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Sweden - Microwave Ovens - Market Analysis, Forecast, Size, Trends and Insights
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Sweden: Microwave Oven Market Overview 2021

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Microwave Oven Market Size in Sweden

In 2020, the Swedish microwave oven market decreased by -X% to $X, falling for the third consecutive year after five years of growth. In general, consumption saw a abrupt setback. The most prominent rate of growth was recorded in 2009 when the market value increased by X% y-o-y. Microwave oven consumption peaked at $X in 2017; however, from 2018 to 2020, consumption failed to regain the momentum.

Microwave Oven Production in Sweden

In value terms, microwave oven production contracted to $X in 2020 estimated in export prices. Overall, production recorded a drastic downturn. The pace of growth was the most pronounced in 2013 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2020, production growth remained at a somewhat lower figure.

Microwave Oven Exports

Exports from Sweden

In 2020, overseas shipments of microwave ovens decreased by -X% to X units for the first time since 2017, thus ending a two-year rising trend. Over the period under review, exports saw a noticeable contraction. The growth pace was the most rapid in 2018 with an increase of X% against the previous year. Over the period under review, exports reached the peak figure at X units in 2008; however, from 2009 to 2020, exports stood at a somewhat lower figure.

In value terms, microwave oven exports dropped to $X in 2020. Overall, exports continue to indicate a abrupt decline. The most prominent rate of growth was recorded in 2008 with an increase of X% against the previous year. As a result, exports attained the peak of $X. From 2009 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Denmark (X units) was the main destination for microwave oven exports from Sweden, accounting for a X% share of total exports. Moreover, microwave oven exports to Denmark exceeded the volume sent to the second major destination, Lithuania (X units), more than tenfold.

From 2007 to 2020, the average annual growth rate of volume to Denmark stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+X% per year) and Finland (+X% per year).

In value terms, Denmark ($X) remains the key foreign market for microwave oven exports from Sweden, comprising X% of total exports. The second position in the ranking was occupied by Lithuania ($X), with a X% share of total exports.

From 2007 to 2020, the average annual rate of growth in terms of value to Denmark totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+X% per year) and Finland (+X% per year).

Export Prices by Country

In 2020, the average microwave oven export price amounted to $X per unit, reducing by -X% against the previous year. Over the period under review, the export price saw a deep downturn. The growth pace was the most rapid in 2010 when the average export price increased by X% against the previous year. As a result, export price attained the peak level of $X per unit. From 2011 to 2020, the growth in terms of the average export prices failed to regain the momentum.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was Finland ($X per unit), while the average price for exports to Denmark ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Finland, while the prices for the other major destinations experienced a decline.

Microwave Oven Imports

Imports into Sweden

In 2020, the amount of microwave ovens imported into Sweden contracted remarkably to X units, reducing by -X% against the previous year's figure. Overall, imports recorded a abrupt contraction. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2020, the growth imports remained at a somewhat lower figure.

In value terms, microwave oven imports fell to $X in 2020. In general, imports saw a relatively flat trend pattern. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2020, imports failed to regain the momentum.

Imports by Country

China (X units), Germany (X units) and the UK (X units) were the main suppliers of microwave oven imports to Sweden, with a combined X% share of total imports. Italy, Denmark and Poland lagged somewhat behind, together accounting for a further X 2007 to 2020, the biggest increases were in Poland, while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X), Germany ($X) and the UK ($X) were the largest microwave oven suppliers to Sweden, together accounting for X% of total imports. These countries were followed by Italy, Denmark and Poland, which together accounted for a further X recorded the highest growth rate of 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

The average microwave oven import price stood at $X per unit in 2020, jumping by X% against the previous year. Over the last thirteen years, it increased at an average annual rate of +X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Italy ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for microwave ovens in the world?
+
The countries with the highest volumes of microwave oven consumption in 2020 were the U.S. (45M units), China (36M units) and Japan (18M units), together comprising 59% of global consumption. India, the UK, Brazil, France, Spain, Russia, Turkey and Italy lagged somewhat behind, together comprising a further 22%.
What are the largest producers of microwave ovens in the world?
+
China (87M units) constituted the country with the largest volume of microwave oven production, accounting for 64% of total volume. Moreover, microwave oven production in China exceeded the figures recorded by the second-largest producer, Japan (8.9M units), tenfold. Malaysia (8.2M units) ranked third in terms of total production with a 6% share.
What are the leading suppliers of microwave ovens to Sweden?
+
In value terms, the largest microwave oven suppliers to Sweden were China ($14M), Germany ($12M) and the UK ($8.9M), together accounting for 72% of total imports. Italy, Denmark and Poland lagged somewhat behind, together comprising a further 27%.
What are the leading importers of microwave ovens from Sweden?
+
In value terms, Denmark ($21M) remains the key foreign market for microwave oven exports from Sweden, comprising 81% of total exports. The second position in the ranking was occupied by Lithuania ($3.5M), with a 14% share of total exports.
What is the average export price for microwave ovens in Sweden?
+
The average microwave oven export price stood at $53 per unit in 2020, declining by -8.6% against the previous year.
What is the average import price for microwave ovens in Sweden?
+
The average microwave oven import price stood at $104 per unit in 2020, increasing by 38% against the previous year.

Product coverage:
• Prodcom 27512700 - Domestic microwave ovens

This report provides an in-depth analysis of the microwave oven market in Sweden. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Sweden

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Sweden
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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