Price for Carbides, Whether or Not Chemically Defined in Sweden - 2023
Contents:
- Price for Carbides, Whether or Not Chemically Defined in Sweden (CIF) - 2023
- Price for Carbides, Whether or Not Chemically Defined in Sweden (FOB) - 2022
- Imports of Carbides, Whether or Not Chemically Defined in Sweden
- Exports of Carbides, Whether or Not Chemically Defined in Sweden
Price for Carbides, Whether or Not Chemically Defined in Sweden (CIF) - 2023
In October 2023, the average import price for carbides, whether or not chemically defineds amounted to $6,449 per ton, leveling off at the previous month. Overall, the import price continues to indicate a noticeable descent. The most prominent rate of growth was recorded in January 2023 an increase of 87% against the previous month. The import price peaked at $10,897 per ton in May 2023; however, from June 2023 to October 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In October 2023, the country with the highest price was South Korea ($52,598 per ton), while the price for Norway amounted to $3,623 per ton.
From October 2022 to October 2023, the most notable rate of growth in terms of prices was attained by Norway (+1.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Carbides, Whether or Not Chemically Defined in Sweden (FOB) - 2022
The average export price for carbides, whether or not chemically defineds stood at $1,459 per ton in 2022, dropping by -10.4% against the previous year. Over the period under review, the export price saw a noticeable reduction. The pace of growth was the most pronounced in 2020 when the average export price increased by 13%. Over the period under review, the average export prices hit record highs at $2,029 per ton in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Italy ($2,654 per ton), while the average price for exports to Belgium ($802 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 Netherlands (+25.9%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Carbides, Whether or Not Chemically Defined in Sweden
After three years of growth, overseas purchases of carbides, whether or not chemically defineds decreased by -7.1% to 22K tons in 2022. The total import volume increased at an average annual rate of +7.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2020 when imports increased by 20%.
In value terms, imports of carbides, whether or not chemically defineds expanded to $158M in 2022. Over the period under review, total imports indicated a resilient expansion from 2019 to 2022: its value increased at an average annual rate of +8.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.1% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 58%. Over the period under review, imports of hit record highs in 2022 and are likely to continue growth in the near future.
| Import of Carbides, Whether or Not Chemically Defined in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Austria | 73.6 | 45.8 | 91.9 | 96.8 | 9.6% |
| Norway | 26.7 | 34.7 | 36.7 | 22.0 | -6.3% |
| Germany | 11.7 | 5.2 | 9.2 | 13.6 | 5.1% |
| China | 0.6 | 0.5 | 1.7 | 9.9 | 154.6% |
| Belgium | 1.6 | 1.3 | 2.2 | 1.8 | 4.0% |
| Vietnam | N/A | 0.2 | 0.2 | 0.8 | 100.0% |
| Others | 10.8 | 9.2 | 11.1 | 13.1 | 6.6% |
| Total | 125 | 96.9 | 153 | 158 | 8.1% |
Top Suppliers of Carbides, Whether or Not Chemically Defined to Sweden in 2022:
- Norway (9.4K tons)
- Germany (4.2K tons)
- Austria (2.9K tons)
- China (2.8K tons)
- Belgium (1.1K tons)
- Vietnam (0.7K tons)
Exports of Carbides, Whether or Not Chemically Defined in Sweden
In 2022, exports of carbides, whether or not chemically defineds from Sweden contracted slightly to 25K tons, remaining constant against 2021 figures. Over the period under review, exports saw a perceptible decrease.
In value terms, exports of carbides, whether or not chemically defineds contracted to $36M in 2022. In general, exports recorded a perceptible decrease. The most prominent rate of growth was recorded in 2020 with an increase of 7.4% against the previous year. As a result, the exports attained the peak of $42M. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
| Export of Carbides, Whether or Not Chemically Defined in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Hungary | 19.4 | 24.3 | 17.9 | 10.3 | -19.0% |
| Poland | 4.0 | 3.0 | 1.2 | 7.1 | 21.1% |
| Finland | 2.1 | 2.2 | 3.0 | 5.4 | 37.0% |
| Belgium | 3.3 | 2.5 | 3.2 | 3.8 | 4.8% |
| United Kingdom | 0.9 | 0.8 | 1.1 | 2.2 | 34.7% |
| Czech Republic | 0.7 | 0.5 | 1.3 | 1.9 | 39.5% |
| Germany | 3.4 | 2.5 | 3.2 | 1.3 | -27.4% |
| Norway | 0.7 | 1.0 | 0.9 | 1.0 | 12.6% |
| Denmark | 1.0 | 1.2 | 1.6 | 0.5 | -20.6% |
| Others | 3.9 | 4.2 | 7.0 | 2.6 | -12.6% |
| Total | 39.4 | 42.3 | 40.5 | 36.1 | -2.9% |
Top Export Markets for Carbides, Whether or Not Chemically Defined from Sweden in 2022:
- Poland (6.1K tons)
- Belgium (4.7K tons)
- Hungary (4.1K tons)
- Finland (3.9K tons)
- Czech Republic (1.5K tons)
- Germany (1.4K tons)
- United Kingdom (1.2K tons)
- Norway (0.8K tons)
- Denmark (0.3K tons)
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