Sweden: Flexographic Printing Machinery Market 2024

Flexographic Printing Machinery Market Size in Sweden

The Swedish flexographic printing machinery market dropped markedly to $X in 2022, reducing by -53.5% against the previous year. Over the period under review, consumption, however, saw a perceptible expansion. As a result, consumption attained the peak level of $X, and then dropped sharply in the following year.

Flexographic Printing Machinery Production in Sweden

In value terms, flexographic printing machinery production fell modestly to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume increased by 2.9%. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production remained at a lower figure.

Flexographic Printing Machinery Exports

Exports from Sweden

In 2022, approx. X units of flexographic printing machinery were exported from Sweden; with a decrease of -43.8% on the previous year. In general, exports faced a dramatic downturn. The pace of growth appeared the most rapid in 2020 when exports increased by 1,200% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, flexographic printing machinery exports shrank notably to $X in 2022. Overall, exports faced a dramatic setback. The most prominent rate of growth was recorded in 2020 when exports increased by 1,371%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

India (X units), Australia (X units) and the United States (X units) were the main destinations of flexographic printing machinery exports from Sweden, together accounting for 67% of total exports. Iraq, Germany and the UK lagged somewhat behind, together comprising a further 33%.

From 2012 to 2022, the biggest increases were recorded for Iraq (with a CAGR of 0.0%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Australia ($X) emerged as the key foreign market for flexographic printing machinery exports from Sweden, comprising 57% of total exports. The second position in the ranking was held by Germany ($X), with a 16% share of total exports. It was followed by Iraq, with a 10% share.

From 2012 to 2022, the average annual growth rate of value to Australia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+102.9% per year) and Iraq (+8.9% per year).

Export Prices by Country

The average flexographic printing machinery export price stood at $X per unit in 2022, dropping by -71.8% against the previous year. Over the period under review, the export price, however, posted prominent growth. The pace of growth was the most pronounced in 2013 an increase of 415%. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Australia ($X per unit), while the average price for exports to the UK ($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 Germany (+102.9%), while the prices for the other major destinations experienced more modest paces of growth.

Flexographic Printing Machinery Imports

Imports into Sweden

Flexographic printing machinery imports into Sweden reduced rapidly to X units in 2022, shrinking by -80.3% against 2021. Overall, imports showed a abrupt decline. The pace of growth appeared the most rapid in 2021 with an increase of 2,017%. As a result, imports attained the peak of X units, and then reduced markedly in the following year.

In value terms, flexographic printing machinery imports declined rapidly to $X in 2022. Over the period under review, imports showed a abrupt setback. The growth pace was the most rapid in 2021 when imports increased by 6,541% against the previous year. Over the period under review, imports reached the maximum at $X in 2016; however, from 2017 to 2022, imports stood at a somewhat lower figure.

Imports by Country

The Netherlands (X units), the United States (X units) and India (X units) were the main suppliers of flexographic printing machinery imports to Sweden, together accounting for 84% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +27.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X) constituted the largest supplier of flexographic printing machinery to Sweden, comprising 77% of total imports. The second position in the ranking was taken by the United States ($X), with a 12% share of total imports. It was followed by Germany, with an 8.4% share.

From 2012 to 2022, the average annual growth rate of value from the Netherlands amounted to +25.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+67.7% per year) and Germany (-7.0% per year).

Import Prices by Country

In 2022, the average flexographic printing machinery import price amounted to $X per unit, picking up by 19% against the previous year. Over the period under review, the import price, however, continues to indicate a mild setback. The most prominent rate of growth was recorded in 2013 when the average import price increased by 321% against the previous year. The import price peaked at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+55.3%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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