The production value of electronic components in Sweden saw significant fluctuations between 2013 and 2023, peaking in 2016 at 583.2 million Euros before gradually declining. As of 2023, the value stood at 406.1 million Euros. The year-on-year variation for 2023 was a slight decline of 0.27%, marking a continuation of the shrinkage trend observed in recent years. The five-year CAGR shows a modest decrease of 2.22% from 2018 to 2023.
Future forecasts predict a steady decline with the production value expected to drop to 400.7 million Euros by 2028. The anticipated five-year CAGR is -0.21%, indicating a continued but gradual decrease in production value.
Future trends to watch for include potential technological advancements, shifts in global supply chains, and evolving demand for electronic components, which could influence production value in Sweden.
