Octanol and isomers thereof market in Sweden

Earlier Report Observations

From 2018 to 2024, the Swedish market for octanol and its isomers was shaped by evolving EU regulations, starting with REACH and CLP rules that required ongoing updates to safety data sheets and chemical classifications. This regulatory framework established consistent compliance demands for producers, influencing market operations and costs over the entire period.

Market volume expanded significantly in 2023, growing by 7.8% to reach 64 476 t. This increase was primarily driven by the EU climate neutrality regulation (EU) 2021/1119, which encouraged the use of bio-based alcohols like octanol to meet sustainability targets, thereby boosting demand.

In 2024, the introduction of new EU regulations—specifically (EU) 2024/590 on ozone-depleting substances and (EU) 2024/3190 on BPA restrictions—imposed stricter production, packaging, and waste management requirements. These changes led to a market adjustment, with volume declining by 3.5% to 62 246 t, while the market value continued to fall, reaching 85.6 million $ US, reflecting ongoing price pressure.

Production octanol and isomers thereof in Sweden

According to Faostat, there is no production of octanol and isomers thereof in Sweden.

Exports octanol and isomers thereof from Sweden

Exports in kind, t

The data reveals irregular changes, indicating a volatile market environment. Exports reached their lowest point in 2020 and peaked in 2019, with a 24-fold difference between these years. In 2020, Sweden exported 4.5 t of octanol and isomers thereof, down by 95.7% compared to 2019. The maximum value was recorded in 2019 at 106.0 t. The largest increase occurred in 2019, reaching 30.9%.

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

From 2017 to 2020, Norway was by far the main destination for exports in kind of octanol and isomers thereof from Sweden, accounting for 100.0% of total 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, K $ US

There were noticeable fluctuations in market performance during the period. Export volumes reached their minimum in 2020 and peaked in 2019, with a top-to-bottom ratio of 21 times. In 2020, Sweden's octanol and isomers thereof exports stood at 6.2 K $ US, constituting a decline of 95.3% compared to the previous year. The maximum value was recorded in 2019 at 131.0 K $ US. The largest increase occurred in 2019, reaching 15.8%.

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

Throughout 2017 to 2020, Norway was the key partner for exports in value terms, accounting for 100.0% 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 octanol and isomers thereof to Sweden

Imports in kind, t

The market showed signs of volatility over the observed period. The span from 2017 to 2018 exhibited a peak-to-trough amplitude of 4.3 times. In 2020, Sweden imported 174.7 t of octanol and isomers thereof, corresponding to a decrease of 24.9% compared to 2019. The maximum value was recorded in 2018 at 292.7 t. The largest increase occurred in 2018, reaching 331.9%.

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

From 2017 to 2020, Belgium (27.5% of imports in kind), Poland (21.6% of imports in kind), and Germany (16.2% of imports in kind) made the biggest contribution to imports in kind, jointly accounting for 65.3% of total flows.

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

The market exhibited an unstable trend throughout the timeframe. Import volumes hit a low in 2017 and peaked in 2018, with a top-to-bottom ratio of 3.4 times. In 2020, Sweden's volume of octanol and isomers thereof imports reached 174.8 K $ US, down by 25.2% year-over-year. The maximum value was recorded in 2018 at 345.0 K $ US. The largest decline occurred in 2019, falling by 32.3%. The largest increase occurred in 2018, reaching 241.5%.

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

From 2017 to 2020, Poland (20.7% of imports in value terms), Belgium (19.6% of imports in value terms), and Germany (18.6% of imports in value terms) continued to be the main suppliers of octanol and isomers thereof to Sweden, jointly forming 59.0% of total imports in value terms.

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

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