Sweden: Electric Filament Lamp Market 2024

Electric Filament Lamp Market Size in Sweden

In 2021, after two years of growth, there was significant decline in the Swedish electric filament lamp market, when its value decreased by -22% to $X. In general, the total consumption indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +71.0% against 2018 indices. Electric filament lamp consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Electric Filament Lamp Production in Sweden

In value terms, electric filament lamp production dropped notably to $X in 2021 estimated in export price. In general, production, however, showed strong growth. The most prominent rate of growth was recorded in 2013 with an increase of 220% against the previous year. Electric filament lamp production peaked at $X in 2020, and then contracted rapidly in the following year.

Electric Filament Lamp Exports

Exports from Sweden

In 2021, after three years of decline, there was significant growth in overseas shipments of electric filament lamps, when their volume increased by 11% to X units. In general, exports, however, continue to indicate a abrupt decline. The pace of growth appeared the most rapid in 2014 when exports increased by 18%. Over the period under review, the exports attained the peak figure at X units in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, electric filament lamp exports rose significantly to $X in 2021. Overall, exports, however, recorded a abrupt downturn. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Norway (X units), the United States (X units) and Finland (X units) were the main destinations of electric filament lamp exports from Sweden, together comprising 40% of total exports. Denmark, the UK, China, Italy, Germany, Canada, Poland, Belgium, Spain and the Netherlands lagged somewhat behind, together comprising a further 30%.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +67.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) remains the key foreign market for electric filament lamps exports from Sweden, comprising 29% of total exports. The second position in the ranking was held by Finland ($X), with a 12% share of total exports. It was followed by the United States, with a 10% share.

From 2012 to 2021, the average annual growth rate of value to Norway totaled -7.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-13.8% per year) and the United States (-9.9% per year).

Export Prices by Country

In 2021, the average electric filament lamp export price amounted to $X per unit, shrinking by -2.8% against the previous year. Overall, the export price, however, recorded a resilient increase. The growth pace was the most rapid in 2020 an increase of 128% against the previous year. As a result, the export price reached the peak level of $X per unit, and then dropped in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Belgium ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+7.2%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Filament Lamp Imports

Imports into Sweden

For the fifth year in a row, Sweden recorded decline in supplies from abroad of electric filament lamps, which decreased by -7.9% to X units in 2021. In general, imports recorded a deep downturn. The growth pace was the most rapid in 2016 with an increase of less than 0.1% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, electric filament lamp imports surged to $X in 2021. Overall, imports showed a abrupt slump. Imports peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X units), China (X units) and Poland (X units) were the main suppliers of electric filament lamp imports to Sweden.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +53.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest electric filament lamp suppliers to Sweden were China ($X), Finland ($X) and Germany ($X), with a combined 49% share of total imports.

Finland, with a CAGR of +44.8%, 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 electric filament lamp import price stood at $X per unit in 2021, jumping by 28% against the previous year. In general, the import price continues to indicate a prominent increase. The pace of growth was the most pronounced in 2020 an increase of 95% against the previous year. Over the period under review, average import prices reached the peak figure in 2021 and is likely to see steady growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by France (+16.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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