Sweden: Market for Electric Generating Sets And Rotary Converters 2024

Market Size for Electric Generating Sets And Rotary Converters in Sweden

The Swedish market for electric generating sets and rotary converters surged to $X in 2021, growing by X% against the previous year. In general, consumption posted strong growth. Consumption of peaked in 2021 and is expected to retain growth in the immediate term.

Production of Electric Generating Sets And Rotary Converters in Sweden

In value terms, production of electric generating sets and rotary converters declined significantly to $X in 2021 estimated in export price. In general, production continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2018 with an increase of X%. As a result, production attained the peak level of $X. From 2019 to 2021, production of growth failed to regain momentum.

Exports of Electric Generating Sets And Rotary Converters

Exports from Sweden

Exports of electric generating sets and rotary converters from Sweden reached X units in 2021, rising by X% against 2020. Over the period under review, exports showed a resilient increase. The pace of growth appeared the most rapid in 2018 with an increase of X%. As a result, the exports attained the peak of X units. From 2019 to 2021, the growth of the exports of remained at a lower figure.

In value terms, exports of electric generating sets and rotary converters contracted notably to $X in 2021. Overall, exports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when exports increased by X%. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports of remained at a lower figure.

Exports by Country

Poland (X units), the United Arab Emirates (X units) and Norway (X units) were the main destinations of exports of electric generating sets and rotary converters from Sweden.

From 2012 to 2020, the biggest increases were recorded for Brazil (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) emerged as the key foreign market for electric generating sets and rotary converters exports from Sweden, comprising X% of total exports. The second position in the ranking was held by Brazil ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

From 2012 to 2020, the average annual growth rate of value to Norway totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (X% per year) and Belgium (X% per year).

Export Prices by Country

In 2020, the average export price for electric generating sets and rotary converters amounted to $X per unit, growing by X% against the previous year. Overall, the export price, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2020, the export prices failed to regain momentum.

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

From 2012 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Oman (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Generating Sets And Rotary Converters

Imports into Sweden

In 2021, approx. X units of electric generating sets and rotary converters were imported into Sweden; increasing by X% compared with the year before. Over the period under review, imports recorded a resilient expansion. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, imports of reached the maximum in 2021 and are likely to see gradual growth in the immediate term.

In value terms, imports of electric generating sets and rotary converters skyrocketed to $X in 2021. Overall, imports, however, showed a abrupt slump. The pace of growth was the most pronounced in 2018 with an increase of X%. Over the period under review, imports of hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2020, China (X units) was the main electric generating set and rotary converter supplier to Sweden, with a X% share of total imports. Moreover, imports of electric generating sets and rotary converters from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. The third position in this ranking was held by Denmark (X units), with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and Denmark (X% per year).

In value terms, Germany ($X) constituted the largest supplier of electric generating sets and rotary converters to Sweden, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by Denmark, with a X% share.

From 2012 to 2020, the average annual rate of growth in terms of value from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Denmark (X% per year).

Import Prices by Country

In 2020, the average import price for electric generating sets and rotary converters amounted to $X per unit, jumping by X% against the previous year. Over the period under review, the import price, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2020, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, 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 2020, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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