Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Sweden - 2024

Contents:

  1. Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Sweden (CIF) - 2022
  2. Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Sweden (FOB) - 2022
  3. Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Sweden
  4. Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Sweden

Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Sweden (CIF) - 2022

The average import price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $0.1 per unit in 2022, picking up by 1.6% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average import price increased by 9.9%. Over the period under review, average import prices hit record highs at $0.1 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

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 Denmark ($0.2 per unit), while the price for Hungary (less than $0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Sweden (FOB) - 2022

The average export price for electrical circuit prefabricated elements, connectors, contact elements and other equipment stood at $0.1 per unit in 2022, declining by -3.6% against the previous year. In general, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 19%. The export price peaked at $0.1 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($0.2 per unit), while the average price for exports to Norway ($0.1 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Sweden

In 2022, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment into Sweden rose markedly to 3.3B units, picking up by 6.6% against the year before. The total import volume increased at an average annual rate of +11.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 30%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of electrical circuit prefabricated elements, connectors, contact elements and other equipment rose significantly to $326M in 2022. Overall, total imports indicated strong growth from 2019 to 2022: its value increased at an average annual rate of +14.8% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +54.5% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 43%. Imports peaked in 2022 and are expected to retain growth in years to come.

Import of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany63.561.986.690.212.4%
France25.125.533.334.811.5%
China15.517.829.028.622.7%
Netherlands12.710.716.420.316.9%
Italy12.911.916.019.414.6%
Finland6.26.89.512.927.7%
Denmark6.46.39.311.320.9%
Norway5.06.06.810.427.7%
Czech Republic6.75.37.57.53.8%
Belgium5.45.07.75.93.0%
Hungary5.03.85.65.95.7%
Turkey1.01.82.95.879.7%
Lithuania5.33.65.24.0-9.0%
Others44.744.765.068.715.4%
Total21521130132614.9%

Top Suppliers of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment to Sweden in 2022:

  1. Germany (766.2M units)
  2. France (401.4M units)
  3. China (353.1M units)
  4. Italy (257.6M units)
  5. Hungary (191.5M units)
  6. Netherlands (160.3M units)
  7. Finland (157.5M units)
  8. Turkey (117.4M units)
  9. Belgium (111.7M units)
  10. Norway (104.9M units)
  11. Lithuania (104.1M units)
  12. Czech Republic (82.0M units)
  13. Denmark (74.1M units)

Exports of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Sweden

In 2022, the amount of electrical circuit prefabricated elements, connectors, contact elements and other equipment exported from Sweden expanded rapidly to 1.4B units, increasing by 15% against the previous year's figure. The total export volume increased at an average annual rate of +3.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of electrical circuit prefabricated elements, connectors, contact elements and other equipment expanded markedly to $170M in 2022. In general, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +13.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +45.6% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 22%. The exports peaked in 2022 and are likely to continue growth in years to come.

Export of Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway17.018.123.125.714.8%
Finland14.715.315.919.49.7%
Germany7.58.415.316.329.5%
Denmark11.914.819.615.59.2%
United States6.27.79.012.225.3%
Poland4.75.87.39.526.4%
China7.89.59.27.80.0%
Netherlands1.91.94.65.744.2%
Estonia4.54.84.25.46.3%
Italy2.32.23.55.029.5%
France1.41.32.64.547.6%
Lithuania2.72.22.42.92.4%
Brazil1.81.62.02.38.5%
Others32.131.935.137.55.3%
Total11712615417013.3%

Top Export Markets for Electrical Circuit Prefabricated Elements, Connectors, Contact Elements and Other Equipment from Sweden in 2022:

  1. Norway (342.7M units)
  2. Finland (204.0M units)
  3. Denmark (150.8M units)
  4. Germany (130.9M units)
  5. Poland (80.3M units)
  6. China (71.5M units)
  7. United States (67.4M units)
  8. Italy (35.0M units)
  9. Netherlands (32.4M units)
  10. Lithuania (32.2M units)
  11. Estonia (27.9M units)
  12. France (26.0M units)
  13. Brazil (22.5M units)

Source: IndexBox Market Intelligence Platform

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