Price for Navigational Instruments and Appliances; Parts and Accessories in Sweden - 2023

Contents:

1. Price for Navigational Instruments and Appliances; Parts and Accessories in Sweden (FOB) - 2022
2. Price for Navigational Instruments and Appliances; Parts and Accessories in Sweden (CIF) - 2022
3. Exports of Navigational Instruments and Appliances; Parts and Accessories in Sweden
4. Imports of Navigational Instruments and Appliances; Parts and Accessories in Sweden

Price for Navigational Instruments and Appliances; Parts and Accessories in Sweden (FOB) - 2022

The average export price for navigational instruments and appliances; parts and accessorieses stood at $331,641 per ton in 2022, growing by 8.4% against the previous year. Overall, the export price posted temperate growth. The growth pace was the most rapid in 2013 when the average export price increased by 45% against the previous year. Over the period under review, the average export prices reached the peak figure at $403,384 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($905,282 per ton), while the average price for exports to Hong Kong SAR ($129,220 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+16.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Navigational Instruments and Appliances; Parts and Accessories in Sweden (CIF) - 2022

The average import price for navigational instruments and appliances; parts and accessorieses stood at $242,756 per ton in 2022, dropping by -14.6% against the previous year. In general, the import price, however, saw a remarkable increase. The pace of growth appeared the most rapid in 2020 an increase of 66%. The import price peaked at $284,357 per ton in 2021, and then contracted in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($1,298,110 per ton), while the price for Poland ($35,194 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+30.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Navigational Instruments and Appliances; Parts and Accessories in Sweden

In 2022, the amount of navigational instruments and appliances; parts and accessorieses exported from Sweden skyrocketed to 36 tons, with an increase of 16% compared with 2021. The total export volume increased at an average annual rate of +4.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of navigational instruments and appliances; parts and accessorieses surged to $12M in 2022. In general, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 with an increase of 66%. Over the period under review, the exports of attained the peak figure in 2022 and are expected to retain growth in the near future.

Top Export Markets for Navigational Instruments and Appliances; Parts and Accessories from Sweden in 2022:

1. Norway (12.1 tons)
2. Germany (5.4 tons)
3. India (3.6 tons)
4. Japan (2.9 tons)
5. China (1.7 tons)
6. Australia (1.4 tons)
7. Finland (1.0 tons)
8. South Korea (0.9 tons)
9. Denmark (0.8 tons)
10. United States (0.7 tons)
11. United Arab Emirates (0.6 tons)
12. Hong Kong SAR (0.6 tons)
13. Canada (0.2 tons)

Imports of Navigational Instruments and Appliances; Parts and Accessories in Sweden

For the third year in a row, Sweden recorded decline in supplies from abroad of navigational instruments and appliances; parts and accessorieses, which decreased by -8.9% to 19 tons in 2022. In general, imports recorded a precipitous contraction.

In value terms, imports of navigational instruments and appliances; parts and accessorieses declined remarkably to $4.5M in 2022. Over the period under review, imports saw a drastic downturn. The growth pace was the most rapid in 2020 with an increase of 5.3%. As a result, imports reached the peak of $6.1M. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Navigational Instruments and Appliances; Parts and Accessories to Sweden in 2022:

1. Poland (6.7 tons)
2. Denmark (2.3 tons)
3. Malta (2.0 tons)
4. Netherlands (1.8 tons)
5. Canada (1.2 tons)
6. Belgium (1.1 tons)
7. France (0.8 tons)
8. United States (0.7 tons)
9. Japan (0.6 tons)
10. Norway (0.6 tons)
11. United Kingdom (0.3 tons)
12. Germany (0.1 tons)

Source: IndexBox Market Intelligence Platform