Sweden - Electronic Instruments And Machines For Measuring Geometrical Quantities - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Sweden - Electronic Instruments And Machines For Measuring Geometrical Quantities - Market Analysis, Forecast, Size, Trends And Insights

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Price for Geometrical Quantities Electronic Measurer in Sweden - 2023

Contents:

  1. Price for Geometrical Quantities Electronic Measurer in Sweden (FOB) - 2023
  2. Price for Geometrical Quantities Electronic Measurer in Sweden (CIF) - 2023
  3. Exports of Geometrical Quantities Electronic Measurer in Sweden
  4. Imports of Geometrical Quantities Electronic Measurer in Sweden

Price for Geometrical Quantities Electronic Measurer in Sweden (FOB) - 2023

The average geometrical quantities electronic measurer export price stood at $95.6 per unit in June 2023, shrinking by -2% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.4%. The pace of growth appeared the most rapid in November 2022 an increase of 41% month-to-month. Over the period under review, the average export prices hit record highs at $97.6 per unit in May 2023, and then contracted slightly in the following month.

There were significant differences in the average prices for the major overseas markets. In June 2023, the country with the highest price was Belgium ($417 per unit), while the average price for exports to Iceland ($4.4 per unit) 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 Norway (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Geometrical Quantities Electronic Measurer in Sweden (CIF) - 2023

In June 2023, the average geometrical quantities electronic measurer import price amounted to $74.8 per unit, increasing by 44% against the previous month. In general, import price indicated a noticeable expansion from June 2022 to June 2023: its price increased at an average monthly rate of +4.6% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on June 2023 figures, geometrical quantities electronic measurer import price increased by +45.1% against March 2023 indices. The pace of growth was the most pronounced in September 2022 when the average import price increased by 45% m-o-m. Over the period under review, average import prices attained the maximum at $79.3 per unit in December 2022; however, from January 2023 to June 2023, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($382 per unit), while the price for Sri Lanka ($13.9 per unit) was amongst the lowest.

From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Italy (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Geometrical Quantities Electronic Measurer in Sweden

For the fourth consecutive year, Sweden recorded growth in shipments abroad of electronic instruments and machines for measuring geometrical quantities, which increased by 9.1% to 2.9M units in 2022. The total export volume increased at an average annual rate of +11.0% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when exports increased by 24%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, geometrical quantities electronic measurer exports expanded remarkably to $214M in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its value increased at an average annual rate of +17.0% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +60.2% against 2019 indices. The pace of growth appeared the most rapid in 2021 when exports increased by 30% against the previous year. The exports peaked in 2022 and are expected to retain growth in the immediate term.

Export of Geometrical Quantities Electronic Measurer in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States17.215.722.430.521.0%
China11.018.319.125.231.8%
Germany10.512.716.618.119.9%
Belgium13.513.722.716.26.3%
Norway9.111.613.913.112.9%
Denmark5.88.710.512.127.8%
Finland8.010.610.59.66.3%
India4.42.84.57.720.5%
Japan3.86.65.67.123.2%
United Kingdom3.93.87.87.021.5%
South Korea3.04.23.06.126.7%
Netherlands4.83.88.24.6-1.4%
Italy4.03.44.74.00.0%
Others34.236.948.852.315.2%
Total13315319821417.2%

Top Export Markets for Geometrical Quantities Electronic Measurer from Sweden in 2022:

  1. United States (518.5K units)
  2. Norway (386.1K units)
  3. Denmark (305.5K units)
  4. China (249.2K units)
  5. India (155.4K units)
  6. Germany (148.4K units)
  7. Finland (137.0K units)
  8. United Kingdom (89.4K units)
  9. Belgium (67.6K units)
  10. South Korea (63.8K units)
  11. Italy (61.4K units)
  12. Japan (42.8K units)
  13. Netherlands (38.7K units)

Imports of Geometrical Quantities Electronic Measurer in Sweden

In 2022, geometrical quantities electronic measurer imports into Sweden shrank modestly to 3.7M units, waning by -1.6% against 2021. Overall, imports continue to indicate a noticeable curtailment. The growth pace was the most rapid in 2021 with an increase of 15% against the previous year. Imports peaked at 3.9M units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, geometrical quantities electronic measurer imports declined to $178M in 2022. The total import value increased at an average annual rate of +1.7% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 15% against the previous year. As a result, imports attained the peak of $196M, and then shrank in the following year.

Import of Geometrical Quantities Electronic Measurer in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany39.733.042.335.9-3.3%
United States26.735.729.330.74.8%
Netherlands39.335.337.522.5-17.0%
United Kingdom2.75.57.811.964.0%
China5.88.510.28.614.0%
Austria4.75.16.17.617.4%
Denmark4.14.75.25.611.0%
South Korea3.64.93.95.414.5%
Italy4.04.25.95.29.1%
Japan5.34.64.94.2-7.5%
Belgium2.93.44.02.90.0%
Israel1.00.60.31.923.9%
Finland4.12.01.21.2-33.6%
Others25.523.837.634.410.5%
Total1691711961781.7%

Top Suppliers of Geometrical Quantities Electronic Measurer to Sweden in 2022:

  1. Germany (611.4K units)
  2. Austria (453.9K units)
  3. China (435.2K units)
  4. Netherlands (272.0K units)
  5. Italy (265.2K units)
  6. United States (263.8K units)
  7. Denmark (177.3K units)
  8. Belgium (153.2K units)
  9. South Korea (118.2K units)
  10. Japan (98.5K units)
  11. United Kingdom (92.3K units)
  12. Israel (72.3K units)
  13. Finland (64.6K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for geometrical quantities electronic measurer 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 26516650 - Electronic instruments, appliances and machines for measuring or checking geometrical quantities (including comparators, coordinate measuring machines (CMMs))

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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