Market research

Oxygen market in Sweden

Release date: Mar 29, 2026

Submission: 15 minutes after payment

Research period: 2017-2025

Report language:

Report language:

Submission method: to your account

File format: docx, xlsx

Single Report

$420

Instant access to detailed data on one specific market
Ideal for one-off tasks: niche assessments, presentations, investment decisions
Available in Excel and Word in 15 minutes after purchase
Cheaper than subscription, but each market requires a separate purchase

Best if you know exactly what you need

Buy a single report

Platform Subscription

from$600

Complete and unlimited data access across products and regions
Includes continuous data updates during subscription period
Download reports instantly in Word, and Excel formats
More cost-effective for multiple markets or regular analysis

Ideal for regular data users

View pricing plans

Earlier Report Observations

The Swedish oxygen market experienced a contraction in value between 2018 and 2021, with production declining from 72.5 million USD to 65.9 million USD and market size falling from 70.3 million USD to 63.5 million USD. This represented a drop of approximately 9% in production and 10% in market value over the three-year period.

A sharp recovery occurred by 2023, as production jumped to 94.5 million USD and market size reached 92.9 million USD, marking increases of 43% and 46% respectively compared to 2021 levels. Trade flows also shifted, with imports falling from 1.4 million USD in 2018 to a low of 0.6 million USD in 2022 before rising to 1.1 million USD in 2023, while exports remained relatively steady between 2.7 million USD and 3.6 million USD throughout the period.

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 value
  1. 4.1.1. Production, 2018, 2021, 2023
  2. 4.1.2. Imports, 2018-2024
  3. 4.1.3. Exports, 2018-2024
  4. 4.1.4. Market size, 2018, 2021, 2023
5. Production
1. 5.1. Production in Sweden
  1. 5.1.1. In kind, 2018, 2021, 2023, M m³
  2. 5.1.2. In value, 2018, 2021, 2023, K $ US
2. 5.2. Production in the EU, 2018-2024
  1. 5.2.1. In kind, 2018-2024, M m³
  2. 5.2.2. In value, 2018-2024, K $ US
6. Imports
1. 6.1. Imports (Direct Data)
  1. 6.1.1. Imports - Total information
  2. 6.1.2. Imports in kind, K m³
    1. 6.1.2.1. Annual dynamics of product's imports to Sweden in kind, 2018-2024, K m³
    2. 6.1.2.2. Dynamics of product's imports in kind to Sweden by countries, 2018-2024, K m³
    3. 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.1.3. Imports in value, K $ US
    1. 6.1.3.1. Annual dynamics of product's imports to Sweden in value, 2018-2024, K $ US
    2. 6.1.3.2. Dynamics of product's imports in value to Sweden by countries, 2018-2024, K $ US
    3. 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.1.4. Average price of product's imports, $ US/K m³
    1. 6.1.4.1. Annual dynamics of average price of product's imports to Sweden, 2018-2024, $ US/K m³
    2. 6.1.4.2. Dynamics of average price of product's imports to Sweden by countries, 2018-2024, $ US/K m³
2. 6.2. Imports (Mirror Data)
  1. 6.2.1. Imports - Total information
  2. 6.2.2. Imports in kind, K m³
    1. 6.2.2.1. Annual dynamics of product's imports to Sweden in kind, 2018-2024, K m³
    2. 6.2.2.2. Dynamics of product's imports in kind to Sweden by countries, 2018-2024, K m³
    3. 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
  3. 6.2.3. Imports in value, K $ US
    1. 6.2.3.1. Annual dynamics of product's imports to Sweden in value, 2018-2024, K $ US
    2. 6.2.3.2. Dynamics of product's imports in value to Sweden by countries, 2018-2024, K $ US
    3. 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
  4. 6.2.4. Average price of product's imports, $ US/K m³
    1. 6.2.4.1. Annual dynamics of average price of product's imports to Sweden, 2018-2024, $ US/K m³
    2. 6.2.4.2. Dynamics of average price of product's imports to Sweden by countries, 2018-2024, $ US/K m³
7. Exports
1. 7.1. Exports (Direct Data)
  1. 7.1.1. Exports - Total information
  2. 7.1.2. Exports in kind, K m³
    1. 7.1.2.1. Annual dynamics of product's exports from Sweden in kind, 2018-2024, K m³
    2. 7.1.2.2. Dynamics of product's exports in kind from Sweden by countries, 2018-2024, K m³
    3. 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.1.3. Exports in value, K $ US
    1. 7.1.3.1. Annual dynamics of product's exports from Sweden in value, 2018-2024, K $ US
    2. 7.1.3.2. Dynamics of product's exports in value from Sweden by countries, 2018-2024, K $ US
    3. 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.1.4. Average price of product's exports, $ US/K m³
    1. 7.1.4.1. Annual dynamics of average price of product's exports from Sweden, 2018-2024, $ US/K m³
    2. 7.1.4.2. Dynamics of average price of product's exports from Sweden by countries, 2018-2024, $ US/K m³
2. 7.2. Exports (Mirror Data)
  1. 7.2.1. Exports - Total information
  2. 7.2.2. Exports in kind, K m³
    1. 7.2.2.1. Annual dynamics of product's exports from Sweden in kind, 2018-2024, K m³
    2. 7.2.2.2. Dynamics of product's exports in kind from Sweden by countries, 2018-2024, K m³
    3. 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
  3. 7.2.3. Exports in value, K $ US
    1. 7.2.3.1. Annual dynamics of product's exports from Sweden in value, 2018-2024, K $ US
    2. 7.2.3.2. Dynamics of product's exports in value from Sweden by countries, 2018-2024, K $ US
    3. 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
  4. 7.2.4. Average price of product's exports, $ US/K m³
    1. 7.2.4.1. Annual dynamics of average price of product's exports from Sweden, 2018-2024, $ US/K m³
    2. 7.2.4.2. Dynamics of average price of product's exports from Sweden by countries, 2018-2024, $ US/K m³
8. Trade balance
1. 8.1. Trade balance (Direct Data)
  1. 8.1.1. In kind, K m³
  2. 8.1.2. In value, K $ US
2. 8.2. Trade balance (Mirror Data)
  1. 8.2.1. In kind, K m³
  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 oxygen in Sweden

