Sweden: Inflator System Airbag Market 2025

Inflator System Airbag Market Size in Sweden

The Swedish inflator system airbag market declined to $X in 2022, waning by -8.4% against the previous year. In general, consumption, however, posted a prominent increase. Inflator system airbag consumption peaked at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Inflator System Airbag Production in Sweden

In value terms, inflator system airbag production declined to $X in 2022 estimated in export price. Overall, production, however, enjoyed prominent growth. The most prominent rate of growth was recorded in 2014 when the production volume increased by 107% against the previous year. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Inflator System Airbag Exports

Exports from Sweden

In 2022, approx. X tons of airbags with inflator system and parts thereof were exported from Sweden; growing by 19% on the previous year. Over the period under review, exports showed a prominent increase. The pace of growth appeared the most rapid in 2018 with an increase of 304%. The exports peaked in 2022 and are expected to retain growth in years to come.

In value terms, inflator system airbag exports expanded markedly to $X in 2022. In general, exports showed a resilient increase. The most prominent rate of growth was recorded in 2018 when exports increased by 131% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Exports by Country

Poland (X tons) was the main destination for inflator system airbag exports from Sweden, accounting for a 53% share of total exports. Moreover, inflator system airbag exports to Poland exceeded the volume sent to the second major destination, Mexico (X tons), twofold. Spain (X tons) ranked third in terms of total exports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Poland amounted to +137.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Mexico (+138.6% per year) and Spain (+123.2% per year).

In value terms, the largest markets for inflator system airbag exported from Sweden were Poland ($X), Mexico ($X) and Spain ($X), with a combined 74% share of total exports.

Mexico, with a CAGR of +129.1%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average inflator system airbag export price stood at $X per ton in 2022, which is down by -11.7% against the previous year. In general, the export price recorded a mild reduction. The most prominent rate of growth was recorded in 2016 an increase of 28%. The export price peaked at $X per ton in 2017; however, from 2018 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+11.0%), while the prices for the other major destinations experienced mixed trend patterns.

Inflator System Airbag Imports

Imports into Sweden

In 2022, supplies from abroad of airbags with inflator system and parts thereof increased by 4.4% to X tons, rising for the second year in a row after two years of decline. Overall, imports posted a buoyant increase. The most prominent rate of growth was recorded in 2018 when imports increased by 112% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

In value terms, inflator system airbag imports reduced to $X in 2022. Over the period under review, imports saw buoyant growth. The most prominent rate of growth was recorded in 2016 when imports increased by 89%. Imports peaked at $X in 2021, and then fell in the following year.

Imports by Country

The Czech Republic (X tons), Portugal (X tons) and Germany (X tons) were the main suppliers of inflator system airbag imports to Sweden, with a combined 74% share of total imports. Poland, France, Denmark and Romania lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +109.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Portugal ($X), Poland ($X) and Germany ($X) constituted the largest inflator system airbag suppliers to Sweden, together comprising 71% of total imports.

Among the main suppliers, Poland, with a CAGR of +95.8%, recorded the highest growth rate of 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 inflator system airbag import price amounted to $X per ton, which is down by -14.6% against the previous year. In general, the import price continues to indicate a slight reduction. The pace of growth was the most pronounced in 2014 when the average import price increased by 22%. The import price peaked at $X per ton in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

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 France ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+11.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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