Sweden: Lcds And Plasmas Market 2024

Lcds And Plasmas Market Size in Sweden

The Swedish LCDs and plasmas market reduced slightly to $X in 2022, standing approx. at the previous year. Over the period under review, consumption showed a deep downturn. Consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Lcds And Plasmas Production in Sweden

In value terms, LCDs and plasmas production reduced to $X in 2022 estimated in export price. Overall, production, however, posted tangible growth. The growth pace was the most rapid in 2019 with an increase of 64%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Lcds And Plasmas Exports

Exports from Sweden

In 2022, after three years of growth, there was decline in shipments abroad of flat panel video monitor, lcd or plasma, when their volume decreased by -0.4% to X units. In general, exports recorded a perceptible decline. The most prominent rate of growth was recorded in 2021 when exports increased by 60%. Over the period under review, the exports reached the maximum at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, LCDs and plasmas exports shrank notably to $X in 2022. Overall, exports, however, posted a moderate increase. The pace of growth appeared the most rapid in 2021 with an increase of 52% against the previous year. As a result, the exports reached the peak of $X, and then reduced remarkably in the following year.

Exports by Country

Norway (X units), Denmark (X units) and Hong Kong SAR (X units) were the main destinations of LCDs and plasmas exports from Sweden, with a combined 59% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Hong Kong SAR (with a CAGR of +87.7%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) remains the key foreign market for flat panel video monitor, lcd or plasma exports from Sweden, comprising 31% of total exports. The second position in the ranking was taken by Denmark ($X), with a 15% share of total exports. It was followed by Finland, with a 9.6% share.

From 2012 to 2022, the average annual growth rate of value to Norway amounted to +9.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-1.1% per year) and Finland (-5.1% per year).

Export Prices by Country

The average LCDs and plasmas export price stood at $X per unit in 2022, reducing by -14.8% against the previous year. Overall, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +7.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, LCDs and plasmas export price decreased by -19.4% against 2019 indices. The growth pace was the most rapid in 2013 an increase of 43% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Hong Kong SAR ($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 the Netherlands (+21.4%), while the prices for the other major destinations experienced more modest paces of growth.

Lcds And Plasmas Imports

Imports into Sweden

For the third consecutive year, Sweden recorded growth in overseas purchases of flat panel video monitor, lcd or plasma, which increased by 14% to X units in 2022. Over the period under review, imports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 47%. Imports peaked at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, LCDs and plasmas imports amounted to $X in 2022. In general, imports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of 124% against the previous year. Over the period under review, imports hit record highs at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

China (X units), Estonia (X units) and Denmark (X units) were the main suppliers of LCDs and plasmas imports to Sweden, together accounting for 75% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Estonia (with a CAGR of +218.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest LCDs and plasmas suppliers to Sweden were Estonia ($X), Slovakia ($X) and China ($X), together comprising 62% of total imports.

Slovakia, with a CAGR of +206.4%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average LCDs and plasmas import price amounted to $X per unit, standing approx. at the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by 52% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2016; however, from 2017 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Japan ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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