Sweden: Billiard Accessoires Market 2024

Billiard Accessoires Market Size in Sweden

The Swedish billiard accessoires market expanded markedly to $X in 2022, picking up by 6.6% against the previous year. Overall, consumption continues to indicate a moderate increase. Billiard accessoires consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Billiard Accessoires Production in Sweden

In value terms, billiard accessoires production reached $X in 2022 estimated in export price. Over the period under review, the total production indicated a pronounced expansion from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -9.4% against 2020 indices. The growth pace was the most rapid in 2020 with an increase of 60% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Billiard Accessoires Exports

Exports from Sweden

Billiard accessoires exports from Sweden soared to X tons in 2022, rising by 36% compared with the previous year's figure. Over the period under review, exports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2017 when exports increased by 61%. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, billiard accessoires exports soared to $X in 2022. In general, exports, however, showed a abrupt descent. The most prominent rate of growth was recorded in 2014 when exports increased by 132% against the previous year. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Norway (X tons) was the main destination for billiard accessoires exports from Sweden, accounting for a 85% share of total exports. Moreover, billiard accessoires exports to Norway exceeded the volume sent to the second major destination, Finland (X tons), more than tenfold. Saudi Arabia (X tons) ranked third in terms of total exports with a 2.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Norway amounted to -10.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-18.0% per year) and Saudi Arabia (0.0% per year).

In value terms, Norway ($X) remains the key foreign market for articles and accessories for billiards exports from Sweden, comprising 85% of total exports. The second position in the ranking was held by Finland ($X), with a 3.7% share of total exports. It was followed by Saudi Arabia, with a 2.8% share.

From 2012 to 2022, the average annual growth rate of value to Norway stood at -17.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-10.4% per year) and Saudi Arabia (0.0% per year).

Export Prices by Country

The average billiard accessoires export price stood at $X per ton in 2022, with a decrease of -12.8% against the previous year. Overall, the export price continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2013 when the average export price increased by 111% against the previous year. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Finland ($X per ton) and Norway ($X per ton), while the average price for exports to the UK ($X per ton) and Saudi Arabia ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+9.3%), while the prices for the other major destinations experienced a decline.

Billiard Accessoires Imports

Imports into Sweden

In 2022, supplies from abroad of articles and accessories for billiards increased by 12% to X tons, rising for the third consecutive year after two years of decline. Overall, imports, however, saw a pronounced slump. The most prominent rate of growth was recorded in 2016 when imports increased by 58% against the previous year. Over the period under review, imports reached the peak figure at X tons in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, billiard accessoires imports reached $X in 2022. Over the period under review, imports, however, showed a slight descent. The most prominent rate of growth was recorded in 2017 when imports increased by 62% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of billiard accessoires to Sweden, with a 54% share of total imports. Moreover, billiard accessoires imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X tons), twofold. The United States (X tons) ranked third in terms of total imports with a 3.6% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+5.3% per year) and the United States (-14.2% per year).

In value terms, China ($X), the Netherlands ($X) and Germany ($X) appeared to be the largest billiard accessoires suppliers to Sweden, together accounting for 74% of total imports. The United States, Finland, Poland, Italy, Indonesia, the UK and Denmark lagged somewhat behind, together accounting for a further 17%.

Poland, with a CAGR of +57.1%, recorded the highest growth rate of the value of imports, among the main suppliers 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 billiard accessoires import price amounted to $X per ton, waning by -4.3% against the previous year. Over the last decade, it increased at an average annual rate of +1.8%. The pace of growth appeared the most rapid in 2013 when the average import price increased by 38%. As a result, import price attained the peak level of $X per ton. From 2014 to 2022, the average 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 Germany ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+14.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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