Market research

Electric storage heating radiators market in Sweden

Release date: Mar 30, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

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File format: docx, xlsx

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Earlier Report Observations

Between 2018 and 2020, imports of electric storage heating radiators into Sweden declined from 99 660 units to 79 295 units, while domestic production reached 19 449 units in 2020. The overall market volume stood at 82 947 units in 2020, with exports accounting for 15 797 units that year.

The market contracted sharply to 51 219 units by 2022, a drop of over 37% from the 2020 level. This decline was driven in part by soaring electricity prices across Europe in 2022, resulting from geopolitical tensions and supply chain disruptions, which reduced the cost‑competitiveness of electric heating. Domestic production fell further to just 4 183 units in 2022, and exports also retreated after a peak in 2021.

Imports fell to a low of 20 144 units in 2023 before a modest recovery to 28 293 units in 2024. Throughout the period, EU and Swedish climate policy promoting electrification of heating, together with technological advances in smart, energy‑efficient radiators, continued to influence market dynamics and consumer preferences.

Table of content

1. Disclaimer
2. Terms of use of the report
3. Product codes in the statistical classifications used in the report
4. Key Market Indicators
1. 4.1. In kind
  1. 4.1.1. Production, 2020-2022
  2. 4.1.2. Imports, 2018-2024
  3. 4.1.3. Exports, 2018-2024
  4. 4.1.4. Market size, 2020-2022
2. 4.2. In value
  1. 4.2.1. Production, 2020-2022
  2. 4.2.2. Imports, 2018-2024
  3. 4.2.3. Exports, 2018-2024
  4. 4.2.4. Market size, 2020-2022
5. Production
1. 5.1. Production in Sweden
  1. 5.1.1. In kind, 2020-2022, unit
  2. 5.1.2. In value, 2020-2022, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, unit
  2. 5.2.2. In value, 2018-2024, K $ US
6. Exports
1. 6.1. Exports (Direct Data)
  1. 6.1.1. Exports - Total information
  2. 6.1.2. Exports in kind, unit
    1. 6.1.2.1. Annual dynamics of product's exports from Sweden in kind, 2018-2024, unit
    2. 6.1.2.2. Dynamics of product's exports in kind from Sweden by countries, 2018-2024, unit
    3. 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.1.3. Exports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's exports from Sweden in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's exports in value from Sweden by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's exports, $ US/unit
    1. 6.1.4.1. Annual dynamics of average price of product's exports from Sweden, 2018-2024, $ US/unit
    2. 6.1.4.2. Dynamics of average price of product's exports from Sweden by countries, 2018-2024, $ US/unit
2. 6.2. Exports (Mirror Data)
  1. 6.2.1. Exports - Total information
  2. 6.2.2. Exports in kind, unit
    1. 6.2.2.1. Annual dynamics of product's exports from Sweden in kind, 2018-2024, unit
    2. 6.2.2.2. Dynamics of product's exports in kind from Sweden by countries, 2018-2024, unit
    3. 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 6.2.3. Exports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's exports from Sweden in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's exports in value from Sweden by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's exports, $ US/unit
    1. 6.2.4.1. Annual dynamics of average price of product's exports from Sweden, 2018-2024, $ US/unit
    2. 6.2.4.2. Dynamics of average price of product's exports from Sweden by countries, 2018-2024, $ US/unit
7. Imports
1. 7.1. Imports (Direct Data)
  1. 7.1.1. Imports - Total information
  2. 7.1.2. Imports in kind, unit
    1. 7.1.2.1. Annual dynamics of product's imports to Sweden in kind, 2018-2024, unit
    2. 7.1.2.2. Dynamics of product's imports in kind to Sweden by countries, 2018-2024, unit
    3. 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.1.3. Imports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's imports to Sweden in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's imports in value to Sweden by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's imports, $ US/unit
    1. 7.1.4.1. Annual dynamics of average price of product's imports to Sweden, 2018-2024, $ US/unit
    2. 7.1.4.2. Dynamics of average price of product's imports to Sweden by countries, 2018-2024, $ US/unit
2. 7.2. Imports (Mirror Data)
  1. 7.2.1. Imports - Total information
  2. 7.2.2. Imports in kind, unit
    1. 7.2.2.1. Annual dynamics of product's imports to Sweden in kind, 2018-2024, unit
    2. 7.2.2.2. Dynamics of product's imports in kind to Sweden by countries, 2018-2024, unit
    3. 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 7.2.3. Imports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's imports to Sweden in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's imports in value to Sweden by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's imports, $ US/unit
    1. 7.2.4.1. Annual dynamics of average price of product's imports to Sweden, 2018-2024, $ US/unit
    2. 7.2.4.2. Dynamics of average price of product's imports to Sweden by countries, 2018-2024, $ US/unit
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, unit
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, unit
  2. 8.2.2. In value, K $ US
9. Top buying and selling countries, 2018-2024
1. 9.1. Direct Data
  1. 9.1.1. Import in Value by Countries-buyers
  2. 9.1.2. Export in Value by Countries-suppliers
2. 9.2. Mirror Data
  1. 9.2.1. Import in Value by Countries-buyers
  2. 9.2.2. Export in Value by Countries-suppliers

