Sweden: Optical Radiation Instruments Market 2025

Optical Radiation Instruments Market Size in Sweden

In 2022, after two years of growth, there was decline in the Swedish optical radiation instruments market, when its value decreased by -3.8% to $X. In general, the total consumption indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +136.8% against 2019 indices. Optical radiation instruments consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Optical Radiation Instruments Production in Sweden

In value terms, optical radiation instruments production declined modestly to $X in 2022 estimated in export price. In general, production, however, recorded a sharp shrinkage. The pace of growth appeared the most rapid in 2021 when the production volume increased by 11%. Optical radiation instruments production peaked at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Optical Radiation Instruments Exports

Exports from Sweden

In 2022, the amount of instruments using optical radiations exported from Sweden soared to X units, rising by 24% on 2021. Overall, exports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 26% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, optical radiation instruments exports surged to $X in 2022. Over the period under review, total exports indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +6.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +10.4% against 2019 indices. The most prominent rate of growth was recorded in 2015 when exports increased by 36%. The exports peaked in 2022 and are likely to see steady growth in the near future.

Exports by Country

The United States (X units), Singapore (X units) and Norway (X units) were the main destinations of optical radiation instruments exports from Sweden, together accounting for 49% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Singapore (with a CAGR of +46.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for optical radiation instruments exported from Sweden were the United States ($X), Singapore ($X) and the UK ($X), together comprising 62% of total exports.

In terms of the main countries of destination, Singapore, with a CAGR of +62.0%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average optical radiation instruments export price stood at $X per unit in 2022, dropping by -4.9% against the previous year. In general, export price indicated a resilient expansion from 2012 to 2022: its price increased at an average annual rate of +6.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, optical radiation instruments export price increased by +8.0% against 2020 indices. The pace of growth was the most pronounced in 2015 an increase of 39%. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then shrank slightly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Singapore ($X per unit), while the average price for exports to Finland ($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 South Korea (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.

Optical Radiation Instruments Imports

Imports into Sweden

In 2022, purchases abroad of instruments using optical radiations increased by 16% to X units, rising for the third year in a row after five years of decline. Over the period under review, imports recorded a relatively flat trend pattern. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, optical radiation instruments imports stood at $X in 2022. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2014 with an increase of 25%. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

Germany (X units), the Netherlands (X units) and Portugal (X units) were the main suppliers of optical radiation instruments imports to Sweden, with a combined 45% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Portugal (with a CAGR of +118.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), Japan ($X) and the Netherlands ($X) were the largest optical radiation instruments suppliers to Sweden, with a combined 43% share of total imports. France, the UK, the United States, China, Lithuania, Belgium, Portugal and South Korea lagged somewhat behind, together comprising a further 45%.

In terms of the main suppliers, Portugal, with a CAGR of +75.1%, 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

In 2022, the average optical radiation instruments import price amounted to $X per unit, falling by -12.6% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 14%. The import price peaked at $X per unit in 2021, and then fell in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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