Sweden: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in Sweden

In 2022, the Swedish telephone apparatus market decreased by -31% to $X, falling for the fourth year in a row after two years of growth. Over the period under review, consumption continues to indicate a drastic downturn. As a result, consumption attained the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Telephone Apparatus Production in Sweden

In value terms, telephone apparatus production stood at $X in 2022 estimated in export price. Over the period under review, production, however, saw a abrupt decrease. The growth pace was the most rapid in 2018 with an increase of 11%. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Telephone Apparatus Exports

Exports from Sweden

After two years of growth, overseas shipments of telephone apparatus decreased by -4.6% to X tons in 2022. In general, exports, however, saw a pronounced expansion. The pace of growth appeared the most rapid in 2021 when exports increased by 91% against the previous year. As a result, the exports reached the peak of X tons, and then dropped slightly in the following year.

In value terms, telephone apparatus exports fell to $X in 2022. Overall, exports continue to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 8.3%. Over the period under review, the exports hit record highs at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X tons), Denmark (X tons) and Russia (X tons) were the main destinations of telephone apparatus exports from Sweden, with a combined 16% share of total exports. Finland, Germany, France, the United States, the UK, Italy, the Netherlands, China, Poland and the Czech Republic lagged somewhat behind, together accounting for a further 16%.

From 2012 to 2021, the biggest increases were recorded for the Czech Republic (with a CAGR of +21.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for telephone apparatus exported from Sweden were Denmark ($X), Norway ($X) and Finland ($X), together accounting for 50% of total exports. France, the UK, Russia, Germany, the United States, the Netherlands, Italy, China, the Czech Republic and Poland lagged somewhat behind, together comprising a further 27%.

In terms of the main countries of destination, the Czech Republic, with a CAGR of +10.3%, saw the highest rates of growth with regard to 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 telephone apparatus export price stood at $X per ton in 2021, which is down by -43.3% against the previous year. Overall, the export price showed a deep downturn. The pace of growth was the most pronounced in 2018 when the average export price increased by 31% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2019; however, from 2020 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 Denmark ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to France (+10.4%), while the prices for the other major destinations experienced more modest paces of growth.

Telephone Apparatus Imports

Imports into Sweden

In 2022, supplies from abroad of telephone apparatus decreased by -7.3% to X tons for the first time since 2019, thus ending a two-year rising trend. In general, total imports indicated a temperate expansion from 2012 to 2022: its volume increased at an average annual rate of +3.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +26.7% against 2019 indices. The pace of growth was the most pronounced in 2013 with an increase of 92% against the previous year. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, telephone apparatus imports reduced markedly to $X in 2022. Over the period under review, imports recorded a perceptible setback. The growth pace was the most rapid in 2021 with an increase of 14%. As a result, imports attained the peak of $X, and then contracted notably in the following year.

Imports by Country

Poland (X tons), China (X tons) and the Netherlands (X tons) were the main suppliers of telephone apparatus imports to Sweden, together comprising 32% of total imports. Germany, Estonia, Ireland, Vietnam, Hungary, Denmark, Brazil, France, the Czech Republic and the UK lagged somewhat behind, together accounting for a further 16%.

From 2012 to 2021, the biggest increases were recorded for Brazil (with a CAGR of +24.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of telephone apparatus to Sweden, comprising 36% of total imports. The second position in the ranking was taken by China ($X), with an 11% share of total imports. It was followed by Vietnam, with an 11% share.

From 2012 to 2021, the average annual growth rate of value from the Netherlands stood at +25.6%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-1.3% per year) and Vietnam (+2.5% per year).

Import Prices by Country

The average telephone apparatus import price stood at $X per ton in 2021, reducing by -12% against the previous year. Overall, the import price saw a noticeable descent. The most prominent rate of growth was recorded in 2014 when the average import price increased by 33% against the previous year. Over the period under review, average import prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Vietnam ($X per ton), while the price for Brazil ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+9.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :