Sweden: Man-Made Filament Yarn Market 2024

Man-Made Filament Yarn Market Size in Sweden

The Swedish man-made filament yarn market rose rapidly to $X in 2022, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption, however, continues to indicate a slight increase. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market failed to regain momentum.

Man-Made Filament Yarn Exports

Exports from Sweden

In 2022, the amount of man-made filament yarn exported from Sweden declined to X tons, reducing by X% compared with the previous year's figure. Overall, exports saw a perceptible slump. The growth pace was the most rapid in 2016 when exports increased by X%. The exports peaked at X tons in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, man-made filament yarn exports contracted slightly to $X in 2022. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2018 when exports increased by X% against the previous year. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Finland (X tons) was the main destination for man-made filament yarn exports from Sweden, with a X% share of total exports. Moreover, man-made filament yarn exports to Finland exceeded the volume sent to the second major destination, Denmark (X tons), twofold. The third position in this ranking was held by Estonia (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Finland totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (X% per year) and Estonia (X% per year).

In value terms, Denmark ($X), Finland ($X) and Norway ($X) were the largest markets for man-made filament yarn exported from Sweden worldwide, together comprising X% of total exports. China, Estonia, Poland, Germany, the United States and Saudi Arabia lagged somewhat behind, together accounting for a further X%.

Estonia, with a CAGR of X%, recorded the highest growth rate of 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 man-made filament yarn export price amounted to $X per ton, surging by X% against the previous year. Over the period under review, export price indicated a tangible expansion from 2012 to 2022: its price 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, man-made filament yarn export price decreased by X% against 2019 indices. The most prominent rate of growth was recorded in 2019 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 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

Man-Made Filament Yarn Imports

Imports into Sweden

Man-made filament yarn imports into Sweden fell slightly to X tons in 2022, waning by X% on 2021. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by X%. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, man-made filament yarn imports stood at $X in 2022. Overall, imports, however, enjoyed a slight increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, Germany (X tons) constituted the largest supplier of man-made filament yarn to Sweden, accounting for a X% share of total imports. Moreover, man-made filament yarn imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. China (X tons) ranked third in terms of total imports with a X% share.

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

In value terms, the largest man-made filament yarn suppliers to Sweden were Germany ($X), Italy ($X) and China ($X), together comprising X% of total imports. South Africa, the UK, Turkey and Norway lagged somewhat behind, together comprising a further X%.

South Africa, with a CAGR of X%, recorded the highest rates of growth with regard to 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

In 2022, the average man-made filament yarn import price amounted to $X per ton, jumping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2014 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton. From 2015 to 2022, the average 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 the UK ($X per ton), while the price for China ($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 UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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