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. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators
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4.1. In value
- 4.1.1. Production, 2020-2022
- 4.1.2. Imports, 2018-2024
- 4.1.3. Exports, 2018-2024
- 4.1.4. Market size, 2020-2022
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4.1. In value
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5. Production
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5.1. Production in Sweden
- 5.1.1. In kind, 2020-2022, K t
- 5.1.2. In value, 2020-2022, M $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, K t
- 5.2.2. In value, 2018-2024, M $ US
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5.1. Production in Sweden
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Sweden in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's exports in kind from Sweden by countries, 2018-2024, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Sweden in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Sweden by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's exports from Sweden, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from Sweden by countries, 2018-2024, $ US/t
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Sweden in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's exports in kind from Sweden by countries, 2018-2024, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Sweden in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Sweden by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's exports from Sweden, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from Sweden by countries, 2018-2024, $ US/t
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Sweden in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's imports in kind to Sweden by countries, 2018-2024, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Sweden in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Sweden by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's imports to Sweden, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's imports to Sweden by countries, 2018-2024, $ US/t
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Sweden in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's imports in kind to Sweden by countries, 2018-2024, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Sweden in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Sweden by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's imports to Sweden, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's imports to Sweden by countries, 2018-2024, $ US/t
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
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
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
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 | - |
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
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 61.6% | 40.2% | (24.0%) | 19.9% |
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
World map of product's exports from Sweden in kind, 2017-2020
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
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 106.6% | 12.2% | (27.0%) | 19.1% |
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
World map of product's exports from Sweden in value, 2017-2020
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
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
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
World map of product's imports to Sweden in kind, 2017-2020
Imports in value, K $ US
Annual dynamics of product's imports to Sweden in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
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
World map of product's imports to Sweden in value, 2017-2020
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