Scandinavia: Non-Household Fan Market 2025

Non-Household Fan Market Size in Scandinavia

In 2022, after two years of growth, there was significant decline in the Scandinavia non-household fan market, when its value decreased by -47.3% to $X. In general, consumption, however, showed a perceptible increase. As a result, consumption reached the peak level of $X, and then fell markedly in the following year.

Non-Household Fan Production in Scandinavia

In value terms, non-household fan production expanded significantly to $X in 2022 estimated in export price. Over the period under review, production showed a perceptible descent. The level of production peaked at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Non-Household Fan Exports

Exports in Scandinavia

After four years of growth, overseas shipments of non-household ventilation fans decreased by -56.8% to X units in 2022. Overall, exports faced a deep setback. The most prominent rate of growth was recorded in 2013 with an increase of 21%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, non-household fan exports shrank sharply to $X in 2022. Over the period under review, exports showed a deep downturn. The pace of growth appeared the most rapid in 2018 with an increase of 13% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Sweden (X units) represented the major exporter of non-household ventilation fans, committing 78% of total exports. It was distantly followed by Finland (X units), creating a 20% share of total exports. Norway (X units) followed a long way behind the leaders.

Exports from Sweden decreased at an average annual rate of -12.2% from 2012 to 2022. Finland experienced a relatively flat trend pattern. Norway (-7.8%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Finland increased by +13 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) remains the largest non-household fan supplier in Scandinavia, comprising 67% of total exports. The second position in the ranking was held by Finland ($X), with a 27% share of total exports.

In Sweden, non-household fan exports plunged by an average annual rate of -7.3% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Finland (-10.4% per year) and Norway (-1.7% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per unit in 2022, with an increase of 8.3% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.0%. The growth pace was the most rapid in 2014 when the export price increased by 27% against the previous year. The level of export peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per unit), while Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+6.6%), while the other leaders experienced mixed trends in the export price figures.

Non-Household Fan Imports

Imports in Scandinavia

In 2022, overseas purchases of non-household ventilation fans decreased by -41% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, imports saw a pronounced reduction. The pace of growth appeared the most rapid in 2021 with an increase of 17%. As a result, imports attained the peak of X units, and then dropped significantly in the following year.

In value terms, non-household fan imports contracted sharply to $X in 2022. Over the period under review, imports continue to indicate a noticeable shrinkage. The pace of growth appeared the most rapid in 2021 with an increase of 25%. As a result, imports attained the peak of $X, and then dropped remarkably in the following year.

Imports by Country

Sweden represented the main importing country with an import of around X units, which reached 61% of total imports. It was distantly followed by Finland (X units) and Norway (X units), together achieving a 39% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Finland (with a CAGR of -1.6%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest non-household fan importing markets in Scandinavia were Sweden ($X), Finland ($X) and Norway ($X).

Finland, with a CAGR of -2.1%, saw the highest rates of growth with regard to the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Scandinavia stood at $X per unit in 2022, reducing by -15% against the previous year. Overall, the import price saw a mild slump. The most prominent rate of growth was recorded in 2013 an increase of 13%. As a result, import price attained the peak level of $X per unit. 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 ($X per unit), while Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (-0.6%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform