Sweden: Horizontal Machining Centre Market 2024

Horizontal Machining Centre Market Size in Sweden

The Swedish horizontal machining centre market fell to $X in 2022, with a decrease of X% against the previous year. In general, consumption recorded a perceptible descent. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Horizontal machining centre consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Horizontal Machining Centre Production in Sweden

In value terms, horizontal machining centre production declined to $X in 2022 estimated in export price. Over the period under review, production showed a pronounced curtailment. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2022, production failed to regain momentum.

Horizontal Machining Centre Exports

Exports from Sweden

After two years of growth, shipments abroad of horizontal machining centres for working metal decreased by X% to X units in 2022. Over the period under review, exports, however, showed prominent growth. The most prominent rate of growth was recorded in 2014 when exports increased by X%. The exports peaked at X units in 2016; however, from 2017 to 2022, the exports stood at a somewhat lower figure.

In value terms, horizontal machining centre exports skyrocketed to $X in 2022. Overall, exports, however, saw a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are expected to retain growth in the near future.

Exports by Country

The United States (X units) was the main destination for horizontal machining centre exports from Sweden, with a X% share of total exports. Moreover, horizontal machining centre exports to the United States exceeded the volume sent to the second major destination, Denmark (X units), ninefold. The third position in this ranking was held by the UK (X units), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to the United States totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (X% per year) and the UK (X% per year).

In value terms, the United States ($X) remains the key foreign market for horizontal machining centres for working metal exports from Sweden, comprising X% of total exports. The second position in the ranking was held by the UK ($X), with a X% share of total exports. It was followed by Denmark, with an X% share.

From 2012 to 2022, the average annual growth rate of value to the United States amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Denmark (X% per year).

Export Prices by Country

In 2022, the average horizontal machining centre export price amounted to $X per unit, rising by X% against the previous year. Overall, the export price showed significant growth. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The export price peaked in 2022 and is likely to see steady growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Japan ($X 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 United States (X%), while the prices for the other major destinations experienced more modest paces of growth.

Horizontal Machining Centre Imports

Imports into Sweden

In 2022, supplies from abroad of horizontal machining centres for working metal increased by X% to X units, rising for the second year in a row after two years of decline. In general, imports saw a relatively flat trend pattern. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, horizontal machining centre imports dropped to $X in 2022. Overall, imports, however, continue to indicate a noticeable contraction. The pace of growth appeared the most rapid in 2018 when imports increased by X%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Germany (X units), Belgium (X units) and Japan (X units) were the main suppliers of horizontal machining centre imports to Sweden, together comprising X% of total imports. Poland, Luxembourg, Taiwan (Chinese) and the UK lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest horizontal machining centre suppliers to Sweden were Germany ($X), Japan ($X) and Belgium ($X), together comprising X% of total imports. The UK, Poland, Taiwan (Chinese) and Luxembourg lagged somewhat behind, together comprising a further X%.

In terms of the main suppliers, Poland, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the average horizontal machining centre import price amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the import price showed a perceptible downturn. The most prominent rate of growth was recorded in 2018 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Luxembourg ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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