Reciprocating or rotary internal combustion piston engines market in Sweden

Earlier Report Observations

From 2018 to 2024, the Swedish market for reciprocating or rotary internal combustion piston engines for aircraft contracted in physical volume, with market size falling from 583.3 thousand units in 2020 to 507.7 thousand units in 2022. In value terms, the market displayed significant volatility, reaching USD 1.8 billion in 2021 before declining to USD 1.5 billion in 2022, while production and trade flows shifted considerably.

Starting in 2020, the market was influenced by global production trends and geopolitical factors, which introduced price volatility and affected international trade partnerships. These external dynamics contributed to the fluctuations in market value and the overall reduction in market volume over the subsequent years.

By 2024, strategic trade partnerships continued to shape Sweden's import and export activities for aircraft engines, against a backdrop of ongoing price instability in the global market.

Production reciprocating or rotary internal combustion piston engines in Sweden

In value, 2017-2020, M $ US

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

In kind, 2017-2020, K unit

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

Exports reciprocating or rotary internal combustion piston engines from Sweden

Exports in kind, K unit

In 2020, Sweden's exports of reciprocating or rotary internal combustion piston engines reached 185.9 thousand units, representing a modest decline of 7.1% compared to 2019. Over the period from 2017 to 2020, exports decreased by 22.1%, with an average annual decline of 8.0%. The largest drop occurred in 2018, at 20.2%, while the highest increase was recorded in 2019, at 5.1%.

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

Between 2017 and 2020, the two leading markets for Sweden's exports in kind were Belgium and China, which together accounted for 83.4% of total exports. The remaining volume was distributed across a wide range of other countries.

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

In 2020, Sweden's exports of reciprocating or rotary internal combustion piston engines amounted to 444.9 million US dollars, indicating a solid year-on-year decline of 10.8%. From 2017 to 2020, exports decreased by 17.5%, equating to an average annual decline of 6.2%. The largest decline was recorded in 2018, at 16.3%, while the highest increase occurred in 2019, at 10.5%.

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

Between 2017 and 2020, Belgium and China remained the key destinations for Sweden's exports in value terms, jointly accounting for 85.7% of total flows. Other partners were individually much less significant.

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

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

Imports reciprocating or rotary internal combustion piston engines to Sweden

Imports in kind, K unit

Sweden's imports of reciprocating or rotary internal combustion piston engines declined for the third consecutive year. In 2020, imports reached 70.5 thousand units, marking a slight fall of 1.7% relative to the prior year. Between 2017 and 2020, imports decreased by 37.3%, equating to an average annual decline of 14.4%.

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

From 2017 to 2020, the main cluster of markets for Sweden's imports in kind consisted of China, with 54.1% of imports, India, with 8.9%, and Belgium, with 8.5%. Together, these three countries accounted for 71.4% of total import flows.

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

After a two-year contraction, Sweden's imports of reciprocating or rotary internal combustion piston engines increased in 2020. The country imported 77.4 million US dollars worth of these engines, marking a modest gain of 8.1% compared to 2019. Between 2017 and 2020, imports decreased by 7.6%, equating to an average annual decline of 2.6%. The minimum value was recorded in 2019, at 71.6 million US dollars, which also saw the largest decline of 8.2%.

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

Between 2017 and 2020, Germany, the United States, and Belgium remained the principal suppliers of reciprocating or rotary internal combustion piston engines to Sweden in value terms. Germany accounted for 28.7% of imports, the United States for 19.5%, and Belgium for 18.8%, jointly representing 67.0% of total imports.

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

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