Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Sweden - 2024

Contents:

1. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Sweden (CIF) - 2022
2. Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Sweden (FOB) - 2024
3. Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Sweden
4. Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Sweden

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Sweden (CIF) - 2022

The average import price for containers for compressed or liquefied gas, of iron or steel stood at $14 per unit in 2022, surging by 40% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The import price peaked at $19 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Germany ($97 per unit), while the price for Norway ($1.6 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+15.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Containers for Compressed or Liquefied Gas, of Iron or Steel in Sweden (FOB) - 2024

In February 2024, the average export price for containers for compressed or liquefied gas, of iron or steel amounted to $15.8 per unit, jumping by 108% against the previous month. Overall, the export price, however, recorded a mild descent. The export price peaked at $18.5 per unit in February 2023; however, from March 2023 to February 2024, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Norway.

From February 2023 to February 2024, the rate of growth in terms of prices for Norway amounted to -1.1% per month.

Imports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Sweden

For the fourth year in a row, Sweden recorded growth in overseas purchases of containers for compressed or liquefied gas, of iron or steel, which increased by 7.7% to 1.8M units in 2022. The total import volume increased at an average annual rate of +11.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2020 when imports increased by 19% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of containers for compressed or liquefied gas, of iron or steel skyrocketed to $25M in 2022. Over the period under review, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +10.2% 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 +70.1% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Top Suppliers of Containers for Compressed or Liquefied Gas, of Iron or Steel to Sweden in 2022:

1. Norway (1582.3K units)
2. Germany (74.6K units)
3. Austria (56.7K units)

Exports of Containers for Compressed or Liquefied Gas, of Iron or Steel in Sweden

In 2022, the amount of containers for compressed or liquefied gas, of iron or steel exported from Sweden soared to 837K units, jumping by 33% on the previous year. Overall, total exports indicated a noticeable increase from 2019 to 2022: its volume increased at an average annual rate of +4.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.5% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of containers for compressed or liquefied gas, of iron or steel contracted markedly to $10M in 2022. In general, exports, however, recorded a drastic downturn. The pace of growth was the most pronounced in 2021 when exports increased by 195% against the previous year. As a result, the exports attained the peak of $25M, and then contracted rapidly in the following year.

Top Export Markets for Containers for Compressed or Liquefied Gas, of Iron or Steel from Sweden in 2022:

1. Norway (797.8K units)
2. United States (11.0K units)

Source: IndexBox Market Intelligence Platform