Sweden: Threshing Machinery Market 2024

Threshing Machinery Market Size in Sweden

The Swedish threshing machinery market dropped to $X in 2023, falling by X% against the previous year. In general, consumption continues to indicate a mild descent. Threshing machinery consumption peaked at $X in 2014; however, from 2015 to 2023, consumption stood at a somewhat lower figure.

Threshing Machinery Production in Sweden

In value terms, threshing machinery production contracted to $X in 2023 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2021 to 2023, production growth remained at a lower figure.

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Threshing Machinery Exports

Exports from Sweden

For the third consecutive year, Sweden recorded growth in overseas shipments of threshing machinery except combine harvester-threshers, which increased by X% to X units in 2023. Over the period under review, exports showed a significant expansion. The most prominent rate of growth was recorded in 2022 when exports increased by X%. The exports peaked in 2023 and are likely to see gradual growth in years to come.

In value terms, threshing machinery exports surged to $X in 2023. In general, exports saw a significant increase. The most prominent rate of growth was recorded in 2022 when exports increased by X%. Over the period under review, the exports reached the peak figure in 2023 and are expected to retain growth in the near future.

Exports by Country

Poland (X units) was the main destination for threshing machinery exports from Sweden, with a X% share of total exports. Moreover, threshing machinery exports to Poland exceeded the volume sent to the second major destination, Finland (X units), more than tenfold. The third position in this ranking was held by Lithuania (X units), with a X% share.

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

In value terms, Lithuania ($X), Poland ($X) and Finland ($X) appeared to be the largest markets for threshing machinery exported from Sweden worldwide, with a combined X% share of total exports.

Poland, 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 2023, the average threshing machinery export price amounted to $X per unit, with a decrease of X% against the previous year. In general, the export price, however, recorded notable growth. The most prominent rate of growth was recorded in 2020 an increase of X%. Over the period under review, the average export prices hit record highs at $X per unit in 2022, 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 Lithuania ($X per unit), while the average price for exports to Poland ($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 Lithuania (X%), while the prices for the other major destinations experienced more modest paces of growth.

Threshing Machinery Imports

Imports into Sweden

In 2023, imports of threshing machinery except combine harvester-threshers into Sweden skyrocketed to X units, with an increase of X% compared with the previous year's figure. Over the period under review, imports, however, recorded a dramatic downturn. The pace of growth was the most pronounced in 2016 with an increase of X% against the previous year. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2023, imports remained at a lower figure.

In value terms, threshing machinery imports skyrocketed to $X in 2023. In general, imports, however, showed a abrupt decrease. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2013; however, from 2014 to 2023, imports failed to regain momentum.

Imports by Country

Germany (X units), France (X units) and Estonia (X units) were the main suppliers of threshing machinery imports to Sweden, together comprising 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 France (with a CAGR of X%), while imports for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X) constituted the largest supplier of threshing machinery except combine harvester-threshers to Sweden, comprising X% of total imports. The second position in the ranking was held by France ($X), with an X% share of total imports. It was followed by Estonia, with a X% share.

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

Import Prices by Country

The average threshing machinery import price stood at $X per unit in 2023, surging by X% against the previous year. Overall, the import price enjoyed a significant expansion. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for the UK ($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 more modest paces of growth.

Source: IndexBox Platform