Sweden: Market for Domestic, Non-Electric, Cooking Or Heating Appliances 2024

Market Size for Domestic, Non-Electric, Cooking Or Heating Appliances in Sweden

In 2022, the Swedish market for domestic, non-electric, cooking or heating appliances increased by X% to $X, rising for the third consecutive year after two years of decline. In general, the total consumption indicated a notable increase from 2012 to 2022: its value 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, consumption increased by X% against 2019 indices. Over the period under review, the market hit record highs in 2022 and is likely to continue growth in the immediate term.

Production of Domestic, Non-Electric, Cooking Or Heating Appliances in Sweden

In value terms, production of domestic, non-electric, cooking or heating appliances contracted modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a deep downturn. The pace of growth appeared the most rapid in 2013 when the production volume increased by X%. Over the period under review, production of hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Domestic, Non-Electric, Cooking Or Heating Appliances

Exports from Sweden

Exports of domestic, non-electric, cooking or heating appliances from Sweden surged to X units in 2022, growing by X% compared with 2021. Over the period under review, total exports indicated a prominent increase from 2012 to 2022: its volume 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, exports increased by X% against 2016 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of domestic, non-electric, cooking or heating appliances rose significantly to $X in 2022. In general, exports posted a buoyant increase. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Norway (X units) was the main destination for exports of domestic, non-electric, cooking or heating appliances from Sweden, with a X% share of total exports. Moreover, exports of domestic, non-electric, cooking or heating appliances to Norway exceeded the volume sent to the second major destination, Finland (X units), fourfold. Denmark (X units) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Norway amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (X% per year) and Denmark (X% per year).

In value terms, Norway ($X) remains the key foreign market for domestic, non-electric, cooking or heating appliances exports from Sweden, comprising X% of total exports. The second position in the ranking was taken by Finland ($X), with a X% share of total exports. It was followed by Denmark, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Norway amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (X% per year) and Denmark (X% per year).

Export Prices by Country

In 2022, the average export price for domestic, non-electric, cooking or heating appliances amounted to $X per unit, remaining stable against the previous year. Overall, export price indicated a pronounced 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, export price for domestic, non-electric, cooking or heating appliances increased by X% against 2020 indices. The pace of growth was the most pronounced in 2016 when the average export price increased by X%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2021, and then dropped in the following year.

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

Imports of Domestic, Non-Electric, Cooking Or Heating Appliances

Imports into Sweden

In 2022, after two years of growth, there was decline in overseas purchases of domestic, non-electric, cooking or heating appliances, when their volume decreased by X% to X units. Overall, imports saw a pronounced slump. The most prominent rate of growth was recorded in 2021 when imports increased by X%. Over the period under review, imports of reached the maximum at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of domestic, non-electric, cooking or heating appliances surged to $X in 2022. Over the period under review, imports, however, saw a resilient expansion. The growth pace was the most rapid in 2021 when imports increased by X%. Over the period under review, imports of attained the peak figure in 2022 and are likely to see gradual growth in the near future.

Imports by Country

In 2022, China (X units) was the main supplier of domestic, non-electric, cooking or heating appliance to Sweden, with a X% share of total imports. Moreover, imports of domestic, non-electric, cooking or heating appliances from China exceeded the figures recorded by the second-largest supplier, Denmark (X units), fourfold. The third position in this ranking was held by Canada (X units), with a X% share.

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

In value terms, China ($X) constituted the largest supplier of domestic, non-electric, cooking or heating appliances to Sweden, comprising X% of total imports. The second position in the ranking was taken by Denmark ($X), with a X% share of total imports. It was followed by Canada, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (X% per year) and Canada (X% per year).

Import Prices by Country

In 2022, the average import price for domestic, non-electric, cooking or heating appliances amounted to $X per unit, rising by X% against the previous year. Overall, import price indicated strong growth 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, import price for domestic, non-electric, cooking or heating appliances increased by X% against 2019 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to see gradual 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 Italy ($X per unit), while the price for China ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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