Price for Poly(Lactic Acid); in Primary Forms in Sweden - 2023
Contents:
- Price for Poly(Lactic Acid); in Primary Forms in Sweden (CIF) - 2023
- Price for Poly(Lactic Acid); in Primary Forms in Sweden (FOB) - 2022
- Imports of Poly(Lactic Acid); in Primary Forms in Sweden
- Exports of Poly(Lactic Acid); in Primary Forms in Sweden
Price for Poly(Lactic Acid); in Primary Forms in Sweden (CIF) - 2023
The average import price for poly(lactic acid); in primary formses stood at $4,198 per ton in June 2023, falling by -4.7% against the previous month. Overall, the import price, however, showed pronounced growth. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 510% m-o-m. As a result, import price reached the peak level of $23,600 per ton. From December 2022 to June 2023, the average import prices remained at a somewhat lower figure.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was Germany ($4,799 per ton), while the price for Belgium ($3,265 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.9%), while the prices for the other major suppliers experienced a decline.
Price for Poly(Lactic Acid); in Primary Forms in Sweden (FOB) - 2022
The average export price for poly(lactic acid); in primary formses stood at $8,386 per ton in 2022, falling by -12.9% against the previous year. Over the period under review, the export price, however, posted prominent growth. The most prominent rate of growth was recorded in 2020 when the average export price increased by 81% against the previous year. The export price peaked at $9,625 per ton in 2021, and then contracted in the following year.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($36,243 per ton), while the average price for exports to China ($5,387 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 UK (+46.0%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Poly(Lactic Acid); in Primary Forms in Sweden
After two years of decline, purchases abroad of poly(lactic acid); in primary formses increased by 76% to 1.6K tons in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its volume increased at an average annual rate of +6.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, poly(lactic acid); in primary forms imports surged to $6.1M in 2022. Over the period under review, imports posted significant growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.
| Import of Poly(Lactic Acid); in Primary Forms in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 3.2 | 2.9 | 2.5 | 4.5 | 12.0% |
| Germany | N/A | N/A | N/A | 1.6 | 0% |
| Thailand | N/A | 0.5 | N/A | N/A | 0% |
| Others | 0.3 | 0.1 | 0.2 | 0.1 | -30.7% |
| Total | 3.4 | 3.5 | 2.8 | 6.1 | 21.5% |
Top Suppliers of Poly(Lactic Acid); in Primary Forms to Sweden in 2022:
- Netherlands (1294.2 tons)
- Germany (284.2 tons)
Exports of Poly(Lactic Acid); in Primary Forms in Sweden
In 2022, the amount of poly(lactic acid); in primary formses exported from Sweden skyrocketed to 24 tons, jumping by 137% on 2021. Overall, exports, however, continue to indicate a significant decline.
In value terms, poly(lactic acid); in primary forms exports skyrocketed to $198K in 2022. Over the period under review, exports recorded a temperate increase. The growth pace was the most rapid in 2021 with an increase of 251%. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Poly(Lactic Acid); in Primary Forms in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 3.2 | 9.1 | 8.3 | 73.7 | 184.5% |
| Finland | 1.0 | 1.3 | 17.6 | 69.6 | 311.3% |
| Norway | 0.6 | 5.8 | 5.6 | 41.2 | 309.5% |
| Denmark | 22.6 | 1.8 | 0.8 | 13.5 | -15.8% |
| United Kingdom | 18.4 | N/A | N/A | 0.2 | -77.8% |
| Canada | N/A | N/A | 59.2 | 0.1 | -99.8% |
| Netherlands | 103 | N/A | N/A | N/A | 0% |
| United States | 23.7 | 0.2 | N/A | N/A | -99.2% |
| Others | 0.2 | 9.3 | 4.7 | 0.1 | -20.6% |
| Total | 173 | 27.4 | 96.2 | 198 | 4.6% |
Top Export Markets for Poly(Lactic Acid); in Primary Forms from Sweden in 2022:
- Canada (undefined tons)
- United States (undefined tons)
- United Kingdom (undefined tons)
- China (13.7 tons)
- Finland (7.0 tons)
- Norway (2.6 tons)
- Denmark (0.4 tons)
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