Sweden - Compressors For Refrigeration Equipment - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRefrigerator Compressor Price in Sweden - 2023
Contents:
- Refrigerator Compressor Price in Sweden (CIF) - 2023
- Refrigerator Compressor Price in Sweden (FOB) - 2023
- Refrigerator Compressor Imports in Sweden
- Refrigerator Compressor Exports in Sweden
Refrigerator Compressor Price in Sweden (CIF) - 2023
The average refrigerator compressor import price stood at $207 per unit in July 2023, surging by 2.6% against the previous month. Over the period from July 2022 to July 2023, it increased at an average monthly rate of +1.6%. The pace of growth was the most pronounced in October 2022 an increase of 21% month-to-month. The import price peaked at $211 per unit in March 2023; however, from April 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 France ($296 per unit), while the price for China ($56.1 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 France (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Refrigerator Compressor Price in Sweden (FOB) - 2023
In July 2023, the average refrigerator compressor export price amounted to $446 per unit, waning by -3.2% against the previous month. Over the period under review, export price indicated pronounced growth from July 2022 to July 2023: its price increased at an average monthly rate of +2.5% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, refrigerator compressor export price decreased by -9.0% against May 2023 indices. The pace of growth appeared the most rapid in November 2022 when the average export price increased by 93% against the previous month. As a result, the export price reached the peak level of $590 per unit. From December 2022 to July 2023, the the average export prices remained at a lower figure.
Prices varied noticeably by the country of destination: the country with the highest price was Finland ($510 per unit), while the average price for exports to Morocco ($7.2 per unit) was amongst the lowest.
From July 2022 to July 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.
Refrigerator Compressor Imports in Sweden
In 2022, overseas purchases of compressors for refrigeration equipment decreased by -3.9% to 595K units for the first time since 2018, thus ending a three-year rising trend. In general, total imports indicated a buoyant expansion from 2019 to 2022: its volume increased at an average annual rate of +19.2% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +69.5% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 56%. As a result, imports reached the peak of 619K units, and then dropped modestly in the following year.
In value terms, refrigerator compressor imports contracted to $85M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +12.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +44.1% against 2019 indices. The pace of growth was the most pronounced in 2021 when imports increased by 28%. As a result, imports attained the peak of $92M, and then fell in the following year.
| Import of Refrigerator Compressor in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 14.0 | 18.0 | 27.6 | 33.7 | 34.0% |
| Thailand | 10.0 | 13.7 | 19.5 | 23.7 | 33.3% |
| Japan | 10.2 | 6.7 | 5.9 | 5.9 | -16.7% |
| United States | 2.6 | 5.4 | 5.9 | 4.4 | 19.2% |
| China | 2.1 | 3.3 | 5.8 | 2.5 | 6.0% |
| Portugal | 0.8 | 1.1 | 1.0 | 2.3 | 42.2% |
| Poland | 5.7 | 9.1 | 13.0 | 1.0 | -44.0% |
| Italy | 0.8 | 1.9 | 1.1 | 0.8 | 0.0% |
| Denmark | 0.3 | 0.3 | 0.4 | 0.8 | 38.7% |
| United Kingdom | 5.1 | 3.0 | 0.1 | 0.3 | -61.1% |
| Others | 7.6 | 9.4 | 11.7 | 9.7 | 8.5% |
| Total | 59.2 | 71.9 | 92.1 | 85.2 | 12.9% |
Top Suppliers of Refrigerator Compressor to Sweden in 2022:
- Germany (207.3K units)
- Thailand (140.5K units)
- China (67.1K units)
- United States (43.8K units)
- Japan (40.4K units)
- Portugal (31.9K units)
- Denmark (18.8K units)
- Italy (6.9K units)
- Poland (6.7K units)
- United Kingdom (1.5K units)
Refrigerator Compressor Exports in Sweden
Refrigerator compressor exports from Sweden reduced to 62K units in 2022, waning by -7.6% against the previous year. The total export volume increased at an average annual rate of +3.2% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 34%. As a result, the exports attained the peak of 67K units, and then fell in the following year.
In value terms, refrigerator compressor exports stood at $13M in 2022. The total export value increased at an average annual rate of +12.1% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 24%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Refrigerator Compressor in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Brazil | 2,193 | 1,821 | 2,919 | 2,252 | 0.9% |
| Czech Republic | 776 | 782 | 1,055 | 1,695 | 29.7% |
| Norway | 1,129 | 1,451 | 1,289 | 1,467 | 9.1% |
| Denmark | 448 | 506 | 702 | 1,226 | 39.9% |
| Finland | 1,480 | 1,401 | 1,032 | 874 | -16.1% |
| United States | 314 | 303 | 413 | 627 | 25.9% |
| Germany | 476 | 424 | 442 | 572 | 6.3% |
| Australia | 281 | 254 | 510 | 525 | 23.2% |
| United Kingdom | 158 | 95.9 | 151 | 287 | 22.0% |
| Russia | 808 | 739 | 1,354 | 269 | -30.7% |
| Netherlands | 109 | 158 | 121 | 253 | 32.4% |
| China | 124 | 182 | 231 | 230 | 22.9% |
| India | 6.8 | 14.9 | 44.8 | 197 | 207.1% |
| Others | 996 | 1,377 | 1,562 | 2,618 | 38.0% |
| Total | 9,300 | 9,508 | 11,824 | 13,091 | 12.1% |
Top Export Markets for Refrigerator Compressor from Sweden in 2022:
- Brazil (24.1K units)
- Germany (6.5K units)
- Denmark (5.4K units)
- Norway (3.8K units)
- Finland (3.3K units)
- Australia (2.3K units)
- Czech Republic (2.3K units)
- United States (2.2K units)
- Netherlands (1.7K units)
- India (1.4K units)
- United Kingdom (1.4K units)
- Russia (1.2K units)
- China (1.0K units)
This report provides an in-depth analysis of the refrigerator compressor 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 28132300 - Compressors for refrigeration 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:
- 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
-
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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