Market research

Magnesium hydroxide and peroxide 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 magnesium hydroxide and peroxide market expanded sharply in 2021, with production rising to 8 625 t and market volume reaching 8 264 t. This growth aligned with global industry developments, including Huber Engineered Materials' acquisition of a 50% stake in MAGNIFIN and CJSC NikoMag's capacity expansion to 40 000 tons per year, which improved supply chain dynamics and product availability in Europe.

From 2023, the market contracted, with volume falling to 3 756 t and further to 2 346 t in 2024. Production also moderated to 6 132 t and 6 345 t in those years, respectively, while import levels decreased substantially over the period.

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 and Trends
1. 4.1. Key Market Indicators
  1. 4.1.1. In kind
    1. 4.1.1.1. Production, 2020-2021, 2023-2024
    2. 4.1.1.2. Imports, 2018-2024
    3. 4.1.1.3. Exports, 2018-2024
    4. 4.1.1.4. Market size, 2020-2021, 2023-2024
  2. 4.1.2. In value
    1. 4.1.2.1. Production, 2020-2021, 2023-2024
    2. 4.1.2.2. Imports, 2018-2024
    3. 4.1.2.3. Exports, 2018-2024
    4. 4.1.2.4. Market size, 2020-2021, 2023-2024
2. 4.2. Market Trends and Factors
5. Production
1. 5.1. Production in Sweden
  1. 5.1.1. In kind, 2020-2021, 2023-2024, t
  2. 5.1.2. In value, 2020-2021, 2023-2024, K $ US
2. 5.2. Production in the EU, 2019-2024
  1. 5.2.1. In kind, 2019-2024, t
  2. 5.2.2. In value, 2019-2024, 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 magnesium hydroxide and peroxide 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	-

Source: SHEV.io

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	-

Source: SHEV.io

Exports magnesium hydroxide and peroxide from Sweden

Exports in kind, t

Sweden's exports of magnesium hydroxide and peroxide have grown for the third year in a row. In 2020, exports reached 6 538 tons, representing a 2.1% year-on-year increase. Between 2017 and 2020, exports rose by 50.3%, which translates to an average annual growth rate of 14.5%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	9.4%	34.6%	2.1%	14.5%

Source: SHEV.io

From 2017 to 2020, Norway, the United Kingdom, and Finland were the main destinations for Sweden's exports of magnesium hydroxide and peroxide in volume terms. Norway accounted for 50.5% of exports, the United Kingdom for 26.1%, and Finland for 18.9%. Together, these three countries made up 95.5% of total export flows.

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

Sweden's exports of magnesium hydroxide and peroxide in value terms have increased for the third consecutive year. In 2020, exports totaled 4 180 thousand US dollars, showing a modest gain of 4.4% compared to 2019. Over the period from 2017 to 2020, exports grew by 45.2%, with an average annual rate of 13.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	8.1%	28.6%	4.4%	13.2%

Source: SHEV.io

Between 2017 and 2020, Norway and the United Kingdom dominated Sweden's exports of magnesium hydroxide and peroxide in value terms, while other markets played a smaller individual role.

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 magnesium hydroxide and peroxide to Sweden

Imports in kind, t

After two years of decline, Sweden's imports of magnesium hydroxide and peroxide rebounded in 2020. Imports reached 7 547 tons, marking a significant increase of 27.4% compared to 2019. Over the 2017-2020 period, imports decreased by 14%, with a compound annual growth rate of -4.9%. The lowest point was in 2019, with 5 925 tons, which saw the largest decline of 22.5%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(12.9%)	(22.5%)	27.4%	(4.9%)

Source: SHEV.io

From 2017 to 2020, the United States, Norway, and Belgium were the primary sources for Sweden's imports of magnesium hydroxide and peroxide in volume terms, together accounting for 80.3% of total imports.

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

In 2020, Sweden's imports of magnesium hydroxide and peroxide in value terms amounted to 4 833 thousand US dollars, up 9.7% from the previous year. Over the 2017-2020 period, imports increased by 2.2%, with an average annual growth rate of 0.7%. The lowest value was recorded in 2019 at 4 407 thousand US dollars, while the highest was in 2018 at 5 923 thousand US dollars. The largest decline occurred in 2019, with a drop of 25.6%, and the largest increase was in 2018, with a rise of 25.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	25.3%	(25.6%)	9.7%	0.7%

Source: SHEV.io

Between 2017 and 2020, the United States, Norway, and Belgium were the leading sources for Sweden's imports of magnesium hydroxide and peroxide in value terms. The United States accounted for 63.8% of imports, Norway for 9.5%, and Belgium for 8.0%. Combined, these three countries made up 81.4% of total import 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