Sweden: Market for Rosin And Resin Acids And Derivatives 2024

Market Size for Rosin And Resin Acids And Derivatives in Sweden

In 2022, the Swedish rosin and resin acids market increased by X% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, recorded a relatively flat trend pattern. Rosin and resin acids consumption peaked at $X in 2013; however, from 2014 to 2022, consumption failed to regain momentum.

Production of Rosin And Resin Acids And Derivatives in Sweden

In value terms, rosin and resin acids production expanded modestly to $X in 2022 estimated in export price. In general, production, however, recorded a perceptible slump. The most prominent rate of growth was recorded in 2015 when the production volume increased by X%. Rosin and resin acids production peaked at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

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Exports of Rosin And Resin Acids And Derivatives

Exports from Sweden

In 2022, overseas shipments of rosin and resin acids and derivatives decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports saw a mild setback. The pace of growth was the most pronounced in 2015 when exports increased by X%. Over the period under review, the exports hit record highs at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, rosin and resin acids exports soared to $X in 2022. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X tons), Germany (X tons) and France (X tons) were the main destinations of rosin and resin acids exports from Sweden, together accounting for X% of total exports. Italy, India, Turkey and the United States lagged somewhat behind, together accounting for a further X%.

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

In value terms, the UK ($X), France ($X) and Germany ($X) were the largest markets for rosin and resin acids exported from Sweden worldwide, together accounting for X% of total exports. Italy, the United States, India and Turkey lagged somewhat behind, together accounting for a further X%.

The United States, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of 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 rosin and resin acids export price stood at $X per ton in 2022, picking up by X% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. Over the period under review, the average export prices reached the peak figure at $X per ton in 2014; afterwards, it flattened through to 2022.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Germany ($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 United States (X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Rosin And Resin Acids And Derivatives

Imports into Sweden

In 2022, rosin and resin acids imports into Sweden reached X tons, picking up by X% compared with the previous year. Overall, imports enjoyed a pronounced expansion. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, rosin and resin acids imports amounted to $X in 2022. Over the period under review, imports, however, recorded a mild shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X tons) constituted the largest rosin and resin acids supplier to Sweden, accounting for a X% share of total imports. Moreover, rosin and resin acids imports from the United States exceeded the figures recorded by the second-largest supplier, France (X tons), sevenfold. The third position in this ranking was taken by the Netherlands (X tons), with an X% share.

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

In value terms, the United States ($X), France ($X) and Belgium ($X) were the largest rosin and resin acids suppliers to Sweden, together accounting for X% of total imports.

The United States, with a CAGR of X%, saw the highest growth rate of 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 rosin and resin acids import price stood at $X per ton in 2022, reducing by X% against the previous year. Over the period under review, the import price showed a abrupt curtailment. The pace of growth appeared the most rapid in 2018 an increase of X%. 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 Belgium ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform