Forecast: Import of Parts for Electric Motors and Generators to Sweden

In 2023, Sweden imported parts for electric motors and generators worth USD 106.89 million. Looking at the forecasted data from 2024 to 2028, the trend shows a gradual decrease in imports, starting at USD 104.41 million in 2024 and reaching USD 95.634 million by 2028.

Year-on-year variations indicate a decline:

  • 2024: -2.31%
  • 2025: -2.17%
  • 2026: -2.17%
  • 2027: -2.17%
  • 2028: -2.18%
The Compound Annual Growth Rate (CAGR) from 2024 to 2028 is approximately -2.2% annually.

Future trends to watch for include technological advancements in electric motor and generator manufacturing within Sweden, which may reduce reliance on imports. Additionally, shifts in global supply chains and trade policies could impact future import volumes.

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