Sweden: Market for Base Metal Automatic Door Closers 2024

Market Size for Base Metal Automatic Door Closers in Sweden

The Swedish metal automatic door closer market expanded significantly to $X in 2021, picking up by 5% against the previous year. In general, the total consumption indicated a slight increase from 2012 to 2021: its value increased at an average annual rate of +1.5% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -9.6% against 2019 indices. Over the period under review, the market attained the maximum level at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Production of Base Metal Automatic Door Closers in Sweden

In value terms, metal automatic door closer production surged to $X in 2021 estimated in export price. Over the period under review, production showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the production volume increased by 125%. Over the period under review, production attained the maximum level at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Exports of Base Metal Automatic Door Closers

Exports from Sweden

After two years of growth, shipments abroad of base metal automatic door closers decreased by -5.7% to X tons in 2021. In general, total exports indicated strong growth from 2012 to 2021: its volume increased at an average annual rate of +8.9% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +55.5% against 2018 indices. The pace of growth was the most pronounced in 2019 when exports increased by 46% against the previous year. The exports peaked at X tons in 2020, and then fell in the following year.

In value terms, metal automatic door closer exports skyrocketed to $X in 2021. Overall, exports, however, enjoyed a buoyant expansion. The most prominent rate of growth was recorded in 2019 when exports increased by 106% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Norway (X tons) was the main destination for metal automatic door closer exports from Sweden, accounting for a 42% share of total exports. Moreover, metal automatic door closer exports to Norway exceeded the volume sent to the second major destination, Denmark (X tons), twofold. The third position in this ranking was taken by the Czech Republic (X tons), with a 17% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Norway stood at +20.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+23.1% per year) and the Czech Republic (-1.6% per year).

In value terms, Norway ($X) remains the key foreign market for base metal automatic door closers exports from Sweden, comprising 37% of total exports. The second position in the ranking was held by Denmark ($X), with a 17% share of total exports. It was followed by Japan, with an 8.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Norway amounted to +23.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+24.5% per year) and Japan (+96.9% per year).

Export Prices by Country

In 2021, the average metal automatic door closer export price amounted to $X per ton, jumping by 34% against the previous year. In general, export price indicated a prominent increase from 2012 to 2021: its price increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, metal automatic door closer export price increased by +135.6% against 2018 indices. The most prominent rate of growth was recorded in 2019 when the average export price increased by 41%. Over the period under review, the average export prices hit record highs in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Japan ($X per ton), while the average price for exports to the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+23.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Base Metal Automatic Door Closers

Imports into Sweden

In 2021, after two years of growth, there was significant decline in overseas purchases of base metal automatic door closers, when their volume decreased by -15.3% to X tons. In general, total imports indicated a pronounced expansion from 2012 to 2021: its volume increased at an average annual rate of +4.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +31.9% against 2018 indices. The growth pace was the most rapid in 2016 when imports increased by 32%. Imports peaked at X tons in 2020, and then shrank remarkably in the following year.

In value terms, metal automatic door closer imports reduced rapidly to $X in 2021. Over the period under review, total imports indicated a tangible expansion from 2012 to 2021: its value increased at an average annual rate of +4.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +58.8% against 2015 indices. The pace of growth was the most pronounced in 2019 when imports increased by 32% against the previous year. Imports peaked at $X in 2020, and then shrank markedly in the following year.

Imports by Country

In 2021, Germany (X tons) constituted the largest supplier of metal automatic door closer to Sweden, accounting for a 49% share of total imports. Moreover, metal automatic door closer imports from Germany exceeded the figures recorded by the second-largest supplier, China (X tons), threefold. The third position in this ranking was held by Italy (X tons), with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Germany amounted to +4.0%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+27.8% per year) and Italy (+0.8% per year).

In value terms, Germany ($X) constituted the largest supplier of base metal automatic door closers to Sweden, comprising 57% of total imports. The second position in the ranking was held by Italy ($X), with a 15% share of total imports. It was followed by Slovakia, with a 13% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +5.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+3.6% per year) and Slovakia (+630.4% per year).

Import Prices by Country

The average metal automatic door closer import price stood at $X per ton in 2021, waning by -2.8% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average import price increased by 26% against the previous year. The import price peaked at $X per ton in 2020, and then reduced slightly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Slovakia ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Slovakia (+8.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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