Sweden: Odoriferous Substance Mixture Market 2024

Odoriferous Substance Mixture Market Size in Sweden

The Swedish odoriferous substance mixture market soared to $X in 2022, surging by X% against the previous year. In general, consumption showed a strong increase. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in years to come.

Odoriferous Substance Mixture Production in Sweden

In value terms, odoriferous substance mixture production soared to $X in 2022 estimated in export price. Overall, production continues to indicate moderate growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Odoriferous Substance Mixture Exports

Exports from Sweden

In 2022, approx. X tons of mixtures of odoriferous substances and their preparations were exported from Sweden; dropping by X% compared with 2021 figures. In general, exports, however, posted slight growth. The pace of growth appeared the most rapid in 2018 when exports increased by X%. The exports peaked at X tons in 2021, and then dropped slightly in the following year.

In value terms, odoriferous substance mixture exports totaled $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

Denmark (X tons), Norway (X tons) and the Netherlands (X tons) were the main destinations of odoriferous substance mixture 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 Denmark (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) remains the key foreign market for mixtures of odoriferous substances and their preparations exports from Sweden, comprising X% of total exports. The second position in the ranking was taken by Denmark ($X), with a X% share of total exports. It was followed by Norway, with a X% share.

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

Export Prices by Country

In 2022, the average odoriferous substance mixture export price amounted to $X per ton, rising by X% against the previous year. In general, the export price, however, saw a mild curtailment. The growth pace was the most rapid in 2020 an increase of 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.

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 the Netherlands ($X per ton), while the average price for exports to Norway ($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 Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Odoriferous Substance Mixture Imports

Imports into Sweden

In 2022, the amount of mixtures of odoriferous substances and their preparations imported into Sweden contracted modestly to X tons, shrinking by X% against 2021 figures. In general, imports, however, showed mild growth. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2022, imports failed to regain momentum.

In value terms, odoriferous substance mixture imports totaled $X in 2022. Overall, imports, however, continue to indicate buoyant growth. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.

Imports by Country

Ireland (X tons), the Netherlands (X tons) and Germany (X tons) were the main suppliers of odoriferous substance mixture imports to Sweden, together comprising X% of total imports.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of X%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, Ireland ($X) constituted the largest supplier of mixtures of odoriferous substances and their preparations to Sweden, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

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

Import Prices by Country

The average odoriferous substance mixture import price stood at $X per ton in 2022, surging by X% against the previous year. Over the period under review, the import price posted buoyant growth. The most prominent rate of growth was recorded in 2021 an increase of X%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady 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 Ireland ($X per ton), while the price for Belgium ($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 United States (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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