Sweden: Non-Electrical Lamp Market 2024

Non-Electrical Lamp Market Size in Sweden

In 2021, the Swedish non-electrical lamp market increased by 54% to $X, rising for the third year in a row after four years of decline. Over the period under review, consumption recorded a relatively flat trend pattern. Non-electrical lamp consumption peaked at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Non-Electrical Lamp Production in Sweden

In value terms, non-electrical lamp production rose sharply to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a abrupt curtailment. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Non-Electrical Lamp Exports

Exports from Sweden

In 2021, overseas shipments of non-electrical lamps and lighting fittings increased by 111% to X units, rising for the second year in a row after five years of decline. Overall, exports recorded a prominent expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-electrical lamp exports surged to $X in 2021. Over the period under review, total exports indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.5% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +82.1% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Norway (X units), Denmark (X units) and Finland (X units) were the main destinations of non-electrical lamp exports from Sweden, together comprising 69% of total exports. Germany, the United States, Poland and Lithuania lagged somewhat behind, together comprising a further 21%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +32.4%), while the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) remains the key foreign market for non-electrical lamps and lighting fittings exports from Sweden, comprising 42% of total exports. The second position in the ranking was held by Denmark ($X), with a 12% share of total exports. It was followed by Germany, with a 10% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Norway totaled +2.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+1.8% per year) and Germany (+18.8% per year).

Export Prices by Country

The average non-electrical lamp export price stood at $X per unit in 2021, reducing by -23.7% against the previous year. In general, the export price recorded a pronounced slump. The growth pace was the most rapid in 2017 when the average export price increased by 20% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2018; however, from 2019 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Lithuania ($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 Norway (-2.6%), while the prices for the other major destinations experienced a decline.

Non-Electrical Lamp Imports

Imports into Sweden

In 2021, overseas purchases of non-electrical lamps and lighting fittings increased by 98% to X units, rising for the third consecutive year after four years of decline. Over the period under review, imports recorded a measured expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, non-electrical lamp imports soared to $X in 2021. Overall, imports saw a relatively flat trend pattern. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest non-electrical lamp supplier to Sweden, with a 58% share of total imports. Moreover, non-electrical lamp imports from China exceeded the figures recorded by the second-largest supplier, India (X units), threefold. Poland (X units) ranked third in terms of total imports with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at +1.9%. The remaining supplying countries recorded the following average annual rates of imports growth: India (+8.8% per year) and Poland (+31.5% per year).

In value terms, China ($X) constituted the largest supplier of non-electrical lamps and lighting fittings to Sweden, comprising 36% of total imports. The second position in the ranking was taken by Poland ($X), with a 16% share of total imports. It was followed by India, with a 16% share.

From 2012 to 2021, the average annual growth rate of value from China stood at -5.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+39.1% per year) and India (-0.4% per year).

Import Prices by Country

The average non-electrical lamp import price stood at $X per unit in 2021, with a decrease of -26.2% against the previous year. Overall, the import price showed a noticeable decrease. The growth pace was the most rapid in 2018 when the average import price increased by 14% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovenia (+6.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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