Compounded with carbon black or silica market in Sweden

Earlier Report Observations

Between 2018 and 2024, the Swedish market for unvulcanised rubber compounded with carbon black or silica experienced considerable volatility in value. The market size fell sharply from 70 743 thousand US dollars in 2018 to 48 513 thousand in 2020, rebounded to 67 614 thousand in 2021, dropped again to 45 323 thousand in 2022, and then entered a period of sustained growth.

The market's recovery in 2024, reaching 68 183 thousand US dollars, aligned with broader European demand growth for unvulcanised rubber. European consumption increased by 3.5% in 2024, driven by regional industrial investment and demand shifts, which supported the Swedish market's upward trajectory after previous declines.

Production compounded with carbon black or silica in Sweden

In value, 2017-2020, K $ US

Sweden's production of compounded materials with carbon black or silica declined for the second consecutive year. In 2020, output was valued at 67 970 thousand US dollars, marking a significant year-over-year decrease of 25.6%. Over the period from 2017 to 2020, production fell by 13.1%, with a compound annual growth rate of -4.6%. The highest value was recorded in 2018 at 93 545 thousand US dollars, which also saw the largest increase of 19.6%.

Annual dynamics of production in Sweden in value, 2017-2020, K $ US

In kind, 2017-2020, t

After a two-year increase, Sweden's production of compounded materials with carbon black or silica declined. In 2020, 15 112 tonnes were produced, representing a sharp drop of 40.6% compared to the previous year. From 2017 to 2020, production decreased by 20.1%, with a compound annual growth rate of -7.2%. The peak was in 2019 at 25 425 tonnes, while the largest increase occurred in 2018 at 27.6%.

Annual dynamics of production in Sweden in kind, 2017-2020, t

Exports compounded with carbon black or silica from Sweden

Exports in kind, t

In 2020, Sweden's exports of compounded materials with carbon black or silica totaled 13 582 tonnes, showing a modest year-over-year decline of 7.4%. The highest volume was recorded in 2019 at 14 668 tonnes, which also experienced the largest increase of 6.3%.

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

From 2017 to 2020, the geographical structure of Sweden's exports in kind was highly diversified. Poland accounted for 14.0% of exports, Chile for 13.7%, and Sri Lanka for 13.6%, together making up only 41.3% of total flows. The remaining 58.7% was distributed among numerous smaller partner countries.

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 exports of compounded materials with carbon black or silica declined for the second consecutive year. In 2020, exports amounted to 36 756 thousand US dollars, corresponding to a year-over-year drop of 6.7%. Over the period from 2017 to 2020, exports decreased by 7.1%, with a compound annual growth rate of -2.4%. The maximum value was recorded in 2018 at 41 931 thousand US dollars, which also saw the largest increase of 6.0%.

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

Throughout 2017 to 2020, Sweden's exports in value terms of compounded materials with carbon black or silica were not concentrated on a few key markets. Sri Lanka accounted for 18.3% of exports, Poland for 16.9%, and Chile for 10.2%, jointly representing only 45.4% of total flows.

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

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

Imports compounded with carbon black or silica to Sweden

Imports in kind, t

Sweden's imports of compounded materials with carbon black or silica declined for the third consecutive year. In 2020, imports reached 6 001 tonnes, down by 4.3% compared to 2019. Between 2017 and 2020, imports decreased by 25.1%, equating to an annualized rate of -9.2%.

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

From 2017 to 2020, Germany was the principal source for Sweden's imports of compounded materials with carbon black or silica, accounting for 75.4% of total imports in kind. Other destinations contributed to a less significant portion.

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

In 2020, Sweden's imports of compounded materials with carbon black or silica reached 17 299 thousand US dollars, representing a 10.2% fall compared to 2019. Over the period from 2017 to 2020, imports decreased by 14.2%, with a compound annual growth rate of -5.0%. The largest increase was recorded in 2019 at 0.7%.

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

From 2017 to 2020, Germany, Malta, and Denmark were the main sources in the geographical breakdown of Sweden's imports in value terms of compounded materials with carbon black or silica. Germany accounted for 52.3% of imports, Malta for 14.8%, and Denmark for 7.2%, with a combined share of 74.3% of total flows.

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

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