Sweden: Chromatograph Market 2024

Chromatograph Market Size in Sweden

The Swedish chromatograph market dropped slightly to $X in 2022, waning by -1.8% against the previous year. In general, consumption, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 9.8%. Chromatograph consumption peaked at $X in 2017; however, from 2018 to 2022, consumption failed to regain momentum.

Chromatograph Production in Sweden

In value terms, chromatograph production dropped modestly to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the production volume increased by 9.6% against the previous year. Over the period under review, production hit record highs at $X in 2017; however, from 2018 to 2022, production failed to regain momentum.

Chromatograph Exports

Exports from Sweden

In 2022, shipments abroad of chromatographs and electrophoresis instruments decreased by -19.1% to X units, falling for the second consecutive year after three years of growth. Overall, exports, however, saw a buoyant increase. The most prominent rate of growth was recorded in 2020 when exports increased by 96% against the previous year. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, chromatograph exports rose sharply to $X in 2022. Over the period under review, exports, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by 30% against the previous year. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in years to come.

Exports by Country

Singapore (X units), the United States (X units) and China (X units) were the main destinations of chromatograph exports from Sweden, together comprising 67% of total exports.

From 2012 to 2022, the biggest increases were recorded for Singapore (with a CAGR of +69.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for chromatograph exported from Sweden were Singapore ($X), the United States ($X) and China ($X), with a combined 67% share of total exports.

Among the main countries of destination, Singapore, with a CAGR of +72.3%, recorded 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

The average chromatograph export price stood at $X per unit in 2022, with an increase of 35% against the previous year. Over the period under review, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chromatograph export price increased by +105.7% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average export price increased by 53%. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices remained at a lower figure.

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 Ireland ($X per unit), while the average price for exports to Hong Kong SAR ($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 China (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.

Chromatograph Imports

Imports into Sweden

After two years of growth, supplies from abroad of chromatographs and electrophoresis instruments decreased by -9.1% to X units in 2022. In general, imports continue to indicate a perceptible curtailment. The most prominent rate of growth was recorded in 2018 with an increase of 91% against the previous year. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, chromatograph imports rose remarkably to $X in 2022. Over the period under review, imports recorded a pronounced descent. The most prominent rate of growth was recorded in 2018 when imports increased by 60% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, the United States (X units) constituted the largest supplier of chromatograph to Sweden, with a 41% share of total imports. Moreover, chromatograph imports from the United States exceeded the figures recorded by the second-largest supplier, Singapore (X units), threefold. The third position in this ranking was taken by Germany (X units), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from the United States totaled -7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+59.1% per year) and Germany (-4.4% per year).

In value terms, the United States ($X) constituted the largest supplier of chromatographs and electrophoresis instruments to Sweden, comprising 41% of total imports. The second position in the ranking was held by Singapore ($X), with a 15% share of total imports. It was followed by Germany, with a 12% share.

From 2012 to 2022, the average annual growth rate of value from the United States stood at -6.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Singapore (+54.4% per year) and Germany (-4.1% per year).

Import Prices by Country

In 2022, the average chromatograph import price amounted to $X per unit, rising by 17% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from China ($X per unit) and France ($X per unit), while the price for the Netherlands ($X per unit) and the United States ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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