Sweden: Microwave Oven Market 2025

Microwave Oven Market Size in Sweden

After four years of decline, the Swedish microwave oven market increased by 30% to $X in 2022. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Microwave Oven Production in Sweden

In value terms, microwave oven production contracted slightly to $X in 2022 estimated in export price. In general, production showed a abrupt decline. The growth pace was the most rapid in 2013 when the production volume increased by 11%. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Microwave Oven Exports

Exports from Sweden

After three years of growth, overseas shipments of microwave ovens decreased by -15.9% to X units in 2022. In general, exports saw a deep slump. The growth pace was the most rapid in 2016 when exports increased by 20% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, microwave oven exports amounted to $X in 2022. Overall, exports faced a deep reduction. The pace of growth was the most pronounced in 2016 when exports increased by 9.3%. Over the period under review, the exports attained the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Finland (X units), Denmark (X units) and Norway (X units) were the main destinations of microwave oven exports from Sweden, with a combined 88% share of total exports. Lithuania, Estonia, Poland, the United States, France and the Netherlands lagged somewhat behind, together accounting for a further 8.9%.

From 2012 to 2022, the biggest increases were recorded for Estonia (with a CAGR of +116.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Finland ($X), Norway ($X) and Denmark ($X) constituted the largest markets for microwave oven exported from Sweden worldwide, together comprising 82% of total exports. Lithuania, Estonia, Poland, the Netherlands, the United States and France lagged somewhat behind, together accounting for a further 14%.

In terms of the main countries of destination, Estonia, with a CAGR of +109.6%, recorded the highest rates of growth with regard to 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

In 2022, the average microwave oven export price amounted to $X per unit, surging by 20% against the previous year. Over the period under review, the export price, however, saw a abrupt decrease. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Poland ($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 (+5.6%), while the prices for the other major destinations experienced mixed trend patterns.

Microwave Oven Imports

Imports into Sweden

In 2022, supplies from abroad of microwave ovens was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. The total import volume increased at an average annual rate of +1.1% from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2022, imports remained at a lower figure.

In value terms, microwave oven imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of +2.5% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of microwave oven to Sweden, with a 54% share of total imports. Moreover, microwave oven imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), threefold. The third position in this ranking was taken by Germany (X units), with a 15% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled +2.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (+11.6% per year) and Germany (+8.9% per year).

In value terms, China ($X), Germany ($X) and the UK ($X) appeared to be the largest microwave oven suppliers to Sweden, with a combined 74% share of total imports. Malaysia, Italy and Denmark lagged somewhat behind, together accounting for a further 23%.

Malaysia, with a CAGR of +11.0%, saw the highest rates of growth with regard to 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 microwave oven import price stood at $X per unit in 2022, with an increase of 5.1% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. The most prominent rate of growth was recorded in 2021 when the average import price increased by 21% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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