Compounds containing a pyrimidine ring or a piperazine ring market in Sweden

Earlier Report Observations

Between 2018 and 2023, trade in pyrimidine or piperazine ring compounds in Sweden saw considerable shifts. Import volumes in physical terms declined from 251 t in 2018 to 91 t in 2023, while export volumes fluctuated between 2 818 t and 7 482 t. This resulted in a relatively small domestic market size, which reached 774 t in 2021. In value terms, the market value contracted from $227.2 million in 2020 to $100.8 million in 2024, suggesting a change in the product mix or price levels.

The market landscape changed markedly in 2024, with physical market volume surging to 3 722 t. This increase was driven primarily by a sharp drop in exports to 3 833 t from 7 438 t in 2023, while production remained stable near 7 400 t. Concurrently, the market value fell to $100.8 million. During this year, regulatory developments such as stricter EU limits on volatile organic compounds in paints and varnishes and the phased implementation of the Corporate Sustainability Reporting Directive (CSRD) began influencing production conditions and demand patterns for these chemical compounds in Sweden.

Production pyrimidine or piperazine ring compounds in Sweden

In value, 2017-2020, K $ US

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

In kind, 2017-2020, t

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

Exports pyrimidine or piperazine ring compounds from Sweden

Exports in kind, t

The market showed significant volatility during this period. In 2019, exports of compounds containing a pyrimidine ring or a piperazine ring from Sweden reached their lowest point at 2 818 tonnes, while the highest volume was recorded in 2017, representing a 2.6-fold difference between these peak and trough years. In 2020, exports surged to 7 035 tonnes, marking a dramatic 149.6% increase compared to 2019. The most substantial decline occurred in 2019, with a drop of 51.1%.

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

From 2017 to 2020, China, Japan, and the United States were the key export partners for Sweden's compounds containing a pyrimidine ring or a piperazine ring in volume terms. China accounted for 57.0% of exports, Japan for 12.9%, and the United States for 12.0%. Together, these three countries represented 81.9% of total export flows.

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, M $ US

The market exhibited notable volatility over the observed years. In 2020, the value of compounds containing a pyrimidine ring or a piperazine ring exported from Sweden fell to its lowest point at 20.3 million US dollars, while the peak was reached in 2019 at 77.9 million US dollars, showing a 3.8-fold difference. The 2020 figure represented a 73.9% decrease compared to the previous year. The largest increase occurred in 2019, with a rise of 142.7%.

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

Between 2017 and 2020, Russia, China, and the United States were the primary destinations for Sweden's exports of compounds containing a pyrimidine ring or a piperazine ring in value terms. Russia accounted for 33.0% of exports, China for 23.6%, and the United States for 14.4%. Collectively, these three countries made up 71.0% of total export value.

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

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

Imports pyrimidine or piperazine ring compounds to Sweden

Imports in kind, t

After a two-year decline, imports of compounds containing a pyrimidine ring or a piperazine ring into Sweden showed a slight increase. In 2019, imports hit their lowest point at 140 tonnes, with a significant decline of 44.2% that year. By 2020, imports remained at 140 tonnes, showing minimal change from 2019. Over the 2017-2020 period, imports decreased by 60.2%, corresponding to a compound annual growth rate of -26.4%.

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

From 2017 to 2020, India, Austria, and China were the main sources of imports for compounds containing a pyrimidine ring or a piperazine ring into Sweden in volume terms. India contributed 27.4% of imports, Austria 23.6%, and China 21.3%. Together, these three countries accounted for 72.3% of total import volume.

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, M $ US

Following a two-year gain, imports of compounds containing a pyrimidine ring or a piperazine ring into Sweden declined. In 2019, import value reached its peak at 228.8 million US dollars, with a substantial increase of 40.4% that year. By 2020, imports dropped to 221.2 million US dollars, a decrease of 3.3% compared to 2019. Over the 2017-2020 period, imports increased by 54.4%, equating to an annualized growth rate of 15.6%.

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

During 2017-2020, Austria, Belgium, and Switzerland led as the top suppliers of compounds containing a pyrimidine ring or a piperazine ring to Sweden in value terms. Austria accounted for 45.7% of imports, Belgium for 27.4%, and Switzerland for 21.3%. Combined, these three countries represented 94.4% of total import value.

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

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