Scandinavia: Domestic Electro-Thermic Appliances Market 2024

Domestic Electro-Thermic Appliances Market Size in Scandinavia

After six years of growth, the Scandinavia domestic electro-thermic appliances market decreased by X% to $X in 2022. The market value increased at an average annual rate of X% from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. As a result, consumption attained the peak level of $X, and then dropped in the following year.

Domestic Electro-Thermic Appliances Production in Scandinavia

In value terms, domestic electro-thermic appliances production skyrocketed to $X in 2022 estimated in export price. In general, production, however, recorded a mild contraction. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Domestic Electro-Thermic Appliances Exports

Exports in Scandinavia

After two years of growth, overseas shipments of domestic electro-thermic appliances decreased by X% to X units in 2022. Over the period under review, exports recorded a mild contraction. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, domestic electro-thermic appliances exports declined to $X in 2022. Total exports indicated modest growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2015 indices. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, the exports reached the peak of $X, and then shrank in the following year.

Exports by Country

Sweden dominates exports structure, amounting to X units, which was near X% of total exports in 2022. Norway (X units) took the second position in the ranking, followed by Finland (X units). All these countries together held near X% share of total exports.

Sweden experienced a relatively flat trend pattern with regard to volume of exports of domestic electro-thermic appliances. Finland (X%) and Norway (X%) illustrated a downward trend over the same period. Sweden (X p.p.) significantly strengthened its position in terms of the total exports, while Norway saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) remains the largest domestic electro-thermic appliances supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was held by Finland ($X), with a X% share of total exports.

In Sweden, domestic electro-thermic appliances exports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Finland (X% per year) and Norway (X% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per unit in 2022, picking up by X% against the previous year. Export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, domestic electro-thermic appliances export price increased by X% against 2016 indices. The pace of growth appeared the most rapid in 2020 when the export price increased by X%. Over the period under review, the export prices hit record highs in 2022 and is likely to continue growth in years to come.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per unit), while Norway ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (X%), while the other leaders experienced more modest paces of growth.

Domestic Electro-Thermic Appliances Imports

Imports in Scandinavia

In 2022, the amount of domestic electro-thermic appliances imported in Scandinavia declined rapidly to X units, with a decrease of X% against the previous year's figure. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports attained the peak of X units, and then reduced markedly in the following year.

In value terms, domestic electro-thermic appliances imports reduced to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then declined in the following year.

Imports by Country

Sweden was the main importer of domestic electro-thermic appliances in Scandinavia, with the volume of imports resulting at X units, which was approx. X% of total imports in 2022. Norway (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Finland (X%).

Sweden experienced a relatively flat trend pattern with regard to volume of imports of domestic electro-thermic appliances. Norway and Finland experienced a relatively flat trend pattern. The shares of the largest importers remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) constitutes the largest market for imported domestic electro-thermic appliances in Scandinavia, comprising X% of total imports. The second position in the ranking was held by Norway ($X), with a X% share of total imports.

In Sweden, domestic electro-thermic appliances imports increased at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Norway (X% per year) and Finland (X% per year).

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per unit, surging by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2020 an increase of X% against the previous year. Over the period under review, import prices attained the maximum in 2022 and is likely to see gradual growth in the near future.

Average prices varied noticeably amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Norway ($X per unit), while Finland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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