Sweden: Vapour Generating Boiler Market 2024

Vapour Generating Boiler Market Size in Sweden

For the fourth consecutive year, the Swedish vapour generating boiler market recorded decline in sales value, which decreased by -18.7% to $X in 2021. Over the period under review, consumption recorded significant growth. Vapour generating boiler consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Vapour Generating Boiler Production in Sweden

In value terms, vapour generating boiler production declined markedly to $X in 2021 estimated in export price. Overall, production recorded a abrupt descent. The pace of growth was the most pronounced in 2018 when the production volume increased by 47% against the previous year. Vapour generating boiler production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Vapour Generating Boiler Exports

Exports from Sweden

For the fourth consecutive year, Sweden recorded decline in overseas shipments of vapour generating boilers, which decreased by -31.8% to X tons in 2021. Overall, exports recorded a precipitous curtailment. The most prominent rate of growth was recorded in 2014 when exports increased by 48% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, vapour generating boiler exports expanded slightly to $X in 2021. In general, exports recorded a deep contraction. The growth pace was the most rapid in 2014 when exports increased by 55% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Turkey (X tons), Latvia (X tons) and Norway (X tons) were the main destinations of vapour generating boiler exports from Sweden, with a combined 27% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Latvia (with a CAGR of +4.6%), while shipments for the other leaders experienced a decline.

In value terms, the largest markets for vapour generating boiler exported from Sweden were Latvia ($X), France ($X) and Australia ($X), with a combined 32% share of total exports.

In terms of the main countries of destination, Latvia, with a CAGR of +23.5%, saw the highest growth rate of 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 vapour generating boiler export price stood at $X per ton in 2021, with an increase of 54% against the previous year. In general, the export price saw a remarkable increase. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was India ($X per ton), while the average price for exports to Turkey ($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 India (+20.6%), while the prices for the other major destinations experienced more modest paces of growth.

Vapour Generating Boiler Imports

Imports into Sweden

For the fourth year in a row, Sweden recorded decline in overseas purchases of vapour generating boilers, which decreased by -12.9% to X tons in 2021. Overall, imports saw a deep downturn. The most prominent rate of growth was recorded in 2015 when imports increased by 472%. Over the period under review, imports hit record highs at X tons in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, vapour generating boiler imports fell dramatically to $X in 2021. In general, imports saw a abrupt contraction. The most prominent rate of growth was recorded in 2015 with an increase of 245%. Over the period under review, imports hit record highs at $X in 2017; however, from 2018 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X tons), Italy (X tons) and Denmark (X tons) were the main suppliers of vapour generating boiler imports to Sweden, with a combined 84% share of total imports. These countries were followed by Finland, Spain, China and Turkey, which together accounted for a further 14%.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +21.7%), while purchases for the other leaders experienced a decline.

In value terms, the largest vapour generating boiler suppliers to Sweden were Denmark ($X), Germany ($X) and Italy ($X), together comprising 74% of total imports. These countries were followed by Finland, Spain, China and Turkey, which together accounted for a further 19%.

Among the main suppliers, Spain, with a CAGR of +7.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2021, the average vapour generating boiler import price amounted to $X per ton, which is down by -17.1% against the previous year. Overall, the import price, however, enjoyed a remarkable increase. The pace of growth appeared the most rapid in 2020 an increase of 121%. As a result, import price attained the peak level of $X per ton, and then plummeted in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+29.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :