Sweden: Cable-Making Machine Market 2024

Cable-Making Machine Market Size in Sweden

In 2023, the Swedish cable-making machine market decreased by X% to $X, falling for the second consecutive year after two years of growth. Overall, consumption recorded a pronounced downturn. Over the period under review, the market reached the peak level at $X in 2021; however, from 2022 to 2023, consumption remained at a lower figure.

Cable-Making Machine Production in Sweden

In value terms, cable-making machine production reduced slightly to $X in 2023 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 when the production volume increased by X% against the previous year. Cable-making machine production peaked at $X in 2020; afterwards, it flattened through to 2023.

Cable-Making Machine Exports

Exports from Sweden

In 2023, approx. X units of rope or cable-making machines were exported from Sweden; picking up by X% on 2022 figures. Overall, exports enjoyed a significant expansion. The most prominent rate of growth was recorded in 2014 when exports increased by X%. Over the period under review, the exports reached the maximum in 2023 and are likely to continue growth in the immediate term.

In value terms, cable-making machine exports soared to $X in 2023. In general, exports enjoyed a significant increase. The pace of growth was the most pronounced in 2014 with an increase of X%. The exports peaked in 2023 and are likely to continue growth in the immediate term.

Exports by Country

The United States (X units), India (X units) and the UK (X units) were the main destinations of cable-making machine exports from Sweden, with a combined X% share of total exports.

From 2012 to 2023, the biggest increases were recorded for the UK (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), India ($X) and the UK ($X) appeared to be the largest markets for cable-making machine exported from Sweden worldwide, with a combined X% share of total exports.

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

Export Prices by Country

The average cable-making machine export price stood at $X per unit in 2023, shrinking by X% against the previous year. Over the period under review, the export price recorded a pronounced slump. The growth pace was the most rapid in 2020 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2021 to 2023, the average export prices failed to regain momentum.

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 the United States ($X per unit), while the average price for exports to Australia ($X per unit) was amongst the lowest.

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

Cable-Making Machine Imports

Imports into Sweden

In 2023, supplies from abroad of rope or cable-making machines decreased by X% to X units, falling for the second year in a row after three years of growth. Overall, imports, however, posted significant growth. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of X units. From 2022 to 2023, the growth of imports remained at a lower figure.

In value terms, cable-making machine imports fell notably to $X in 2023. In general, imports, however, showed a remarkable increase. The pace of growth appeared the most rapid in 2021 when imports increased by X%. As a result, imports reached the peak of $X. From 2022 to 2023, the growth of imports remained at a lower figure.

Imports by Country

Finland (X units), Australia (X units) and France (X units) were the main suppliers of cable-making machine imports to Sweden, together accounting for X% 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, Finland ($X) constituted the largest supplier of rope or cable-making machines to Sweden, comprising X% of total imports. The second position in the ranking was held by France ($X), with a X% share of total imports. It was followed by Australia, with a X% share.

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

Import Prices by Country

The average cable-making machine import price stood at $X per unit in 2023, with a decrease of X% against the previous year. In general, the import price showed a abrupt decrease. The pace of growth was the most pronounced in 2021 when the average import price increased by X%. Over the period under review, average import prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2023, import prices stood at a somewhat 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 Finland ($X per unit), while the price for India ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform