Sweden - Refrigerating And Freezing Equipment And Heat Pumps (Except Household Type Equipment) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 20, 2024

Sweden - Refrigerating And Freezing Equipment And Heat Pumps (Except Household Type Equipment) - Market Analysis, Forecast, Size, Trends and Insights

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Commercial Refrigeration Equipment Price in Sweden - 2023

Contents:

  1. Commercial Refrigeration Equipment Price in Sweden (FOB) - 2023
  2. Commercial Refrigeration Equipment Price in Sweden (CIF) - 2022
  3. Commercial Refrigeration Equipment Exports in Sweden
  4. Commercial Refrigeration Equipment Imports in Sweden

Commercial Refrigeration Equipment Price in Sweden (FOB) - 2023

In August 2023, the average commercial refrigeration equipment export price amounted to $1,182 per unit, surging by 7.4% against the previous month. Overall, export price indicated a slight expansion from August 2022 to August 2023: its price increased at an average monthly rate of +1.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, commercial refrigeration equipment export price increased by +21.8% against June 2023 indices. The growth pace was the most rapid in December 2022 when the average export price increased by 22% month-to-month. The export price peaked at $1,362 per unit in April 2023; afterwards, it flattened through to August 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Switzerland ($2,854 per unit), while the average price for exports to Mexico ($432 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to India (+5.3%), while the prices for the other major destinations experienced more modest paces of growth.

Commercial Refrigeration Equipment Price in Sweden (CIF) - 2022

The average commercial refrigeration equipment import price stood at $670 per unit in 2022, growing by 5.9% against the previous year. Over the period under review, import price indicated a measured expansion from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, commercial refrigeration equipment import price increased by +68.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 an increase of 37%. The import price peaked in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Finland ($1,744 per unit), while the price for Croatia ($187 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Commercial Refrigeration Equipment Exports in Sweden

For the fourth consecutive year, Sweden recorded growth in shipments abroad of refrigerating and freezing equipment and heat pumps (except household type equipment), which increased by 14% to 784K units in 2022. The total export volume increased at an average annual rate of +10.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, commercial refrigeration equipment exports skyrocketed to $658M in 2022. Overall, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.2% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +73.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 29% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Export of Commercial Refrigeration Equipment in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany41.376.310212645.0%
Finland51.561.178.883.517.5%
Denmark32.137.351.269.429.3%
Netherlands35.640.855.156.316.5%
Norway42.335.144.147.53.9%
Czech Republic19.021.225.332.619.7%
Poland13.319.525.927.527.4%
France13.312.215.718.311.2%
United Kingdom9.616.221.017.923.1%
United States7.64.510.610.09.6%
Romania2.62.13.19.352.9%
Spain11.39.84.68.9-7.6%
Thailand7.010.79.26.5-2.4%
Others92.796.112214516.1%
Total37944356965820.2%

Top Export Markets for Commercial Refrigeration Equipment from Sweden in 2022:

  1. Norway (112.5K units)
  2. Finland (100.2K units)
  3. Germany (90.1K units)
  4. Denmark (83.2K units)
  5. Netherlands (38.6K units)
  6. United States (28.6K units)
  7. Spain (21.9K units)
  8. Thailand (20.4K units)
  9. France (20.1K units)
  10. United Kingdom (20.1K units)
  11. Poland (20.0K units)
  12. Czech Republic (17.4K units)
  13. Romania (16.1K units)

Commercial Refrigeration Equipment Imports in Sweden

Commercial refrigeration equipment imports into Sweden soared to 480K units in 2022, growing by 29% against 2021 figures. Over the period under review, imports, however, recorded a relatively flat trend pattern. Imports peaked at 483K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, commercial refrigeration equipment imports skyrocketed to $321M in 2022. In general, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +18.8% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.7% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Commercial Refrigeration Equipment in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China29.033.849.461.128.2%
Germany15.216.421.641.339.5%
Italy37.028.736.138.11.0%
Thailand8.215.120.337.766.3%
Denmark11.611.115.420.220.3%
Netherlands4.77.318.417.755.6%
United Kingdom5.17.64.014.842.6%
Finland21.314.415.013.2-14.7%
Ireland11.014.59.48.4-8.6%
Croatia3.84.03.66.419.0%
Spain8.55.41.55.4-14.0%
Czech Republic3.73.03.44.67.5%
France4.32.86.24.62.3%
Others28.125.131.847.919.5%
Total19118923632118.9%

Top Suppliers of Commercial Refrigeration Equipment to Sweden in 2022:

  1. China (149.9K units)
  2. Italy (48.3K units)
  3. Germany (45.2K units)
  4. Croatia (34.2K units)
  5. Thailand (28.7K units)
  6. Denmark (19.3K units)
  7. Czech Republic (18.6K units)
  8. Netherlands (18.4K units)
  9. Ireland (18.1K units)
  10. United Kingdom (17.4K units)
  11. Spain (15.8K units)
  12. Finland (7.6K units)
  13. France (7.0K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the commercial refrigeration equipment market in Sweden. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28251333 - Refrigerated show-cases and counters incorporating a refrigerating unit or evaporator for frozen food storage
  • Prodcom 28251335 - Refrigerated show-cases and counters incorporating a refrigerating unit or evaporator (excluding for frozen food storage)
  • Prodcom 28251340 -
  • Prodcom 28251350 -
  • Prodcom 28251380 - Heat pumps other than air conditioning machines of HS
  • Prodcom 28251390 - Other refrigerating or freezing equipment

Country coverage:

  • Sweden

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Sweden
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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