Sweden: Market for Special-Purpose Electric Lamps and Lighting Fittings 2024

Market Size for Special-Purpose Electric Lamps and Lighting Fittings in Sweden

The Swedish market for special-purpose electric lamps and lighting fittings shrank to $X in 2022, declining by -9.6% against the previous year. Over the period under review, the total consumption indicated a moderate expansion from 2012 to 2022: its value increased at an average annual rate of +4.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +11.8% against 2020 indices. Over the period under review, the market reached the maximum level at $X in 2021, and then reduced in the following year.

Production of Special-Purpose Electric Lamps and Lighting Fittings in Sweden

In value terms, production of special-purpose electric lamps and lighting fittings reached $X in 2022 estimated in export price. In general, production, however, recorded a perceptible curtailment. The pace of growth appeared the most rapid in 2013 when the production volume increased by 14%. As a result, production attained the peak level of $X. From 2014 to 2022, production of growth failed to regain momentum.

Exports of Special-Purpose Electric Lamps and Lighting Fittings

Exports from Sweden

In 2022, after two years of growth, there was significant decline in overseas shipments of special-purpose electric lamps and lighting fittings, when their volume decreased by -8.4% to X units. The total export volume increased at an average annual rate of +1.1% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 20%. As a result, the exports reached the peak of X units, and then dropped in the following year.

In value terms, exports of special-purpose electric lamps and lighting fittings fell to $X in 2022. The total export value increased at an average annual rate of +2.0% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when exports increased by 22%. As a result, the exports attained the peak of $X, and then dropped in the following year.

Exports by Country

Norway (X units) was the main destination for exports of special-purpose electric lamps and lighting fittings from Sweden, with a 39% share of total exports. Moreover, exports of special-purpose electric lamps and lighting fittings to Norway exceeded the volume sent to the second major destination, Finland (X units), twofold. The third position in this ranking was taken by Germany (X units), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Norway was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-0.7% per year) and Germany (+4.8% per year).

In value terms, Norway ($X) remains the key foreign market for special-purpose electric lamps and lighting fittings exports from Sweden, comprising 37% of total exports. The second position in the ranking was taken by Finland ($X), with an 18% share of total exports. It was followed by Denmark, with a 15% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Norway stood at +1.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+1.2% per year) and Denmark (+8.8% per year).

Export Prices by Country

In 2022, the average export price for special-purpose electric lamps and lighting fittings amounted to $X per unit, leveling off at the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when the average export price increased by 10% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then contracted modestly in the following year.

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 Denmark ($X per unit), while the average price for exports to Austria ($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 Denmark (+4.6%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Special-Purpose Electric Lamps and Lighting Fittings

Imports into Sweden

Imports of special-purpose electric lamps and lighting fittings into Sweden reduced to X units in 2022, dropping by -8.5% on the year before. The total import volume increased at an average annual rate of +3.1% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2014 when imports increased by 23%. Imports peaked at X units in 2021, and then contracted in the following year.

In value terms, imports of special-purpose electric lamps and lighting fittings dropped to $X in 2022. The total import value increased at an average annual rate of +4.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 25% against the previous year. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

In 2022, China (X units) constituted the largest supplier of special-purpose electric lamp and lighting fitting to Sweden, accounting for a 71% share of total imports. Moreover, imports of special-purpose electric lamps and lighting fittings from China exceeded the figures recorded by the second-largest supplier, Poland (X units), more than tenfold. The third position in this ranking was held by Germany (X units), with a 5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +4.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+8.1% per year) and Germany (-1.2% per year).

In value terms, China ($X) constituted the largest supplier of special-purpose electric lamps and lighting fittings to Sweden, comprising 52% of total imports. The second position in the ranking was taken by Poland ($X), with a 9.1% share of total imports. It was followed by Germany, with an 8.8% share.

From 2012 to 2022, the average annual growth rate of value from China totaled +7.9%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+14.4% per year) and Germany (-1.4% per year).

Import Prices by Country

In 2022, the average import price for special-purpose electric lamps and lighting fittings amounted to $X per unit, reducing by -1.6% against the previous year. In general, the import price, however, showed a mild expansion. The pace of growth appeared the most rapid in 2013 an increase of 12%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :