Sweden: Market for Electric Generating Sets And Rotary Converters 2022

Market Size for Electric Generating Sets And Rotary Converters in Sweden

The Swedish market for electric generating sets and rotary converters dropped remarkably to $X in 2020, which is down by -X% against the previous year. In general, consumption recorded a slight decline. The most prominent rate of growth was recorded in 2019 when the market value increased by X% against the previous year. Consumption peaked at $X in 2013; however, from 2014 to 2020, consumption stood at a somewhat lower figure.

Production of Electric Generating Sets And Rotary Converters in Sweden

In value terms, production of electric generating sets and rotary converters soared to $X in 2020 estimated in export prices. In general, production continues to indicate a significant expansion. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. from 2019 to 2020, production growth failed to regain the momentum.

Exports of Electric Generating Sets And Rotary Converters

Exports from Sweden

In 2020, the amount of electric generating sets and rotary converters exported from Sweden dropped slightly to X units, which is down by -X% on 2019 figures. In general, exports showed a deep setback. The most prominent rate of growth was recorded in 2008 with an increase of X% y-o-y. As a result, exports attained the peak of X units. from 2009 to 2020, the growth of exports failed to regain the momentum.

In value terms, exports of electric generating sets and rotary converters declined rapidly to $X in 2020. Over the period under review, exports continue to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2011 when exports increased by X% against the previous year. Over the period under review, exports hit record highs at $X in 2018; however, from 2019 to 2020, exports remained at a lower figure.

Exports by Country

Poland (X units), the United Arab Emirates (X units) and Norway (X units) were the main destinations of exports of electric generating sets and rotary converters from Sweden.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Brazil (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) remains the key foreign market for electric generating set and rotary converter exports from Sweden, comprising X% of total exports. The second position in the ranking was occupied by Brazil ($X), with a X% share of total exports. It was followed by Belgium, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Norway totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Brazil (+X% per year) and Belgium (+X% per year).

Export Prices by Country

The average export price for electric generating sets and rotary converters stood at $X per unit in 2020, falling by -X% against the previous year. Overall, the export price, however, enjoyed a prominent increase. The most prominent rate of growth was recorded in 2011 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2019, and then declined dramatically in the following year.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Brazil ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Poland, while the prices for the other major destinations experienced a decline.

Imports of Electric Generating Sets And Rotary Converters

Imports into Sweden

Imports of electric generating sets and rotary converters into Sweden contracted markedly to X units in 2020, reducing by -X% on the previous year. Overall, imports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2016 with an increase of X% y-o-y. Imports peaked at X units in 2014; however, from 2015 to 2020, imports remained at a lower figure.

In value terms, imports of electric generating sets and rotary converters shrank notably to $X in 2020. In general, imports saw a strong increase. The most prominent rate of growth was recorded in 2012 when imports increased by X% y-o-y. As a result, imports attained the peak of $X. from 2013 to 2020, the growth of imports remained at a lower figure.

Imports by Country

In 2020, China (X units) was the main supplier of electric generating set and rotary converter to Sweden, with a X% share of total imports. Moreover, imports of electric generating sets and rotary converters from China exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. Denmark (X units) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Denmark (-X% per year).

In value terms, Germany ($X) constituted the largest supplier of electric generating set and rotary converter to Sweden, comprising X% of total imports. The second position in the ranking was occupied by China ($X), with a X% share of total imports. It was followed by Denmark, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Germany stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Denmark (-X% per year).

Import Prices by Country

In 2020, the average import price for electric generating sets and rotary converters amounted to $X per unit, growing by X% against the previous year. Over the period under review, the import price continues to indicate significant growth. The pace of growth appeared the most rapid in 2018 an increase of X% year-to-year. The import price peaked at $X per unit in 2012; however, from 2013 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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