Report Update: May 1, 2024

Sweden - Vehicles Not Mechanically Propelled - Market Analysis, Forecast, Size, Trends And Insights

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Non-Propelled Vehicle Price in Sweden - 2023

Non-Propelled Vehicle Price in Sweden (CIF) - 2023

The average non-propelled vehicle import price stood at $41.7 per unit in July 2023, reducing by -14.5% against the previous month. In general, the import price showed a pronounced setback. The pace of growth appeared the most rapid in February 2023 when the average import price increased by 31% m-o-m. Over the period under review, average import prices hit record highs at $62.6 per unit in December 2022; however, from January 2023 to July 2023, import prices stood at a somewhat lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Germany ($94.6 per unit), while the price for China ($34.9 per unit) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Finland (+1.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Non-Propelled Vehicle Price in Sweden (FOB) - 2023

In July 2023, the average non-propelled vehicle export price amounted to $110 per unit, declining by -2.4% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.1%. The growth pace was the most rapid in January 2023 when the average export price increased by 13% m-o-m. Over the period under review, the average export prices attained the peak figure at $112 per unit in June 2023, and then contracted in the following month.

Prices varied noticeably by the country of destination: the country with the highest price was France ($135 per unit), while the average price for exports to Poland ($54.1 per unit) was amongst the lowest.

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

Non-Propelled Vehicle Imports in Sweden

Non-propelled vehicle imports into Sweden totaled 800K units in 2022, surging by 3.5% on 2021 figures. The total import volume increased at an average annual rate of +2.7% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 with an increase of 20% against the previous year. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, non-propelled vehicle imports rose rapidly to $48M in 2022. Over the period under review, total imports indicated a buoyant increase from 2019 to 2022: its value increased at an average annual rate of +13.4% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 42%. Over the period under review, imports reached the peak figure in 2022 and are likely to see steady growth in years to come.

Import of Non-Propelled Vehicle in Sweden (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	16.1	15.1	22.7	24.6	15.2%
Finland	2.2	2.9	3.1	5.3	34.1%
Vietnam	3.1	1.7	3.4	3.8	7.0%
Germany	2.8	2.3	2.7	3.1	3.5%
Denmark	1.5	1.5	2.1	2.5	18.6%
Hong Kong SAR	0.1	N/A	2.4	1.1	122.4%
Taiwan (Chinese)	0.7	0.8	1.2	1.0	12.6%
Poland	2.0	1.2	0.6	1.0	-20.6%
Others	4.4	4.3	4.4	5.6	8.4%
Total	32.8	29.9	42.5	47.8	13.4%

Top Suppliers of Non-Propelled Vehicle to Sweden in 2022:

China (522.4K units)
Vietnam (57.4K units)
Finland (53.9K units)
Denmark (40.5K units)
Germany (29.5K units)
Hong Kong SAR (17.8K units)
Taiwan (Chinese) (10.3K units)
Poland (5.3K units)

Non-Propelled Vehicle Exports in Sweden

In 2022, approx. 409K units of vehicles not mechanically propelled were exported from Sweden; growing by 3.7% against 2021 figures. The total export volume increased at an average annual rate of +1.6% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The pace of growth appeared the most rapid in 2021 when exports increased by 18%. The exports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, non-propelled vehicle exports rose to $43M in 2022. The total export value increased at an average annual rate of +4.0% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 22% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.

Export of Non-Propelled Vehicle in Sweden (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Norway	13.0	10.5	10.6	11.4	-4.3%
Germany	3.9	3.7	5.6	5.1	9.4%
Denmark	3.8	3.8	4.7	5.0	9.6%
Finland	4.9	3.2	3.4	3.1	-14.2%
France	1.9	1.5	2.7	2.6	11.0%
Netherlands	0.7	0.7	0.6	1.4	26.0%
United Kingdom	1.2	1.2	1.4	1.4	5.3%
Poland	1.1	0.7	1.1	1.1	0.0%
Czech Republic	0.4	0.2	0.3	1.0	35.7%
Estonia	0.4	0.4	0.6	0.5	7.7%
Ireland	0.3	0.3	0.5	0.5	18.6%
Slovakia	0.2	0.2	0.3	0.5	35.7%
Others	6.0	7.6	9.9	9.0	14.5%
Total	37.9	34.1	41.7	42.6	4.0%

Top Export Markets for Non-Propelled Vehicle from Sweden in 2022:

Norway (115.6K units)
Finland (56.8K units)
Denmark (52.9K units)
Germany (41.7K units)
France (21.2K units)
Poland (17.7K units)
United Kingdom (17.0K units)
Netherlands (10.1K units)
Ireland (7.4K units)
Slovakia (6.8K units)
Estonia (6.6K units)
Czech Republic (6.3K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-propelled vehicle 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 30991000 - Vehicles not mechanically propelled including industry trolleys, barrows, luggage trucks, hopper-trucks, hand pulled golf trolleys excluding shopping trolleys

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