Sweden - Tools Of Wood - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Sweden - Tools Of Wood - Market Analysis, Forecast, Size, Trends And Insights

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Wood Tool Price in Sweden - 2023

Contents:

  1. Wood Tool Price in Sweden (FOB) - 2022
  2. Wood Tool Price in Sweden (CIF) - 2023
  3. Wood Tool Exports in Sweden
  4. Wood Tool Imports in Sweden

Wood Tool Price in Sweden (FOB) - 2022

In 2022, the average wood tool export price amounted to $9,625 per ton, shrinking by -9.8% against the previous year. Over the period under review, the export price showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average export price increased by 11% against the previous year. As a result, the export price attained the peak level of $10,672 per ton, and then reduced in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($11,213 per ton), while the average price for exports to Norway ($6,893 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+1.9%), while the prices for the other major destinations experienced mixed trend patterns.

Wood Tool Price in Sweden (CIF) - 2023

The average wood tool import price stood at $6,240 per ton in July 2023, which is down by -13.5% against the previous month. In general, import price indicated a remarkable increase from July 2022 to July 2023: its price increased at an average monthly rate of +5.1% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on July 2023 figures, wood tool import price decreased by -13.5% against June 2023 indices. The pace of growth appeared the most rapid in August 2022 when the average import price increased by 40% month-to-month. Over the period under review, average import prices reached the maximum at $7,214 per ton in June 2023, and then fell in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was Italy ($17,825 per ton), while the price for Poland ($3,284 per ton) was amongst the lowest.

From July 2022 to July 2023, the most notable rate of growth in terms of prices was attained by Portugal (+12.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Wood Tool Exports in Sweden

In 2022, the amount of tools of wood exported from Sweden expanded remarkably to 979 tons, increasing by 11% on the year before. The total export volume increased at an average annual rate of +5.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 when exports increased by 15%. The exports peaked in 2022 and are likely to continue growth in years to come.

In value terms, wood tool exports stood at $9.4M in 2022. The total export value increased at an average annual rate of +5.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 27%. Over the period under review, the exports hit record highs in 2022 and are likely to see gradual growth in years to come.

Export of Wood Tool in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Portugal5.24.66.46.68.3%
Norway1.41.41.61.64.6%
Denmark0.30.60.40.30.0%
France0.40.20.20.3-9.1%
Others0.70.60.80.70.0%
Total8.17.49.49.45.1%

Top Export Markets for Wood Tool from Sweden in 2022:

  1. Portugal (629.6 tons)
  2. Norway (233.7 tons)
  3. Denmark (39.6 tons)
  4. France (22.5 tons)

Wood Tool Imports in Sweden

In 2022, approx. 934 tons of tools of wood were imported into Sweden; with a decrease of -13.5% on the previous year. The total import volume increased at an average annual rate of +4.8% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. As a result, imports reached the peak of 1.1K tons, and then declined in the following year.

In value terms, wood tool imports contracted to $4.6M in 2022. The total import value increased at an average annual rate of +5.9% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 when imports increased by 22%. As a result, imports reached the peak of $4.9M, and then shrank in the following year.

Import of Wood Tool in Sweden (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland51157584295423.1%
China53070874374211.9%
Denmark43452658665514.7%
Slovakia3863443604192.8%
Germany496423442399-7.0%
Estonia14710199.21623.3%
Ukraine47.854.637.775.216.3%
Others1,3141,2941,7941,183-3.4%
Total3,8664,0264,9064,5895.9%

Top Suppliers of Wood Tool to Sweden in 2022:

  1. Poland (415.8 tons)
  2. Slovakia (112.7 tons)
  3. Denmark (112.6 tons)
  4. China (71.1 tons)
  5. Estonia (59.8 tons)
  6. Ukraine (45.4 tons)
  7. Germany (44.5 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the wood tool 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 16291130 - Tools, tool bodies and handles and broom or brush bodies and handles of wood, boot and shoe lasts and trees of wood

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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Free Data: Tools Of Wood - Sweden