Sweden: Metal Sawing Machine Market 2023

Metal Sawing Machine Market Size in Sweden

The Swedish metal sawing machine market soared to $X in 2022, increasing by X% against the previous year. Over the period under review, the total consumption indicated a perceptible expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level of $X. From 2017 to 2022, the growth of the market failed to regain momentum.

Metal Sawing Machine Production in Sweden

In value terms, metal sawing machine production skyrocketed to $X in 2022 estimated in export price. Over the period under review, production continues to indicate a significant increase. The most prominent rate of growth was recorded in 2015 with an increase of X%. Metal sawing machine production peaked at $X in 2020; however, from 2021 to 2022, production stood at a somewhat lower figure.

Metal Sawing Machine Exports

Exports from Sweden

Metal sawing machine exports from Sweden plummeted to X units in 2022, reducing by X% compared with the previous year. Overall, exports saw a precipitous descent. The most prominent rate of growth was recorded in 2019 when exports increased by X%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, metal sawing machine exports contracted rapidly to $X in 2022. In general, exports saw a mild downturn. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. The exports peaked at $X in 2021, and then shrank notably in the following year.

Exports by Country

Norway (X units) was the main destination for metal sawing machine exports from Sweden, with a X% share of total exports. Moreover, metal sawing machine exports to Norway exceeded the volume sent to the second major destination, Poland (X units), threefold. Finland (X units) ranked third in terms of total exports with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Norway stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (X% per year) and Finland (X% per year).

In value terms, the largest markets for metal sawing machine exported from Sweden were Norway ($X), the UK ($X) and Denmark ($X), together comprising X% of total exports. The United States, Australia, Finland, Poland and Estonia lagged somewhat behind, together accounting for a further X%.

Australia, with a CAGR of X%, saw the highest growth rate of 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

In 2022, the average metal sawing machine export price amounted to $X per unit, with an increase of X% against the previous year. Overall, the export price posted a significant expansion. The pace of growth was the most pronounced in 2020 when the average export price increased by X%. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

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

Metal Sawing Machine Imports

Imports into Sweden

For the third consecutive year, Sweden recorded decline in purchases abroad of sawing or cutting-off machines for working metal, which decreased by X% to X units in 2022. Over the period under review, imports faced a abrupt downturn. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, metal sawing machine imports shrank modestly to $X in 2022. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2022, China (X units) constituted the largest supplier of metal sawing machine to Sweden, with a X% share of total imports. Moreover, metal sawing machine imports from China exceeded the figures recorded by the second-largest supplier, Belgium (X units), threefold. The third position in this ranking was held by the UK (X units), with a X% share.

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

In value terms, Germany ($X), Italy ($X) and China ($X) constituted the largest metal sawing machine suppliers to Sweden, with a combined X% share of total imports. Taiwan (Chinese), Denmark, Belgium, the Netherlands, the UK and Poland lagged somewhat behind, together comprising a further X%.

Belgium, with a CAGR of X%, saw 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

The average metal sawing machine import price stood at $X per unit in 2022, surging by X% against the previous year. Over the period under review, the import price recorded a resilient expansion. The growth pace was the most rapid in 2020 an increase of X%. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per unit), while the price for the UK ($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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