Sweden: Market for Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems 2024

Market Size for Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems in Sweden

The Swedish market for window or wall air conditioning systems, self-contained or split-systems surged to $X in 2022, picking up by 27% against the previous year. Over the period under review, consumption enjoyed a prominent expansion. Consumption of peaked in 2022 and is likely to see steady growth in the immediate term.

Production of Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems in Sweden

In value terms, production of window or wall air conditioning systems, self-contained or split-systems reduced to $X in 2022 estimated in export price. Over the period under review, the total production indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by -12.2% against 2019 indices. The most prominent rate of growth was recorded in 2019 when the production volume increased by 47% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production of growth failed to regain momentum.

Exports of Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems

Exports from Sweden

Exports of window or wall air conditioning systems, self-contained or split-systems from Sweden skyrocketed to X units in 2022, picking up by 25% on the previous year's figure. Over the period under review, exports, however, recorded a pronounced downturn. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of window or wall air conditioning systems, self-contained or split-systems rose notably to $X in 2022. Overall, exports, however, saw a pronounced decline. Over the period under review, the exports of reached the maximum at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Norway (X units) was the main destination for exports of window or wall air conditioning systems, self-contained or split-systems from Sweden, with a 43% share of total exports. Moreover, exports of window or wall air conditioning systems, self-contained or split-systems to Norway exceeded the volume sent to the second major destination, Finland (X units), threefold. Denmark (X units) ranked third in terms of total exports with an 8.1% share.

From 2012 to 2022, the average annual growth rate of volume to Norway was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-9.9% per year) and Denmark (-8.6% per year).

In value terms, Norway ($X) remains the key foreign market for window or wall air conditioning systems, self-contained or split-systems exports from Sweden, comprising 43% of total exports. The second position in the ranking was held by Finland ($X), with a 13% share of total exports. It was followed by Denmark, with an 8.1% share.

From 2012 to 2022, the average annual growth rate of value to Norway was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (-10.1% per year) and Denmark (-8.8% per year).

Export Prices by Country

In 2022, the average export price for window or wall air conditioning systems, self-contained or split-systems amounted to $X per unit, waning by -11.1% against the previous year. Overall, the export price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 an increase of 23% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2021, and then contracted in the following year.

Average prices varied noticeably for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Germany ($X per unit) and Iceland ($X per unit), while the average price for exports to France ($X per unit) and Lithuania ($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 Germany (-0.2%), while the prices for the other major destinations experienced a decline.

Imports of Window or Wall Air Conditioning Systems, Self-Contained or Split-Systems

Imports into Sweden

For the third year in a row, Sweden recorded growth in overseas purchases of window or wall air conditioning systems, self-contained or split-systems, which increased by 53% to X units in 2022. Overall, imports showed a buoyant expansion. The most prominent rate of growth was recorded in 2017 with an increase of 97%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, imports of window or wall air conditioning systems, self-contained or split-systems soared to $X in 2022. In general, imports saw prominent growth. The most prominent rate of growth was recorded in 2017 when imports increased by 70%. Imports peaked in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

In 2022, China (X units) constituted the largest supplier of window, wall, or split air conditioning system to Sweden, accounting for a 40% share of total imports. Moreover, imports of window or wall air conditioning systems, self-contained or split-systems from China exceeded the figures recorded by the second-largest supplier, Thailand (X units), twofold. Poland (X units) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +30.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+32.2% per year) and Poland (+17.6% per year).

In value terms, China ($X) constituted the largest supplier of window or wall air conditioning systems, self-contained or split-systems to Sweden, comprising 40% of total imports. The second position in the ranking was taken by Thailand ($X), with a 17% share of total imports. It was followed by Poland, with a 14% share.

From 2012 to 2022, the average annual growth rate of value from China amounted to +28.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Thailand (+30.3% per year) and Poland (+15.9% per year).

Import Prices by Country

The average import price for window or wall air conditioning systems, self-contained or split-systems stood at $X per unit in 2022, with an increase of 4% against the previous year. In general, the import price, however, showed a slight setback. The growth pace was the most rapid in 2018 an increase of 22%. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Thailand ($X per unit) and Finland ($X per unit), while the price for the UK ($X per unit) and South Korea ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (-1.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :