Scandinavia: Market for Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives 2024

Market Size for Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives in Scandinavia

The Scandinavia market for acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives skyrocketed to $X in 2022, with an increase of X% against the previous year. The total consumption indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives in Scandinavia

In value terms, production of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives expanded to $X in 2022 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production of growth remained at a lower figure.

Exports of Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives

Exports in Scandinavia

After three years of growth, overseas shipments of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives decreased by X% to X tons in 2022. Overall, exports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2020 when exports increased by X%. Over the period under review, the exports of hit record highs at X tons in 2015; however, from 2016 to 2022, the exports failed to regain momentum.

In value terms, exports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives fell significantly to $X in 2022. Over the period under review, exports faced a deep setback. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. Over the period under review, the exports of attained the maximum at $X in 2021, and then fell notably in the following year.

Exports by Country

In 2022, Sweden (X tons) was the largest exporter of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives in Scandinavia, making up X% of total export.

Sweden was also the fastest-growing in terms of the acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives exports, with a CAGR of X% from 2012 to 2022. Sweden (X p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) also remains the largest acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives supplier in Scandinavia.

In Sweden, exports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives declined by an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per ton, waning by X% against the previous year. Overall, the export price recorded a noticeable slump. The pace of growth appeared the most rapid in 2017 when the export price increased by X%. Over the period under review, the export prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to X% per year.

Imports of Acetals And Hemiacetals And Their Halogenated; Sulphonated; Nitrated Or Nitrosated Derivatives

Imports in Scandinavia

Imports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives surged to X tons in 2022, picking up by X% compared with the year before. Overall, imports, however, saw a abrupt setback. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, imports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives surged to $X in 2022. In general, imports, however, saw a abrupt decline. The pace of growth was the most pronounced in 2018 when imports increased by X%. Over the period under review, imports of attained the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Finland was the key importing country with an import of around X tons, which amounted to X% of total imports. Sweden (X tons) ranks second in terms of the total imports with a X% share, followed by Norway (X%).

Finland was also the fastest-growing in terms of the acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives imports, with a CAGR of X% from 2012 to 2022. Sweden (X%) and Norway (X%) illustrated a downward trend over the same period. While the share of Finland (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Norway (X p.p.) and Sweden (X p.p.) displayed negative dynamics.

In value terms, Finland ($X) constitutes the largest market for imported acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives in Scandinavia, comprising X% of total imports. The second position in the ranking was held by Sweden ($X), with a X% share of total imports.

In Finland, imports of acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives remained relatively stable over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Sweden (X% per year) and Norway (X% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2022, picking up by X% against the previous year. Import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for acetals and hemiacetals and their halogenated; sulphonated; nitrated or nitrosated derivatives increased by X% against 2019 indices. The growth pace was the most rapid in 2021 an increase of X%. Over the period under review, import prices reached the maximum in 2022 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Norway ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform