Petroleum Jelly Price in Sweden - 2023
Contents:
- Petroleum Jelly Price in Sweden (CIF) - 2022
- Petroleum Jelly Price in Sweden (FOB) - 2022
- Petroleum Jelly Imports in Sweden
- Petroleum Jelly Exports in Sweden
Petroleum Jelly Price in Sweden (CIF) - 2022
The average petroleum jelly import price stood at $3,434 per ton in 2022, surging by 14% against the previous year. Overall, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +4.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, petroleum jelly import price increased by +74.7% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of 28% against the previous year. The import price peaked in 2022 and is likely to see gradual 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 Belgium ($7,954 per ton), while the price for Hungary ($2,498 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Petroleum Jelly Price in Sweden (FOB) - 2022
In 2022, the average petroleum jelly export price amounted to $3,522 per ton, which is down by -46.6% against the previous year. Over the period under review, the export price recorded a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when the average export price increased by 55% against the previous year. As a result, the export price reached the peak level of $9,742 per ton. From 2021 to 2022, the average export prices remained at a somewhat lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($16,808 per ton), while the average price for exports to Italy ($2,364 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 Finland (+11.3%), while the prices for the other major destinations experienced mixed trend patterns.
Petroleum Jelly Imports in Sweden
In 2022, approx. 374 tons of petroleum jellies were imported into Sweden; leveling off at 2021 figures. Overall, imports showed a abrupt slump.
In value terms, petroleum jelly imports reached $1.3M in 2022. The total import value increased at an average annual rate of +2.0% from 2019 to 2022; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 15%. Imports peaked in 2022 and are likely to continue growth in the immediate term.
| Import of Petroleum Jelly in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 515 | 462 | 376 | 473 | -2.8% |
| Germany | 327 | 287 | 211 | 345 | 1.8% |
| Spain | 9.2 | 2.1 | 58.8 | 128 | 140.5% |
| Hungary | 136 | 90.3 | 112 | 84.9 | -14.5% |
| Belgium | 78.8 | 34.6 | 135 | 57.3 | -10.1% |
| United Kingdom | 69.2 | 47.6 | 47.8 | 45.8 | -12.9% |
| United States | 54.1 | 15.3 | 98.6 | 20.4 | -27.8% |
| Others | 21.9 | 53.9 | 99.4 | 132 | 82.0% |
| Total | 1,212 | 993 | 1,139 | 1,286 | 2.0% |
Top Suppliers of Petroleum Jelly to Sweden in 2022:
- Netherlands (155.0 tons)
- Germany (114.7 tons)
- Hungary (34.0 tons)
- Spain (34.0 tons)
- United Kingdom (8.3 tons)
- Belgium (7.2 tons)
- United States (3.1 tons)
Petroleum Jelly Exports in Sweden
In 2022, exports of petroleum jellies from Sweden dropped to 36 tons, which is down by -11.1% compared with the previous year's figure. In general, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2021 when exports increased by 31% against the previous year.
In value terms, petroleum jelly exports reduced sharply to $128K in 2022. Over the period under review, exports continue to indicate a dramatic slump. The smallest decline of -11.1% was in 2020.
| Export of Petroleum Jelly in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 0.7 | 3.0 | 23.3 | 29.2 | 246.8% |
| Norway | 7.4 | 10.2 | 31.7 | 19.8 | 38.8% |
| Finland | 11.3 | 23.9 | 14.3 | 16.8 | 14.1% |
| China | 24.1 | 19.7 | 134 | 14.0 | -16.6% |
| South Korea | 1.0 | N/A | N/A | 7.2 | 93.1% |
| Qatar | N/A | N/A | N/A | 6.0 | 0% |
| United Kingdom | 5.8 | 0.2 | 2.8 | 5.9 | 0.6% |
| Taiwan (Chinese) | 0.6 | N/A | 2.9 | 4.0 | 88.2% |
| Italy | 4.9 | 1.6 | 1.6 | 3.8 | -8.1% |
| Switzerland | 0.6 | 0.2 | 2.8 | 3.3 | 76.5% |
| Poland | 8.3 | 8.2 | 9.0 | 3.2 | -27.2% |
| France | 3.8 | 3.8 | 4.4 | 3.0 | -7.6% |
| Singapore | 1.3 | N/A | 2.9 | 2.7 | 27.6% |
| Others | 273 | 234 | 40.8 | 9.5 | -67.4% |
| Total | 342 | 304 | 270 | 128 | -27.9% |
Top Export Markets for Petroleum Jelly from Sweden in 2022:
- Germany (12.3 tons)
- South Korea (3.1 tons)
- Qatar (2.5 tons)
- United Kingdom (2.5 tons)
- China (2.4 tons)
- Norway (1.8 tons)
- Taiwan (Chinese) (1.7 tons)
- Italy (1.6 tons)
- Switzerland (1.4 tons)
- Poland (1.3 tons)
- France (1.3 tons)
- Singapore (1.1 tons)
- Finland (1.0 tons)
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