Sweden: Market for Insulated electric conductors for a voltage over 1000 V 2024

Market Size for Insulated electric conductors for a voltage over 1000 V in Sweden

The Swedish market for insulated electric conductors for a voltage over X v was finally on the rise to reach $X in 2022, after two years of decline. Overall, consumption showed a strong expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Insulated electric conductors for a voltage over X V in Sweden

In value terms, production of insulated electric conductors for a voltage over X v surged to $X in 2022 estimated in export price. In general, the total production indicated temperate growth 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, production increased by X% against 2019 indices. The growth pace was the most rapid in 2017 when the production volume increased by X%. Production of peaked in 2022 and is likely to see gradual growth in years to come.

Exports of Insulated electric conductors for a voltage over 1000 V

Exports from Sweden

In 2022, after two years of growth, there was decline in shipments abroad of insulated electric conductors for a voltage over X v, when their volume decreased by X% to X tons. Over the period under review, exports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports of reached the peak figure at X tons in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, exports of insulated electric conductors for a voltage over X v dropped remarkably to $X in 2022. Overall, exports, however, continue to indicate moderate growth. The growth pace was the most rapid in 2017 when exports increased by X% against the previous year. Over the period under review, the exports of reached the peak figure at $X in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

Exports by Country

The UK (X tons) was the main destination for exports of insulated electric conductors for a voltage over X v from Sweden, with a X% share of total exports. Moreover, exports of insulated electric conductors for a voltage over X v to the UK exceeded the volume sent to the second major destination, Norway (X tons), threefold. Greece (X tons) ranked third in terms of total exports with a X% share.

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

In value terms, the UK ($X) emerged as the key foreign market for insulated electric conductors for a voltage over X v exports from Sweden, comprising X% of total exports. The second position in the ranking was taken by Norway ($X), with a X% share of total exports. It was followed by Greece, with a X% share.

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

Export Prices by Country

The average export price for insulated electric conductors for a voltage over X v stood at $X per ton in 2022, with a decrease of X% against the previous year. Over the period under review, the export price showed a noticeable decline. The growth pace was the most rapid in 2021 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton, and then fell notably in the following year.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Iceland ($X per ton) was amongst the lowest.

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

Imports of Insulated electric conductors for a voltage over 1000 V

Imports into Sweden

In 2022, after two years of decline, there was significant growth in purchases abroad of insulated electric conductors for a voltage over X v, when their volume increased by X% to X tons. In general, imports saw a mild increase. The pace of growth was the most pronounced in 2013 when imports increased by X%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports of remained at a lower figure.

In value terms, imports of insulated electric conductors for a voltage over X v soared to $X in 2022. Over the period under review, imports recorded a mild expansion. The most prominent rate of growth was recorded in 2013 when imports increased by X%. As a result, imports attained the peak of $X. From 2014 to 2022, the growth of imports of remained at a lower figure.

Imports by Country

In 2022, Greece (X tons) constituted the largest insulated electric conductors for a voltage over X v supplier to Sweden, accounting for a X% share of total imports. Moreover, imports of insulated electric conductors for a voltage over X v from Greece exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. South Korea (X tons) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Greece stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and South Korea (X% per year).

In value terms, Greece ($X), Germany ($X) and France ($X) appeared to be the largest insulated electric conductors for a voltage over X v suppliers to Sweden, together comprising X% of total imports. South Korea, Finland, Russia, Estonia, Norway, Italy and Denmark lagged somewhat behind, together comprising a further X%.

South Korea, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of 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 import price for insulated electric conductors for a voltage over X v amounted to $X per ton, jumping by X% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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 Germany ($X per ton), while the price for Estonia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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