Sweden: Prisms And Mirrors Market 2024

Prisms And Mirrors Market Size in Sweden

The Swedish prisms and mirrors market skyrocketed to $X in 2022, growing by 41% against the previous year. The market value increased at an average annual rate of +3.6% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Prisms And Mirrors Production in Sweden

In value terms, prisms and mirrors production expanded significantly to $X in 2022 estimated in export price. Overall, the total production indicated strong growth from 2012 to 2022: its value increased at an average annual rate of +5.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +74.4% against 2012 indices. The pace of growth appeared the most rapid in 2020 when the production volume increased by 12%. Prisms and mirrors production peaked in 2022 and is likely to see steady growth in years to come.

Prisms And Mirrors Exports

Exports from Sweden

In 2022, overseas shipments of prisms and mirrors increased by 15% to X tons, rising for the sixth year in a row after four years of decline. In general, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when exports increased by 159% against the previous year. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, prisms and mirrors exports expanded modestly to $X in 2022. Overall, total exports indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +65.9% against 2015 indices. The pace of growth was the most pronounced in 2018 when exports increased by 29%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

The United States (X tons), Finland (X tons) and France (X tons) were the main destinations of prisms and mirrors exports from Sweden, together comprising 48% of total exports.

From 2012 to 2022, the biggest increases were recorded for the United States (with a CAGR of +34.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for prisms and mirrors exported from Sweden were the United States ($X), Germany ($X) and France ($X), with a combined 52% share of total exports.

In terms of the main countries of destination, the United States, with a CAGR of +30.7%, saw 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

The average prisms and mirrors export price stood at $X per kg in 2022, which is down by -11.4% against the previous year. In general, the export price, however, saw a measured increase. The pace of growth appeared the most rapid in 2015 an increase of 241% against the previous year. Over the period under review, the average export prices hit record highs at $X per kg in 2016; however, from 2017 to 2022, the export prices stood at a somewhat lower figure.

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 Germany ($X per kg), while the average price for exports to Finland ($X per kg) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+13.2%), while the prices for the other major destinations experienced mixed trend patterns.

Prisms And Mirrors Imports

Imports into Sweden

In 2022, approx. X tons of prisms and mirrors were imported into Sweden; rising by 8.7% compared with the previous year. Overall, imports saw a moderate expansion. The most prominent rate of growth was recorded in 2020 with an increase of 39% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, prisms and mirrors imports surged to $X in 2022. In general, imports posted a buoyant increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

China (X tons), Germany (X tons) and the United States (X tons) were the main suppliers of prisms and mirrors imports to Sweden, with a combined 67% share of total imports. Switzerland, Estonia, the UK, Singapore, the Netherlands, Finland, Israel, Japan and France lagged somewhat behind, together accounting for a further 26%.

From 2012 to 2022, the biggest increases were recorded for Estonia (with a CAGR of +57.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), China ($X) and Germany ($X) appeared to be the largest prisms and mirrors suppliers to Sweden, with a combined 75% share of total imports. Switzerland, Estonia, Singapore, the UK, the Netherlands, Israel, Japan, France and Finland lagged somewhat behind, together comprising a further 21%.

Estonia, with a CAGR of +65.4%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average prisms and mirrors import price stood at $X per ton in 2022, with an increase of 35% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +4.5%. Over the period under review, average import prices attained the peak figure at $X per ton in 2018; however, from 2019 to 2022, import prices stood at a somewhat lower figure.

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 the United States ($X per ton), while the price for Finland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Singapore (+11.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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