Market research

Acetone market in Sweden

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

The Swedish acetone market experienced a decline in physical volume between 2020 and 2023, dropping from 4 118 tons to 3 589 tons. This contraction in market volume was accompanied by a sharp reduction in domestic production, which fell from 58 tons to just 16 tons over the same period.

In value terms, the market showed volatility: it surged from 4.1 million USD in 2020 to 5.9 million USD in 2021, before retreating to 4.3 million USD in 2023. The disparity between volume and value movements indicates significant shifts in pricing or market structure during these years.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators
1. 4.1. In kind
  1. 4.1.1. Production, 2020-2021, 2023
  2. 4.1.2. Imports, 2018-2024
  3. 4.1.3. Exports, 2018-2024
  4. 4.1.4. Market size, 2020-2021, 2023
2. 4.2. In value
  1. 4.2.1. Production, 2020-2021, 2023
  2. 4.2.2. Imports, 2018-2024
  3. 4.2.3. Exports, 2018-2024
  4. 4.2.4. Market size, 2020-2021, 2023
5. Production
1. 5.1. Production in Sweden
  1. 5.1.1. In kind, 2020-2021, 2023, kg
  2. 5.1.2. In value, 2020-2021, 2023, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, kg
  2. 5.2.2. In value, 2018-2024, K $ US
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, t
    1. 6.1.2.1. Annual dynamics of product's imports to Sweden in kind, 2018-2024, t
    2. 6.1.2.2. Dynamics of product's imports in kind to Sweden by countries, 2018-2024, t
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Sweden in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Sweden by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/t
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Sweden, 2018-2024, $ US/t
    2. 6.1.4.2. Dynamics of average price of product's imports to Sweden by countries, 2018-2024, $ US/t
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, t
    1. 6.2.2.1. Annual dynamics of product's imports to Sweden in kind, 2018-2024, t
    2. 6.2.2.2. Dynamics of product's imports in kind to Sweden by countries, 2018-2024, t
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Sweden in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Sweden by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/t
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Sweden, 2018-2024, $ US/t
    2. 6.2.4.2. Dynamics of average price of product's imports to Sweden by countries, 2018-2024, $ US/t
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, t
    1. 7.1.2.1. Annual dynamics of product's exports from Sweden in kind, 2018-2024, t
    2. 7.1.2.2. Dynamics of product's exports in kind from Sweden by countries, 2018-2024, t
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Sweden in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Sweden by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/t
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Sweden, 2018-2024, $ US/t
    2. 7.1.4.2. Dynamics of average price of product's exports from Sweden by countries, 2018-2024, $ US/t
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, t
    1. 7.2.2.1. Annual dynamics of product's exports from Sweden in kind, 2018-2024, t
    2. 7.2.2.2. Dynamics of product's exports in kind from Sweden by countries, 2018-2024, t
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Sweden in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Sweden by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/t
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Sweden, 2018-2024, $ US/t
    2. 7.2.4.2. Dynamics of average price of product's exports from Sweden by countries, 2018-2024, $ US/t
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, t
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, t
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production acetone in Sweden

In value, 2017-2020, K $ US

In 2020, Sweden's acetone production was valued at 315 K $ US, remaining relatively stable compared to the previous year. Between 2017 and 2020, production decreased by 76.6%, which translates to an annualized decline of 38.4%.

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	(38.4%)

Source: SHEV.io

In kind, 2017-2020, t

In 2020, Sweden produced 57.6 t of acetone, showing no change from 2019. Over the period from 2017 to 2020, production fell by 91.2%, with a compound annual growth rate of -55.4%.

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	(55.4%)

Source: SHEV.io

Exports acetone from Sweden

Exports in kind, t

After a two-year decline, Sweden's acetone export volume increased in 2020. The country exported 504 t of acetone that year, reflecting a 14.4% improvement compared to 2019. Between 2017 and 2020, exports decreased by 4.8%, equating to an annualized rate of -1.6%. The lowest export volume was recorded in 2019 at 441 t, with the largest decline of 9.3% also occurring that year.

Annual dynamics of product's exports from Sweden in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	(8.2%)	(9.3%)	14.4%	(1.6%)

Source: SHEV.io

From 2017 to 2020, Norway and Denmark were the dominant destinations for Sweden's acetone exports in kind, jointly accounting for 89.0% of total flows, while the remaining share went to other markets.

Structure of product's exports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Sweden in kind, 2017-2020

Source: SHEV.io

Exports in value, K $ US

Following a two-year decline, Sweden's acetone exports in value terms increased in 2020. The country exported acetone worth 1 109 K $ US that year, showing a rise of 17.5% compared to 2019. Over the period from 2017 to 2020, exports decreased by 23.9%, with a compound annual growth rate of -8.7%. The minimum value was recorded in 2019 at 944 K $ US, with the largest decline of 21.9% also occurring that year.

Annual dynamics of product's exports from Sweden in value, 2017-2020, K $ US

Parameter		2018	2019	2020	CAGR
1	Change from last year	(17.1%)	(21.9%)	17.5%	(8.7%)

Source: SHEV.io

Between 2017 and 2020, Norway remained the main market for Sweden's acetone exports in value terms, holding a 75.0% share of total flows, while the rest was distributed across numerous other destinations.

Structure of product's exports in value by countries, 2017-2020

Source: SHEV.io

World map of product's exports from Sweden in value, 2017-2020

Source: SHEV.io

Imports acetone to Sweden

Imports in kind, t

Sweden's acetone imports in kind declined for the second consecutive year in 2020. The country imported a total of 4 564 t of acetone that year, indicating a moderate reduction of 3.6% compared to 2019. The highest import volume was recorded in 2018 at 5 957 t, with the largest decline of 20.5% occurring in 2019 and the largest increase of 28.0% in 2018.

Annual dynamics of product's imports to Sweden in kind, 2017-2020, t

Parameter		2018	2019	2020	CAGR
1	Change from last year	28.0%	(20.5%)	(3.6%)	(0.6%)

Source: SHEV.io

From 2017 to 2020, Finland, Germany, and Denmark accounted for the largest share of Sweden's acetone imports in kind, with Finland at 31.8%, Germany at 29.3%, and Denmark at 15.4%, together comprising 76.5% of total flows.

Structure of product's imports in kind by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Sweden in kind, 2017-2020

Source: SHEV.io

Imports in value, K $ US

After a two-year fall, Sweden's acetone imports in value terms increased in 2020. Imports amounted to 4 939 K $ US that year, indicating a dramatic uptick of 29.9% compared to 2019. Between 2017 and 2020, imports decreased by 17.2%, equating to an annualized rate of -6.1%. The minimum value was recorded in 2019 at 3 802 K $ US, with the largest decline of 30.5% also occurring 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	(8.3%)	(30.5%)	29.9%	(6.1%)

Source: SHEV.io

Throughout 2017 to 2020, Germany, Finland, and Denmark remained the three largest markets for Sweden's acetone imports in value terms, together taking 74.9% of total flows.

Structure of product's imports in value by countries, 2017-2020

Source: SHEV.io

World map of product's imports to Sweden in value, 2017-2020

Source: SHEV.io