Sweden: Telecommunications Instrument Market 2025

Telecommunications Instrument Market Size in Sweden

For the fifth year in a row, the Swedish telecommunications instrument market recorded growth in sales value, which increased by 14% to $X in 2021. Over the period under review, consumption recorded a relatively flat trend pattern. Over the period under review, the market reached the maximum level in 2021 and is expected to retain growth in the near future.

Telecommunications Instrument Production in Sweden

In value terms, telecommunications instrument production contracted to $X in 2021 estimated in export price. In general, the total production indicated slight growth from 2012 to 2021: its value increased at an average annual rate of +1.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -40.9% against 2014 indices. The pace of growth appeared the most rapid in 2013 with an increase of 51%. Telecommunications instrument production peaked at $X in 2014; however, from 2015 to 2021, production failed to regain momentum.

Telecommunications Instrument Exports

Exports from Sweden

Telecommunications instrument exports from Sweden dropped to X units in 2021, waning by -6.4% on the previous year. In general, exports recorded a noticeable shrinkage. The pace of growth was the most pronounced in 2013 with an increase of 51% against the previous year. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, telecommunications instrument exports contracted to $X in 2021. Overall, exports continue to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2013 when exports increased by 44%. The exports peaked at $X in 2015; however, from 2016 to 2021, the exports failed to regain momentum.

Exports by Country

China (X units) was the main destination for telecommunications instrument exports from Sweden, accounting for a 34% share of total exports. Moreover, telecommunications instrument exports to China exceeded the volume sent to the second major destination, South Korea (X units), fourfold. The third position in this ranking was taken by Canada (X units), with an 8.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to China totaled +9.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (-10.0% per year) and Canada (+18.4% per year).

In value terms, China ($X) remains the key foreign market for telecommunications instruments exports from Sweden, comprising 35% of total exports. The second position in the ranking was held by Canada ($X), with a 12% share of total exports. It was followed by South Korea, with a 9.9% share.

From 2012 to 2021, the average annual growth rate of value to China stood at +8.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+17.7% per year) and South Korea (-4.7% per year).

Export Prices by Country

In 2021, the average telecommunications instrument export price amounted to $X per unit, falling by -4.4% against the previous year. Over the period under review, the export price showed a mild slump. The most prominent rate of growth was recorded in 2020 an increase of 44%. Over the period under review, the average export prices attained the maximum at $X per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to India ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to South Korea (+5.9%), while the prices for the other major destinations experienced more modest paces of growth.

Telecommunications Instrument Imports

Imports into Sweden

In 2021, the amount of telecommunications instruments imported into Sweden rose significantly to X units, surging by 11% against the previous year. Over the period under review, imports, however, continue to indicate a deep contraction. The most prominent rate of growth was recorded in 2017 with an increase of 21% against the previous year. Over the period under review, imports attained the maximum at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, telecommunications instrument imports dropped to $X in 2021. Overall, imports, however, continue to indicate a slight downturn. The most prominent rate of growth was recorded in 2017 when imports increased by 73% against the previous year. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

China (X units), the UK (X units) and Germany (X units) were the main suppliers of telecommunications instrument imports to Sweden, together comprising 66% of total imports. These countries were followed by the United States, the Netherlands, India, Malaysia, Mexico, Canada, Finland and Switzerland, which together accounted for a further 25%.

From 2012 to 2021, the biggest increases were recorded for Malaysia (with a CAGR of +12.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest telecommunications instrument suppliers to Sweden were Germany ($X), the United States ($X) and the UK ($X), with a combined 77% share of total imports. These countries were followed by the Netherlands, Malaysia, China, Switzerland, India, Canada, Finland and Mexico, which together accounted for a further 16%.

In terms of the main suppliers, Malaysia, with a CAGR of +11.2%, recorded the highest growth rate of 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

In 2021, the average telecommunications instrument import price amounted to $X per unit, shrinking by -14% against the previous year. Overall, the import price, however, recorded a prominent increase. The most prominent rate of growth was recorded in 2020 when the average import price increased by 50%. As a result, import price attained the peak level of $X per unit, and then declined in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Switzerland (+26.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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