Sweden: Non-Combined Refrigerator-Freezer Market 2024

Non-Combined Refrigerator-Freezer Market Size in Sweden

In 2022, after two years of growth, there was significant decline in the Swedish non-combined refrigerator-freezer market, when its value decreased by X% to $X. The market value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Non-combined refrigerator-freezer consumption peaked at $X in 2021, and then reduced remarkably in the following year.

Non-Combined Refrigerator-Freezer Production in Sweden

In value terms, non-combined refrigerator-freezer production surged to $X in 2022 estimated in export price. Overall, production, however, recorded a precipitous slump. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Non-Combined Refrigerator-Freezer Exports

Exports from Sweden

After four years of growth, overseas shipments of household refrigerators and freezers (not combined) decreased by X% to X units in 2022. The total export volume increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. The exports peaked at X units in 2021, and then reduced in the following year.

In value terms, non-combined refrigerator-freezer exports reduced to $X in 2022. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at $X in 2021, and then fell in the following year.

Exports by Country

Norway (X units), Finland (X units) and Denmark (X units) were the main destinations of non-combined refrigerator-freezer exports from Sweden, together comprising X% of total exports. These countries were followed by Iceland, which accounted for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iceland (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Finland ($X) and Denmark ($X) appeared to be the largest markets for non-combined refrigerator-freezer exported from Sweden worldwide, with a combined X% share of total exports. Iceland lagged somewhat behind, comprising a further X%.

In terms of the main countries of destination, Iceland, with a CAGR of X%, saw the highest rates of growth with regard to 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

In 2022, the average non-combined refrigerator-freezer export price amounted to $X per unit, standing approx. at the previous year. Over the period under review, the export price, however, showed a mild downturn. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Norway ($X per unit) and Finland ($X per unit), while the average price for exports to Iceland ($X per unit) and Denmark ($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 Finland (X%), while the prices for the other major destinations experienced a decline.

Non-Combined Refrigerator-Freezer Imports

Imports into Sweden

Non-combined refrigerator-freezer imports into Sweden plummeted to X units in 2022, with a decrease of X% compared with the previous year. Overall, total imports indicated a notable increase from 2012 to 2022: its volume 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, imports decreased by X% against 2020 indices. The growth pace was the most rapid in 2014 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, non-combined refrigerator-freezer imports shrank to $X in 2022. The total import value increased at an average annual rate of X% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X%. As a result, imports reached the peak of $X, and then shrank in the following year.

Imports by Country

China (X units), Hungary (X units) and Italy (X units) were the main suppliers of non-combined refrigerator-freezer imports to Sweden, together accounting for X% of total imports. Turkey, Germany, Poland, Denmark, the UK, Finland and South Korea lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-combined refrigerator-freezer suppliers to Sweden were Hungary ($X), Germany ($X) and Italy ($X), together accounting for X% of total imports. Poland, Turkey, China, Denmark, Finland, the UK and South Korea lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-combined refrigerator-freezer import price stood at $X per unit in 2022, growing by X% against the previous year. Over the period under review, the import price, however, recorded a slight decline. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. 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 Finland ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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