Sweden: Internal Combustion Engines Market 2024

Internal Combustion Engines Market Size in Sweden

For the sixth year in a row, the Swedish internal combustion engines market recorded decline in sales value, which decreased by X% to $X in 2022. Over the period under review, consumption faced a abrupt decrease. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Internal Combustion Engines Production in Sweden

In value terms, internal combustion engines production totaled $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X%. Internal combustion engines production peaked at $X in 2017; however, from 2018 to 2022, production remained at a lower figure.

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Internal Combustion Engines Exports

Exports from Sweden

In 2022, overseas shipments of motor vehicles compression-ignition internal combustion piston engines increased by X% to X units, rising for the sixth consecutive year after two years of decline. In general, exports posted strong growth. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, internal combustion engines exports fell slightly to $X in 2022. Over the period under review, total exports indicated a noticeable expansion 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, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports failed to regain momentum.

Exports by Country

Belgium (X units), France (X units) and the Netherlands (X units) were the main destinations of internal combustion engines exports from Sweden, together accounting for X% of total exports.

From 2012 to 2022, the biggest increases were recorded for France (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), France ($X) and the Netherlands ($X) were the largest markets for internal combustion engines exported from Sweden worldwide, together accounting for X% of total exports.

France, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average internal combustion engines export price amounted to $X per unit, with a decrease of X% against the previous year. In general, the export price showed a abrupt shrinkage. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to the Netherlands ($X per unit) 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 a decline.

Internal Combustion Engines Imports

Imports into Sweden

In 2022, imports of motor vehicles compression-ignition internal combustion piston engines into Sweden rose significantly to X units, picking up by X% on the previous year's figure. Overall, imports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2018 when imports increased by X%. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, internal combustion engines imports shrank to $X in 2022. Over the period under review, imports, however, showed a abrupt decline. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2022, imports remained at a lower figure.

Imports by Country

France (X units), Germany (X units) and China (X units) were the main suppliers of internal combustion engines imports to Sweden, with a combined X% share of total imports. The Netherlands, the UK, the United States, Japan, Finland, Belgium, Switzerland, the Czech Republic and Norway lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, France ($X) constituted the largest supplier of motor vehicles compression-ignition internal combustion piston engines to Sweden, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from France stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the United States (X% per year).

Import Prices by Country

In 2022, the average internal combustion engines import price amounted to $X per unit, dropping by X% against the previous year. Over the period under review, import price indicated a tangible 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, internal combustion engines import price decreased by X% against 2017 indices. The pace of growth was the most pronounced in 2013 when the average import price increased by X%. Over the period under review, average import prices reached the maximum at $X per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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