Sweden: Television Receiver Market 2024

Television Receiver Market Size in Sweden

In 2022, the Swedish television receiver market decreased by -26.4% to $X for the first time since 2019, thus ending a two-year rising trend. Overall, consumption showed a pronounced setback. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Television Receiver Production in Sweden

In value terms, television receiver production totaled $X in 2022 estimated in export price. In general, production continues to indicate buoyant growth. The most prominent rate of growth was recorded in 2014 with an increase of 69%. Television receiver production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Television Receiver Exports

Exports from Sweden

In 2022, approx. X units of television receivers were exported from Sweden; waning by -11.8% compared with 2021 figures. Overall, exports showed a abrupt setback. The pace of growth was the most pronounced in 2020 when exports increased by 8.8% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, television receiver exports declined markedly to $X in 2022. In general, exports recorded a noticeable downturn. The pace of growth was the most pronounced in 2020 when exports increased by 7.8%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X units), Denmark (X units) and Finland (X units) were the main destinations of television receiver exports from Sweden, together accounting for 95% of total exports. Iceland lagged somewhat behind, comprising a further 2.4%.

From 2012 to 2022, the biggest increases were recorded for Iceland (with a CAGR of +9.1%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for television receiver exported from Sweden were Norway ($X), Denmark ($X) and Finland ($X), together accounting for 95% of total exports. Iceland lagged somewhat behind, comprising a further 3%.

Iceland, with a CAGR of +9.8%, saw 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 a decline.

Export Prices by Country

In 2022, the average television receiver export price amounted to $X per unit, with a decrease of -9.7% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2017 when the average export price increased by 25%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2021, and then shrank in the following year.

Average prices varied somewhat for the major foreign markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Iceland ($X per unit) and Denmark ($X per unit), while the average price for exports to Norway ($X per unit) and Finland ($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 Denmark (+1.9%), while the prices for the other major destinations experienced more modest paces of growth.

Television Receiver Imports

Imports into Sweden

After two years of growth, supplies from abroad of television receivers decreased by -15.9% to X units in 2022. Overall, imports saw a pronounced reduction. The most prominent rate of growth was recorded in 2014 when imports increased by 11% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, television receiver imports declined rapidly to $X in 2022. Over the period under review, imports showed a pronounced descent. The most prominent rate of growth was recorded in 2017 when imports increased by 19%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

China (X units), Poland (X units) and Slovakia (X units) were the main suppliers of television receiver imports to Sweden, with a combined 58% share 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 +15.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest television receiver suppliers to Sweden were Hungary ($X), Slovakia ($X) and Poland ($X), with a combined 81% share of total imports. France, China, Turkey, the Netherlands, Denmark, South Korea, Ireland and the UK lagged somewhat behind, together comprising a further 15%.

China, with a CAGR of +8.4%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average television receiver import price amounted to $X per unit, declining by -10.4% against the previous year. In general, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 when the average import price increased by 31% against the previous year. The import price peaked at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($X per unit), while the price for China ($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 (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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