Signalling, safety or traffic control equipment for railways or tramways excluding railway signalling of heading 8608 market in Sweden

Earlier Report Observations

The Swedish market for railway signalling and safety equipment expanded significantly from 2020 to 2023, with its value more than doubling from $51.8 million to $107.8 million. This growth accelerated sharply in 2022 and 2023. The Russian invasion of Ukraine in 2022 caused global supply chain disruptions and energy price spikes, which increased production costs and contributed to rising market values during this period.

Domestic production followed a volatile path, falling in 2021 before recovering to reach $112.9 million in 2023. The market's expansion was also supported by changing trade patterns, including higher imports and lower export levels after 2020, which increased the availability of equipment domestically.

Production railway and tramway signalling equipment in Sweden

In value, 2017-2020, K $ US

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

Exports railway and tramway signalling equipment from Sweden

Exports in kind, t

The data shows irregular fluctuations, pointing to a volatile market environment. Exports reached their lowest point in 2019 at 47.9 tonnes, then peaked in 2017 with a 2.6-fold difference between these years. In 2020, Sweden exported 82.7 tonnes of signalling, safety, or traffic control equipment for railways or tramways (excluding railway signalling of heading 8608), marking a significant 72.8% increase compared to the previous year. The largest decline occurred in 2019, with a drop of 49.2%.

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

From 2017 to 2020, Sweden's exports of signalling, safety, or traffic control equipment for railways or tramways (excluding railway signalling of heading 8608) were distributed across a wide range of partner countries. Pakistan accounted for 10.6% of exports in kind, Latvia for 8.6%, and the United States for 8.4%, with these three countries together representing just 27.6% of total 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, K $ US

The market displayed an unstable trend over the period. Exports hit their lowest point in 2019 at 9 445 thousand US dollars, then reached a high in 2020 with a 2.7-fold difference between these years. In 2020, Sweden's cross-border shipments of signalling, safety, or traffic control equipment for railways or tramways (excluding railway signalling of heading 8608) totaled 25 223 thousand US dollars, reflecting a dramatic 167.1% year-over-year increase. The largest decline was recorded in 2018, with a decrease of 22.5%.

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

Between 2017 and 2020, the partner landscape for exports in value terms was diverse. Tanzania contributed 27.5% of exports in value terms, China 11.7%, and Finland 6.2%, with these three countries together forming only 45.4% of total flows. A substantial 54.6% was supplied to or from many other countries.

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

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

Imports railway and tramway signalling equipment to Sweden

Imports in kind, t

Sweden's imports of signalling, safety, or traffic control equipment for railways or tramways (excluding railway signalling of heading 8608) increased for the second consecutive year. In 2020, imports were recorded at 52.7 tonnes, indicating a 21.7% year-over-year advance. Between 2017 and 2020, imports grew by 30.7%, equating to an annualized rate of 9.3%. The minimum value was recorded in 2018 at 35.0 tonnes. The largest decline occurred in 2018 with a drop of 13.2%, while the largest increase was in 2019 with a rise of 23.6%.

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

From 2017 to 2020, Denmark, Germany, and Hungary formed the main cluster of markets for imports in kind of signalling, safety, or traffic control equipment for railways or tramways (excluding railway signalling of heading 8608). Denmark accounted for 47.8% of imports in kind, Germany for 17.5%, and Hungary for 14.0%, with a combined share of 79.3% of total 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, K $ US

After a two-year decrease, Sweden's imports of signalling, safety, or traffic control equipment for railways or tramways (excluding railway signalling of heading 8608) increased. In 2020, Sweden imported a total of value_last_year thousand US dollars of this equipment, indicating a steep 41.8% rise compared to 2019. Between 2017 and 2020, imports grew by 28.9%, equating to an annualized rate of 8.8%. The minimum value was recorded in 2019 at 3 533 thousand US dollars. The largest decline occurred in 2019 with a decrease of 8.6%.

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

Throughout 2017 to 2020, Denmark, Germany, and Hungary formed the core group of markets for imports in value terms of signalling, safety, or traffic control equipment for railways or tramways (excluding railway signalling of heading 8608). Denmark accounted for 48.9% of imports in value terms, Germany for 15.9%, and Hungary for 14.3%, together representing 79.1% of total flows.

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

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