Sweden - Boring Or Sinking Machinery - Market Analysis, Forecast, Size, Trends And Insights
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View PricingBoring Machinery Price in Sweden - 2023
Contents:
- Boring Machinery Price in Sweden (FOB) - 2022
- Boring Machinery Price in Sweden (CIF) - 2022
- Boring Machinery Exports in Sweden
- Boring Machinery Imports in Sweden
Boring Machinery Price in Sweden (FOB) - 2022
In 2022, the average boring machinery export price amounted to $237,521 per unit, dropping by -23.4% against the previous year. Over the period under review, the export price recorded a slight curtailment. The pace of growth was the most pronounced in 2017 an increase of 34% against the previous year. As a result, the export price reached the peak level of $408,140 per unit. From 2018 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Brazil ($602,015 per unit), while the average price for exports to Germany ($92,787 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+7.5%), while the prices for the other major destinations experienced more modest paces of growth.
Boring Machinery Price in Sweden (CIF) - 2022
The average boring machinery import price stood at $110,134 per unit in 2022, surging by 9.6% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 24% against the previous year. Over the period under review, average import prices hit record highs at $133,896 per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($493,991 per unit), while the price for China ($39,441 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Boring Machinery Exports in Sweden
In 2022, shipments abroad of boring or sinking machinery decreased by -5.4% to 174 units for the first time since 2018, thus ending a three-year rising trend. The total export volume increased at an average annual rate of +2.2% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by 7.6% against the previous year. As a result, the exports reached the peak of 184 units, and then reduced in the following year.
In value terms, boring machinery exports fell remarkably to $41M in 2022. Over the period under review, exports recorded a deep contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 16%. As a result, the exports attained the peak of $57M, and then dropped dramatically in the following year.
| Export of Boring Machinery in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Chile | 3.2 | 1.2 | 2.0 | 5.2 | 17.6% |
| Canada | 0.7 | 0.7 | 2.5 | 4.1 | 80.3% |
| Norway | 1.1 | 3.3 | 1.9 | 3.9 | 52.5% |
| India | 4.7 | 1.3 | 3.9 | 3.7 | -7.7% |
| Kazakhstan | 1.6 | 1.9 | 5.1 | 3.7 | 32.2% |
| Brazil | 2.1 | 3.6 | 4.0 | 2.3 | 3.1% |
| United States | 1.3 | 1.6 | 2.9 | 2.2 | 19.2% |
| China | 5.5 | 6.9 | 6.2 | 1.3 | -38.2% |
| Turkey | 1.0 | 0.5 | 0.6 | 1.1 | 3.2% |
| Dominican Republic | N/A | N/A | 0.3 | 1.1 | 266.7% |
| Morocco | N/A | N/A | 1.2 | 1.0 | -16.7% |
| Germany | 1.2 | 1.0 | 1.6 | 1.0 | -5.9% |
| Mauritius | N/A | N/A | N/A | 0.4 | 0% |
| Others | 25.9 | 26.9 | 24.7 | 10.3 | -26.5% |
| Total | 48.2 | 48.9 | 56.9 | 41.3 | -5.0% |
Top Export Markets for Boring Machinery from Sweden in 2022:
- Norway (28.0 units)
- Chile (26.0 units)
- Kazakhstan (20.0 units)
- India (16.0 units)
- Canada (11.0 units)
- Germany (11.0 units)
- Morocco (10.0 units)
- United States (6.0 units)
- Turkey (4.0 units)
- Dominican Republic (4.0 units)
- Brazil (4.0 units)
- China (3.0 units)
- Mauritius (3.0 units)
Boring Machinery Imports in Sweden
In 2022, supplies from abroad of boring or sinking machinery decreased by -45.1% to 50 units, falling for the second year in a row after two years of growth. Over the period under review, imports recorded a deep reduction. The pace of growth was the most pronounced in 2020 with an increase of 21%. As a result, imports reached the peak of 98 units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, boring machinery imports dropped remarkably to $5.5M in 2022. Overall, imports showed a abrupt descent. The pace of growth was the most pronounced in 2020 when imports increased by 38% against the previous year. As a result, imports attained the peak of $10M. From 2021 to 2022, the growth of imports remained at a lower figure.
| Import of Boring Machinery in Sweden (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Norway | 2,478 | 1,425 | 4,858 | 2,623 | 1.9% |
| Germany | 1,263 | 2,813 | 1,518 | 1,150 | -3.1% |
| Japan | 212 | 207 | 476 | 451 | 28.6% |
| Denmark | 38.9 | 242 | 212 | 386 | 114.9% |
| Turkey | 343 | 840 | 170 | 302 | -4.2% |
| China | 1,199 | 711 | 235 | 189 | -46.0% |
| Poland | 177 | 69.2 | 463 | 79.1 | -23.5% |
| Australia | 590 | 60.0 | 398 | 36.1 | -60.6% |
| Italy | 12.9 | 1,349 | 26.8 | 8.8 | -12.0% |
| Finland | 0.2 | 334 | 199 | 5.3 | 198.1% |
| Iceland | N/A | 830 | N/A | N/A | 0% |
| Others | 875 | 1,074 | 596 | 251 | -34.0% |
| Total | 7,189 | 9,955 | 9,151 | 5,481 | -8.6% |
Top Suppliers of Boring Machinery to Sweden in 2022:
- Norway (33.0 units)
- China (5.0 units)
- Denmark (3.0 units)
- Japan (2.0 units)
- Germany (2.0 units)
- Turkey (1.0 units)
- Poland (1.0 units)
This report provides an in-depth analysis of the boring machinery market in Sweden. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 28921255 - Boring or sinking machinery (including fixed platforms used for oil or natural gas exploration) (excluding self-propelled)
Country coverage:
- Sweden
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Sweden
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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