Sweden: Market for Vacuum Cleaners With Motor 2022

Market Size for Vacuum Cleaners With Motor in Sweden

The Swedish vacuum cleaner with motor market surged to $X in 2021, increasing by 65% against the previous year. Overall, consumption continues to indicate a resilient expansion. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Vacuum Cleaners With Motor in Sweden

In value terms, vacuum cleaner with motor production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production continues to indicate a resilient increase. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2021, production failed to regain momentum.

Exports of Vacuum Cleaners With Motor

Exports from Sweden

In 2021, approx. X tons of vacuum cleaners with motor were exported from Sweden; increasing by 20% on the year before. Overall, exports saw a resilient increase. The most prominent rate of growth was recorded in 2020 when exports increased by 24% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, vacuum cleaner with motor exports surged to $X in 2021. Over the period under review, exports saw a strong expansion. The pace of growth appeared the most rapid in 2020 when exports increased by 49% against the previous year. Over the period under review, the exports attained the peak figure in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Norway (X tons), Denmark (X tons) and Finland (X tons) were the main destinations of vacuum cleaner with motor exports from Sweden, with a combined 89% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of +11.8%), while the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Denmark ($X) and Finland ($X) were the largest markets for vacuum cleaner with motor exported from Sweden worldwide, together comprising 94% of total exports.

Among the main countries of destination, Denmark, with a CAGR of +22.7%, 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

The average vacuum cleaner with motor export price stood at $X per ton in 2021, growing by 9% against the previous year. In general, the export price enjoyed a remarkable increase. The pace of growth was the most pronounced in 2020 an increase of 20% against the previous year. Over the period under review, the average export prices hit record highs in 2021 and is likely to continue growth in the immediate term.

Average prices varied noticeably for the major overseas markets. In 2021, the country with the highest price was Norway ($X per ton), while the average price for exports to Finland ($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 Finland (+12.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Vacuum Cleaners With Motor

Imports into Sweden

In 2021, the amount of vacuum cleaners with motor imported into Sweden skyrocketed to X tons, rising by 22% on 2020. In general, total imports indicated a strong increase from 2012 to 2021: its volume increased at an average annual rate of +5.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +51.2% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 24% against the previous year. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, vacuum cleaner with motor imports skyrocketed to $X in 2021. Over the period under review, imports showed a prominent expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest vacuum cleaner with motor supplier to Sweden, accounting for a 46% share of total imports. Moreover, vacuum cleaner with motor imports from China exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The third position in this ranking was held by Denmark (X tons), with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China amounted to +14.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+7.0% per year) and Denmark (+4.3% per year).

In value terms, China ($X), Germany ($X) and Denmark ($X) constituted the largest vacuum cleaner with motor suppliers to Sweden, with a combined 80% share of total imports. The Netherlands, Poland, Hong Kong SAR, Lithuania and Hungary lagged somewhat behind, together comprising a further 12%.

The Netherlands, with a CAGR of +41.9%, 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

In 2021, the average vacuum cleaner with motor import price amounted to $X per ton, surging by 15% against the previous year. Overall, the import price posted a resilient expansion. The most prominent rate of growth was recorded in 2018 an increase of 25% against the previous year. Over the period under review, average import prices reached the maximum in 2021 and is likely to see gradual growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+27.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Kaynak: IndexBox Platformu

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