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Scandinavia - Copper - Market Analysis, Forecast, Size, Trends and Insights
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View PricingScandinavia: Copper Market 2024
Copper Market Size in Scandinavia
The Scandinavia copper market expanded notably to $X in 2022, increasing by 6.7% against the previous year. Over the period under review, consumption, however, recorded a perceptible decline. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.
Copper Production in Scandinavia
In value terms, copper production skyrocketed to $X in 2022 estimated in export price. In general, production continues to indicate a perceptible reduction. The level of production peaked at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.
Copper Exports
Exports in Scandinavia
Copper exports declined remarkably to X tons in 2022, shrinking by -99.7% compared with 2021 figures. Overall, exports faced a sharp setback. The most prominent rate of growth was recorded in 2016 when exports increased by 82% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2022, the exports remained at a lower figure.
In value terms, copper exports shrank remarkably to $X in 2022. Over the period under review, exports faced a significant decrease. The pace of growth was the most pronounced in 2016 with an increase of 68% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.
Exports by Country
Norway prevails in exports structure, reaching X tons, which was near 93% of total exports in 2022. It was distantly followed by Sweden (X kg), committing a 6.1% share of total exports.
Norway was also the fastest-growing in terms of the copper exports, with a CAGR of -26.5% from 2012 to 2022. Sweden (-28.6%) illustrated a downward trend over the same period. Norway (+92 p.p.) and Sweden (+6.1 p.p.) significantly strengthened its position in terms of the total exports, while the shares of the other countries remained relatively stable throughout the analyzed period.
In value terms, Norway ($X) remains the largest copper supplier in Scandinavia, comprising 96% of total exports. The second position in the ranking was taken by Sweden ($X), with a 2.7% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of value in Norway amounted to -8.6%.
Export Prices by Country
In 2022, the export price in Scandinavia amounted to $X per ton, jumping by 78% against the previous year. In general, the export price enjoyed a buoyant increase. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Norway ($X per ton), while Sweden stood at $X per ton.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+24.4%).
Copper Imports
Imports in Scandinavia
In 2022, approx. X tons of copper were imported in Scandinavia; with a decrease of -97.6% on the previous year's figure. Over the period under review, imports faced a significant curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 100% against the previous year. As a result, imports attained the peak of X tons. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.
In value terms, copper imports fell notably to $X in 2022. Overall, imports showed a dramatic slump. The most prominent rate of growth was recorded in 2016 with an increase of 90% against the previous year. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports failed to regain momentum.
Imports by Country
Sweden was the key importing country with an import of around X tons, which accounted for 56% of total imports. Norway (X tons) held the second position in the ranking, followed by Finland (X tons). All these countries together held near 44% share of total imports.
Imports into Sweden decreased at an average annual rate of -48.9% from 2012 to 2022. Finland (-17.5%) and Norway (-19.9%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Norway and Finland increased by +23 and +20 percentage points, respectively.
In value terms, Norway ($X), Sweden ($X) and Finland ($X) appeared to be the countries with the highest levels of imports in 2022.
Norway, with a CAGR of -12.2%, recorded the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.
Import Prices by Country
The import price in Scandinavia stood at $X per ton in 2022, with an increase of 90% against the previous year. Overall, the import price recorded strong growth. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Norway ($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 (+9.6%), while the other leaders experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the copper market in Scandinavia. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 24441200 - Unrefined copper, copper anodes for electrolytic refining (including blister copper) (excluding electrocopper-plating, e lectroplating anodes)
Country coverage:
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Production in Scandinavia, split by region and country
- Trade (exports and imports) in Scandinavia
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- CONSUMPTION BY COUNTRY
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
- PRODUCTION BY COUNTRY
8. IMPORTS
The Largest Importers on The Market and How They Succeed
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Exporters on The Market and How They Succeed
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
11. COUNTRY PROFILES
The Largest Markets And Their Profiles
This Chapter is Available Only for the Professional Edition PRO- Finland
- Norway
- Sweden
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LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption, By Country, 2018–2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Destination, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Origin, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Consumption, By Country, 2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Production, By Country, 2023
- Production, In Physical Terms, By Country, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, 2012–2023
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