Sweden: Market for Non-Domestic Percolators and Equipment For Cooking Or Heating Food 2024

Market Size for Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Sweden

The Swedish market for non-domestic percolators and equipment for cooking or heating food soared to $X in 2022, jumping by 183% against the previous year. In general, consumption saw a prominent increase. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Non-Domestic Percolators and Equipment For Cooking Or Heating Food in Sweden

In value terms, production of non-domestic percolators and equipment for cooking or heating food skyrocketed to $X in 2022 estimated in export price. Over the period under review, production showed significant growth. The pace of growth was the most pronounced in 2019 with an increase of 211%. Production of peaked in 2022 and is likely to continue growth in the near future.

Exports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Exports from Sweden

In 2022, shipments abroad of non-domestic percolators and equipment for cooking or heating food decreased by -53% to X units for the first time since 2019, thus ending a two-year rising trend. Overall, exports saw a deep contraction. The growth pace was the most rapid in 2020 with an increase of 36%. Over the period under review, the exports of hit record highs at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, exports of non-domestic percolators and equipment for cooking or heating food contracted to $X in 2022. In general, exports showed a deep reduction. The most prominent rate of growth was recorded in 2017 with an increase of 11%. Over the period under review, the exports of reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X units), Norway (X units) and Thailand (X units) were the main destinations of exports of non-domestic percolators and equipment for cooking or heating food from Sweden, together comprising 38% of total exports. Finland, Denmark, Vietnam, Italy, Singapore, Nigeria, the Netherlands, South Korea, Brazil and Spain lagged somewhat behind, together accounting for a further 42%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +22.4%), while the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Norway ($X) and Thailand ($X) constituted the largest markets for non-domestic percolators and equipment for cooking or heating food exported from Sweden worldwide, together comprising 38% of total exports. Finland, Denmark, Vietnam, Italy, Singapore, Nigeria, the Netherlands, South Korea, Brazil and Spain lagged somewhat behind, together comprising a further 43%.

Among the main countries of destination, the Netherlands, with a CAGR of +26.7%, saw 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 export price for non-domestic percolators and equipment for cooking or heating food amounted to $X per unit, increasing by 85% against the previous year. In general, export price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Singapore ($X per unit) and South Korea ($X per unit), while the average price for exports to Vietnam ($X per unit) and Finland ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Nigeria (+4.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Domestic Percolators and Equipment For Cooking Or Heating Food

Imports into Sweden

In 2022, imports of non-domestic percolators and equipment for cooking or heating food into Sweden skyrocketed to X units, jumping by 83% on 2021. Overall, imports saw strong growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, imports of non-domestic percolators and equipment for cooking or heating food skyrocketed to $X in 2022. The total import value increased at an average annual rate of +3.1% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2014 with an increase of 41%. Imports peaked in 2022 and are expected to retain growth in years to come.

Imports by Country

Italy (X units), the Netherlands (X units) and the UK (X units) were the main suppliers of imports of non-domestic percolators and equipment for cooking or heating food to Sweden, with a combined 48% share of total imports.

From 2012 to 2022, the biggest increases were recorded for the UK (with a CAGR of +45.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest non-domestic percolators and equipment for cooking or heating food suppliers to Sweden were Italy ($X), the Netherlands ($X) and the UK ($X), together comprising 48% of total imports.

Among the main suppliers, the UK, with a CAGR of +36.9%, saw the highest growth rate of 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 import price for non-domestic percolators and equipment for cooking or heating food amounted to $X per unit, reducing by -34.1% against the previous year. Over the period under review, the import price saw a abrupt decrease. The pace of growth was the most pronounced in 2014 an increase of 51% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the UK ($X per unit) and the Netherlands ($X per unit), while the price for Denmark ($X per unit) and Finland ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (-5.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform