Sweden: Electric Soldering Iron Market 2025

Electric Soldering Iron Market Size in Sweden

In 2022, the Swedish electric soldering iron market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption, however, enjoyed a strong increase. Over the period under review, the market hit record highs at $X in 2021, and then contracted in the following year.

Electric Soldering Iron Production in Sweden

In value terms, electric soldering iron production dropped modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth remained at a lower figure.

Electric Soldering Iron Exports

Exports from Sweden

In 2022, overseas shipments of electric soldering irons and guns increased by X% to X units, rising for the fourth consecutive year after four years of decline. In general, exports, however, showed a perceptible decrease. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, electric soldering iron exports contracted to $X in 2022. Overall, exports, however, saw a abrupt curtailment. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports reached the peak of $X. From 2015 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Norway (X units) was the main destination for electric soldering iron exports from Sweden, with a X% share of total exports. Moreover, electric soldering iron exports to Norway exceeded the volume sent to the second major destination, Denmark (X units), threefold. The third position in this ranking was taken by Finland (X units), with an X% share.

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

In value terms, Norway ($X) remains the key foreign market for electric soldering irons and guns exports from Sweden, comprising X% of total exports. The second position in the ranking was taken by Denmark ($X), with an X% share of total exports. It was followed by Finland, with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Norway stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (X% per year) and Finland (X% per year).

Export Prices by Country

The average electric soldering iron export price stood at $X per unit in 2022, which is down by X% against the previous year. Overall, the export price showed a noticeable contraction. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Estonia ($X per unit) and the United States ($X per unit), while the average price for exports to Norway ($X per unit) and Denmark ($X per unit) were amongst the lowest.

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

Electric Soldering Iron Imports

Imports into Sweden

In 2022, supplies from abroad of electric soldering irons and guns increased by X% to X units, rising for the sixth year in a row after two years of decline. In general, imports recorded a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. Imports peaked in 2022 and are expected to retain growth in the immediate term.

In value terms, electric soldering iron imports dropped slightly to $X in 2022. Overall, total imports indicated modest growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2016 indices. The pace of growth was the most pronounced in 2014 with an increase of X%. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports remained at a lower figure.

Imports by Country

China (X units), Germany (X units) and the Netherlands (X units) were the main suppliers of electric soldering iron imports to Sweden, together accounting for X% of total imports.

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

In value terms, the largest electric soldering iron suppliers to Sweden were China ($X), Germany ($X) and the Netherlands ($X), with a combined X% share of total imports.

Among the main suppliers, the Netherlands, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electric soldering iron import price stood at $X per unit in 2022, dropping by X% against the previous year. In general, the import price continues to indicate a precipitous setback. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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