Earlier Report Observations
Between 2018 and 2024, Sweden's acetic acid market transformed significantly, shifting from heavy import reliance towards expanded domestic output and growing exports. While import volumes peaked at over 19 000 tons in 2019, they entered a steady decline thereafter. Concurrently, domestic production, which was negligible in 2020, began a period of rapid growth.
This rise in local production was accompanied by a strong increase in exports, which more than doubled from around 4 000 tons in 2018 to nearly 8 000 tons by 2024. The combined effect of falling imports and rising exports led to a sharp contraction in the total market volume available within Sweden, which was nearly halved between 2020 and 2024.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2020-2021, 2024
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2020-2021, 2024
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Sweden
- 5.1.1. In kind, 2020-2021, 2024, t
- 5.1.2. In value, 2020-2021, 2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, t
- 5.2.2. In value, 2018-2024, K $ US
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5.1. Production in Sweden
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, t
- 6.1.2.1. Annual dynamics of product's imports to Sweden in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's imports in kind to Sweden by countries, 2018-2024, t
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, K $ US
- 6.1.3.1. Annual dynamics of product's imports to Sweden in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's imports in value to Sweden by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's imports to Sweden, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's imports to Sweden by countries, 2018-2024, $ US/t
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, t
- 6.2.2.1. Annual dynamics of product's imports to Sweden in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's imports in kind to Sweden by countries, 2018-2024, t
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, K $ US
- 6.2.3.1. Annual dynamics of product's imports to Sweden in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's imports in value to Sweden by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's imports to Sweden, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's imports to Sweden by countries, 2018-2024, $ US/t
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, t
- 7.1.2.1. Annual dynamics of product's exports from Sweden in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's exports in kind from Sweden by countries, 2018-2024, t
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, K $ US
- 7.1.3.1. Annual dynamics of product's exports from Sweden in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's exports in value from Sweden by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's exports from Sweden, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's exports from Sweden by countries, 2018-2024, $ US/t
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, t
- 7.2.2.1. Annual dynamics of product's exports from Sweden in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's exports in kind from Sweden by countries, 2018-2024, t
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, K $ US
- 7.2.3.1. Annual dynamics of product's exports from Sweden in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's exports in value from Sweden by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's exports from Sweden, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's exports from Sweden by countries, 2018-2024, $ US/t
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7.1. Exports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production acetic acid in Sweden
In value, 2017-2020, K $ US
Annual dynamics of production in Sweden in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
In kind, 2017-2020, t
Annual dynamics of production in Sweden in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Exports acetic acid from Sweden
Exports in kind, t
Sweden's acetic acid exports have grown for the third year in a row. In 2020, the country exported 4 467 tonnes of acetic acid, showing a moderate increase of 9.1% compared to the previous year. Looking at the period from 2017 to 2020, exports rose by 53.1%, which translates to an average annual growth rate of 15.3%.
Annual dynamics of product's exports from Sweden in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 37.5% | 2.0% | 9.1% | 15.3% |
From 2017 to 2020, Norway, Denmark, and France were the main destinations for Sweden's acetic acid exports by volume. Norway accounted for 55.2% of exports, Denmark for 19.2%, and France for 11.4%. Together, these three countries absorbed 85.9% of Sweden's total acetic acid exports during this period.
Structure of product's exports in kind by countries, 2017-2020
World map of product's exports from Sweden in kind, 2017-2020
Exports in value, K $ US
Sweden's acetic acid exports in value terms have declined for the second consecutive year. In 2020, exports amounted to 1 722 thousand US dollars, marking a drop of 2.9% year-over-year. Between 2017 and 2020, exports increased by 28.2%, equating to an annualized growth rate of 8.6%. The highest value was recorded in 2018 at 1 832 thousand US dollars, with the largest increase of 36.4% occurring that year. In 2019, exports saw the largest decline of 3.2%.
Annual dynamics of product's exports from Sweden in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 36.4% | (3.2%) | (2.9%) | 8.6% |
From 2017 to 2020, Denmark, Norway, and France formed the core markets for Sweden's acetic acid exports by value. Denmark represented 43.2% of exports, Norway 28.2%, and France 13.3%. Collectively, these three countries accounted for 84.7% of Sweden's total acetic acid export flows during this timeframe.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Sweden in value, 2017-2020
Imports acetic acid to Sweden
Imports in kind, t
In 2020, Sweden's acetic acid imports from abroad reached 17 452 tonnes, indicating a decline of 9.0% compared to the previous year. Over the period from 2017 to 2020, imports decreased by 8.3%, with an average annual decline of 2.9%. The lowest volume was recorded in 2018 at 15 752 tonnes, while the highest was in 2019 at 19 178 tonnes. The largest decline occurred in 2018 with a drop of 17.3%, and the largest increase was in 2019 with a rise of 21.8%.
Annual dynamics of product's imports to Sweden in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (17.3%) | 21.8% | (9.0%) | (2.9%) |
From 2017 to 2020, the United Kingdom, Belgium, and Norway were the primary suppliers of acetic acid to Sweden by volume. The United Kingdom accounted for 37.0% of imports, Belgium for 33.9%, and Norway for 10.4%. Together, these three countries supplied 81.4% of Sweden's total acetic acid imports during this period.
Structure of product's imports in kind by countries, 2017-2020
World map of product's imports to Sweden in kind, 2017-2020
Imports in value, K $ US
Sweden's acetic acid imports in value terms have fallen for the second year in a row. In 2020, imports amounted to 9 297 thousand US dollars, showing a robust decrease of 17.6% year-over-year. Over the period from 2017 to 2020, imports decreased by 6.7%, with an average annual decline of 2.3%. The highest value was recorded in 2018 at 12 448 thousand US dollars, which also saw the largest increase of 24.9% that year.
Annual dynamics of product's imports to Sweden in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 24.9% | (9.3%) | (17.6%) | (2.3%) |
Throughout 2017 to 2020, the United Kingdom, Belgium, and Norway formed the core of Sweden's acetic acid imports by value. The United Kingdom represented 32.8% of imports, Belgium 29.3%, and Norway 11.9%. Collectively, these three countries accounted for 74.0% of Sweden's total acetic acid import flows during this timeframe.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Sweden in value, 2017-2020
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