In value, 2017-2020, K $ US

In 2018, Sweden's oxygen output was valued at 72 477 thousand US dollars, showing minimal change compared to the previous year.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(0.5%)	n/a	n/a	-

Source: SHEV.io

In kind, 2017-2020, M m³

In 2018, Sweden produced 1 086 million cubic meters of oxygen, marking a 2.0% decrease from the prior year.

Annual dynamics of production in Sweden in kind, 2017-2020, M m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	(2.0%)	n/a	n/a	-

Source: SHEV.io

Exports oxygen from Sweden

Exports in kind, K m³

Oxygen exports from Sweden declined for the second consecutive year. In 2020, exports totaled 12 362 thousand cubic meters, which is 21.4% lower than in 2019. Over the period from 2017 to 2020, exports decreased by 23.8%, with a compound annual growth rate of -8.7%. The highest export volume was recorded in 2018 at 18 845 thousand cubic meters, which also saw the largest increase of 16.2%.

Annual dynamics of product's exports from Sweden in kind, 2017-2020, K m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	16.2%	(16.6%)	(21.4%)	(8.7%)

Source: SHEV.io

From 2017 to 2020, the two leading markets for Sweden's oxygen exports in kind were Norway and Denmark, together accounting for 84.9% of the total, while the remaining volume was distributed across a wide range of other countries.

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

After a two-year decline, oxygen exports from Sweden in value terms increased. In 2020, Sweden exported 2 936 thousand US dollars worth of oxygen, representing a slight gain of 1.7% from 2019. Between 2017 and 2020, exports decreased by 28.3%, equating to an annualized rate of -10.5%. The lowest value was recorded in 2019 at 2 887 thousand US dollars, which also experienced the largest decline of 19.7%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	(12.2%)	(19.7%)	1.7%	(10.5%)

Source: SHEV.io

From 2017 to 2020, Norway and Denmark were the dominant destinations for Sweden's oxygen exports in value terms, jointly accounting for 83.7% of total flows, with the remaining volume split among smaller markets.

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 oxygen to Sweden

Imports in kind, K m³

Oxygen imports into Sweden showed noticeable fluctuations during the period. The lowest volume was recorded in 2017, while imports peaked in 2019, with a 4.9-fold difference between these years. In 2020, Sweden imported 1 655 thousand cubic meters of oxygen, which is 39.4% lower than in 2019. The maximum import volume was in 2019 at 2 732 thousand cubic meters, and the largest increase occurred in 2018 at 290.6%.

Annual dynamics of product's imports to Sweden in kind, 2017-2020, K m³

Parameter		2018	2019	2020	CAGR
1	Change from last year	290.6%	24.9%	(39.4%)	43.5%

Source: SHEV.io

From 2017 to 2020, Norway consistently accounted for 79.2% of Sweden's total oxygen imports in kind, indicating a high concentration on this market, while the rest was shared among other countries.

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

Oxygen imports into Sweden in value terms exhibited an unstable trend throughout the timeframe. The lowest value was recorded in 2017, while imports reached their maximum in 2018, with a 2.2-fold gap between these years. In 2020, Sweden imported 765 thousand US dollars worth of oxygen, reflecting a loss of 39.8% compared to 2019. The highest import value was in 2018 at 1 442 thousand US dollars, and the largest increase occurred in 2018 at 119.3%.

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

Parameter		2018	2019	2020	CAGR
1	Change from last year	119.3%	(11.9%)	(39.8%)	5.2%

Source: SHEV.io

From 2017 to 2020, the top suppliers of oxygen to Sweden in value terms were Slovenia (36.7% of imports), Norway (27.3% of imports), and Germany (15.6% of imports), with their combined share reaching 79.7% of total imports.

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