Sweden: Magnetic Media Market 2025

Magnetic Media Market Size in Sweden

In 2021, the Swedish magnetic media market decreased by -15% to $X, falling for the third year in a row after two years of growth. Overall, consumption, however, faced a abrupt decline. The pace of growth appeared the most rapid in 2017 with an increase of 9.3%. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Magnetic Media Production in Sweden

In value terms, magnetic media production rose rapidly to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a drastic downturn. The pace of growth was the most pronounced in 2017 when the production volume increased by 16% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Magnetic Media Exports

Exports from Sweden

In 2021, shipments abroad of magnetic media, not recorded, except cards with a magnetic stripe increased by 59% to X units for the first time since 2016, thus ending a four-year declining trend. Overall, exports, however, continue to indicate a deep reduction. The exports peaked at X units in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, magnetic media exports shrank to $X in 2021. Over the period under review, exports, however, showed a deep slump. The growth pace was the most rapid in 2018 when exports increased by 31% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X units), Denmark (X units) and Finland (X units) were the main destinations of magnetic media exports from Sweden, together accounting for 72% of total exports. The United States, the UK and China lagged somewhat behind, together accounting for a further 17%.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +22.0%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, China ($X) remains the key foreign market for magnetic media, not recorded, except cards with a magnetic stripe exports from Sweden, comprising 50% of total exports. The second position in the ranking was held by Norway ($X), with a 9.7% share of total exports. It was followed by Denmark, with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of value to China stood at +17.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-26.2% per year) and Denmark (-8.3% per year).

Export Prices by Country

In 2021, the average magnetic media export price amounted to $X per unit, shrinking by -43.2% against the previous year. Over the period under review, the export price recorded a abrupt setback. The growth pace was the most rapid in 2018 an increase of 48%. Over the period under review, the average export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Norway ($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 China (+20.7%), while the prices for the other major destinations experienced a decline.

Magnetic Media Imports

Imports into Sweden

In 2021, supplies from abroad of magnetic media, not recorded, except cards with a magnetic stripe was finally on the rise to reach X units after two years of decline. Over the period under review, imports, however, recorded a abrupt descent. The most prominent rate of growth was recorded in 2018 when imports increased by 94% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, magnetic media imports surged to $X in 2021. Overall, imports, however, recorded a drastic downturn. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

The Czech Republic (X units), the UK (X units) and Denmark (X units) were the main suppliers of magnetic media imports to Sweden, with a combined 51% share of total imports. Germany, the Netherlands, Norway, China, Japan, the United States and Austria lagged somewhat behind, together comprising a further 39%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Japan (with a CAGR of +58.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X), Germany ($X) and the Czech Republic ($X) appeared to be the largest magnetic media suppliers to Sweden, with a combined 68% share of total imports. These countries were followed by the Netherlands, the United States, Japan, the UK, Norway, China and Austria, which together accounted for a further 19%.

In terms of the main suppliers, Japan, with a CAGR of +41.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average magnetic media import price amounted to $X per unit, standing approx. at the previous year. Over the period under review, the import price, however, continues to indicate a noticeable downturn. The pace of growth was the most pronounced in 2020 an increase of 32%. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Denmark ($X per unit), while the price for Norway ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+1.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :