Scandinavia: Market for Electric Burglar Or Fire Alarms And Similar Apparatus 2025

Market Size for Electric Burglar Or Fire Alarms And Similar Apparatus in Scandinavia

The Scandinavia market for electric burglar or fire alarms and similar apparatus soared to $X in 2021, increasing by 26% against the previous year. Over the period under review, consumption, however, continues to indicate a perceptible decrease. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2021, consumption remained at a lower figure.

Production of Electric Burglar Or Fire Alarms And Similar Apparatus in Scandinavia

In value terms, electric burglar or fire alarm production rose to $X in 2021 estimated in export price. In general, production, however, showed a noticeable shrinkage. The pace of growth appeared the most rapid in 2014 when the production volume increased by 5.9% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Exports of Electric Burglar Or Fire Alarms And Similar Apparatus

Exports in Scandinavia

In 2021, after two years of decline, there was significant growth in shipments abroad of electric burglar or fire alarms and similar apparatus, when their volume increased by 5.2% to X units. Total exports indicated a notable expansion from 2012 to 2021: its volume increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -7.3% against 2018 indices. The growth pace was the most rapid in 2016 when exports increased by 30%. Over the period under review, the exports attained the peak figure at X units in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

In value terms, electric burglar or fire alarm exports stood at $X in 2021. The total export value increased at an average annual rate of +2.6% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2013 with an increase of 29% against the previous year. The level of export peaked at $X in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Sweden represented the main exporting country with an export of about X units, which reached 69% of total exports. Denmark (X units) held a 14% share (based on physical terms) of total exports, which put it in second place, followed by Finland (13%). Norway (X units) held a relatively small share of total exports.

From 2012 to 2021, average annual rates of growth with regard to electric burglar or fire alarm exports from Sweden stood at +4.9%. At the same time, Norway (+7.0%), Denmark (+4.2%) and Finland (+3.6%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +7.0% from 2012-2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) remains the largest electric burglar or fire alarm supplier in Scandinavia, comprising 67% of total exports. The second position in the ranking was held by Finland ($X), with a 13% share of total exports. It was followed by Norway, with a 10% share.

In Sweden, electric burglar or fire alarm exports expanded at an average annual rate of +3.1% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Finland (+5.7% per year) and Norway (+0.0% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per unit in 2021, surging by 2.9% against the previous year. In general, the export price, however, continues to indicate a mild curtailment. The most prominent rate of growth was recorded in 2017 an increase of 21%. The level of export peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Norway ($X per unit), while Denmark ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+2.0%), while the other leaders experienced a decline in the export price figures.

Imports of Electric Burglar Or Fire Alarms And Similar Apparatus

Imports in Scandinavia

Electric burglar or fire alarm imports soared to X units in 2021, jumping by 25% against the year before. Total imports indicated a remarkable increase from 2012 to 2021: its volume increased at an average annual rate of +6.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +97.3% against 2013 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, electric burglar or fire alarm imports soared to $X in 2021. Total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +73.1% against 2015 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Denmark (X units) and Sweden (X units) represented roughly 66% of total imports in 2021. It was distantly followed by Norway (X units) and Finland (X units), together committing a 33% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Denmark (with a CAGR of +15.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest electric burglar or fire alarm importing markets in Scandinavia were Sweden ($X), Norway ($X) and Denmark ($X), with a combined 86% share of total imports.

Sweden, with a CAGR of +7.6%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Scandinavia amounted to $X per unit, standing approx. at the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The growth pace was the most rapid in 2016 an increase of 12% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Norway ($X per unit), while Denmark ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+4.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform