Sweden: Titanium Dioxide Pigments Market 2024

Titanium Dioxide Pigments Market Size in Sweden

In 2022, the Swedish titanium dioxide pigments market decreased by X% to $X, falling for the fourth consecutive year after three years of growth. Over the period under review, consumption recorded a perceptible descent. Titanium dioxide pigments consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Titanium Dioxide Pigments Production in Sweden

In value terms, titanium dioxide pigments production totaled $X in 2022 estimated in export price. Overall, production, however, posted a resilient expansion. The pace of growth was the most pronounced in 2018 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a somewhat lower figure.

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Titanium Dioxide Pigments Exports

Exports from Sweden

In 2022, after two years of growth, there was significant decline in shipments abroad of titanium dioxide pigments and colouring preparations, when their volume decreased by X% to X tons. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2015 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X tons in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, titanium dioxide pigments exports expanded modestly to $X in 2022. Overall, total exports indicated a moderate increase 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, exports increased by X% against 2020 indices. The growth pace was the most rapid in 2017 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Germany (X tons) was the main destination for titanium dioxide pigments exports from Sweden, accounting for a X% share of total exports. Moreover, titanium dioxide pigments exports to Germany exceeded the volume sent to the second major destination, Norway (X tons), fourfold. France (X tons) ranked third in terms of total exports with an X% share.

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

In value terms, Germany ($X) remains the key foreign market for titanium dioxide pigments and colouring preparations exports from Sweden, comprising X% of total exports. The second position in the ranking was held by Norway ($X), with a X% share of total exports. It was followed by Denmark, with an X% share.

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

Export Prices by Country

In 2022, the average titanium dioxide pigments export price amounted to $X per ton, surging by X% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average export price increased by X%. Over the period under review, the average export prices attained the maximum at $X per ton in 2012; afterwards, it flattened through to 2022.

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

Titanium Dioxide Pigments Imports

Imports into Sweden

In 2022, purchases abroad of titanium dioxide pigments and colouring preparations decreased by X% to X tons, falling for the fifth year in a row after six years of growth. Overall, imports recorded a mild downturn. The most prominent rate of growth was recorded in 2015 with an increase of X%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, titanium dioxide pigments imports declined modestly to $X in 2022. Over the period under review, imports showed a noticeable decline. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Norway (X tons) constituted the largest titanium dioxide pigments supplier to Sweden, with a X% share of total imports. Moreover, titanium dioxide pigments imports from Norway exceeded the figures recorded by the second-largest supplier, Italy (X tons), fourfold. Germany (X tons) ranked third in terms of total imports with an X% share.

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

In value terms, Norway ($X) constituted the largest supplier of titanium dioxide pigments and colouring preparations to Sweden, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by Italy, with an X% share.

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

Import Prices by Country

In 2022, the average titanium dioxide pigments import price amounted to $X per ton, growing by X% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 when the average import price increased by X%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from France ($X per ton) and Finland ($X per ton), while the price for the Netherlands ($X per ton) and Belgium ($X per ton) were amongst the lowest.

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

Source: IndexBox Platform

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