Sweden: Resistor Market 2024

Resistor Market Size in Sweden

In 2022, the Swedish resistor market increased by X% to $X for the first time since 2019, thus ending a two-year declining trend. Overall, consumption, however, saw a abrupt contraction. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Resistor Production in Sweden

In value terms, resistor production soared to $X in 2022 estimated in export price. In general, production, however, showed a deep slump. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Resistor Exports

Exports from Sweden

Resistor exports from Sweden skyrocketed to X units in 2022, increasing by X% compared with 2021 figures. Overall, exports, however, faced a deep slump. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, resistor exports reached $X in 2022. Over the period under review, exports, however, saw a mild setback. The pace of growth was the most pronounced in 2018 when exports increased by X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Poland (X units), Germany (X units) and Finland (X units) were the main destinations of resistor exports from Sweden, together accounting for X% of total exports. The United States, Estonia, Norway, the Netherlands, the UK, Hungary, Italy, Denmark and Australia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Australia (with a CAGR of X%), while shipments for the other leaders experienced a decline.

In value terms, Finland ($X) remains the key foreign market for electrical resistors (except heating resistors) exports from Sweden, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports. It was followed by the Netherlands, with an X% share.

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

Export Prices by Country

The average resistor export price stood at $X per thousand units in 2022, reducing by X% against the previous year. Overall, the export price, however, continues to indicate a significant increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per thousand units in 2020; however, from 2021 to 2022, 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 the Netherlands ($X per thousand units), while the average price for exports to Poland ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Resistor Imports

Imports into Sweden

In 2022, the amount of electrical resistors (except heating resistors) imported into Sweden fell to X units, declining by X% on 2021. In general, imports recorded a abrupt decline. The pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, resistor imports totaled $X in 2022. Overall, imports recorded a mild reduction. The pace of growth appeared the most rapid in 2021 with an increase of X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest resistor supplier to Sweden, accounting for a X% share of total imports. Moreover, resistor imports from Germany exceeded the figures recorded by the second-largest supplier, Belgium (X units), threefold. The third position in this ranking was taken by the Netherlands (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and the Netherlands (X% per year).

In value terms, the largest resistor suppliers to Sweden were Germany ($X), Japan ($X) and the UK ($X), with a combined X% share of total imports. The Netherlands, Belgium, the United States, Austria, China, France, Israel and Thailand lagged somewhat behind, together accounting for a further X%.

Israel, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among 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 resistor import price amounted to $X per thousand units, surging by X% against the previous year. In general, import price indicated a strong 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, resistor import price decreased by X% against 2020 indices. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per thousand units in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($X per thousand units), while the price for Belgium ($X per thousand units) was amongst the lowest.

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

Source: IndexBox Platform