The import of nickel tubes and pipes to Sweden is on a declining trend from 2024 to 2028. The volume is expected to decrease from 1.15 thousand kilograms in 2024 to 0.30242 thousand kilograms by 2028. This represents a significant reduction over the five-year period. In 2023, the import volume was 1.40 thousand kilograms, showing a consistent year-on-year decrease into the forecasted years.
Year-on-year percentage variations:
- 2024-2025: -19.06%
- 2025-2026: -22.98%
- 2026-2027: -29.22%
- 2027-2028: -40.46%
The Compound Annual Growth Rate (CAGR) over the five-year period from 2023 to 2028 shows an average yearly decrease of 32.85%.
Future trends to watch for include potential advancements or substitutions in materials that could further reduce the demand for nickel tubes and pipes. Market shifts, such as any changes in Sweden's industrial demand or policy adjustments impacting raw material imports, will also be critical to monitor.
