Sweden: Photographic Flashbulb Market 2024

Photographic Flashbulb Market Size in Sweden

In 2021, the Swedish photographic flashbulb market decreased by -13.5% to $X, falling for the second year in a row after two years of growth. Overall, consumption saw a slight downturn. The pace of growth appeared the most rapid in 2018 with an increase of 4.5%. Over the period under review, the market attained the maximum level at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Photographic Flashbulb Production in Sweden

In value terms, photographic flashbulb production totaled $X in 2021 estimated in export price. Over the period under review, production, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2019 with an increase of 2.4%. As a result, production attained the peak level of $X. From 2020 to 2021, production growth remained at a somewhat lower figure.

Photographic Flashbulb Exports

Exports from Sweden

In 2021, photographic flashbulb exports from Sweden surged to X units, growing by 659% compared with 2020 figures. Overall, exports continue to indicate significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, photographic flashbulb exports surged to $X in 2021. In general, exports showed a strong increase. The pace of growth was the most pronounced in 2017 with an increase of 472%. As a result, the exports reached the peak of $X. From 2018 to 2021, the growth of the exports failed to regain momentum.

Exports by Country

Portugal (X units) was the main destination for photographic flashbulb exports from Sweden, accounting for a 87% share of total exports. Moreover, photographic flashbulb exports to Portugal exceeded the volume sent to the second major destination, South Korea (X units), more than tenfold. The UK (X units) ranked third in terms of total exports with a 2.6% share.

From 2012 to 2021, the average annual growth rate of volume to Portugal was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+474.0% per year) and the UK (+1,266.2% per year).

In value terms, Norway ($X), Portugal ($X) and the UK ($X) were the largest markets for photographic flashbulb exported from Sweden worldwide, together comprising 73% of total exports. These countries were followed by the Netherlands, South Korea, Latvia and Spain, which together accounted for a further 1.6%.

Among the main countries of destination, Latvia, with a CAGR of +437.6%, recorded the highest growth rate of 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 2021, the average photographic flashbulb export price amounted to $X per unit, shrinking by -74.9% against the previous year. Over the period under review, the export price faced a dramatic decrease. The growth pace was the most rapid in 2018 when the average export price increased by 18% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to South Korea ($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 Latvia (+12.8%), while the prices for the other major destinations experienced mixed trend patterns.

Photographic Flashbulb Imports

Imports into Sweden

In 2021, supplies from abroad of photographic flashbulbs and flashcubes was finally on the rise to reach X units after two years of decline. In general, imports recorded a buoyant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, photographic flashbulb imports declined sharply to $X in 2021. Over the period under review, imports, however, continue to indicate a deep reduction. The growth pace was the most rapid in 2014 when imports increased by 122% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of photographic flashbulb to Sweden, accounting for a 86% share of total imports. Moreover, photographic flashbulb imports from China exceeded the figures recorded by the second-largest supplier, Norway (X units), tenfold. Poland (X units) ranked third in terms of total imports with a 1.7% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +117.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (+17.9% per year) and Poland (-24.2% per year).

In value terms, China ($X) constituted the largest supplier of photographic flashbulbs and flashcubes to Sweden, comprising 70% of total imports. The second position in the ranking was held by Norway ($X), with a 21% share of total imports. It was followed by Switzerland, with a 0.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +83.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (+13.2% per year) and Switzerland (-22.0% per year).

Import Prices by Country

In 2021, the average photographic flashbulb import price amounted to $X per unit, shrinking by -78.9% against the previous year. In general, the import price recorded a abrupt setback. The most prominent rate of growth was recorded in 2015 an increase of 43%. Over the period under review, average import prices attained the peak figure at $X per unit in 2018; however, from 2019 to 2021, import prices failed to regain momentum.

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 Norway ($X per unit), while the price for Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (-4.0%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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