Price for Non-Furniture Refrigerating or Freezing Equipment in Sweden - 2023
Contents:
- Price for Non-Furniture Refrigerating or Freezing Equipment in Sweden (FOB) - 2022
- Price for Non-Furniture Refrigerating or Freezing Equipment in Sweden (CIF) - 2023
- Exports of Non-Furniture Refrigerating or Freezing Equipment in Sweden
- Imports of Non-Furniture Refrigerating or Freezing Equipment in Sweden
Price for Non-Furniture Refrigerating or Freezing Equipment in Sweden (FOB) - 2022
The average export price for non-furniture refrigerating or freezing equipment stood at $276 per unit in 2022, falling by -12.1% against the previous year. Overall, the export price showed a noticeable contraction. The pace of growth appeared the most rapid in 2020 when the average export price increased by 9.3% against the previous year. The export price peaked at $397 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
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 the Netherlands ($352 per unit), while the average price for exports to Norway ($160 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+0.7%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Non-Furniture Refrigerating or Freezing Equipment in Sweden (CIF) - 2023
In July 2023, the average import price for non-furniture refrigerating or freezing equipment amounted to $288 per unit, jumping by 21% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +3.2%. The pace of growth was the most pronounced in August 2022 when the average import price increased by 48% m-o-m. Over the period under review, average import prices attained the peak figure at $352 per unit in December 2022; however, from January 2023 to July 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In July 2023, the country with the highest price was Italy ($386 per unit), while the price for China ($91.2 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Croatia (+2.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Non-Furniture Refrigerating or Freezing Equipment in Sweden
In 2022, non-furniture refrigerating or freezing equipment exports from Sweden rose notably to 497K units, surging by 11% on the year before. The total export volume increased at an average annual rate of +5.7% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 13% against the previous year. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.
In value terms, non-furniture refrigerating or freezing equipment exports shrank slightly to $137M in 2022. The total export value increased at an average annual rate of +5.9% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 18%. As a result, the exports attained the peak of $141M, and then shrank slightly in the following year.
| Export of Non-Furniture Refrigerating or Freezing Equipment in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Finland | 4.7 | 6.9 | 14.9 | 17.7 | 55.6% |
| Norway | 14.0 | 13.0 | 15.6 | 16.0 | 4.6% |
| Denmark | 6.1 | 5.9 | 6.8 | 12.2 | 26.0% |
| Spain | 10.2 | 8.7 | 3.5 | 7.8 | -8.6% |
| United States | 6.1 | 3.1 | 8.8 | 7.6 | 7.6% |
| Thailand | 7.0 | 10.6 | 9.0 | 6.3 | -3.5% |
| India | 1.5 | 1.6 | 2.4 | 5.0 | 49.4% |
| United Kingdom | 2.1 | 5.3 | 5.3 | 4.5 | 28.9% |
| Romania | 0.4 | N/A | N/A | 3.9 | 113.6% |
| Netherlands | 6.2 | 2.3 | 4.4 | 3.9 | -14.3% |
| France | 2.7 | 4.1 | 4.7 | 3.7 | 11.1% |
| Egypt | 1.9 | 2.5 | 2.5 | 3.6 | 23.7% |
| Singapore | N/A | 0.4 | N/A | 2.0 | 123.6% |
| Others | 52.5 | 54.9 | 62.9 | 43.0 | -6.4% |
| Total | 115 | 119 | 141 | 137 | 6.0% |
Top Export Markets for Non-Furniture Refrigerating or Freezing Equipment from Sweden in 2022:
- Norway (100.0K units)
- Finland (67.3K units)
- Denmark (53.1K units)
- United States (28.6K units)
- Spain (22.2K units)
- Thailand (21.3K units)
- United Kingdom (14.4K units)
- India (14.2K units)
- Romania (14.0K units)
- Egypt (12.5K units)
- Netherlands (11.1K units)
- France (11.1K units)
- Singapore (10.9K units)
Imports of Non-Furniture Refrigerating or Freezing Equipment in Sweden
In 2022, approx. 310K units of non-furniture refrigerating or freezing equipment were imported into Sweden; picking up by 25% on the year before. The total import volume increased at an average annual rate of +8.9% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, non-furniture refrigerating or freezing equipment imports skyrocketed to $78M in 2022. The total import value increased at an average annual rate of +8.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Non-Furniture Refrigerating or Freezing Equipment in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 5.3 | 5.5 | 8.6 | 11.4 | 29.1% |
| Italy | 6.5 | 5.4 | 8.3 | 8.8 | 10.6% |
| Ireland | 11.0 | 13.4 | 9.4 | 8.5 | -8.2% |
| Germany | 5.0 | 6.5 | 6.2 | 8.1 | 17.4% |
| Denmark | 4.9 | 4.8 | 5.2 | 7.4 | 14.7% |
| Croatia | 3.4 | 2.9 | 2.9 | 5.4 | 16.7% |
| Czech Republic | 2.3 | 2.4 | 2.9 | 4.0 | 20.3% |
| Spain | 7.3 | 4.4 | 0.2 | 3.7 | -20.3% |
| Belgium | 1.9 | 2.1 | 1.9 | 2.6 | 11.0% |
| Netherlands | 1.7 | 1.5 | 5.9 | 1.8 | 1.9% |
| Finland | 2.0 | 1.5 | 0.9 | 1.2 | -15.7% |
| France | 2.0 | 1.2 | 3.0 | 1.0 | -20.6% |
| Turkey | 0.7 | 0.6 | 0.4 | 0.3 | -24.6% |
| Others | 7.4 | 10.1 | 7.7 | 13.4 | 21.9% |
| Total | 61.4 | 62.4 | 63.5 | 77.6 | 8.1% |
Top Suppliers of Non-Furniture Refrigerating or Freezing Equipment to Sweden in 2022:
- China (114.0K units)
- Croatia (36.7K units)
- Germany (26.7K units)
- Italy (21.2K units)
- Czech Republic (20.0K units)
- Ireland (19.6K units)
- Spain (16.7K units)
- Denmark (9.0K units)
- Belgium (7.2K units)
- Netherlands (5.9K units)
- Finland (4.1K units)
- France (4.0K units)
- Turkey (3.0K units)
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