Report Update: May 1, 2024

Sweden - Cranks And Crankshafts - Market Analysis, Forecast, Size, Trends And Insights

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Cranks and Crankshafts Price in Sweden - 2023

Cranks and Crankshafts Price in Sweden (CIF) - 2023

The average cranks and crankshafts import price stood at $7,650 per ton in June 2023, rising by 10% against the previous month. Over the last twelve months, it increased at an average monthly rate of +2.5%. The most prominent rate of growth was recorded in November 2022 an increase of 23% month-to-month. The import price peaked in June 2023.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was Hungary ($22,490 per ton), while the price for Turkey ($3,881 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Germany (+2.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Cranks and Crankshafts Price in Sweden (FOB) - 2023

The average cranks and crankshafts export price stood at $8,660 per ton in June 2023, rising by 23% against the previous month. In general, the export price, however, saw a slight curtailment. The most prominent rate of growth was recorded in October 2022 an increase of 35% m-o-m. The export price peaked at $10,779 per ton in December 2022; however, from January 2023 to June 2023, the export prices remained at a lower figure.

Prices varied noticeably by the country of destination: the country with the highest price was the United States ($28,339 per ton), while the average price for exports to France ($3,251 per ton) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Brazil (+2.1%), while the prices for the other major destinations experienced more modest paces of growth.

Cranks and Crankshafts Imports in Sweden

In 2022, approx. 28K tons of cranks and crankshafts were imported into Sweden; waning by -12.8% compared with the previous year's figure. Overall, imports recorded a drastic downturn. The smallest decline of -1.5% was in 2021.

In value terms, cranks and crankshafts imports contracted to $152M in 2022. Over the period under review, imports continue to indicate a abrupt descent. The smallest decline of -8.6% was in 2021.

Import of Cranks and Crankshafts in Sweden (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	97.2	73.1	84.0	76.4	-7.7%
Austria	37.0	23.9	17.6	11.1	-33.1%
Hungary	0.5	13.4	20.8	10.5	175.9%
Brazil	9.0	4.9	5.1	9.4	1.5%
China	4.8	5.0	7.5	9.4	25.1%
Italy	5.9	6.3	8.1	8.2	11.6%
Denmark	1.0	0.9	1.1	5.7	78.6%
Turkey	0.2	2.1	2.9	2.2	122.4%
United Kingdom	9.5	4.9	1.0	0.9	-54.4%
Poland	58.7	36.3	0.7	0.4	-81.0%
Others	16.1	16.5	22.6	17.6	3.0%
Total	240	187	171	152	-14.1%

Top Suppliers of Cranks and Crankshafts to Sweden in 2022:

Poland (undefinedK tons)
Germany (21.0K tons)
Brazil (1.1K tons)
Turkey (0.8K tons)
Denmark (0.8K tons)
Austria (0.8K tons)
China (0.8K tons)
Italy (0.7K tons)
Hungary (0.5K tons)
United Kingdom (0.1K tons)

Cranks and Crankshafts Exports in Sweden

In 2022, cranks and crankshafts exports from Sweden reduced dramatically to 8.8K tons, with a decrease of -22.4% against the year before. In general, exports continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2021 when exports increased by 25%.

In value terms, cranks and crankshafts exports reduced notably to $68M in 2022. Over the period under review, exports recorded a abrupt setback. The pace of growth was the most pronounced in 2021 when exports increased by 16%.

Export of Cranks and Crankshafts in Sweden (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
France	22.2	17.0	21.7	15.1	-12.1%
Brazil	11.8	10.0	12.6	10.0	-5.4%
United States	9.8	8.3	6.7	7.2	-9.8%
Germany	3.5	2.3	3.1	3.2	-2.9%
Japan	6.9	7.6	5.9	3.1	-23.4%
Turkey	2.0	1.0	1.4	2.5	7.7%
Belgium	4.8	4.2	4.4	2.4	-20.6%
China	11.6	6.1	5.2	2.3	-41.7%
India	0.9	0.2	2.3	1.5	18.6%
Netherlands	2.3	1.8	3.8	1.4	-15.3%
Others	17.8	17.1	20.2	19.6	3.3%
Total	93.5	75.4	87.4	68.2	-10.0%

Top Export Markets for Cranks and Crankshafts from Sweden in 2022:

France (3625.8 tons)
Brazil (947.0 tons)
Germany (707.2 tons)
Turkey (641.2 tons)
Japan (611.8 tons)
Netherlands (332.1 tons)
United States (315.5 tons)
Belgium (266.2 tons)
India (220.6 tons)
China (102.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cranks and crankshafts 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 28152230 - Cranks and crankshafts
Prodcom 28152250 - Cardan shafts
Prodcom 28152270 - Other shafts

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023