Report Update: May 1, 2024

Sweden - Insulating Fittings For Electrical Purposes - Market Analysis, Forecast, Size, Trends And Insights

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Insulating Fittings Price in Sweden - 2023

Insulating Fittings Price in Sweden (CIF) - 2022

The average insulating fittings import price stood at $14,781 per ton in 2022, surging by 15% against the previous year. Overall, the import price, however, showed a noticeable setback. Over the period under review, average import prices hit record highs at $21,237 per ton in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Estonia ($23,207 per ton), while the price for Denmark ($3,463 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+6.1%), while the prices for the other major suppliers experienced a decline.

Insulating Fittings Price in Sweden (FOB) - 2022

The average insulating fittings export price stood at $6,875 per ton in 2022, therefore, remained relatively stable against the previous year. Overall, the export price, however, recorded a deep slump. The growth pace was the most rapid in 2016 when the average export price increased by 18%. The export price peaked at $11,851 per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was South Korea ($22,067 per ton), while the average price for exports to Poland ($3,223 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United Arab Emirates (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Insulating Fittings Imports in Sweden

After three years of growth, overseas purchases of insulating fittings for electrical purposes decreased by -42.3% to 872 tons in 2022. Overall, imports, however, saw a moderate expansion. The growth pace was the most rapid in 2021 with an increase of 77% against the previous year. As a result, imports attained the peak of 1.5K tons, and then reduced notably in the following year.

In value terms, insulating fittings imports reduced markedly to $13M in 2022. Over the period under review, imports, however, showed a prominent expansion. The most prominent rate of growth was recorded in 2021 with an increase of 92% against the previous year. As a result, imports reached the peak of $19M, and then dropped remarkably in the following year.

Import of Insulating Fittings in Sweden (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Poland	3.6	4.5	10.2	6.4	21.1%
China	1.8	1.5	3.8	1.8	0.0%
Germany	1.2	1.1	1.5	1.5	7.7%
Estonia	1.4	1.5	1.4	1.3	-2.4%
India	N/A	N/A	1.1	0.8	-27.3%
Denmark	0.3	0.3	0.4	0.2	-12.6%
Others	1.7	1.2	0.9	1.1	-13.5%
Total	10.1	10.1	19.4	12.9	8.5%

Top Suppliers of Insulating Fittings to Sweden in 2022:

Poland (321.5 tons)
Germany (197.0 tons)
China (125.3 tons)
India (98.3 tons)
Estonia (54.1 tons)
Denmark (53.6 tons)

Insulating Fittings Exports in Sweden

In 2022, shipments abroad of insulating fittings for electrical purposes increased by 29% to 883 tons for the first time since 2019, thus ending a two-year declining trend. The total export volume increased at an average annual rate of +3.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, insulating fittings exports skyrocketed to $6.1M in 2022. Overall, exports, however, recorded a noticeable contraction.

Export of Insulating Fittings in Sweden (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Norway	278	284	602	964	51.4%
Poland	1,538	1,409	1,169	829	-18.6%
Brazil	51.6	194	293	796	148.9%
Denmark	165	491	707	719	63.3%
China	543	432	452	563	1.2%
Canada	251	338	331	516	27.2%
Estonia	147	94.5	78.9	277	23.5%
Colombia	232	26.2	62.0	90.4	-27.0%
India	1,052	488	181	52.4	-63.2%
Germany	1,105	821	14.8	33.2	-68.9%
Spain	426	413	3.9	0.1	-93.8%
Others	1,236	1,334	797	1,231	-0.1%
Total	7,023	6,323	4,690	6,071	-4.7%

Top Export Markets for Insulating Fittings from Sweden in 2022:

Spain (undefined tons)
Poland (257.2 tons)
Norway (122.9 tons)
Canada (114.3 tons)
China (99.1 tons)
Brazil (92.5 tons)
Estonia (50.3 tons)
Denmark (37.7 tons)
Colombia (14.5 tons)
India (10.3 tons)
Germany (4.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the insulating fittings 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 27901280 - Insulating fittings for electrical purposes, of materials other than ceramics or plastics, electrical conduit tubing and joints therefor, of base metal lined with insulating material

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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