Scandinavia: Market for Oxalic, Azelaic, Malonic and other Cyclanic, Cylenic or Cycloterpenic Polycarboxylic Acids and Their Salts 2024

Market Size for Oxalic, Azelaic, Malonic and other Cyclanic, Cylenic or Cycloterpenic Polycarboxylic Acids and Their Salts in Scandinavia

In 2022, the Scandinavia market for oxalic, azelaic, malonic and other cyclanic, cylenic or cycloterpenic polycarboxylic acids and their salts increased by X% to $X, rising for the second consecutive year after six years of decline. Over the period under review, consumption recorded a perceptible downturn. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Oxalic, Azelaic, Malonic and other Cyclanic, Cylenic or Cycloterpenic Polycarboxylic Acids and Their Salts in Scandinavia

In value terms, production of oxalic, azelaic, malonic and other cyclanic, cylenic or cycloterpenic polycarboxylic acids and their salts amounted to $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production of growth remained at a lower figure.

Exports of Oxalic, Azelaic, Malonic and other Cyclanic, Cylenic or Cycloterpenic Polycarboxylic Acids and Their Salts

Exports in Scandinavia

In 2022, shipments abroad of oxalic, azelaic, malonic and other cyclanic, cylenic or cycloterpenic polycarboxylic acids and their salts decreased by X% to X tons, falling for the second year in a row after two years of growth. In general, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports of attained the peak figure at X tons in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

In value terms, exports of oxalic, azelaic, malonic and other cyclanic, cylenic or cycloterpenic polycarboxylic acids and their salts dropped to $X in 2022. Over the period under review, exports, however, enjoyed a measured increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports of remained at a lower figure.

Exports by Country

Sweden (X tons) and Norway (X tons) represented roughly X% of total exports in 2022. It was distantly followed by Finland (X tons), generating a X% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Finland (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, the largest oxalic, azelaic, malonic and other cyclanic, cylenic or cycloterpenic polycarboxylic acids and their salts supplying countries in Scandinavia were Finland ($X), Sweden ($X) and Norway ($X), with a combined X% share of total exports.

In terms of the main exporting countries, Finland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, surging by X% against the previous year. Export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, export price for oxalic, azelaic, malonic and other cyclanic, cylenic or cycloterpenic polycarboxylic acids and their salts increased by X% against 2020 indices. Over the period under review, the export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Finland ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (X%), while the other leaders experienced mixed trends in the export price figures.

Imports of Oxalic, Azelaic, Malonic and other Cyclanic, Cylenic or Cycloterpenic Polycarboxylic Acids and Their Salts

Imports in Scandinavia

For the fifth year in a row, Scandinavia recorded decline in overseas purchases of oxalic, azelaic, malonic and other cyclanic, cylenic or cycloterpenic polycarboxylic acids and their salts, which decreased by X% to X tons in 2022. Over the period under review, imports continue to indicate a pronounced shrinkage. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports attained the peak of X tons. From 2015 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of oxalic, azelaic, malonic and other cyclanic, cylenic or cycloterpenic polycarboxylic acids and their salts rose sharply to $X in 2022. In general, imports continue to indicate a perceptible shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Sweden represented the key importing country with an import of around X tons, which accounted for X% of total imports. It was distantly followed by Finland (X tons) and Norway (X tons), together making up a X% share of total imports.

Sweden was also the fastest-growing in terms of the oxalic, azelaic, malonic and other cyclanic, cylenic or cycloterpenic polycarboxylic acids and their salts imports, with a CAGR of X% from 2012 to 2022. Norway (X%) and Finland (X%) illustrated a downward trend over the same period. While the share of Sweden (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Finland (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) constitutes the largest market for imported oxalic, azelaic, malonic and other cyclanic, cylenic or cycloterpenic polycarboxylic acids and their salts in Scandinavia, comprising X% of total imports. The second position in the ranking was taken by Finland ($X), with a X% share of total imports.

In Sweden, imports of oxalic, azelaic, malonic and other cyclanic, cylenic or cycloterpenic polycarboxylic acids and their salts declined by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Finland (X% per year) and Norway (X% per year).

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per ton, jumping by X% against the previous year. Overall, the import price continues to indicate a slight expansion. The growth pace was the most rapid in 2021 when the import price increased by X%. The level of import peaked in 2022 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Norway ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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