Sweden: Petroleum Market 2020

Petroleum Market Size in Sweden

The revenue of the petroleum market in Sweden amounted to $X in 2017, going up by X% against the previous year. Overall, petroleum consumption continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, with an increase of X% year-to-year. Sweden petroleum consumption peaked of $X in 2013; however, from 2014 to 2017, it failed to regain its momentum.

Petroleum Production in Sweden

In 2017, the amount of petroleum produced in Sweden amounted to X tonnes, approximately mirroring the previous year. The total output volume increased an average annual rate of +X% over the period from 2007 to 2017; the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2016, with an increase of X% year-to-year. In that year, the petroleum production reached their peak volume of X tonnes, leveling off in the following year.

Petroleum Exports from Sweden

Petroleum exports from Sweden totaled X tonnes in 2017, lowering by -X% against the previous year. Overall, petroleum exports continue to indicate a modest growth. The growth pace was the most rapid in 2008, with an increase of X% against the previous year. Sweden exports peaked of X tonnes in 2016, and then declined slightly in the following year.

In value terms, petroleum exports stood at $X in 2017. Overall, petroleum exports continue to indicate a relatively flat trend pattern. Sweden exports peaked of $X in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Petroleum Exports by Country from Sweden

In 2017, the U.S. (X tonnes), followed by Russia (X tonnes), Singapore (X tonnes), the Netherlands (X tonnes), South Korea (X tonnes) and India (X tonnes) represented the main exporters of petroleum, together generating X% of total exports. The following exporters - China (X tonnes), Belgium (X tonnes), Saudi Arabia (X tonnes), the United Arab Emirates (X tonnes), Canada (X tonnes) and Malaysia (X tonnes) together made up X% of total exports.

From 2007 to 2017, the most notable rate of growth in terms of exports, amongst the main exporting countries, was attained by the U.S. (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest petroleum markets worldwide were the U.S. ($X), Russia ($X) and Singapore ($X), together comprising X% of total exports.

The U.S. (+X% per year) experienced the highest growth rate of exports, among the main exporting countries over the last decade, while the other leaders experienced more modest paces of growth.

Petroleum Export Prices by Country in Sweden

In 2017, the petroleum export price in Sweden amounted to $X per tonne, going up by X% against the previous year. In general, petroleum export price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2008, when it surged by X% y-o-y. Over the period under review, the export prices for petroleum attained its maximum level of $X per tonne in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Export prices varied noticeably by the country of destination; the country with the highest export price was the United Arab Emirates ($X per tonne), while the U.S. ($X per tonne) was amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the United Arab Emirates (+X% per year), while the other leaders experienced more modest paces of growth.

Petroleum Imports into Sweden

Petroleum imports into Sweden totaled X tonnes in 2017, shrinking by -X% against the previous year. Overall, petroleum imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013, with an increase of X% against the previous year. Over the period under review, the petroleum imports reached its maximum volume of X tonnes in 2008; however, from 2009 to 2017, it failed to regain its momentum.

In value terms, petroleum imports totaled $X in 2017. In general, the total imports indicated a mild growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the petroleum imports increased by +X% against 2015 indices. Over the period under review, the petroleum imports attained its maximum level of $X in 2013; however, from 2014 to 2017, it stood at a somewhat lower level.

Petroleum Imports by Country into Sweden

The U.S. (X tonnes) and Singapore (X tonnes) represented roughly X% of total imports of petroleum in 2017. It was followed by the Netherlands (X tonnes), constituting X% share of total imports. Mexico (X tonnes), Belgium (X tonnes), Germany (X tonnes), Malaysia (X tonnes), France (X tonnes), China (X tonnes), the UK (X tonnes), Indonesia (X tonnes) and Canada (X tonnes) held the slight share of total imports.

From 2007 to 2017, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Malaysia (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, the largest petroleum markets worldwide were the U.S. ($X), Singapore ($X) and the Netherlands ($X), together comprising X% of total imports. Mexico, Germany, Belgium, France, the UK, Malaysia, Indonesia, China, Canada and Sweden lagged somewhat behind, together accounting for a further X%.

Among the main importing countries , Malaysia (+X% per year) experienced the highest rates of growth with regard to imports, over the last decade, while the other leaders experienced more modest paces of growth.

Petroleum Import Prices by Country in Sweden

In 2017, the petroleum import price in Sweden amounted to $X per tonne, picking up by X% against the previous year. In general, petroleum import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2011, when the import prices increased by X% year-to-year. Over the period under review, the import prices for petroleum reached its maximum level of $X per tonne in 2012; however, from 2013 to 2017, it failed to regain its momentum.

Average import prices varied somewhat amongst the major importing countries. In 2017, major importing countries recorded the following import prices: in the UK ($X per tonne) and Germany ($X per tonne), while China ($X per tonne) and Canada ($X per tonne) were amongst the lowest.

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by Singapore (+X% per year), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform