Sweden: Book Folding Machine Market 2024

Book Folding Machine Market Size in Sweden

After two years of growth, the Swedish book folding machine market decreased by -32.3% to $X in 2022. In general, consumption, however, showed a buoyant increase. As a result, consumption reached the peak level of $X, and then dropped markedly in the following year.

Book Folding Machine Production in Sweden

In value terms, book folding machine production shrank sharply to $X in 2022 estimated in export price. Over the period under review, production, however, enjoyed modest growth. The pace of growth was the most pronounced in 2013 with an increase of 140% against the previous year. Book folding machine production peaked at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Book Folding Machine Exports

Exports from Sweden

Book folding machine exports from Sweden shrank to X units in 2022, which is down by -13.7% compared with the previous year. Over the period under review, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2018 when exports increased by 244%. As a result, the exports reached the peak of X units. From 2019 to 2022, the growth of the exports remained at a lower figure.

In value terms, book folding machine exports soared to $X in 2022. Overall, exports saw a perceptible decline. The pace of growth was the most pronounced in 2018 with an increase of 131% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units), Germany (X units) and the Netherlands (X units) were the main destinations of book folding machine exports from Sweden, together comprising 57% of total exports. Latvia, the UK, Ecuador, France, Colombia, Norway, Denmark and Australia lagged somewhat behind, together comprising a further 33%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Latvia (with a CAGR of +84.8%), while the other leaders experienced more modest paces of growth.

In value terms, the Netherlands ($X), Germany ($X) and the United States ($X) appeared to be the largest markets for book folding machine exported from Sweden worldwide, together accounting for 65% of total exports. Latvia, France, the UK, Norway, Ecuador, Colombia, Denmark and Australia lagged somewhat behind, together comprising a further 25%.

In terms of the main countries of destination, Latvia, with a CAGR of +97.4%, saw the highest growth rate of 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

In 2022, the average book folding machine export price amounted to $X per unit, surging by 60% against the previous year. In general, the export price recorded a prominent increase. The most prominent rate of growth was recorded in 2020 an increase of 150% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per unit), while the average price for exports to Ecuador ($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 Australia (+18.5%), while the prices for the other major destinations experienced more modest paces of growth.

Book Folding Machine Imports

Imports into Sweden

In 2022, approx. X units of folding machines for books were imported into Sweden; waning by -23.5% on 2021. Overall, imports saw a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 88%. Imports peaked at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, book folding machine imports shrank to $X in 2022. Over the period under review, imports recorded a deep contraction. The pace of growth appeared the most rapid in 2021 with an increase of 121%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Japan (X units) constituted the largest supplier of book folding machine to Sweden, accounting for a 37% share of total imports. Moreover, book folding machine imports from Japan exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), twofold. The third position in this ranking was held by Lebanon (X units), with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Japan totaled -7.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (-10.9% per year) and Lebanon (0.0% per year).

In value terms, Japan ($X) constituted the largest supplier of folding machines for books to Sweden, comprising 39% of total imports. The second position in the ranking was taken by Latvia ($X), with a 19% share of total imports. It was followed by the Netherlands, with a 19% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Japan totaled -1.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Latvia (+285.3% per year) and the Netherlands (-10.6% per year).

Import Prices by Country

The average book folding machine import price stood at $X per unit in 2022, rising by 17% against the previous year. Overall, the import price posted prominent growth. The growth pace was the most rapid in 2018 when the average import price increased by 77%. The import price peaked in 2022 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 Latvia ($X per unit), while the price for Lebanon ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Latvia (+48.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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