Market research

Propylene glycol 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 propylene glycol market in Sweden, measured in value terms, experienced significant volatility between 2018 and 2023. After starting at 25.3 million USD in 2018, the market size dropped sharply to 11.4 million USD in 2020. It then partially recovered to 17.6 million USD in 2021 and reached 24.4 million USD in 2023, nearly matching the initial level.

Underlying this trajectory were shifts in production and trade. Domestic production value grew consistently from 0.2 million USD in 2018 to 1.25 million USD in 2023. Imports, which make up the bulk of supply, fell to 12.6 million USD in 2020 from 26.6 million USD in 2018, then surged to 39.7 million USD in 2022 before declining again. Exports peaked at 10.5 million USD in 2021, reducing the net volume available domestically that year.

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 value
  1. 4.1.1. Production, 2018, 2020-2021, 2023
  2. 4.1.2. Imports, 2018-2024
  3. 4.1.3. Exports, 2018-2024
  4. 4.1.4. Market size, 2018, 2020-2021, 2023
5. Production
1. 5.1. Production in Sweden
  1. 5.1.1. In kind, 2018, 2020-2021, 2023, t
  2. 5.1.2. In value, 2018, 2020-2021, 2023, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, t
  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 propylene glycol in Sweden

In value, 2017-2020, K $ US

The market exhibited volatility during the observed period. Output reached its lowest point in 2018 and peaked in 2020, with a 3.6-fold difference between these years. In 2020, the value of propylene glycol production in Sweden was 720.3 K $ US, representing a 26.1% decrease from 2019.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(26.1%)	n/a	n/a	38.4%

Source: SHEV.io

In kind, 2017-2020, t

Market performance showed noticeable fluctuations throughout the period. Production volumes hit their low in 2018 and their high in 2020, varying 6.7 times between these years. In 2020, Sweden produced 729.0 t of propylene glycol, marking a sharp 25.3% year-over-year decline.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(25.3%)	n/a	n/a	70.9%

Source: SHEV.io

Exports propylene glycol from Sweden

Exports in kind, t

Export performance displayed significant fluctuations during the period. Volumes reached their minimum in 2017 and their maximum in 2019, with a 3.8-fold variation between these years. In 2020, Sweden exported 1 432 t of propylene glycol, indicating a 46.9% decline from 2019. The peak of 2 696 t was recorded in 2019, which also saw the largest increase at 248.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	7.7%	248.2%	(46.9%)	25.8%

Source: SHEV.io

From 2017 to 2020, Denmark and Norway were the primary export destinations in volume terms, jointly accounting for 81.6% of total flows. Other partners each held significantly smaller shares.

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

Export values experienced notable fluctuations over the period. They bottomed out in 2017 and peaked in 2019, showing a 3-fold amplitude between these years. In 2020, Sweden exported 1 974 K $ US worth of propylene glycol, down 46.1% compared to 2019. The maximum value of 3 665 K $ US was recorded in 2019, which also registered the largest increase at 144.2%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	21.2%	144.2%	(46.1%)	16.8%

Source: SHEV.io

During 2017–2020, Denmark and Norway remained the main markets for exports in value terms, jointly representing 80.2% of total flows. Other partners comprised the remainder.

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 propylene glycol to Sweden

Imports in kind, t

After advancing for two years, propylene glycol deliveries to Sweden declined. Imports totaled 10 538 t in 2020, constituting an abrupt 42.9% decrease compared to 2019. Between 2017 and 2020, imports fell by 8.3%, equating to an annualized rate of 2.8%. The peak of 18 448 t was recorded in 2019, while the largest increase of 58.8% occurred 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	58.8%	1.1%	(42.9%)	(2.8%)

Source: SHEV.io

From 2017 to 2020, Germany (44.8% of import volume), the Netherlands (30.4%), and Norway (12.7%) together accounted for 87.9% of total propylene glycol imports to Sweden, making them the main sources.

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

The volume of propylene glycol imports to Sweden declined for the second consecutive year. In 2020, import value stood at 12 649 K $ US, equivalent to a 38.6% year-over-year reduction. Over the 2017-2020 period, imports decreased by 22.2%, with a compound annual growth rate (CAGR) of -8.0%. The maximum value of 26 630 K $ US was recorded in 2018, which also saw the largest increase at 63.9%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	63.9%	(22.7%)	(38.6%)	(8.0%)

Source: SHEV.io

In 2017–2020, Germany and the Netherlands were the dominant suppliers of propylene glycol to Sweden in value terms, together taking 83.9% of total imports. Other partners played a less significant role.

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