The export of generators and alternators from Sweden in 2023 stood at 13.76 million USD. The forecasted values indicate a slight year-on-year decline in exports from 2024 to 2028. Specifically, the expected annual variation in percentage terms shows decreases as follows: -1.15% from 2024 to 2025, -1.15% from 2025 to 2026, -1.14% from 2026 to 2027, and -1.12% from 2027 to 2028. The cumulative annual growth rate (CAGR) over the five-year period from 2023 to 2028 stands at -1.17%.
Trends to watch for in the future:
- Global economic conditions and their impact on industrial production.
- Technological advancements in generator and alternator efficiency.
- Policy changes affecting export regulations and trade agreements.
