Sweden: Market for Iron Or Steel Towers And Lattice Masts 2024

Market Size for Iron Or Steel Towers And Lattice Masts in Sweden

The Swedish iron or steel towers market shrank significantly to $X in 2023, declining by X% against the previous year. Over the period under review, consumption continues to indicate a perceptible setback. Iron or steel towers consumption peaked at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

Production of Iron Or Steel Towers And Lattice Masts in Sweden

In value terms, iron or steel towers production declined significantly to $X in 2023 estimated in export price. Overall, production continues to indicate a abrupt setback. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. Iron or steel towers production peaked at $X in 2012; however, from 2013 to 2023, production stood at a somewhat lower figure.

Exports of Iron Or Steel Towers And Lattice Masts

Exports from Sweden

In 2023, iron or steel towers exports from Sweden contracted rapidly to X tons, falling by X% compared with the previous year. Over the period under review, exports showed a precipitous decrease. The growth pace was the most rapid in 2016 with an increase of X%. The exports peaked at X tons in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, iron or steel towers exports declined notably to $X in 2023. In general, exports saw a dramatic slump. The most prominent rate of growth was recorded in 2014 with an increase of X%. Over the period under review, the exports attained the peak figure at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Finland (X tons) was the main destination for iron or steel towers exports from Sweden, accounting for a X% share of total exports. Moreover, iron or steel towers exports to Finland exceeded the volume sent to the second major destination, Norway (X tons), threefold. The third position in this ranking was held by Libya (X tons), with an X% share.

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

In value terms, Libya ($X) remains the key foreign market for iron or steel towers and lattice masts exports from Sweden, comprising X% of total exports. The second position in the ranking was taken by Norway ($X), with a X% share of total exports. It was followed by Finland, with a X% share.

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

Export Prices by Country

In 2023, the average iron or steel towers export price amounted to $X per ton, with an increase of X% against the previous year. In general, the export price recorded a strong increase. The growth pace was the most rapid in 2021 when the average export price increased by X% against the previous year. Over the period under review, the average export prices hit record highs in 2023 and is likely to continue growth in the near future.

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

Imports of Iron Or Steel Towers And Lattice Masts

Imports into Sweden

In 2023, approx. X tons of iron or steel towers and lattice masts were imported into Sweden; which is down by X% on the previous year. Overall, imports showed a deep reduction. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2019; however, from 2020 to 2023, imports failed to regain momentum.

In value terms, iron or steel towers imports dropped sharply to $X in 2023. Over the period under review, imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2018 when imports increased by X% against the previous year. Imports peaked at $X in 2019; however, from 2020 to 2023, imports stood at a somewhat lower figure.

Imports by Country

In 2023, Turkey (X tons) constituted the largest supplier of iron or steel towers to Sweden, with a X% share of total imports. Moreover, iron or steel towers imports from Turkey exceeded the figures recorded by the second-largest supplier, Poland (X tons), fourfold. The third position in this ranking was held by Spain (X tons), with a X% share.

From 2012 to 2023, the average annual growth rate of volume from Turkey amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Spain (X% per year).

In value terms, Turkey ($X) constituted the largest supplier of iron or steel towers and lattice masts to Sweden, comprising X% of total imports. The second position in the ranking was taken by Poland ($X), with a X% share of total imports. It was followed by Spain, with a X% share.

From 2012 to 2023, the average annual growth rate of value from Turkey totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (X% per year) and Spain (X% per year).

Import Prices by Country

In 2023, the average iron or steel towers import price amounted to $X per ton, growing by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. Over the period under review, average import prices reached the maximum at $X per ton in 2013; however, from 2014 to 2023, 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 Denmark ($X per ton), while the price for Spain ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform