Sweden: Market for Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam 2025

Market Size for Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam in Sweden

The Swedish market for central heating boilers, for producing hot water or low pressure steam contracted to $X in 2022, shrinking by -8.2% against the previous year. In general, the total consumption indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -10.4% against 2020 indices. As a result, consumption reached the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Production of Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam in Sweden

In value terms, production of central heating boilers, for producing hot water or low pressure steam stood at $X in 2022 estimated in export price. In general, production continues to indicate a resilient increase. The growth pace was the most rapid in 2015 with an increase of 78% against the previous year. As a result, production attained the peak level of $X. From 2016 to 2022, production of growth failed to regain momentum.

Exports of Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam

Exports from Sweden

In 2022, approx. X units of central heating boilers, for producing hot water or low pressure steam were exported from Sweden; jumping by 27% compared with 2021 figures. In general, exports continue to indicate a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of central heating boilers, for producing hot water or low pressure steam rose modestly to $X in 2022. The total export value increased at an average annual rate of +1.6% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 20% against the previous year. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

Germany (X units) was the main destination for exports of central heating boilers, for producing hot water or low pressure steam from Sweden, accounting for a 41% share of total exports. Moreover, exports of central heating boilers, for producing hot water or low pressure steam to Germany exceeded the volume sent to the second major destination, Norway (X units), twofold. The third position in this ranking was held by the UK (X units), with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Germany amounted to +10.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-1.4% per year) and the UK (+4.2% per year).

In value terms, the largest markets for central heating boilers, for producing hot water or low pressure steam exported from Sweden were Germany ($X), the UK ($X) and Norway ($X), together comprising 70% of total exports. Slovenia, the United States, Denmark, Finland, France, Italy, Ukraine, Austria and Hungary lagged somewhat behind, together comprising a further 27%.

Among the main countries of destination, Hungary, with a CAGR of +45.2%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average export price for central heating boilers, for producing hot water or low pressure steam amounted to $X per unit, dropping by -18.1% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. The pace of growth was the most pronounced in 2016 an increase of 21% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2017 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per unit), while the average price for exports to Ukraine ($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 United States (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Central Heating Boilers, For Producing Hot Water Or Low Pressure Steam

Imports into Sweden

In 2022, approx. X units of central heating boilers, for producing hot water or low pressure steam were imported into Sweden; dropping by -38.7% compared with 2021. Over the period under review, imports saw a abrupt decline. The pace of growth appeared the most rapid in 2021 when imports increased by 76%. Over the period under review, imports of hit record highs at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, imports of central heating boilers, for producing hot water or low pressure steam reduced notably to $X in 2022. In general, imports continue to indicate a perceptible setback. The pace of growth appeared the most rapid in 2021 when imports increased by 168%. As a result, imports reached the peak of $X, and then fell significantly in the following year.

Imports by Country

Denmark (X units), Germany (X units) and Finland (X units) were the main suppliers of imports of central heating boilers, for producing hot water or low pressure steam to Sweden, with a combined 58% share of total imports. Austria, Turkey, the Czech Republic, Poland and Italy lagged somewhat behind, together accounting for a further 34%. Moreover, imports of central heating boilers, for producing hot water or low pressure steam in Denmark exceeded the figures recorded by the second-largest supplier, Germany, twofold.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Turkey (with a CAGR of +17.6%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest central heating boilers, for producing hot water or low pressure steam suppliers to Sweden were Poland ($X), Finland ($X) and Germany ($X), with a combined 69% share of total imports. These countries were followed by Denmark, Austria, Turkey, the Czech Republic and Italy, which together accounted for a further 27%.

Turkey, with a CAGR of +16.4%, saw 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

The average import price for central heating boilers, for producing hot water or low pressure steam stood at $X per unit in 2022, with a decrease of -15.6% against the previous year. Overall, import price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for central heating boilers, for producing hot water or low pressure steam increased by +34.5% against 2019 indices. The pace of growth appeared the most rapid in 2021 an increase of 52%. As a result, import price attained the peak level of $X per unit, and then fell rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Poland ($X per unit), while the price for Turkey ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+30.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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