Sweden: Market for Machine-Tools For Working Stone, Ceramics, And Concrete 2024

Market Size for Machine-Tools For Working Stone, Ceramics, And Concrete in Sweden

In 2022, the Swedish market for machine-tools for working stone, ceramics, and concrete decreased by -69.3% to $X, falling for the fourth year in a row after two years of growth. Over the period under review, consumption showed a abrupt shrinkage. Machine tools for working stone consumption peaked at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Production of Machine-Tools For Working Stone, Ceramics, And Concrete in Sweden

In value terms, machine tools for working stone production declined sharply to $X in 2022 estimated in export price. Overall, production, however, enjoyed a mild expansion. The most prominent rate of growth was recorded in 2017 when the production volume increased by 250%. Machine tools for working stone production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of Machine-Tools For Working Stone, Ceramics, And Concrete

Exports from Sweden

In 2022, after two years of growth, there was significant decline in shipments abroad of machine-tools for working stone, ceramics, and concrete, when their volume decreased by -16.7% to X units. In general, exports continue to indicate a noticeable decline. The growth pace was the most rapid in 2015 when exports increased by 160%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, machine tools for working stone exports soared to $X in 2022. Overall, exports, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2017 when exports increased by 46%. The exports peaked in 2022 and are expected to retain growth in years to come.

Exports by Country

Norway (X units) was the main destination for machine tools for working stone exports from Sweden, accounting for a 59% share of total exports. Moreover, machine tools for working stone exports to Norway exceeded the volume sent to the second major destination, Germany (X units), eightfold. The third position in this ranking was taken by the United States (X units), with a 6.9% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Norway amounted to -5.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+4.3% per year) and the United States (+21.3% per year).

In value terms, Norway ($X), the United States ($X) and Germany ($X) appeared to be the largest markets for machine tools for working stone exported from Sweden worldwide, with a combined 58% share of total exports. The UK, Australia, Brazil, Denmark, Italy and Ukraine lagged somewhat behind, together comprising a further 21%.

Brazil, with a CAGR of +56.9%, recorded the highest rates of growth with regard to 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

The average export price for machine-tools for working stone, ceramics, and concrete stood at $X per unit in 2022, growing by 46% against the previous year. In general, the export price saw a prominent increase. The growth pace was the most rapid in 2013 an increase of 357% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Ukraine ($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 Brazil (+18.2%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tools For Working Stone, Ceramics, And Concrete

Imports into Sweden

In 2022, the amount of machine-tools for working stone, ceramics, and concrete imported into Sweden rose significantly to X units, with an increase of 8.5% against the year before. In general, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 with an increase of 238% against the previous year. As a result, imports reached the peak of X units. From 2021 to 2022, the growth of imports failed to regain momentum.

In value terms, machine tools for working stone imports fell remarkably to $X in 2022. Overall, imports enjoyed prominent growth. The most prominent rate of growth was recorded in 2020 when imports increased by 403% against the previous year. As a result, imports reached the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

China (X units), Poland (X units) and Belgium (X units) were the main suppliers of machine tools for working stone imports to Sweden, together comprising 54% of total imports.

From 2012 to 2022, the biggest increases were recorded for Poland (with a CAGR of +105.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest machine tools for working stone suppliers to Sweden were Poland ($X), Belgium ($X) and Germany ($X), with a combined 50% share of total imports.

Among the main suppliers, Poland, with a CAGR of +191.4%, saw 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 import price for machine-tools for working stone, ceramics, and concrete amounted to $X per unit, dropping by -30.9% against the previous year. Over the period under review, the import price, however, showed buoyant growth. The most prominent rate of growth was recorded in 2020 an increase of 49% against the previous year. As a result, import price attained the peak level of $X per unit. From 2021 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+41.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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