Sweden: Hedge Shear Market 2024

Hedge Shear Market Size in Sweden

In 2023, the Swedish hedge shear market increased by X% to $X, rising for the sixth consecutive year after four years of decline. The market value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Hedge shear consumption peaked in 2023 and is likely to see steady growth in the near future.

Hedge Shear Production in Sweden

In value terms, hedge shear production stood at $X in 2023 estimated in export price. Over the period under review, production saw a pronounced expansion. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2021; however, from 2022 to 2023, production stood at a somewhat lower figure.

Hedge Shear Exports

Exports from Sweden

In 2023, the amount of hedge shears and two-handed pruning shears exported from Sweden contracted rapidly to X tons, declining by X% on 2022 figures. Over the period under review, exports, however, posted strong growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports attained the peak of X tons. From 2022 to 2023, the growth of the exports failed to regain momentum.

In value terms, hedge shear exports declined rapidly to $X in 2023. In general, exports, however, posted a prominent expansion. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2022 to 2023, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The Netherlands (X tons) was the main destination for hedge shear exports from Sweden, with a X% share of total exports. Moreover, hedge shear exports to the Netherlands exceeded the volume sent to the second major destination, Norway (X tons), eightfold. The third position in this ranking was taken by Denmark (X tons), with an X% share.

From 2012 to 2023, the average annual rate of growth in terms of volume to the Netherlands totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (X% per year) and Denmark (X% per year).

In value terms, the Netherlands ($X) remains the key foreign market for hedge shears and two-handed pruning shears exports from Sweden, comprising X% of total exports. The second position in the ranking was held by Norway ($X), with a X% share of total exports. It was followed by Denmark, with a X% share.

From 2012 to 2023, the average annual growth rate of value to the Netherlands totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (X% per year) and Denmark (X% per year).

Export Prices by Country

The average hedge shear export price stood at $X per ton in 2023, dropping by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2023, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Lithuania ($X per ton), while the average price for exports to Poland ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Hedge Shear Imports

Imports into Sweden

After four years of growth, purchases abroad of hedge shears and two-handed pruning shears decreased by X% to X tons in 2023. Overall, imports, however, showed a slight expansion. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2023, the growth of imports failed to regain momentum.

In value terms, hedge shear imports fell dramatically to $X in 2023. In general, imports, however, saw a noticeable increase. The growth pace was the most rapid in 2013 with an increase of X%. As a result, imports attained the peak of $X. From 2014 to 2023, the growth of imports failed to regain momentum.

Imports by Country

China (X tons), Germany (X tons) and Finland (X tons) were the main suppliers of hedge shear imports to Sweden, with a combined X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Finland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), China ($X) and Finland ($X) appeared to be the largest hedge shear suppliers to Sweden, with a combined X% share of total imports.

In terms of the main suppliers, Finland, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average hedge shear import price stood at $X per ton in 2023, growing by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2020 an increase of X% against the previous year. Over the period under review, average import prices hit record highs at $X per ton in 2021; however, from 2022 to 2023, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Finland (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform