Market research

Remelting scrap ingots of iron or steel market in Sweden

Remelting scrap ingots of iron or steel market in Sweden

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:
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File format: docx, xlsx

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Earlier Report Observations

Sweden's production of remelting scrap ingots surged from $41.6 million in 2020 to $102.8 million in 2022, driving the domestic market size from $35.7 million to $96.8 million over the same period. This rapid expansion reflected a strong increase in domestic industrial activity, with Sweden also confirming its position as an active exporter in the global market for these products.

Throughout the 2018-2024 period, imports remained minimal, rarely exceeding $0.4 million, while exports held steady in the range of $6-8 million annually. This pattern underscores a self-sufficient production base that met growing internal demand, leading to the marked market growth observed from 2020 onward.

Table of content

  1. 1. Disclaimer
  2. 2. Terms of use of the report
  3. 3. Product codes in the statistical classifications used in the report
  4. 4. Key Market Indicators
    1. 4.1. In value
      1. 4.1.1. Production, 2020-2022
      2. 4.1.2. Imports, 2018-2024
      3. 4.1.3. Exports, 2018-2024
      4. 4.1.4. Market size, 2020-2022
  5. 5. Production
    1. 5.1. Production in Sweden
      1. 5.1.1. In kind, 2020-2022, K t
      2. 5.1.2. In value, 2020-2022, M $ US
    2. 5.2. Production in the EU, 2018-2024
      1. 5.2.1. In kind, 2018-2024, K t
      2. 5.2.2. In value, 2018-2024, M $ US
  6. 6. Exports
    1. 6.1. Exports (Direct Data)
      1. 6.1.1. Exports - Total information
      2. 6.1.2. Exports in kind, t
        1. 6.1.2.1. Annual dynamics of product's exports from Sweden in kind, 2018-2024, t
        2. 6.1.2.2. Dynamics of product's exports in kind from Sweden by countries, 2018-2024, t
        3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 6.1.3. Exports in value, K $ US
        1. 6.1.3.1. Annual dynamics of product's exports from Sweden in value, 2018-2024, K $ US
        2. 6.1.3.2. Dynamics of product's exports in value from Sweden by countries, 2018-2024, K $ US
        3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 6.1.4. Average price of product's exports, $ US/t
        1. 6.1.4.1. Annual dynamics of average price of product's exports from Sweden, 2018-2024, $ US/t
        2. 6.1.4.2. Dynamics of average price of product's exports from Sweden by countries, 2018-2024, $ US/t
    2. 6.2. Exports (Mirror Data)
      1. 6.2.1. Exports - Total information
      2. 6.2.2. Exports in kind, t
        1. 6.2.2.1. Annual dynamics of product's exports from Sweden in kind, 2018-2024, t
        2. 6.2.2.2. Dynamics of product's exports in kind from Sweden by countries, 2018-2024, t
        3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
      3. 6.2.3. Exports in value, K $ US
        1. 6.2.3.1. Annual dynamics of product's exports from Sweden in value, 2018-2024, K $ US
        2. 6.2.3.2. Dynamics of product's exports in value from Sweden by countries, 2018-2024, K $ US
        3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
      4. 6.2.4. Average price of product's exports, $ US/t
        1. 6.2.4.1. Annual dynamics of average price of product's exports from Sweden, 2018-2024, $ US/t
        2. 6.2.4.2. Dynamics of average price of product's exports from Sweden by countries, 2018-2024, $ US/t
  7. 7. Imports
    1. 7.1. Imports (Direct Data)
      1. 7.1.1. Imports - Total information
      2. 7.1.2. Imports in kind, t
        1. 7.1.2.1. Annual dynamics of product's imports to Sweden in kind, 2018-2024, t
        2. 7.1.2.2. Dynamics of product's imports in kind to Sweden by countries, 2018-2024, t
        3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 7.1.3. Imports in value, K $ US
        1. 7.1.3.1. Annual dynamics of product's imports to Sweden in value, 2018-2024, K $ US
        2. 7.1.3.2. Dynamics of product's imports in value to Sweden by countries, 2018-2024, K $ US
        3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 7.1.4. Average price of product's imports, $ US/t
        1. 7.1.4.1. Annual dynamics of average price of product's imports to Sweden, 2018-2024, $ US/t
        2. 7.1.4.2. Dynamics of average price of product's imports to Sweden by countries, 2018-2024, $ US/t
    2. 7.2. Imports (Mirror Data)
      1. 7.2.1. Imports - Total information
      2. 7.2.2. Imports in kind, t
        1. 7.2.2.1. Annual dynamics of product's imports to Sweden in kind, 2018-2024, t
        2. 7.2.2.2. Dynamics of product's imports in kind to Sweden by countries, 2018-2024, t
        3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
      3. 7.2.3. Imports in value, K $ US
        1. 7.2.3.1. Annual dynamics of product's imports to Sweden in value, 2018-2024, K $ US
        2. 7.2.3.2. Dynamics of product's imports in value to Sweden by countries, 2018-2024, K $ US
        3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
      4. 7.2.4. Average price of product's imports, $ US/t
        1. 7.2.4.1. Annual dynamics of average price of product's imports to Sweden, 2018-2024, $ US/t
        2. 7.2.4.2. Dynamics of average price of product's imports to Sweden by countries, 2018-2024, $ US/t
  8. 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. 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 remelting scrap ingots of iron or steel in Sweden

