Sweden: Refrigerator And Freezer Market 2025

Refrigerator And Freezer Market Size in Sweden

In 2022, the Swedish refrigerator and freezer market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Refrigerator and freezer consumption peaked at $X in 2021, and then shrank markedly in the following year.

Refrigerator And Freezer Production in Sweden

In value terms, refrigerator and freezer production declined modestly to $X in 2022 estimated in export price. In general, production showed a abrupt contraction. The growth pace was the most rapid in 2016 when the production volume increased by X%. Refrigerator and freezer production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Refrigerator And Freezer Exports

Exports from Sweden

After four years of growth, overseas shipments of refrigerators and freezers decreased by X% to X units in 2022. In general, exports, however, enjoyed a prominent increase. The pace of growth was the most pronounced in 2020 with an increase of X%. The exports peaked at X units in 2021, and then contracted in the following year.

In value terms, refrigerator and freezer exports fell to $X in 2022. The total export value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 with an increase of X%. The exports peaked at $X in 2021, and then shrank in the following year.

Exports by Country

Norway (X units), Finland (X units) and Denmark (X units) were the main destinations of refrigerator and freezer exports from Sweden, together accounting for X% of total exports. Iceland lagged somewhat behind, comprising a further X%.

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

In value terms, Norway ($X), Finland ($X) and Denmark ($X) constituted the largest markets for refrigerator and freezer exported from Sweden worldwide, with a combined X% share of total exports. Iceland lagged somewhat behind, accounting for a further X%.

Iceland, with a CAGR of X%, saw the highest growth rate of 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 refrigerator and freezer export price amounted to $X per unit, standing approx. at the previous year. In general, the export price, however, continues to indicate a noticeable descent. The most prominent rate of growth was recorded in 2017 when the average export price increased by X%. The export price peaked at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the countries with the highest prices were Norway ($X per unit) and Denmark ($X per unit), while the average price for exports to Iceland ($X per unit) and Finland ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (X%), while the prices for the other major destinations experienced a decline.

Refrigerator And Freezer Imports

Imports into Sweden

In 2022, after two years of growth, there was significant decline in overseas purchases of refrigerators and freezers, when their volume decreased by X% to X units. Overall, total imports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2021, and then dropped rapidly in the following year.

In value terms, refrigerator and freezer imports declined to $X in 2022. The total import value increased at an average annual rate of X% 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 X%. As a result, imports attained the peak of $X, and then reduced in the following year.

Imports by Country

China (X units), Italy (X units) and Hungary (X units) were the main suppliers of refrigerator and freezer imports to Sweden, together comprising X% of total imports. Turkey, Poland, Germany, Denmark and the UK lagged somewhat behind, together comprising a further X%.

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

In value terms, the largest refrigerator and freezer suppliers to Sweden were Poland ($X), Hungary ($X) and Turkey ($X), with a combined X% share of total imports.

Among the main suppliers, Poland, with a CAGR of X%, recorded 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 refrigerator and freezer import price stood at $X per unit in 2022, with an increase of X% against the previous year. Overall, the import price, however, recorded a noticeable decline. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a 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 Poland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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