| Product Code: ETC9556147 | Publication Date: Sep 2024 | Updated Date: Apr 2026 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 |

The Sweden Grain Oriented Electrical Steel Market experienced notable fluctuations between 2020 and 2024, with a peak market size of €11.03 million projected for 2024, following a significant growth surge from €5.82 million in 2022 to €8.88 million in 2023, reflecting an impressive actual CAGR of 37.65%. This growth can be attributed to rising demand for energy-efficient electrical components and advancements in manufacturing technologies. Looking ahead, the market is forecasted to continue its upward trajectory, with a projected market size reaching €53.24 million by 2030, supported by a robust CAGR of 30.00% from 2025 to 2030. Key drivers for this sustained growth include the increasing adoption of electric vehicles and renewable energy systems, which necessitate higher-quality electrical steel. Additionally, ongoing investments in infrastructure and technological innovation are expected to further bolster market expansion during this forecast period.

Between 2019 and 2025, Sweden's Grain Oriented Electrical Steel Market experienced notable shifts in both Exports and Imports. Export value started at €238.2 thousand in 2019, dipped to €104.62 thousand in 2021, then surged to €1.33 million in 2023, before stabilizing around €1.26 million in 2024 and 2025. This fluctuation might be attributed to changes in international demand, production capacities, and global market trends. Conversely, Imports began at €5.94 million in 2019, decreased to €2.87 million in 2020, and gradually rose to €10.43 million in 2025. The upward trend in Imports could be linked to growing domestic consumption, technological advancements, and strategic procurement measures. The market's resilience in maintaining export levels after a significant drop in 2021 signifies its adaptability and competitiveness in the global arena.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Sweden Grain Oriented Electrical Steel Market Overview |
3.1 Sweden Country Macro Economic Indicators |
3.2 Sweden Grain Oriented Electrical Steel Market Revenues & Volume, 2022 & 2032F |
3.3 Sweden Grain Oriented Electrical Steel Market - Industry Life Cycle |
3.4 Sweden Grain Oriented Electrical Steel Market - Porter's Five Forces |
3.5 Sweden Grain Oriented Electrical Steel Market Revenues & Volume Share, By Type, 2022 & 2032F |
3.6 Sweden Grain Oriented Electrical Steel Market Revenues & Volume Share, By Thickness, 2022 & 2032F |
3.7 Sweden Grain Oriented Electrical Steel Market Revenues & Volume Share, By Form, 2022 & 2032F |
3.8 Sweden Grain Oriented Electrical Steel Market Revenues & Volume Share, By Silicone Content, 2022 & 2032F |
3.9 Sweden Grain Oriented Electrical Steel Market Revenues & Volume Share, By Distribution Channel, 2022 & 2032F |
3.10 Sweden Grain Oriented Electrical Steel Market Revenues & Volume Share, By Application, 2022 & 2032F |
3.11 Sweden Grain Oriented Electrical Steel Market Revenues & Volume Share, By End-User, 2022 & 2032F |
4 Sweden Grain Oriented Electrical Steel Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for energy-efficient electrical equipment |
4.2.2 Growing focus on renewable energy sources |
4.2.3 Technological advancements in grain-oriented electrical steel production |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices |
4.3.2 Intense competition from alternative materials |
4.3.3 Regulatory challenges in the energy sector |
5 Sweden Grain Oriented Electrical Steel Market Trends |
6 Sweden Grain Oriented Electrical Steel Market, By Types |
6.1 Sweden Grain Oriented Electrical Steel Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Sweden Grain Oriented Electrical Steel Market Revenues & Volume, By Type, 2022 - 2032F |
6.1.3 Sweden Grain Oriented Electrical Steel Market Revenues & Volume, By Domain Refined, 2022 - 2032F |
6.1.4 Sweden Grain Oriented Electrical Steel Market Revenues & Volume, By High Magnetic Strength, 2022 - 2032F |
6.1.5 Sweden Grain Oriented Electrical Steel Market Revenues & Volume, By Conventional, 2022 - 2032F |
6.2 Sweden Grain Oriented Electrical Steel Market, By Thickness |
6.2.1 Overview and Analysis |
6.2.2 Sweden Grain Oriented Electrical Steel Market Revenues & Volume, By 0.23 MM, 2022 - 2032F |
6.2.3 Sweden Grain Oriented Electrical Steel Market Revenues & Volume, By 0.27 MM, 2022 - 2032F |