In value, 2017-2020, K $ US

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

Parameter201820192020CAGR
1Change from last yearn/an/an/a-
Source: SHEV.io

In kind, 2017-2020, t

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

Parameter201820192020CAGR
1Change from last yearn/an/an/a-
Source: SHEV.io

Exports remelting scrap ingots of iron or steel from Sweden

Exports in kind, t

After rising for two consecutive years, Sweden's exports of remelting scrap ingots of iron or steel to foreign markets declined. In 2020, exports totaled 10 472 tons, representing a 24.0% decrease compared to the previous year. Looking at the entire 2017-2020 period, exports grew by 72.3%, with an average annual growth rate of 19.9%. The highest export volume was recorded in 2019 at 13 771 tons, while the most significant year-over-year increase occurred in 2018 at 61.6%.

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

Parameter201820192020CAGR
1Change from last year61.6%40.2%(24.0%)19.9%
Source: SHEV.io

From 2017 to 2020, Finland was the dominant destination for Sweden's exports of remelting scrap ingots of iron or steel in volume terms, accounting for 88.6% of total shipments. The remaining 11.4% was distributed among various other markets.

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

The export value data shows irregular fluctuations, reflecting a volatile market environment. Exports reached their lowest point in 2017 and peaked in 2019, with a 2.3-fold difference between these years. In 2020, the value of Sweden's remelting scrap ingots of iron or steel exports stood at 5 894 thousand US dollars, which is 27.0% lower than in 2019. The maximum value was recorded in 2019 at 8 077 thousand US dollars, while the largest year-over-year increase occurred in 2018 at 106.6%.

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

Parameter201820192020CAGR
1Change from last year106.6%12.2%(27.0%)19.1%
Source: SHEV.io

During the 2017-2020 period, Finland accounted for 79.2% of Sweden's total export value for remelting scrap ingots of iron or steel. The remaining 20.8% was spread across a diverse group of smaller trading partners.

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 remelting scrap ingots of iron or steel to Sweden

Imports in kind, t

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

Parameter201820192020CAGR
1Change from last yearn/an/an/a-
Source: SHEV.io

From 2017 to 2020, France was the exclusive source for Sweden's imports of remelting scrap ingots of iron or steel in volume terms, consistently representing 100.0% of total import flows.

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

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

Parameter201820192020CAGR
1Change from last yearn/an/an/a-
Source: SHEV.io

Over the 2017-2020 period, France accounted for virtually all of Sweden's import value for remelting scrap ingots of iron or steel, with a share of 100.0% of total 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

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