Sweden: Inflatable Vessel Market 2024

Inflatable Vessel Market Size in Sweden

In 2022, the Swedish inflatable vessel market decreased by X% to less than $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, posted a resilient expansion. As a result, consumption reached the peak level of $X, and then shrank significantly in the following year.

Inflatable Vessel Production in Sweden

In value terms, inflatable vessel production stood at less than $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern.

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Inflatable Vessel Exports

Exports from Sweden

Inflatable vessel exports from Sweden amounted to X units in 2021, surging by X% against the previous year's figure. Over the period under review, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, the exports attained the peak of X units. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, inflatable vessel exports skyrocketed to $X in 2021. In general, exports enjoyed a prominent expansion. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Finland (X units), Norway (X units) and Turkey (X units) were the main destinations of inflatable vessel exports from Sweden, with a combined X% share of total exports. Denmark and Austria lagged somewhat behind, together comprising a further X%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Austria (with a CAGR of X%), while the other leaders experienced mixed trend patterns.

In value terms, Norway ($X) emerged as the key foreign market for inflatable vessels for pleasure or sports exports from Sweden, comprising X% of total exports. The second position in the ranking was held by Finland ($X), with a X% share of total exports. It was followed by Turkey, with a X% share.

From 2012 to 2021, the average annual rate of growth in terms 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 Turkey (X% per year).

Export Prices by Country

The average inflatable vessel export price stood at $X per unit in 2021, surging by X% against the previous year. Over the period under review, the export price enjoyed a remarkable increase. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. The export price peaked in 2021 and is likely to see gradual growth in years to come.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Turkey ($X per unit), while the average price for exports to Finland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Cayman Islands (X%), while the prices for the other major destinations experienced more modest paces of growth.

Inflatable Vessel Imports

Imports into Sweden

Inflatable vessel imports into Sweden surged to X units in 2021, rising by X% compared with the previous year. In general, imports saw strong growth. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, inflatable vessel imports surged to $X in 2021. Overall, imports saw buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest supplier of inflatable vessel to Sweden, accounting for a X% share of total imports. Moreover, inflatable vessel imports from China exceeded the figures recorded by the second-largest supplier, Poland (X units), more than tenfold. The third position in this ranking was held by Denmark (X units), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Denmark (X% per year).

In value terms, China ($X) constituted the largest supplier of inflatable vessels for pleasure or sports to Sweden, comprising X% of total imports. The second position in the ranking was taken by Poland ($X), with a X% share of total imports. It was followed by Denmark, with a X% share.

From 2012 to 2021, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Denmark (X% per year).

Import Prices by Country

The average inflatable vessel import price stood at $X per unit in 2021, which is down by X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per unit. From 2017 to 2021, the average import prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Denmark ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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