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), India ($X) and the UK ($X) were the largest markets for glycosides and vegetable alkaloids exported from Sweden worldwide, with a combined X% share of total exports.

India, with a CAGR of X%, recorded the highest growth rate of 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

The average glycosides and vegetable alkaloids export price stood at $X per ton in 2022, dropping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Finland ($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.

Imports of Glycosides And Vegetable Alkaloids

Imports into Sweden

In 2022, after two years of growth, there was significant decline in supplies from abroad of glycosides and vegetable alkaloids, when their volume decreased by X% to X tons. Overall, imports, however, showed a resilient expansion. The pace of growth appeared the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X tons, and then dropped rapidly in the following year.

In value terms, glycosides and vegetable alkaloids imports dropped rapidly to $X in 2022. Over the period under review, imports, however, showed a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then shrank remarkably in the following year.

Imports by Country

Chile (X tons), Germany (X tons) and Denmark (X tons) were the main suppliers of glycosides and vegetable alkaloids imports to Sweden, together accounting for X% of total imports. The UK, Australia, China, the United States, Switzerland and Malaysia lagged somewhat behind, together accounting for a further X%.

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

In value terms, the largest glycosides and vegetable alkaloids suppliers to Sweden were Germany ($X), Chile ($X) and Australia ($X), together accounting for X% of total imports.

Australia, 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

In 2022, the average glycosides and vegetable alkaloids import price amounted to $X per ton, increasing by X% against the previous year. Overall, the import price, however, continues to indicate a pronounced decline. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :