Aerials and reflectors market in Sweden

Earlier Report Observations

The market size for aerials and aerial reflectors in Sweden, measured in value terms, rose sharply from 41 819 thousand USD in 2020 to 75 211 thousand USD in 2021 and further to 93 616 thousand USD in 2022. This growth phase represented a more than doubling of the market over two years.

Underlying this expansion, imports of aerials and reflectors increased substantially from 42 913 thousand USD in 2020 to 77 202 thousand USD in 2022, after a dip in 2019. Domestic production also grew from 50 728 thousand USD in 2020 to 60 563 thousand USD in 2021 before easing to 58 433 thousand USD in 2022. Exports, meanwhile, declined from 51 822 thousand USD in 2020 to 42 019 thousand USD in 2022, contributing to the larger domestic market size.

Looking at the full period from 2018 to 2024, import values showed volatility with a peak in 2022, while exports gradually recovered after 2022. The available data indicates a significant shift in trade balances and market composition during these years.

Production aerials and reflectors in Sweden

In value, 2017-2020, K $ US

Annual dynamics of production in Sweden in value, 2017-2020, K $ US

Exports aerials and reflectors from Sweden

Exports in kind, t

The data shows irregular changes, pointing to a volatile market environment. Export volumes hit their lowest point in 2017, then peaked in 2018, with the peak being three times higher than the trough. In 2020, Sweden's exports of aerials and reflectors totaled 345 tonnes, marking a 4.0% decrease from the previous year. The highest volume was recorded in 2018 at 837 tonnes. The largest decline occurred in 2019, with a drop of 57.1%, while the biggest increase was in 2018, at 198.6%.

Annual dynamics of product's exports from Sweden in kind, 2017-2020, t

From 2017 to 2020, Sweden's exports in kind were spread across many countries. Norway accounted for 22.4% of exports, Finland for 13.4%, and Denmark for 12.1%, together making up 47.9% of total flows. The remaining 52.1% was distributed among a wide range of other destinations.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Sweden in kind, 2017-2020

Exports in value, K $ US

In 2020, Sweden's exports of aerials and reflectors in value terms reached 51 822 thousand US dollars, up 3.7% year-on-year. Between 2017 and 2020, exports grew by 14%, averaging an annualized rate of 4.5%. The largest decline was in 2019, at 0.9%, while the biggest increase was in 2018, at 11.0%.

Annual dynamics of product's exports from Sweden in value, 2017-2020, K $ US

From 2017 to 2020, Sweden supplied aerials and reflectors to numerous markets. Even the top destinations—the United States, the Netherlands, and Germany—combined represented only 30.3% of total exports in value terms.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Sweden in value, 2017-2020

Imports aerials and reflectors to Sweden

Imports in kind, t

In 2020, Sweden imported 973 tonnes of aerials and reflectors, a slight increase of 1.8% from the previous year. Over the period 2017-2020, imports fell by 27.2%, with a compound annual growth rate of -10.0%. The lowest volume was in 2019 at 955 tonnes, while the highest was in 2018 at 1 505 tonnes. The largest decline occurred in 2019, dropping 36.5%, and the biggest increase was in 2018, at 12.6%.

Annual dynamics of product's imports to Sweden in kind, 2017-2020, t

From 2017 to 2020, Denmark was the largest supplier of aerials and reflectors to Sweden in kind, accounting for 24.5% of imports, followed by Germany at 10.2% and the Netherlands at 9.9%. Together, these three countries made up 44.7% of total imports, indicating a broadly diversified partner base.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Sweden in kind, 2017-2020

Imports in value, K $ US

In 2020, Sweden's imports of aerials and reflectors in value terms amounted to 42 913 thousand US dollars, rising 6.1% from a year earlier. Between 2017 and 2020, imports increased by 16.2%, averaging an annualized rate of 5.1%. The highest value was recorded in 2018 at 46 838 thousand US dollars. The largest decline was in 2019, at 13.7%, while the biggest increase was in 2018, at 26.9%.

Annual dynamics of product's imports to Sweden in value, 2017-2020, K $ US

The structure of Sweden's imports in value terms from 2017 to 2020 was diversified. Germany accounted for 15.4% of imports, Portugal for 11.5%, and the United States for 10.3%, together totaling 37.2% of total flows, with no single country holding a clearly dominant position.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Sweden in value, 2017-2020