Sweden: Fruit-Preparation Industrial Machinery Market 2024

Fruit-Preparation Industrial Machinery Market Size in Sweden

For the fourth consecutive year, the Swedish fruit-preparation industrial machinery market recorded decline in sales value, which decreased by -25.8% to $X in 2021. Over the period under review, consumption recorded a abrupt setback. Fruit-preparation industrial machinery consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Fruit-Preparation Industrial Machinery Production in Sweden

In value terms, fruit-preparation industrial machinery production amounted to $X in 2021 estimated in export price. Over the period under review, production, however, saw a pronounced downturn. The pace of growth appeared the most rapid in 2017 with an increase of 18%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Fruit-Preparation Industrial Machinery Exports

Exports from Sweden

In 2021, fruit-preparation industrial machinery exports from Sweden soared to X units, rising by 338% compared with the previous year's figure. Overall, exports enjoyed a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, fruit-preparation industrial machinery exports skyrocketed to $X in 2021. In general, exports recorded a resilient increase. The pace of growth appeared the most rapid in 2018 with an increase of 59%. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Pakistan (X units) was the main destination for fruit-preparation industrial machinery exports from Sweden, with a 54% share of total exports. Moreover, fruit-preparation industrial machinery exports to Pakistan exceeded the volume sent to the second major destination, Egypt (X units), fourfold. The third position in this ranking was held by the United States (X units), with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to Pakistan stood at +55.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (+84.8% per year) and the United States (+24.5% per year).

In value terms, the largest markets for fruit-preparation industrial machinery exported from Sweden were the United States ($X), India ($X) and Pakistan ($X), together comprising 50% of total exports. These countries were followed by Vietnam, Germany, Egypt and Japan, which together accounted for a further 22%.

Vietnam, with a CAGR of +140.5%, saw the highest growth rate of the value of exports, in terms of 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 fruit-preparation industrial machinery export price amounted to $X per unit, declining by -68.6% against the previous year. In general, the export price recorded a abrupt decline. The pace of growth appeared the most rapid in 2017 an increase of 54% against the previous year. The export price peaked at $X per unit in 2020, and then fell dramatically in the following year.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while the average price for exports to Egypt ($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 Vietnam (+21.3%), while the prices for the other major destinations experienced mixed trend patterns.

Fruit-Preparation Industrial Machinery Imports

Imports into Sweden

In 2021, after three years of decline, there was growth in purchases abroad of industrial machinery for the preparation of fruits, nuts or vegetables, when their volume increased by 1.6% to X units. Overall, imports showed a resilient increase. The most prominent rate of growth was recorded in 2015 when imports increased by 67% against the previous year. Over the period under review, imports hit record highs at X units in 2017; however, from 2018 to 2021, imports failed to regain momentum.

In value terms, fruit-preparation industrial machinery imports expanded significantly to $X in 2021. In general, total imports indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +3.4% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -37.9% against 2019 indices. The most prominent rate of growth was recorded in 2019 with an increase of 74% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Denmark (X units) constituted the largest fruit-preparation industrial machinery supplier to Sweden, accounting for a 34% share of total imports. Moreover, fruit-preparation industrial machinery imports from Denmark exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was held by the Netherlands (X units), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Denmark totaled +47.2%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+27.7% per year) and the Netherlands (+11.5% per year).

In value terms, the largest fruit-preparation industrial machinery suppliers to Sweden were Italy ($X), Ireland ($X) and the Netherlands ($X), with a combined 64% share of total imports. These countries were followed by Finland, Denmark, Belgium, China, India, Germany, Japan, South Korea and Poland, which together accounted for a further 27%.

Among the main suppliers, Belgium, with a CAGR of +64.0%, recorded the highest rates of growth with regard to 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

The average fruit-preparation industrial machinery import price stood at $X per unit in 2021, with an increase of 11% against the previous year. Overall, the import price, however, saw a abrupt contraction. The growth pace was the most rapid in 2019 an increase of 80%. Over the period under review, average import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belgium (+52.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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