Sweden: Non-Electric Roasting Furnace Market 2024

Non-Electric Roasting Furnace Market Size in Sweden

In 2022, after ten years of growth, there was decline in the Swedish non-electric roasting furnace market, when its value decreased by X% to $X. Over the period under review, consumption enjoyed a significant expansion. As a result, consumption reached the peak level of $X, and then declined modestly in the following year.

Non-Electric Roasting Furnace Production in Sweden

In value terms, non-electric roasting furnace production skyrocketed to $X in 2022 estimated in export price. Overall, production saw mild growth. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, production attained the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Non-Electric Roasting Furnace Exports

Exports from Sweden

In 2022, shipments abroad of non-electric furnaces and ovens for the roasting or melting decreased by X% to X units, falling for the second year in a row after two years of growth. Overall, exports saw a drastic downturn. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, non-electric roasting furnace exports contracted sharply to $X in 2022. In general, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2019 when exports increased by X% against the previous year. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units), Norway (X units) and Ghana (X units) were the main destinations of non-electric roasting furnace exports from Sweden, with a combined X% share of total exports.

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

In value terms, the United States ($X) remains the key foreign market for non-electric furnaces and ovens for the roasting or melting exports from Sweden, comprising X% of total exports. The second position in the ranking was taken by Norway ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

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

Export Prices by Country

In 2022, the average non-electric roasting furnace export price amounted to $X per unit, falling by X% against the previous year. In general, the export price, however, showed prominent growth. The most prominent rate of growth was recorded in 2014 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Japan ($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 Turkey (X%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Roasting Furnace Imports

Imports into Sweden

In 2022, after ten years of growth, there was significant decline in overseas purchases of non-electric furnaces and ovens for the roasting or melting, when their volume decreased by X% to X units. Over the period under review, imports showed a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports attained the peak of X units, and then declined remarkably in the following year.

In value terms, non-electric roasting furnace imports contracted rapidly to $X in 2022. Overall, imports recorded a noticeable decline. The pace of growth appeared the most rapid in 2015 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2021, and then shrank significantly in the following year.

Imports by Country

The United States (X units), Denmark (X units) and Germany (X units) were the main suppliers of non-electric roasting furnace imports to Sweden, with a combined X% share of total imports.

From 2020 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the United States (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Denmark ($X) and Germany ($X) constituted the largest non-electric roasting furnace suppliers to Sweden, together comprising X% of total imports.

The United States, with a CAGR of X%, saw 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

The average non-electric roasting furnace import price stood at $X per unit in 2022, shrinking by X% against the previous year. In general, import price indicated a noticeable expansion from 2020 to 2022: its price increased at an average annual rate of X% over the last two-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-electric roasting furnace import price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 when the average import price increased by X%. As a result, import price attained the peak level of $X per unit, and then declined rapidly in the following year.

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

From 2020 to 2022, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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