6.2.4 Sweden Grain Oriented Electrical Steel Market Revenues & Volume, By 0.30 MM, 2022 - 2032F |
6.2.5 Sweden Grain Oriented Electrical Steel Market Revenues & Volume, By 0.35 MM, 2022 - 2032F |
6.2.6 Sweden Grain Oriented Electrical Steel Market Revenues & Volume, By 0.5 MM, 2022 - 2032F |
6.2.7 Sweden Grain Oriented Electrical Steel Market Revenues & Volume, By 0.65 MM, 2022 - 2032F |
6.3 Sweden Grain Oriented Electrical Steel Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 Sweden Grain Oriented Electrical Steel Market Revenues & Volume, By Laminated Sheets, 2022 - 2032F |
6.3.3 Sweden Grain Oriented Electrical Steel Market Revenues & Volume, By Wounds Sheets, 2022 - 2032F |
6.3.4 Sweden Grain Oriented Electrical Steel Market Revenues & Volume, By Punched Sheets, 2022 - 2032F |
6.4 Sweden Grain Oriented Electrical Steel Market, By Silicone Content |
6.4.1 Overview and Analysis |
6.4.2 Sweden Grain Oriented Electrical Steel Market Revenues & Volume, By Below 3%, 2022 - 2032F |
6.4.3 Sweden Grain Oriented Electrical Steel Market Revenues & Volume, By 3% or More, 2022 - 2032F |
6.5 Sweden Grain Oriented Electrical Steel Market, By Distribution Channel |
6.5.1 Overview and Analysis |
6.5.2 Sweden Grain Oriented Electrical Steel Market Revenues & Volume, By Online, 2022 - 2032F |
6.5.3 Sweden Grain Oriented Electrical Steel Market Revenues & Volume, By Offline, 2022 - 2032F |
6.6 Sweden Grain Oriented Electrical Steel Market, By Application |
6.6.1 Overview and Analysis |
6.6.2 Sweden Grain Oriented Electrical Steel Market Revenues & Volume, By Transformers, 2022 - 2032F |
6.6.3 Sweden Grain Oriented Electrical Steel Market Revenues & Volume, By Power Generators, 2022 - 2032F |
6.6.4 Sweden Grain Oriented Electrical Steel Market Revenues & Volume, By Motors, 2022 - 2032F |
6.6.5 Sweden Grain Oriented Electrical Steel Market Revenues & Volume, By Battery, 2022 - 2032F |
6.6.6 Sweden Grain Oriented Electrical Steel Market Revenues & Volume, By Shunt Reactor, 2022 - 2032F |
6.6.7 Sweden Grain Oriented Electrical Steel Market Revenues & Volume, By Wound Cores, 2022 - 2032F |
6.7 Sweden Grain Oriented Electrical Steel Market, By End-User |
6.7.1 Overview and Analysis |
6.7.2 Sweden Grain Oriented Electrical Steel Market Revenues & Volume, By Energy and Power, 2022 - 2032F |
6.7.3 Sweden Grain Oriented Electrical Steel Market Revenues & Volume, By Automotive, 2022 - 2032F |
6.7.4 Sweden Grain Oriented Electrical Steel Market Revenues & Volume, By Building and Construction, 2022 - 2032F |
6.7.5 Sweden Grain Oriented Electrical Steel Market Revenues & Volume, By Building and Construction, 2022 - 2032F |
6.7.6 Sweden Grain Oriented Electrical Steel Market Revenues & Volume, By Aviation, 2022 - 2032F |
6.7.7 Sweden Grain Oriented Electrical Steel Market Revenues & Volume, By Others, 2022 - 2032F |
7 Sweden Grain Oriented Electrical Steel Market Import-Export Trade Statistics |
7.1 Sweden Grain Oriented Electrical Steel Market Export to Major Countries |
7.2 Sweden Grain Oriented Electrical Steel Market Imports from Major Countries |
8 Sweden Grain Oriented Electrical Steel Market Key Performance Indicators |
8.1 Energy efficiency ratings of electrical equipment using grain-oriented electrical steel |
8.2 Adoption rate of renewable energy solutions in Sweden |
8.3 Investment in research and development for enhancing grain-oriented electrical steel properties |
9 Sweden Grain Oriented Electrical Steel Market - Opportunity Assessment |
9.1 Sweden Grain Oriented Electrical Steel Market Opportunity Assessment, By Type, 2022 & 2032F |
9.2 Sweden Grain Oriented Electrical Steel Market Opportunity Assessment, By Thickness, 2022 & 2032F |
9.3 Sweden Grain Oriented Electrical Steel Market Opportunity Assessment, By Form, 2022 & 2032F |
9.4 Sweden Grain Oriented Electrical Steel Market Opportunity Assessment, By Silicone Content, 2022 & 2032F |
9.5 Sweden Grain Oriented Electrical Steel Market Opportunity Assessment, By Distribution Channel, 2022 & 2032F |
9.6 Sweden Grain Oriented Electrical Steel Market Opportunity Assessment, By Application, 2022 & 2032F |
9.7 Sweden Grain Oriented Electrical Steel Market Opportunity Assessment, By End-User, 2022 & 2032F |
10 Sweden Grain Oriented Electrical Steel Market - Competitive Landscape |
10.1 Sweden Grain Oriented Electrical Steel Market Revenue Share, By Companies, 2025 |
10.2 Sweden Grain Oriented Electrical Steel Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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