Sweden: Radio Receiver Market 2025

Radio Receiver Market Size in Sweden

The Swedish radio receiver market soared to $X in 2022, picking up by 54% against the previous year. In general, consumption, however, continues to indicate a perceptible reduction. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Radio Receiver Production in Sweden

In value terms, radio receiver production rose modestly to $X in 2022 estimated in export price. Overall, production showed a significant increase. The most prominent rate of growth was recorded in 2019 with an increase of 464% against the previous year. Radio receiver production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Radio Receiver Exports

Exports from Sweden

Radio receiver exports from Sweden fell to X units in 2022, waning by -10% compared with the year before. Over the period under review, exports continue to indicate a deep downturn. The most prominent rate of growth was recorded in 2021 when exports increased by 25%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, radio receiver exports rose slightly to $X in 2022. Overall, exports saw a pronounced reduction. The growth pace was the most rapid in 2017 when exports increased by 48%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X units), Poland (X units) and Finland (X units) were the main destinations of radio receiver exports from Sweden, with a combined 58% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +25.7%), while the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Poland ($X) and Germany ($X) constituted the largest markets for radio receiver exported from Sweden worldwide, with a combined 52% share of total exports.

Poland, with a CAGR of +38.0%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average radio receiver export price stood at $X per unit in 2022, picking up by 14% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2017 an increase of 33%. Over the period under review, the average export prices attained the peak figure in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Finland ($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 the UK (+14.3%), while the prices for the other major destinations experienced more modest paces of growth.

Radio Receiver Imports

Imports into Sweden

In 2022, purchases abroad of radio receivers increased by 23% to X units, rising for the second consecutive year after three years of decline. Overall, imports, however, showed a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of 28% against the previous year. Imports peaked at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, radio receiver imports skyrocketed to $X in 2022. Over the period under review, imports, however, continue to indicate a drastic downturn. The growth pace was the most rapid in 2021 with an increase of 85% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of radio receiver to Sweden, accounting for a 46% share of total imports. Moreover, radio receiver imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X units), twofold. The third position in this ranking was held by the Netherlands (X units), with a 14% share.

From 2012 to 2022, the average annual growth rate of volume from China stood at -4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+30.1% per year) and the Netherlands (-8.9% per year).

In value terms, Portugal ($X) constituted the largest supplier of radio receivers to Sweden, comprising 70% of total imports. The second position in the ranking was held by China ($X), with a 9% share of total imports. It was followed by the Netherlands, with a 6.3% share.

From 2012 to 2022, the average annual growth rate of value from Portugal amounted to +41.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-1.9% per year) and the Netherlands (-8.4% per year).

Import Prices by Country

The average radio receiver import price stood at $X per unit in 2022, surging by 37% against the previous year. In general, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, radio receiver import price increased by +99.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 an increase of 45% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is likely to continue growth in the near future.

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 Portugal ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+49.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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