Sweden - Mechanical Shovels, Excavators And Shovel Loaders - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Sweden - Mechanical Shovels, Excavators And Shovel Loaders - Market Analysis, Forecast, Size, Trends and Insights

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Price for Mechanical Shovel and Excavator in Sweden - 2023

Contents:

  1. Price for Mechanical Shovel and Excavator in Sweden (CIF) - 2022
  2. Price for Mechanical Shovel and Excavator in Sweden (FOB) - 2022
  3. Imports of Mechanical Shovel and Excavator in Sweden
  4. Exports of Mechanical Shovel and Excavator in Sweden

Price for Mechanical Shovel and Excavator in Sweden (CIF) - 2022

The average mechanical shovel and excavator import price stood at $63,552 per unit in 2022, waning by -7.2% against the previous year. In general, the import price recorded a noticeable slump. The pace of growth was the most pronounced in 2016 an increase of 25% against the previous year. Over the period under review, average import prices hit record highs at $81,377 per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($149,372 per unit), while the price for China ($21,842 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+11.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Mechanical Shovel and Excavator in Sweden (FOB) - 2022

The average mechanical shovel and excavator export price stood at $37,446 per unit in 2022, dropping by -21.3% against the previous year. Over the period under review, the export price recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2015 an increase of 15% against the previous year. The export price peaked at $65,023 per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Greece ($71,045 per unit), while the average price for exports to Qatar ($18 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 China (+511.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Mechanical Shovel and Excavator in Sweden

In 2022, mechanical shovel and excavator imports into Sweden surged to 7.3K units, picking up by 18% on 2021 figures. The total import volume increased at an average annual rate of +8.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, mechanical shovel and excavator imports reached $466M in 2022. The total import value increased at an average annual rate of +4.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 35% against the previous year. Imports peaked in 2022 and are likely to see steady growth in the near future.

Import of Mechanical Shovel and Excavator in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany79.554.262.870.3-4.0%
Belgium27.629.341.168.535.4%
China21.024.842.445.829.7%
Netherlands43.424.444.143.2-0.2%
United Kingdom43.425.745.740.6-2.2%
Japan39.725.939.836.2-3.0%
Norway22.433.041.734.515.5%
France38.133.624.333.8-3.9%
Finland19.022.926.029.716.1%
Austria11.85.612.015.08.3%
United States30.117.413.813.0-24.4%
Others34.719.433.635.60.9%
Total4113164274664.3%

Top Suppliers of Mechanical Shovel and Excavator to Sweden in 2022:

  1. China (2095.0 units)
  2. France (865.0 units)
  3. Belgium (765.0 units)
  4. Germany (748.0 units)
  5. Japan (579.0 units)
  6. United Kingdom (573.0 units)
  7. Finland (465.0 units)
  8. Netherlands (357.0 units)
  9. Norway (241.0 units)
  10. Austria (171.0 units)
  11. United States (87.0 units)

Exports of Mechanical Shovel and Excavator in Sweden

In 2022, mechanical shovel and excavator exports from Sweden soared to 963 units, picking up by 28% against 2021 figures. Over the period under review, exports posted a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 39%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in the near future.

In value terms, mechanical shovel and excavator exports reached $36M in 2022. The total export value increased at an average annual rate of +8.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 40% against the previous year. The exports peaked in 2022 and are likely to continue growth in the immediate term.

Export of Mechanical Shovel and Excavator in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Norway11.68.912.413.34.7%
Finland1.82.12.94.636.7%
Poland3.04.06.84.413.6%
Denmark1.52.10.81.86.3%
Egypt0.20.11.01.595.7%
Greece0.90.70.81.210.1%
IndiaN/AN/AN/A1.10%
Netherlands1.31.91.80.8-14.9%
Germany1.30.31.20.8-14.9%
Estonia1.60.40.60.6-27.9%
PhilippinesN/AN/AN/AN/A0%
QatarN/AN/AN/AN/A0%
Others5.05.27.55.95.7%
Total28.125.535.936.18.7%

Top Export Markets for Mechanical Shovel and Excavator from Sweden in 2022:

  1. Norway (376.0 units)
  2. Poland (94.0 units)
  3. Finland (87.0 units)
  4. Egypt (57.0 units)
  5. India (53.0 units)
  6. Qatar (30.0 units)
  7. Denmark (29.0 units)
  8. Germany (25.0 units)
  9. Philippines (24.0 units)
  10. Netherlands (18.0 units)
  11. Greece (17.0 units)
  12. Estonia (16.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for mechanical shovel and excavator 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 28922530 - Loaders specially designed for underground use
  • Prodcom 28922550 - Wheeled loaders, crawler shovel loaders, front-end loaders
  • Prodcom 28922600 - Self-propelled bulldozers... with a .360
  • Prodcom 28922730 - Self-propelled bulldozers, excavators..., n.e.c.

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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