The UK, Norway and Finland Benefit from Rising Sweden’s Ethylene Imports
Oct 14, 2021
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Sweden is rapidly ramping up ethylene imports. In the first half of 2021, Sweden purchased 100K tons of ethylene. Last year, imports spiked from $125M to $388M, or from 116K tons to 525K tons in physical terms. The UK, Norway and Finland supply 80% of Sweden's ethylene imports. In 2020, the UK's exports rose fourfold, while Norway's and Finland's recorded an eightfold increase. The average ethylene import price dropped by -31.8% y-o-y to $739 per ton.