Scandinavia: Resistor Market 2024

Resistor Market Size in Scandinavia

In 2022, the Scandinavia resistor market increased by X% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market attained the maximum level in 2022 and is expected to retain growth in the immediate term.

Resistor Production in Scandinavia

In value terms, resistor production rose markedly to $X in 2022 estimated in export price. In general, production, however, recorded a sharp slump. The pace of growth appeared the most rapid in 2016 with an increase of X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth remained at a somewhat lower figure.

Resistor Exports

Exports in Scandinavia

In 2022, approx. X units of electrical resistors (except heating resistors) were exported in Scandinavia; picking up by X% against the previous year. In general, exports, however, showed a abrupt decrease. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, resistor exports reduced modestly to $X in 2022. Over the period under review, exports, however, recorded a mild downturn. The most prominent rate of growth was recorded in 2018 with an increase of X%. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Sweden represented the key exporting country with an export of around X units, which reached X% of total exports. It was distantly followed by Finland (X units), making up a X% share of total exports. Norway (X units) took a relatively small share of total exports.

From 2012 to 2022, average annual rates of growth with regard to resistor exports from Sweden stood at X%. Finland (X%) and Norway (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Finland increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) remains the largest resistor supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was held by Finland ($X), with a X% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Sweden stood at X%. The remaining exporting countries recorded the following average annual rates of exports growth: Finland (X% per year) and Norway (X% per year).

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per thousand units, waning by X% against the previous year. In general, the export price, however, recorded buoyant growth. The growth pace was the most rapid in 2017 an increase of X%. As a result, the export price attained the peak level of $X per thousand units. From 2018 to 2022, the export prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Norway ($X per thousand units), while Sweden ($X per thousand units) was amongst the lowest.

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

Resistor Imports

Imports in Scandinavia

In 2022, overseas purchases of electrical resistors (except heating resistors) increased by X% to X units, rising for the second consecutive year after two years of decline. Total imports indicated a measured expansion from 2012 to 2022: its volume 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, imports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of X%. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, resistor imports contracted modestly to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Sweden (X units) represented the key importer of electrical resistors (except heating resistors), constituting X% of total imports. It was distantly followed by Finland (X units), constituting a X% share of total imports. Norway (X units) followed a long way behind the leaders.

From 2012 to 2022, average annual rates of growth with regard to resistor imports into Sweden stood at X%. At the same time, Norway (X%) and Finland (X%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of X% from 2012-2022. While the share of Finland (X p.p.) and Norway (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Sweden (X p.p.) displayed negative dynamics.

In value terms, Sweden ($X) constitutes the largest market for imported electrical resistors (except heating resistors) in Scandinavia, comprising X% of total imports. The second position in the ranking was held by Finland ($X), with a X% share of total imports.

In Sweden, resistor imports shrank by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Finland (X% per year) and Norway (X% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per thousand units in 2022, dropping by X% against the previous year. Overall, the import price recorded a perceptible descent. The pace of growth was the most pronounced in 2013 an increase of X% against the previous year. As a result, import price reached the peak level of $X per thousand units. From 2014 to 2022, the import prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Norway ($X per thousand units), while Sweden ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform