Forecast: Import of Taps, Cocks, Valves for Pipes, Tanks, Boilers to Sweden

The import of taps, cocks, and valves for pipes, tanks, and boilers to Sweden stood at 886.59 million USD in 2023. The imports have shown a general increasing trend from 2013, despite some fluctuations. Notable yearly variations include a decline in 2020 by 15.43% and a significant rise by 22.67% in 2021. Over the last two years, the import value increased by approximately 1.69% per year on average. The average variation over the last five years yields a CAGR of 1.44%. The forecast suggests a continuous growth trend, reaching up to 963.43 million USD by 2028, with a forecasted five-year average CAGR of 1.31%, highlighting a steady growth trajectory.

Future trends to watch for include potential impacts of global supply chain disruptions, advancements in valve technology, and shifts in regulatory standards that could impact import volumes and values. Additionally, economic factors impacting industrial demand and environmental policies promoting sustainability might influence future import dynamics.