The import of photosensitive, photovoltaic, and LED semiconductor devices to Sweden exhibited significant fluctuations from 2013 to 2023. The year-on-year variation highlights periods of high growth, such as in 2018 with a surge of 192.69%, followed by declines, notably in 2020 with a -11.1% decrease. By 2023, imports stood at 11.129 million kilograms, demonstrating modest growth of 5.54% from the previous year. The compound annual growth rate (CAGR) over the last five years reaches 2.14%, reflecting a slower yet positive long-term trend.
Future trends indicate a continued growth trajectory with an anticipated CAGR of 3.79% from 2024 to 2028, suggesting Sweden's increasing demand for advanced semiconductor technologies. Key trends to watch for include advancements in renewable energy technology, the rise of smart home devices, and innovations in electric vehicles, all of which will likely drive higher semiconductor imports.
