Sweden: Motor Vehicle Engine Market 2025

Motor Vehicle Engine Market Size in Sweden

The Swedish motor vehicle engine market skyrocketed to $X in 2021, rising by 26% against the previous year. In general, consumption posted resilient growth. Over the period under review, the market attained the peak level in 2021 and is expected to retain growth in years to come.

Motor Vehicle Engine Production in Sweden

In value terms, motor vehicle engine production fell to $X in 2021 estimated in export price. In general, production continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2016 with an increase of 44% against the previous year. Motor vehicle engine production peaked at $X in 2020, and then fell slightly in the following year.

Motor Vehicle Engine Exports

Exports from Sweden

In 2021, approx. X tons of motor vehicle engines (spark-ignition) were exported from Sweden; which is down by -35.7% on 2020. In general, exports faced a abrupt slump. The pace of growth appeared the most rapid in 2016 with an increase of 46%. Over the period under review, the exports reached the peak figure at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, motor vehicle engine exports contracted remarkably to $X in 2021. Overall, exports continue to indicate a abrupt decline. The growth pace was the most rapid in 2017 with an increase of 57% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X tons), China (X tons) and the United States (X tons) were the main destinations of motor vehicle engine exports from Sweden, together comprising 95% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by China (with a CAGR of +62.6%), while the other leaders experienced mixed trend patterns.

In value terms, the largest markets for motor vehicle engine exported from Sweden were Belgium ($X), China ($X) and the United States ($X), with a combined 96% share of total exports.

China, with a CAGR of +59.5%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2021, the average motor vehicle engine export price amounted to $X per ton, picking up by 5.1% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the average export price increased by 21%. As a result, the export price reached the peak level of $X per ton. From 2018 to 2021, the average export prices remained at a somewhat lower figure.

Average prices varied somewhat for the major external markets. In 2021, the highest price was recorded for prices to Spain ($X per ton) and China ($X per ton), while the average price for exports to Belgium ($X per ton) and the United States ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+1.4%), while the prices for the other major destinations experienced mixed trend patterns.

Motor Vehicle Engine Imports

Imports into Sweden

Motor vehicle engine imports into Sweden fell modestly to X tons in 2021, with a decrease of -3.2% on the previous year. In general, imports saw a precipitous contraction. The pace of growth was the most pronounced in 2017 with an increase of 50% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, motor vehicle engine imports skyrocketed to $X in 2021. Overall, imports faced a precipitous descent. The most prominent rate of growth was recorded in 2017 with an increase of 44%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

Germany (X tons), the United States (X tons) and China (X tons) were the main suppliers of motor vehicle engine imports to Sweden, together comprising 57% of total imports. The Netherlands, Norway, France, the UK and Spain lagged somewhat behind, together comprising a further 32%.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +16.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of motor vehicle engines (spark-ignition) to Sweden, comprising 37% of total imports. The second position in the ranking was taken by China ($X), with a 13% share of total imports. It was followed by the United States, with a 12% share.

From 2012 to 2021, the average annual growth rate of value from Germany stood at -2.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+23.0% per year) and the United States (-14.8% per year).

Import Prices by Country

In 2021, the average motor vehicle engine import price amounted to $X per ton, growing by 21% against the previous year. In general, the import price saw a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the UK ($X per ton), while the price for the United States ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+14.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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