Sweden: Sugar-Manufacturing Industrial Machinery Market 2024

Sugar-Manufacturing Industrial Machinery Market Size in Sweden

The Swedish sugar-manufacturing industrial machinery market shrank slightly to $X in 2022, stabilizing at the previous year. In general, consumption, however, showed a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market failed to regain momentum.

Sugar-Manufacturing Industrial Machinery Production in Sweden

In value terms, sugar-manufacturing industrial machinery production shrank modestly to $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2015 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2016 to 2022, production growth failed to regain momentum.

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Sugar-Manufacturing Industrial Machinery Exports

Exports from Sweden

In 2022, sugar-manufacturing industrial machinery exports from Sweden soared to X units, growing by X% against 2021. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. The exports peaked in 2022 and are expected to retain growth in the near future.

In value terms, sugar-manufacturing industrial machinery exports soared to $X in 2022. In general, exports, however, showed a deep contraction. Over the period under review, the exports reached the peak figure at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X units) was the main destination for sugar-manufacturing industrial machinery exports from Sweden, accounting for a X% share of total exports. Moreover, sugar-manufacturing industrial machinery exports to Norway exceeded the volume sent to the second major destination, the United States (X units), eightfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Norway amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United States (X% per year) and Latvia (X% per year).

In value terms, Norway ($X) emerged as the key foreign market for industrial machinery for the manufacture or preparation of sugar exports from Sweden, comprising X% of total exports. The second position in the ranking was held by the United States ($X), with a X% share of total exports.

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

Export Prices by Country

The average sugar-manufacturing industrial machinery export price stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period under review, the export price, however, recorded a deep slump. The export price peaked at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Norway ($X per unit), while the average price for exports to Latvia ($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 Norway (X%), while the prices for the other major destinations experienced a decline.

Sugar-Manufacturing Industrial Machinery Imports

Imports into Sweden

In 2022, approx. X units of industrial machinery for the manufacture or preparation of sugar were imported into Sweden; with an increase of X% on 2021. Over the period under review, imports showed significant growth. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, sugar-manufacturing industrial machinery imports skyrocketed to $X in 2022. In general, imports posted significant growth. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Norway (X units), China (X units) and India (X units) were the main suppliers of sugar-manufacturing industrial machinery imports to Sweden, with a combined X% share of total imports. Moreover, sugar-manufacturing industrial machinery imports in Norway exceeded the figures recorded by the second-largest supplier, China, twofold.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X) constituted the largest supplier of industrial machinery for the manufacture or preparation of sugar to Sweden, comprising X% of total imports. The second position in the ranking was taken by the UK ($X), with an X% share of total imports. It was followed by China, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Norway was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (X% per year) and China (X% per year).

Import Prices by Country

The average sugar-manufacturing industrial machinery import price stood at $X per unit in 2022, with an increase of X% against the previous year. Over the period under review, the import price showed a relatively flat trend pattern. The import price peaked at $X per unit in 2015; however, from 2016 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per unit), while the price for India ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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