Sweden: Transport Container Market 2024

Transport Container Market Size in Sweden

The Swedish transport container market plummeted to $X in 2022, falling by -19.4% against the previous year. In general, consumption, however, recorded perceptible growth. Over the period under review, the market hit record highs at $X in 2021, and then shrank remarkably in the following year.

Transport Container Production in Sweden

In value terms, transport container production fell to $X in 2022 estimated in export price. Over the period under review, the total production indicated buoyant growth from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +18.7% against 2020 indices. The most prominent rate of growth was recorded in 2017 when the production volume increased by 40%. Transport container production peaked at $X in 2021, and then reduced in the following year.

Transport Container Exports

Exports from Sweden

In 2022, exports of transport containers from Sweden reduced dramatically to X units, waning by -24.1% on the year before. Overall, exports, however, enjoyed mild growth. The pace of growth appeared the most rapid in 2013 when exports increased by 108%. As a result, the exports reached the peak of X units. From 2014 to 2022, the growth of the exports remained at a lower figure.

In value terms, transport container exports declined rapidly to $X in 2022. In general, exports saw a pronounced downturn. The most prominent rate of growth was recorded in 2021 with an increase of 101% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Norway (X units) was the main destination for transport container exports from Sweden, accounting for a 59% share of total exports. Moreover, transport container exports to Norway exceeded the volume sent to the second major destination, Germany (X units), fourfold. The UK (X units) ranked third in terms of total exports with an 8.8% share.

From 2012 to 2022, the average annual growth rate of volume to Norway totaled +6.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (-3.3% per year) and the UK (+16.1% per year).

In value terms, Norway ($X) emerged as the key foreign market for transport containers exports from Sweden, comprising 49% of total exports. The second position in the ranking was taken by the UK ($X), with a 21% share of total exports. It was followed by Germany, with a 15% share.

From 2012 to 2022, the average annual growth rate of value to Norway was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+30.1% per year) and Germany (-8.1% per year).

Export Prices by Country

The average transport container export price stood at $X per unit in 2022, shrinking by -16.9% against the previous year. In general, the export price recorded a noticeable shrinkage. The growth pace was the most rapid in 2014 when the average export price increased by 57% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Iceland ($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 France (+18.7%), while the prices for the other major destinations experienced more modest paces of growth.

Transport Container Imports

Imports into Sweden

Transport container imports into Sweden shrank dramatically to X units in 2022, with a decrease of -24.2% against 2021. Overall, total imports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +39.7% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 84% against the previous year. As a result, imports reached the peak of X units, and then declined sharply in the following year.

In value terms, transport container imports contracted notably to $X in 2022. In general, total imports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of +5.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +43.4% against 2020 indices. The pace of growth was the most pronounced in 2021 with an increase of 76%. As a result, imports attained the peak of $X, and then contracted markedly in the following year.

Imports by Country

Poland (X units), Norway (X units) and Denmark (X units) were the main suppliers of transport container imports to Sweden, together accounting for 80% of total imports.

From 2012 to 2022, the biggest increases were recorded for Norway (with a CAGR of +12.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) constituted the largest supplier of transport containers to Sweden, comprising 48% of total imports. The second position in the ranking was taken by Estonia ($X), with a 10% share of total imports. It was followed by the United States, with an 8.9% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Poland amounted to +4.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Estonia (+10.3% per year) and the United States (+4.0% per year).

Import Prices by Country

The average transport container import price stood at $X per unit in 2022, with an increase of 7.7% against the previous year. Overall, the import price showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the average import price increased by 38%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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