Sweden - Electric Space Heating Apparatus And Soil Heating Apparatus - Market Analysis, Forecast, Size, Trends and Insights
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View PricingElectric Heating Equipment Price in Sweden - 2023
Contents:
- Electric Heating Equipment Price in Sweden (FOB) - 2023
- Electric Heating Equipment Price in Sweden (CIF) - 2023
- Electric Heating Equipment Exports in Sweden
- Electric Heating Equipment Imports in Sweden
Electric Heating Equipment Price in Sweden (FOB) - 2023
The average electric heating equipment export price stood at $116 per unit in August 2023, waning by -10.1% against the previous month. Overall, export price indicated a mild increase from August 2022 to August 2023: its price increased at an average monthly rate of +1.4% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, electric heating equipment export price increased by +5.2% against June 2023 indices. The most prominent rate of growth was recorded in April 2023 when the average export price increased by 25% month-to-month. As a result, the export price attained the peak level of $153 per unit. From May 2023 to August 2023, the the average export prices failed to regain momentum.
There were significant differences in the average prices for the major overseas markets. In August 2023, the country with the highest price was Turkey ($199 per unit), while the average price for exports to Iceland ($34.8 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 Germany (+3.6%), while the prices for the other major destinations experienced more modest paces of growth.
Electric Heating Equipment Price in Sweden (CIF) - 2023
The average electric heating equipment import price stood at $63.4 per unit in August 2023, growing by 16% against the previous month. In general, import price indicated a tangible increase from August 2022 to August 2023: its price increased at an average monthly rate of +2.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, electric heating equipment import price decreased by -3.8% against June 2023 indices. The pace of growth was the most pronounced in April 2023 when the average import price increased by 36% against the previous month. Over the period under review, average import prices attained the maximum at $65.9 per unit in June 2023; however, from July 2023 to August 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Malaysia ($287 per unit), while the price for Poland ($15.8 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+12.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Electric Heating Equipment Exports in Sweden
In 2022, exports of electric space heating apparatus and soil heating apparatus from Sweden shrank sharply to 766K units, falling by -15.5% compared with 2021. The total export volume increased at an average annual rate of +1.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 24%. As a result, the exports attained the peak of 907K units, and then shrank dramatically in the following year.
In value terms, electric heating equipment exports fell to $75M in 2022. The total export value increased at an average annual rate of +3.6% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 30% against the previous year. As a result, the exports attained the peak of $85M, and then reduced in the following year.
| Export of Electric Heating Equipment in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 21.2 | 18.1 | 26.2 | 20.2 | -1.6% |
| Finland | 11.7 | 11.4 | 16.5 | 12.9 | 3.3% |
| Germany | 4.3 | 5.7 | 6.4 | 7.1 | 18.2% |
| Denmark | 4.7 | 5.4 | 7.8 | 6.0 | 8.5% |
| France | 5.5 | 4.4 | 5.9 | 5.5 | 0.0% |
| Poland | 2.1 | 1.5 | 1.8 | 2.5 | 6.0% |
| Netherlands | 1.6 | 1.8 | 2.3 | 2.2 | 11.2% |
| Others | 16.3 | 17.4 | 18.5 | 18.3 | 3.9% |
| Total | 67.2 | 65.6 | 85.5 | 74.7 | 3.6% |
Top Export Markets for Electric Heating Equipment from Sweden in 2022:
- Norway (324.1K units)
- Finland (157.2K units)
- Denmark (87.8K units)
- Poland (47.0K units)
- Germany (31.2K units)
- Netherlands (26.0K units)
- France (17.8K units)
Electric Heating Equipment Imports in Sweden
In 2022, electric heating equipment imports into Sweden reached 1.4M units, picking up by 1.9% against 2021 figures. In general, imports, however, showed a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 14%. Over the period under review, imports reached the maximum at 1.8M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, electric heating equipment imports contracted to $64M in 2022. The total import value increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 45% against the previous year. As a result, imports attained the peak of $69M, and then contracted in the following year.
| Import of Electric Heating Equipment in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 22.3 | 15.9 | 25.7 | 29.5 | 9.8% |
| United Kingdom | 15.4 | 15.9 | 22.1 | 17.6 | 4.6% |
| Germany | 5.2 | 4.9 | 5.7 | 2.7 | -19.6% |
| Poland | 1.7 | 1.4 | 2.1 | 2.4 | 12.2% |
| Denmark | 0.9 | 0.9 | 1.1 | 1.6 | 21.1% |
| Italy | 0.9 | 0.9 | 1.5 | 1.5 | 18.6% |
| Netherlands | 0.3 | 0.3 | 0.7 | 0.9 | 44.2% |
| Turkey | 1.6 | 1.7 | 1.7 | 0.1 | -60.3% |
| Others | 6.0 | 5.5 | 8.1 | 8.1 | 10.5% |
| Total | 54.4 | 47.4 | 68.6 | 64.4 | 5.8% |
Top Suppliers of Electric Heating Equipment to Sweden in 2022:
- China (841.7K units)
- United Kingdom (250.6K units)
- Poland (80.0K units)
- Germany (45.1K units)
- Denmark (31.4K units)
- Italy (27.3K units)
- Netherlands (24.1K units)
- Turkey (1.4K units)
This report provides an in-depth analysis of the electric heating 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 27512630 - Electric storage heating radiators
- Prodcom 27512650 - Electric radiators, convection heaters and heaters or fires with built-in fans
- Prodcom 27512690 - Other electric space heaters
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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