Sweden: Domestic Coffee Machine Market 2024

Domestic Coffee Machine Market Size in Sweden

In 2022, the Swedish domestic coffee machine market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, saw a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then reduced remarkably in the following year.

Domestic Coffee Machine Production in Sweden

In value terms, domestic coffee machine production dropped significantly to $X in 2022 estimated in export price. In general, production, however, posted a buoyant expansion. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, production attained the peak level of $X. From 2020 to 2022, production growth failed to regain momentum.

Domestic Coffee Machine Exports

Exports from Sweden

In 2022, the amount of domestic electric coffee or tea makers exported from Sweden dropped to X units, declining by X% on 2021 figures. Overall, exports showed a abrupt decrease. The growth pace was the most rapid in 2015 with an increase of X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, domestic coffee machine exports fell to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2021, and then reduced in the following year.

Exports by Country

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

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iceland (with a CAGR of X%), while the other leaders experienced a decline.

In value terms, the largest markets for domestic coffee machine exported from Sweden were Norway ($X), Denmark ($X) and Finland ($X), together accounting for X% of total exports. Iceland and Germany lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Iceland, with a CAGR of X%, recorded 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

The average domestic coffee machine export price stood at $X per unit in 2022, remaining stable against the previous year. In general, the export price continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2017 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to Germany ($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.

Domestic Coffee Machine Imports

Imports into Sweden

In 2022, purchases abroad of domestic electric coffee or tea makers decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports recorded a abrupt setback. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, domestic coffee machine imports shrank markedly to $X in 2022. In general, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, imports reached the peak figure at $X in 2021, and then fell notably in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of domestic coffee machine to Sweden, with a X% share of total imports. Moreover, domestic coffee machine imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), threefold. The third position in this ranking was taken by Denmark (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (X% per year) and Denmark (X% per year).

In value terms, the largest domestic coffee machine suppliers to Sweden were Denmark ($X), Germany ($X) and Italy ($X), with a combined X% share of total imports. China, the Netherlands, Belgium, France, Poland and Hong Kong SAR lagged somewhat behind, together accounting for a further X%.

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

Import Prices by Country

The average domestic coffee machine import price stood at $X per unit in 2022, dropping by X% against the previous year. Overall, the import price, however, recorded a strong increase. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2021, and then shrank modestly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for China ($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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