Production electric storage heating radiators in Sweden

In value, 2017-2020, K $ US

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

In kind, 2017-2020, unit

Annual dynamics of production in Sweden in kind, 2017-2020, unit

Parameter		2018	2019	2020	CAGR
1	Change from last year	n/a	n/a	n/a	-

Source: SHEV.io

Exports electric storage heating radiators from Sweden

Exports in kind, unit

Sweden's exports of electric storage heating radiators declined after two years of growth. In 2019, exports reached their peak at 17 713 units, but by 2020 they had fallen to 15 797 units, marking a 10.8% decrease from the previous year. Over the entire 2017-2020 period, exports grew by 61.8%, with an average annual growth rate of 17.4%. The most significant increase occurred in 2019, when exports surged by 42.0%.

Annual dynamics of product's exports from Sweden in kind, 2017-2020, unit

Parameter		2018	2019	2020	CAGR
1	Change from last year	27.7%	42.0%	(10.8%)	17.4%

Source: SHEV.io

From 2017 to 2020, Denmark, Norway, and Finland were the primary destinations for Sweden's electric storage heating radiators exports in volume terms. Denmark accounted for 37.2% of exports, Norway for 29.0%, and Finland for 22.1%. Together, these three countries represented 88.4% of total exports during this period.

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

Source: SHEV.io

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

Source: SHEV.io

Exports in value, K $ US

Sweden's export value of electric storage heating radiators dropped after two years of increases. In 2019, exports peaked at 1 018 thousand US dollars, but in 2020 they fell to 991 thousand US dollars, a slight decline of 2.7% year-over-year. Over the 2017-2020 span, export value rose by 151.7%, with an average annual growth rate of 36.0%. The largest increase was in 2018, when export value jumped by 69.5%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	69.5%	52.5%	(2.7%)	36.0%

Source: SHEV.io

Between 2017 and 2020, Norway, Denmark, and Finland dominated Sweden's export value for electric storage heating radiators. Norway contributed 32.6% of the total export value, Denmark 30.1%, and Finland 18.7%. Collectively, these three countries made up 81.4% of all export flows in value terms.

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

Source: SHEV.io

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

Source: SHEV.io

Imports electric storage heating radiators to Sweden

Imports in kind, unit

Sweden's imports of electric storage heating radiators in volume terms showed notable fluctuations from 2017 to 2020. Imports were at their lowest in 2017, then peaked in 2018 at 99 660 units, creating a 1.9-fold difference between these years. In 2020, imports stood at 79 295 units, down 6.7% from 2019. The largest increase occurred in 2018, with an 86.3% rise, while the steepest decline was in 2019, with a 14.7% drop.

Annual dynamics of product's imports to Sweden in kind, 2017-2020, unit

Parameter		2018	2019	2020	CAGR
1	Change from last year	86.3%	(14.7%)	(6.7%)	14.0%

Source: SHEV.io

From 2017 to 2020, China, Italy, and Turkey were the main sources of Sweden's electric storage heating radiators imports in volume terms. China supplied 34.9% of imports, Italy 33.3%, and Turkey 18.8%. Together, these three countries accounted for 87.0% of total imports during this period.

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

Source: SHEV.io

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

Source: SHEV.io

Imports in value, K $ US

Sweden's import value of electric storage heating radiators fell for the second year in a row. In 2020, imports totaled 1 586 thousand US dollars, a sharp decrease of 26.4% compared to the previous year. Over the 2017-2020 period, import value declined by 32.2%, equivalent to an average annual drop of 12.2%. The highest value was recorded in 2018 at 2 887 thousand US dollars, with the largest increase that year at 23.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	23.3%	(25.3%)	(26.4%)	(12.2%)

Source: SHEV.io

During 2017-2020, Turkey, China, and Estonia led Sweden's import value structure for electric storage heating radiators. Turkey represented 36.3% of import value, China 28.1%, and Estonia 17.5%. Combined, these three countries made up 81.9% of total import flows in value terms.

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

Source: SHEV.io

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

Source: SHEV.io