Sweden: Refrigerated Show-Cases Market 2024

Refrigerated Show-Cases Market Size in Sweden

The Swedish refrigerated show-cases market contracted to $X in 2022, which is down by -2.1% against the previous year. Overall, the total consumption indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.4% 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 +28.2% against 2020 indices. As a result, consumption reached the peak level of $X, and then contracted slightly in the following year.

Refrigerated Show-Cases Production in Sweden

In value terms, refrigerated show-cases production dropped to $X in 2022 estimated in export price. Overall, production, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the production volume increased by 83% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Refrigerated Show-Cases Exports

Exports from Sweden

For the seventh year in a row, Sweden recorded growth in shipments abroad of refrigerated show-caseses, which increased by 23% to X units in 2022. Over the period under review, exports posted a resilient expansion. The most prominent rate of growth was recorded in 2019 with an increase of 28% against the previous year. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, refrigerated show-cases exports fell modestly to $X in 2022. Overall, total exports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +3.7% 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 +16.2% against 2020 indices. The pace of growth appeared the most rapid in 2018 with an increase of 20%. Over the period under review, the exports hit record highs at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

The United States (X units), Norway (X units) and Denmark (X units) were the main destinations of refrigerated show-cases exports from Sweden, with a combined 63% 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 the United States (with a CAGR of +79.6%), while the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Finland ($X) and Denmark ($X) constituted the largest markets for refrigerated show-cases exported from Sweden worldwide, together accounting for 72% of total exports. The United States, Germany, Austria, Australia and Belgium lagged somewhat behind, together comprising a further 9.9%.

The United States, with a CAGR of +66.5%, recorded the highest rates of growth with regard to the value of exports, among 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

In 2022, the average refrigerated show-cases export price amounted to $X per unit, waning by -19.4% against the previous year. Over the period under review, the export price recorded a pronounced decrease. The most prominent rate of growth was recorded in 2013 an increase of 42%. Over the period under review, the average export prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, 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 Norway ($X per unit), while the average price for exports to the United States ($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 Austria (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Refrigerated Show-Cases Imports

Imports into Sweden

In 2022, the amount of refrigerated show-caseses imported into Sweden dropped to X units, which is down by -2.4% on the previous year's figure. Overall, imports, however, posted a prominent increase. The growth pace was the most rapid in 2021 with an increase of 24% against the previous year. As a result, imports attained the peak of X units, and then contracted in the following year.

In value terms, refrigerated show-cases imports rose modestly to $X in 2022. The total import value increased at an average annual rate of +3.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 27%. Imports peaked in 2022 and are likely to see steady growth in the near future.

Imports by Country

China (X units), Italy (X units) and Denmark (X units) were the main suppliers of refrigerated show-cases imports to Sweden, together comprising 75% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +22.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest refrigerated show-cases suppliers to Sweden were China ($X), Italy ($X) and Finland ($X), together comprising 63% of total imports.

In terms of the main suppliers, China, with a CAGR of +27.3%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average refrigerated show-cases import price stood at $X per unit in 2022, with an increase of 5.9% against the previous year. Over the period under review, the import price, however, recorded a deep setback. Over the period under review, average import prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform