Key Market Indicators
Swedish transformer imports are expected to reach almost $935 million by 2026, according to a year-on-year compound annual growth rate of 1.5% since 2021. Since 1997, Swedish demand has increased by 3.6% year on year. The UAE overtook Sweden as number 26 in 2021, with $857.9 million. China, Germany, and Mexico followed as numbers 2, 3, and 4 respectively. Meanwhile, Swedish transformer exports are projected to reach $1.38 billion by 2026, with a year-on-year average rate of 1.5% since 2021. Since 1997, Swedish supply has risen by 5.9% year on year. The UK overtook Sweden as number 17 in 2021, with $1.26 billion. Germany, the US, and Japan followed as numbers 2, 3, and 4 respectively.
