Earlier Report Observations
Swedish imports of fans rose steadily from 3.7 million units in 2018 to a peak of 6.3 million units in 2023, before falling to 5.3 million units in 2024. Exports also increased over the period, with a sharp rise from 1.7 million units in 2023 to 2.8 million units in 2024.
Domestic production declined from 825 000 units in 2020 to 424 000 units in 2023. Despite this drop, the total physical market volume expanded from 4.1 million units in 2020 to 5.0 million units in 2023, supported by higher import levels.
In value terms, the market size grew from $144.3 million in 2020 to $186.1 million in 2021, then contracted to $169.4 million in 2023, reflecting changes in the market's value composition.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators
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4.1. In kind
- 4.1.1. Production, 2020-2021, 2023
- 4.1.2. Imports, 2018-2024
- 4.1.3. Exports, 2018-2024
- 4.1.4. Market size, 2020-2021, 2023
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4.2. In value
- 4.2.1. Production, 2020-2021, 2023
- 4.2.2. Imports, 2018-2024
- 4.2.3. Exports, 2018-2024
- 4.2.4. Market size, 2020-2021, 2023
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4.1. In kind
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5. Production
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5.1. Production in Sweden
- 5.1.1. In kind, 2020-2021, 2023, K unit
- 5.1.2. In value, 2020-2021, 2023, M $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, K unit
- 5.2.2. In value, 2018-2024, M $ US
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5.1. Production in Sweden
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, K unit
- 6.1.2.1. Annual dynamics of product's exports from Sweden in kind, 2018-2024, K unit
- 6.1.2.2. Dynamics of product's exports in kind from Sweden by countries, 2018-2024, K unit
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, M $ US
- 6.1.3.1. Annual dynamics of product's exports from Sweden in value, 2018-2024, M $ US
- 6.1.3.2. Dynamics of product's exports in value from Sweden by countries, 2018-2024, M $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/unit
- 6.1.4.1. Annual dynamics of average price of product's exports from Sweden, 2018-2024, $ US/unit
- 6.1.4.2. Dynamics of average price of product's exports from Sweden by countries, 2018-2024, $ US/unit
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, K unit
- 6.2.2.1. Annual dynamics of product's exports from Sweden in kind, 2018-2024, K unit
- 6.2.2.2. Dynamics of product's exports in kind from Sweden by countries, 2018-2024, K unit
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, M $ US
- 6.2.3.1. Annual dynamics of product's exports from Sweden in value, 2018-2024, M $ US
- 6.2.3.2. Dynamics of product's exports in value from Sweden by countries, 2018-2024, M $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/unit
- 6.2.4.1. Annual dynamics of average price of product's exports from Sweden, 2018-2024, $ US/unit
- 6.2.4.2. Dynamics of average price of product's exports from Sweden by countries, 2018-2024, $ US/unit
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, K unit
- 7.1.2.1. Annual dynamics of product's imports to Sweden in kind, 2018-2024, K unit
- 7.1.2.2. Dynamics of product's imports in kind to Sweden by countries, 2018-2024, K unit
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, M $ US
- 7.1.3.1. Annual dynamics of product's imports to Sweden in value, 2018-2024, M $ US
- 7.1.3.2. Dynamics of product's imports in value to Sweden by countries, 2018-2024, M $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, $ US/unit
- 7.1.4.1. Annual dynamics of average price of product's imports to Sweden, 2018-2024, $ US/unit
- 7.1.4.2. Dynamics of average price of product's imports to Sweden by countries, 2018-2024, $ US/unit
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, K unit
- 7.2.2.1. Annual dynamics of product's imports to Sweden in kind, 2018-2024, K unit
- 7.2.2.2. Dynamics of product's imports in kind to Sweden by countries, 2018-2024, K unit
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, M $ US
- 7.2.3.1. Annual dynamics of product's imports to Sweden in value, 2018-2024, M $ US
- 7.2.3.2. Dynamics of product's imports in value to Sweden by countries, 2018-2024, M $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, $ US/unit
- 7.2.4.1. Annual dynamics of average price of product's imports to Sweden, 2018-2024, $ US/unit
- 7.2.4.2. Dynamics of average price of product's imports to Sweden by countries, 2018-2024, $ US/unit
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, K unit
- 8.1.2. In value, M $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, K unit
- 8.2.2. In value, M $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production fans 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 | - |
In kind, 2017-2020, K unit
Annual dynamics of production in Sweden in kind, 2017-2020, K unit
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Exports fans from Sweden
Exports in kind, K unit
Sweden's exports of foreign fans have grown for the third year in a row. In 2020, exports reached 1,590 thousand units, representing a 14.1% increase compared to the previous year. Over the period from 2017 to 2020, exports rose by 33.8%, with an average annual growth rate of 10.2%.
Annual dynamics of product's exports from Sweden in kind, 2017-2020, K unit
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 16.6% | 0.5% | 14.1% | 10.2% |
From 2017 to 2020, Sweden's exports of fans in kind were distributed across numerous markets. Norway accounted for 20.3% of these exports, Finland for 12.7%, and Poland for 9.9%, with these three countries together making up only 42.9% of the total export volume.
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, M $ US
Sweden's exports of fans in value terms have increased for the third consecutive year. In 2020, the country exported fans worth 111.7 million US dollars, marking a 10.7% gain over the previous year. Between 2017 and 2020, exports grew by 33%, which translates to an annualized growth rate of 10.0%.
Annual dynamics of product's exports from Sweden in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 10.6% | 8.7% | 10.7% | 10.0% |
Between 2017 and 2020, Sweden's export structure in value terms remained highly diversified. Germany contributed 14.5% of the export value, Norway 13.5%, and Finland 9.7%, with these three countries together accounting for just 37.7% of total exports. The remaining 62.3% came from a wide range of smaller markets.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Sweden in value, 2017-2020
Imports fans to Sweden
Imports in kind, K unit
Sweden's imports of fans in kind have risen for the third year in a row. In 2020, imports totaled 4,894 thousand units, showing a significant 12.2% increase year-over-year. From 2017 to 2020, imports grew by 37.2%, equivalent to an annualized rate of 11.1%.
Annual dynamics of product's imports to Sweden in kind, 2017-2020, K unit
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 4.0% | 17.6% | 12.2% | 11.1% |
From 2017 to 2020, China dominated Sweden's imports of fans in kind, accounting for 51.2% of the total. Germany followed with 20.4%, and Hong Kong with 4.6%, with these three sources together representing 76.2% of all imports in kind.
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, M $ US
Sweden's imports of fans in value terms have increased for the third consecutive year. In 2020, the country imported fans worth 158.9 million US dollars, which is 12.2% more than in 2019. Over the period from 2017 to 2020, imports rose by 22.1%, with a compound annual growth rate of 6.9%.
Annual dynamics of product's imports to Sweden in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 2.4% | 6.3% | 12.2% | 6.9% |
Throughout 2017 to 2020, Germany was the leading source for Sweden's imports of fans in value terms, accounting for 45.9%. China contributed 13.5%, and Finland 4.8%, with these three countries together making up 64.3% of the total import value.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Sweden in value, 2017-2020
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