Sweden: Market for Digital Data Processing Machines: Presented In The Form Of Systems 2024

Market Size for Digital Data Processing Machines: Presented In The Form Of Systems in Sweden

The Swedish digital data processing machine market expanded remarkably to $X in 2021, with an increase of 14% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Production of Digital Data Processing Machines: Presented In The Form Of Systems in Sweden

In value terms, digital data processing machine production surged to $X in 2021 estimated in export price. Overall, production, however, showed a significant decline. Digital data processing machine production peaked at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Exports of Digital Data Processing Machines: Presented In The Form Of Systems

Exports from Sweden

In 2021, overseas shipments of digital data processing machines: presented in the form of systems decreased by -1.8% to X units, falling for the second year in a row after three years of growth. Over the period under review, exports continue to indicate a slight reduction. The most prominent rate of growth was recorded in 2013 with an increase of 25%. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports remained at a lower figure.

In value terms, digital data processing machine exports soared to $X in 2021. In general, exports saw a abrupt curtailment. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Norway (X units), Germany (X units) and Romania (X units) were the main destinations of digital data processing machine exports from Sweden, together accounting for 33% of total exports. Poland, Denmark, France, the UK, the Philippines, Finland, Hungary, Italy, the Netherlands and the Czech Republic lagged somewhat behind, together accounting for a further 50%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Czech Republic (with a CAGR of +57.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for digital data processing machine exported from Sweden were Norway ($X), Denmark ($X) and Germany ($X), together comprising 45% of total exports. These countries were followed by Finland, France, the Netherlands, the UK, Poland, Romania, the Czech Republic, the Philippines, Italy and Hungary, which together accounted for a further 26%.

The Czech Republic, with a CAGR of +52.8%, 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 2021, the average digital data processing machine export price amounted to $X per unit, jumping by 48% against the previous year. Over the period under review, the export price, however, continues to indicate a abrupt setback. Over the period under review, the average export prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+5.1%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Digital Data Processing Machines: Presented In The Form Of Systems

Imports into Sweden

For the third year in a row, Sweden recorded decline in supplies from abroad of digital data processing machines: presented in the form of systems, which decreased by -8% to X units in 2021. Over the period under review, imports saw a pronounced descent. The most prominent rate of growth was recorded in 2013 when imports increased by 32% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2021, the growth of imports remained at a lower figure.

In value terms, digital data processing machine imports soared to $X in 2021. The total import value increased at an average annual rate of +3.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when imports increased by 26%. Over the period under review, imports reached the peak figure in 2021 and are expected to retain growth in the immediate term.

Imports by Country

Hungary (X units), the Netherlands (X units) and Denmark (X units) were the main suppliers of digital data processing machine imports to Sweden, together comprising 55% of total imports.

From 2012 to 2021, the biggest increases were recorded for Hungary (with a CAGR of +59.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X) constituted the largest supplier of digital data processing machines: presented in the form of systems to Sweden, comprising 38% of total imports. The second position in the ranking was held by the Netherlands ($X), with a 17% share of total imports. It was followed by Hungary, with a 16% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Poland totaled +1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+18.2% per year) and Hungary (+64.9% per year).

Import Prices by Country

The average digital data processing machine import price stood at $X per unit in 2021, with an increase of 37% against the previous year. Overall, import price indicated a prominent expansion from 2012 to 2021: its price increased at an average annual rate of +7.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, digital data processing machine import price increased by +114.6% against 2014 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Poland ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Poland (+32.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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