Within the 2019-2024 timeframe, our forecast models predict growth from 2.8% p.a. in a low scenario to 3.3% p.a. in a high scenario. Accordingly, the industry in Sweden is expected to achieve revenues of between $480m to $493m by 2024.
The Swedish industrial gas market generated revenues of approximately $419m in 2019. This was down from $592m in 2009, indicating an average annual growth rate of -2.6% p.a. for the decade.
The rate GDP growth has experienced multiple periods of growth over the course of the last decade. The past decade has had lows of -2.0% in 2009 and highs of 7.2% in 2010. In 2019 the rate was recorded at 4.0%.
Industrial production (as measured by IPI) has followed a more steady trend over the past decade. There was a period of decline in 2012, before a return to positive rates in the last four years.
Report Data: 2019
Each report contains a 10-year history and 5-year forecast of the respective gas markets.
- Industrial gas supply structure
- Companies operating within each country
- Market structure in terms of demand for gases
- Macro-economic influences and drivers
- Future market forecasts
- Investment potential