Sweden: Market for Refractory Products of Siliceous or Diatomite Earths 2024

Market Size for Refractory Products of Siliceous or Diatomite Earths in Sweden

For the third year in a row, the Swedish market for refractory products of siliceous or diatomite earths recorded growth in sales value, which increased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the market hit record highs in 2022 and is likely to see steady growth in the immediate term.

Production of Refractory Products of Siliceous or Diatomite Earths in Sweden

In value terms, production of refractory products of siliceous or diatomite earths totaled $X in 2022 estimated in export price. Over the period under review, the total production indicated moderate growth from 2012 to 2022: its value 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, production decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, production of hit record highs at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Exports of Refractory Products of Siliceous or Diatomite Earths

Exports from Sweden

In 2022, overseas shipments of refractory products of siliceous or diatomite earths decreased by X% to X tons, falling for the second consecutive year after five years of growth. Overall, exports, however, posted prominent growth. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. Over the period under review, the exports of hit record highs at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, exports of refractory products of siliceous or diatomite earths fell remarkably to $X in 2022. Over the period under review, exports, however, continue to indicate a buoyant increase. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs at $X in 2021, and then plummeted in the following year.

Exports by Country

Norway (X tons), Russia (X tons) and Finland (X tons) were the main destinations of exports of refractory products of siliceous or diatomite earths 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 Finland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for refractory products of siliceous or diatomite earths exported from Sweden were the UK ($X), Norway ($X) and Russia ($X), with a combined X% share of total exports.

The UK, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the average export price for refractory products of siliceous or diatomite earths amounted to $X per ton, jumping by X% against the previous year. Overall, the export price continues to indicate noticeable growth. The pace of growth was the most pronounced in 2021 an increase of X%. The export price peaked in 2022 and is expected to retain growth in years to come.

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 the UK ($X per ton), while the average price for exports to Russia ($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 Refractory Products of Siliceous or Diatomite Earths

Imports into Sweden

In 2022, overseas purchases of refractory products of siliceous or diatomite earths increased by X% to X tons, rising for the third consecutive year after three years of decline. Overall, imports saw strong growth. The pace of growth was the most pronounced in 2014 with an increase of X%. Over the period under review, imports of attained the maximum in 2022 and are likely to see steady growth in years to come.

In value terms, imports of refractory products of siliceous or diatomite earths soared to $X in 2022. Over the period under review, imports continue to indicate a significant increase. The pace of growth appeared the most rapid in 2021 when imports increased by X%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see steady growth in the near future.

Imports by Country

Denmark (X tons), Italy (X tons) and Poland (X tons) were the main suppliers of imports of refractory products of siliceous or diatomite earths to Sweden, together accounting for X% of total imports.

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

In value terms, Denmark ($X) constituted the largest supplier of refractory products of siliceous or diatomite earths to Sweden, comprising X% of total imports. The second position in the ranking was held by Italy ($X), with a X% share of total imports. It was followed by Latvia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Denmark stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Latvia (X% per year).

Import Prices by Country

The average import price for refractory products of siliceous or diatomite earths stood at $X per ton in 2022, growing by X% against the previous year. Overall, the import price recorded a buoyant expansion. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is expected to retain 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 Latvia ($X per ton), while the price for Poland ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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