Sweden: Market for Turbo-Jets Of A Thrust Not Exceeding 25 kN 2025

Market Size for Turbo-Jets Of A Thrust Not Exceeding 25 kN in Sweden

The Swedish turbo-jet (under X kN) market was finally on the rise to reach $X in 2022, after three years of decline. Over the period under review, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of +5.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market reached the maximum level at $X in 2015; however, from 2016 to 2022, consumption stood at a somewhat lower figure.

Production of Turbo-Jets Of A Thrust Not Exceeding X kN in Sweden

In value terms, turbo-jet (under X kN) production fell modestly to $X in 2022 estimated in export price. In general, the total production indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of +4.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production increased by +1.5% against 2020 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by 72% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Exports of Turbo-Jets Of A Thrust Not Exceeding 25 kN

Exports from Sweden

After two years of growth, overseas shipments of turbo-jets of a thrust not exceeding X kN decreased by -75.8% to X units in 2022. Overall, exports, however, recorded a strong expansion. The growth pace was the most rapid in 2021 when exports increased by 9,160%. Over the period under review, the exports reached the peak figure at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, turbo-jet (under X kN) exports fell dramatically to $X in 2022. Over the period under review, exports recorded a precipitous shrinkage. The pace of growth was the most pronounced in 2016 when exports increased by 2,505%. Over the period under review, the exports attained the peak figure at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Canada (X units) was the main destination for turbo-jet (under X kN) exports from Sweden, with a 63% share of total exports. Moreover, turbo-jet (under X kN) exports to Canada exceeded the volume sent to the second major destination, Oman (X units), threefold. The third position in this ranking was taken by Norway (X units), with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Canada amounted to +56.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Oman (0.0% per year) and Norway (+14.9% per year).

In value terms, Canada ($X) emerged as the key foreign market for turbo-jets of a thrust not exceeding X kN exports from Sweden, comprising 67% of total exports. The second position in the ranking was taken by the UK ($X), with an 18% share of total exports. It was followed by Norway, with a 10% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Canada totaled +15.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (0.0% per year) and Norway (-5.7% per year).

Export Prices by Country

In 2022, the average turbo-jet (under X kN) export price amounted to $X per unit, which is down by -47.6% against the previous year. Overall, the export price faced a dramatic descent. The growth pace was the most rapid in 2018 an increase of 1,032%. Over the period under review, the average export prices reached the maximum at $X per unit in 2019; however, from 2020 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 the UK ($X per unit), while the average price for exports to Oman ($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 Switzerland (+7.6%), while the prices for the other major destinations experienced a decline.

Imports of Turbo-Jets Of A Thrust Not Exceeding 25 kN

Imports into Sweden

In 2022, purchases abroad of turbo-jets of a thrust not exceeding X kN increased by 100% to X units, rising for the second year in a row after two years of decline. Over the period under review, imports showed a remarkable increase. The most prominent rate of growth was recorded in 2021 when imports increased by 425%. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in years to come.

In value terms, turbo-jet (under X kN) imports surged to $X in 2022. In general, imports, however, saw a sharp setback. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest turbo-jet (under X kN) supplier to Sweden, accounting for a 90% share of total imports. It was followed by the UK (X units), with a 3% share of total imports. The third position in this ranking was taken by South Korea (X units), with a 2.4% share.

From 2012 to 2022, the average annual growth rate of volume from Germany stood at +61.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-86.5% per year) and South Korea (+41.4% per year).

In value terms, the United States ($X) constituted the largest supplier of turbo-jets of a thrust not exceeding X kN to Sweden, comprising 78% of total imports. The second position in the ranking was taken by Germany ($X), with a 20% share of total imports. It was followed by the UK, with a 0.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the United States stood at -12.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+0.1% per year) and the UK (+287.6% per year).

Import Prices by Country

In 2022, the average turbo-jet (under X kN) import price amounted to $X per unit, increasing by 175% against the previous year. Overall, the import price, however, recorded a significant curtailment. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat 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 the United States ($X per unit), while the price for Norway ($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 (+2,768.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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