Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Sweden - 2023

Contents:

1. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Sweden (FOB) - 2022
2. Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Sweden (CIF) - 2022
3. Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Sweden
4. Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Sweden

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Sweden (FOB) - 2022

In 2022, the average export price for millstones, grindstones, grinding wheels and the like; of natural stones amounted to $1.5 per unit, rising by 17% against the previous year. In general, the export price recorded prominent growth. The pace of growth was the most pronounced in 2019 when the average export price increased by 77% against the previous year. The export price peaked in 2022 and is likely to continue growth in the immediate term.

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 Norway ($3.3 per unit), while the average price for exports to Finland ($0.7 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 the UK (+14.4%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Sweden (CIF) - 2022

The average import price for millstones, grindstones, grinding wheels and the like; of natural stones stood at $0.7 per unit in 2022, surging by 5.7% against the previous year. In general, import price indicated buoyant growth from 2012 to 2022: its price increased at an average annual rate of +7.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for millstones, grindstones, grinding wheels and the like; of natural stones increased by +70.5% against 2018 indices. The pace of growth was the most pronounced in 2021 an increase of 56%. Over the period under review, average import prices reached the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Japan ($2.8 per unit), while the price for Indonesia ($0.3 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Indonesia (+58.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Sweden

After three years of growth, overseas shipments of millstones, grindstones, grinding wheels and the like; of natural stones decreased by -22.9% to 198K units in 2022. Over the period under review, exports, however, recorded significant growth. The pace of growth appeared the most rapid in 2020 when exports increased by 190% against the previous year. Over the period under review, the exports of millstones, grindstones, grinding wheels and like; of natural stones attained the peak figure at 257K units in 2021, and then shrank markedly in the following year.

In value terms, exports of millstones, grindstones, grinding wheels and the like; of natural stones shrank to $297K in 2022. In general, exports, however, posted a significant expansion. The most prominent rate of growth was recorded in 2020 with an increase of 345%. Over the period under review, the exports of millstones, grindstones, grinding wheels and like; of natural stones attained the maximum at $330K in 2021, and then contracted in the following year.

Top Export Markets for Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone from Sweden in 2022:

1. United States (143.9K units)
2. Norway (21.2K units)
3. Denmark (18.3K units)
4. Finland (14.0K units)

Imports of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone in Sweden

In 2022, supplies from abroad of millstones, grindstones, grinding wheels and the like; of natural stones decreased by -5.3% to 227K units, falling for the second consecutive year after two years of growth. Overall, imports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 with an increase of 111% against the previous year. As a result, imports attained the peak of 580K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of millstones, grindstones, grinding wheels and the like; of natural stones totaled $158K in 2022. In general, imports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2020 with an increase of 100% against the previous year. As a result, imports attained the peak of $245K. From 2021 to 2022, the growth of imports of remained at a lower figure.

Top Suppliers of Millstones, Grindstones, Grinding Wheels and the Like; of Natural Stone to Sweden in 2022:

1. China (97.0K units)
2. Indonesia (57.0K units)
3. United States (24.2K units)
4. Germany (18.4K units)
5. Japan (14.4K units)
6. Denmark (7.4K units)

Source: IndexBox Market Intelligence Platform