Sweden: Combined Refrigerator-Freezer Market 2024

Combined Refrigerator-Freezer Market Size in Sweden

The Swedish combined refrigerator-freezer market fell to $X in 2022, declining by X% against the previous year. Over the period under review, consumption recorded a relatively flat trend pattern. Combined refrigerator-freezer consumption peaked at $X in 2021, and then shrank in the following year.

Combined Refrigerator-Freezer Production in Sweden

In value terms, combined refrigerator-freezer production fell significantly to $X in 2022 estimated in export price. Over the period under review, production saw a abrupt decrease. The growth pace was the most rapid in 2021 with an increase of X%. Combined refrigerator-freezer production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

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Combined Refrigerator-Freezer Exports

Exports from Sweden

In 2022, after four years of growth, there was significant decline in shipments abroad of combined refrigerators-freezers, when their volume decreased by X% to X units. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2021, and then fell rapidly in the following year.

In value terms, combined refrigerator-freezer exports dropped to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of $X, and then declined in the following year.

Exports by Country

Finland (X units), Norway (X units) and Denmark (X units) were the main destinations of combined refrigerator-freezer exports from Sweden, with a combined X% share of total exports. Iceland and the UK lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Finland ($X) and Denmark ($X) constituted the largest markets for combined refrigerator-freezer exported from Sweden worldwide, with a combined X% share of total exports. Iceland and the UK lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, the UK, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average combined refrigerator-freezer export price amounted to $X per unit, increasing by X% against the previous year. Overall, export price indicated a measured increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, combined refrigerator-freezer export price increased by X% against 2017 indices. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to Finland ($X 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 Denmark (X%), while the prices for the other major destinations experienced more modest paces of growth.

Combined Refrigerator-Freezer Imports

Imports into Sweden

After two years of growth, supplies from abroad of combined refrigerators-freezers decreased by X% to X units in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 when imports increased by X%. Imports peaked at X units in 2021, and then declined remarkably in the following year.

In value terms, combined refrigerator-freezer imports dropped to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

Hungary (X units), China (X units) and Poland (X units) were the main suppliers of combined refrigerator-freezer imports to Sweden, together comprising X% of total imports. Turkey, Denmark, Italy, Germany and Romania lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Romania (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest combined refrigerator-freezer suppliers to Sweden were Poland ($X), Turkey ($X) and Hungary ($X), together accounting for X% of total imports. China, Italy, Germany, Denmark and Romania lagged somewhat behind, together accounting for a further X%.

Romania, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average combined refrigerator-freezer import price amounted to $X per unit, jumping by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue 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 Germany ($X per unit), while the price for Denmark ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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