Sweden: Market for Air conditioning Machines without Refrigeration Unit 2025

Market Size for Air conditioning Machines without Refrigeration Unit in Sweden

The Swedish market for air conditioning machines without refrigeration unit declined markedly to $X in 2022, dropping by -62.3% against the previous year. In general, consumption saw a abrupt downturn. Consumption of peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Air conditioning Machines without Refrigeration Unit in Sweden

In value terms, production of air conditioning machines without refrigeration unit shrank to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the production volume increased by 17%. Production of peaked at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Exports of Air conditioning Machines without Refrigeration Unit

Exports from Sweden

In 2022, exports of air conditioning machines without refrigeration unit from Sweden stood at X units, increasing by 12% on the previous year's figure. Overall, exports recorded a relatively flat trend pattern. The growth pace was the most rapid in 2018 with an increase of 18% against the previous year. The exports peaked at X units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of air conditioning machines without refrigeration unit surged to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 19% against the previous year. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X units) was the main destination for exports of air conditioning machines without refrigeration unit from Sweden, accounting for a 35% share of total exports. Moreover, exports of air conditioning machines without refrigeration unit to Norway exceeded the volume sent to the second major destination, Germany (X units), threefold. The third position in this ranking was held by Finland (X units), with a 9.2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Norway totaled +5.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+2.1% per year) and Finland (+4.7% per year).

In value terms, Norway ($X) remains the key foreign market for air conditioning machines without refrigeration unit exports from Sweden, comprising 30% of total exports. The second position in the ranking was held by Germany ($X), with a 15% share of total exports. It was followed by Finland, with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Norway amounted to +3.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+1.4% per year) and Finland (+4.3% per year).

Export Prices by Country

The average export price for air conditioning machines without refrigeration unit stood at $X per unit in 2022, rising by 3.4% against the previous year. In general, the export price, however, showed a mild contraction. The pace of growth was the most pronounced in 2013 when the average export price increased by 8.8% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Poland ($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 the UK (+4.6%), while the prices for the other major destinations experienced a decline.

Imports of Air conditioning Machines without Refrigeration Unit

Imports into Sweden

Imports of air conditioning machines without refrigeration unit into Sweden declined remarkably to X units in 2022, with a decrease of -19.5% on 2021 figures. Overall, imports, however, showed moderate growth. The growth pace was the most rapid in 2021 with an increase of 74%. As a result, imports attained the peak of X units, and then reduced markedly in the following year.

In value terms, imports of air conditioning machines without refrigeration unit dropped markedly to $X in 2022. In general, imports, however, showed a modest expansion. The growth pace was the most rapid in 2021 when imports increased by 81%. As a result, imports reached the peak of $X, and then fell dramatically in the following year.

Imports by Country

Lithuania (X units), Germany (X units) and China (X units) were the main suppliers of imports of air conditioning machines without refrigeration unit to Sweden, together comprising 69% of total imports. Poland, Italy, the UK and Norway lagged somewhat behind, together accounting for a further 20%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the UK (with a CAGR of +27.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Lithuania ($X), Germany ($X) and China ($X) appeared to be the largest air conditioning machins without refrigeration unit suppliers to Sweden, with a combined 64% share of total imports. Poland, Italy, the UK and Norway lagged somewhat behind, together accounting for a further 19%.

Among the main suppliers, the UK, with a CAGR of +25.7%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for air conditioning machines without refrigeration unit amounted to $X per unit, waning by -12.6% against the previous year. In general, the import price showed a noticeable reduction. The most prominent rate of growth was recorded in 2020 an increase of 22%. Over the period under review, average import prices reached the peak figure at $X per unit in 2016; however, from 2017 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Lithuania ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Lithuania (+1.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform