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14 MAY 2020 AL CIRCLE

The steady rise of Sweden’s Aluminium cans importation market during 2017-20

EDITED BY : RUPANKAR MAJUMDER 2MINS READ

Sweden is a competitive and highly liberalized, open market economy. The vast majority of Swedish enterprises are privately owned and market-oriented, combined with a strong welfare state involving transfer payments involving up to three-fifths of GDP.

Sweden’s Aluminium cans importation market during 2017-20

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The rise in canned beverages market has also given support for the importation for aluminium cans. The nation’s aluminium can importation during 2017-19 has been recorded at 16,314 tonnes and the expenditure on import stood at $76.42. The projected for 2020 has been analysed at 6930 tonnes and the expenditure might reach to $25.66 million. When the estimated import volume and expenditure is summed with the last three years it reflects 23,244 tonnes and $102.08 million.

Sweden’s aluminium cans importation in 2017 was recorded at 4385 tonnes and the expenditure stood at $21.62 million, whereas in 2018 the import has seen a rise by 22.02%, as the import volume stood at 5363 tonnes and the expenditure climbed to $ 26.70 million.

In 2019 the aluminium cans importation has again notified with growth by 22.61%, as the total volume of import stood at 6576 tonnes, while expenditure stood at $28.10 million.

Report on Energy consumption in aluminium smelting and changing technologies towards gas emission

The export nations for Sweden’s aluminium can importation are Austria, Belgium, China, UK, India, Czech Republic, Denmark, Finland, Germany, Italy, Poland, etc.


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EDITED BY : RUPANKAR MAJUMDER 2MINS READ

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