Radar apparatus market in Sweden

Earlier Report Observations

The radar apparatus market in Sweden was valued at 480.4 million USD in 2018, the same year the Swedish Parliament adopted changes to the Electronic Communications Act and the Radio Equipment Act to align national legislation with EU regulations, affecting the regulation of radar devices. Market volume then declined to 408.5 million USD in 2019 before edging up to 412.6 million USD in 2020.

A significant expansion occurred in 2021, with the market reaching 607.8 million USD. The following year, however, saw a contraction to 502.1 million USD. In 2022, the government appointed a special investigator to review the Signals Intelligence Act, creating regulatory uncertainty that may have temporarily slowed defense sector procurement. Simultaneously, several important legislative amendments affecting security and surveillance came into force around mid-year.

Market volume recovered to 538.8 million USD in 2023, supported by the ongoing modernization of signals intelligence legislation and strong growth in radar-related IT services, as evidenced by Radar Group's expanding operations. In 2024, the final report on signals intelligence law and the implementation of the EU's Foreign Subsidies Regulation introduced new rules for defense procurement and market access.

Production radar apparatus in Sweden

In value, 2017-2020, M $ US

Sweden's radar apparatus production increased in 2020 after two consecutive years of decline. Output was valued at 464.5 million US dollars, representing a 3.6% year-over-year growth. However, over the broader 2017-2020 period, production fell by 18.8%, with a compound annual growth rate of -6.7%. The lowest production value was recorded in 2019 at 448.6 million US dollars, which also saw the largest annual decline of 16.7%.

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

Exports radar apparatus from Sweden

Exports in kind, t

Sweden's radar apparatus exports declined for the second consecutive year in 2020, reaching 298.2 tons. This marked a 9.9% decrease compared to 2019. Over the 2017-2020 period, exports fell by 26.1%, with a compound annual growth rate of -9.6%. The highest export volume was recorded in 2018 at 403.4 tons, which also experienced the largest annual decline of 17.9% in the following year. The largest increase occurred in 2018, though it was negligible at 0.0%.

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

From 2017 to 2020, Germany, the United States, and Spain remained the primary markets for Sweden's radar apparatus exports by volume. Germany accounted for 69.3% of exports, followed by the United States at 7.1% and Spain at 4.8%. Together, these three countries represented 81.2% of total export flows.

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 radar apparatus exports by value declined for the third consecutive year in 2020, totaling 164.4 million US dollars. This represented a moderate loss of 9.4% compared to 2019. Between 2017 and 2020, exports decreased by 32.2%, equating to an annualized rate of -12.1%.

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

During the 2017-2020 period, Germany, the United States, and the United Kingdom were the main destinations for Sweden's radar apparatus exports by value. Germany accounted for 64.5% of exports, the United States for 13.2%, and the United Kingdom for 7.6%. Collectively, these three markets represented 85.3% of total export value.

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

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

Imports radar apparatus to Sweden

Imports in kind, t

Sweden's radar apparatus imports by volume showed noticeable fluctuations from 2017 to 2020. The lowest point was in 2017, followed by a peak in 2018, with a 1.9-fold difference between these years. In 2020, imports totaled 292.3 tons, down 10.9% year-over-year. The maximum volume was recorded in 2018 at 352.0 tons, which also saw the largest annual increase of 93.4%.

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

From 2017 to 2020, Singapore and Canada were the dominant suppliers of radar apparatus to Sweden by volume, together accounting for 80.2% of total imports. Other partners contributed to the remaining share.

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 radar apparatus imports by value exhibited irregular changes from 2017 to 2020, indicating a volatile market. The period saw a trough in 2017 and a peak in 2018, with a 1.8-fold gap between these years. In 2020, imports amounted to 112.5 million US dollars, a decrease of 20.4% from 2019. The highest value was recorded in 2018 at 159.7 million US dollars, which also experienced the largest annual increase of 78.5%.

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

Between 2017 and 2020, Singapore and Canada played the leading roles in Sweden's radar apparatus imports by value, together accounting for 80.6% of total flows. The remainder was distributed among other destinations.

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

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