Sweden: Lawn Mower Market 2024

Lawn Mower Market Size in Sweden

After two years of growth, the Swedish lawn mower market decreased by -14.7% to $X in 2022. The market value increased at an average annual rate of +4.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, consumption attained the peak level of $X, and then shrank in the following year.

Lawn Mower Production in Sweden

In value terms, lawn mower production shrank sharply to $X in 2022 estimated in export price. Over the period under review, production showed a precipitous contraction. The pace of growth was the most pronounced in 2021 with an increase of 226%. Lawn mower production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Lawn Mower Exports

Exports from Sweden

After two years of growth, overseas shipments of mowers for lawns, parks, golf courses or sports grounds decreased by -13.1% to X units in 2022. In general, exports recorded a mild contraction. The pace of growth appeared the most rapid in 2021 with an increase of 17% against the previous year. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, lawn mower exports reduced notably to $X in 2022. Over the period under review, exports, however, recorded a resilient expansion. The growth pace was the most rapid in 2021 when exports increased by 51%. As a result, the exports reached the peak of $X, and then dropped significantly in the following year.

Exports by Country

Norway (X units), Denmark (X units) and Finland (X units) were the main destinations of lawn mower exports from Sweden, with a combined 80% share of total exports. Lithuania, Poland, Germany, Latvia and Estonia lagged somewhat behind, together accounting for a further 10%.

From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of +8.3%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Norway ($X), Denmark ($X) and Finland ($X) appeared to be the largest markets for lawn mower exported from Sweden worldwide, together accounting for 80% of total exports. Lithuania, Estonia, Latvia, Germany and Poland lagged somewhat behind, together comprising a further 12%.

Among the main countries of destination, Latvia, with a CAGR of +22.3%, saw 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 lawn mower export price stood at $X per unit in 2022, which is down by -16.6% against the previous year. Over the period under review, the export price, however, posted a prominent increase. The most prominent rate of growth was recorded in 2017 an increase of 30% against the previous year. Over the period under review, the average export prices hit record highs at $X per unit in 2021, and then contracted dramatically in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Estonia ($X per unit), while the average price for exports to Poland ($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 Lithuania (+22.4%), while the prices for the other major destinations experienced more modest paces of growth.

Lawn Mower Imports

Imports into Sweden

In 2022, supplies from abroad of mowers for lawns, parks, golf courses or sports grounds decreased by -8.2% to X units for the first time since 2019, thus ending a two-year rising trend. The total import volume increased at an average annual rate of +1.2% over the period from 2012 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2021 when imports increased by 23%. Imports peaked at X units in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

In value terms, lawn mower imports shrank dramatically to $X in 2022. The total import value increased at an average annual rate of +3.4% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 25%. As a result, imports reached the peak of $X, and then dropped remarkably in the following year.

Imports by Country

Poland (X units), China (X units) and the United States (X units) were the main suppliers of lawn mower imports to Sweden, together accounting for 55% of total imports. Italy, Germany, the UK, Slovakia, Denmark and France lagged somewhat behind, together accounting for a further 38%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of +13.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), China ($X) and Poland ($X) were the largest lawn mower suppliers to Sweden, with a combined 55% share of total imports. The United States, Italy, Germany, Denmark, Slovakia and France lagged somewhat behind, together accounting for a further 36%.

In terms of the main suppliers, Denmark, with a CAGR of +12.1%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average lawn mower import price amounted to $X per unit, with a decrease of -7.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.2%. The pace of growth was the most pronounced in 2020 an increase of 12%. Over the period under review, average import prices hit record highs at $X per unit in 2021, and then fell in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+8.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform