Sweden: Wood Milling Machine Market 2024

Wood Milling Machine Market Size in Sweden

The Swedish wood milling machine market declined to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, continues to indicate a abrupt slump. As a result, consumption reached the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Wood Milling Machine Production in Sweden

In value terms, wood milling machine production surged to $X in 2022 estimated in export price. In general, production, however, continues to indicate a abrupt downturn. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. Over the period under review, production attained the peak level at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

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Wood Milling Machine Exports

Exports from Sweden

In 2022, after four years of decline, there was significant growth in overseas shipments of planing, milling or moulding machines, when their volume increased by X% to X units. Overall, exports, however, saw a noticeable curtailment. Over the period under review, the exports attained the maximum at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, wood milling machine exports soared to $X in 2022. Over the period under review, exports, however, saw a pronounced decrease. The growth pace was the most rapid in 2021 with an increase of X%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

Denmark (X units) was the main destination for wood milling machine exports from Sweden, accounting for a X% share of total exports. Moreover, wood milling machine exports to Denmark exceeded the volume sent to the second major destination, Norway (X units), sixfold. Finland (X units) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual growth rate of volume to Denmark amounted to 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).

In value terms, Norway ($X), the Netherlands ($X) and Germany ($X) were the largest markets for wood milling machine exported from Sweden worldwide, with a combined X% share of total exports. Finland, Denmark, the UK, Estonia, the United States and Poland lagged somewhat behind, together comprising a further X%.

Denmark, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average wood milling machine export price stood at $X per unit in 2022, waning by X% against the previous year. Overall, the export price continues to indicate a mild shrinkage. The most prominent rate of growth was recorded in 2021 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit, and then reduced markedly in the following year.

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

Wood Milling Machine Imports

Imports into Sweden

In 2022, after three years of decline, there was significant growth in supplies from abroad of planing, milling or moulding machines, when their volume increased by X% to X units. Overall, imports, however, showed a abrupt shrinkage. The growth pace was the most rapid in 2018 when imports increased by X%. As a result, imports attained the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, wood milling machine imports shrank to $X in 2022. Over the period under review, imports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when imports increased by X%. As a result, imports attained the peak of $X. From 2019 to 2022, the growth of imports remained at a lower figure.

Imports by Country

In 2022, China (X units) constituted the largest wood milling machine supplier to Sweden, accounting for a X% share of total imports. Moreover, wood milling machine imports from China exceeded the figures recorded by the second-largest supplier, Belgium (X units), threefold. Denmark (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual growth rate of volume from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (X% per year) and Denmark (X% per year).

In value terms, the largest wood milling machine suppliers to Sweden were China ($X), Italy ($X) and Belgium ($X), with a combined X% share of total imports. Germany, Denmark, Estonia, Poland and Finland lagged somewhat behind, together accounting for a further X%.

Poland, with a CAGR of X%, recorded the highest growth rate of the value of imports, among the main suppliers 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 wood milling machine import price amounted to $X per unit, dropping by X% against the previous year. Overall, the import price, however, enjoyed prominent growth. The pace of growth was the most pronounced in 2020 when the average import price increased by X%. The import price peaked at $X per unit in 2021, and then dropped rapidly in the following year.

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 Italy ($X per unit), while the price for Finland ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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