Sweden: Finishing Paper Machinery Market 2024

Finishing Paper Machinery Market Size in Sweden

The Swedish finishing paper machinery market was finally on the rise to reach $X in 2021, after two years of decline. In general, consumption faced a abrupt decrease. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Finishing Paper Machinery Production in Sweden

In value terms, finishing paper machinery production skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, showed a noticeable shrinkage. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Finishing Paper Machinery Exports

Exports from Sweden

In 2021, overseas shipments of machinery for finishing paper or paperboard increased by 51% to X units for the first time since 2018, thus ending a two-year declining trend. Over the period under review, exports posted a strong expansion. The most prominent rate of growth was recorded in 2016 with an increase of 165% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2021, the exports remained at a lower figure.

In value terms, finishing paper machinery exports shrank to $X in 2021. Overall, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2014 with an increase of 89%. As a result, the exports reached the peak of $X. From 2015 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

The United States (X units), Germany (X units) and Canada (X units) were the main destinations of finishing paper machinery exports from Sweden, with a combined 70% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Canada (with a CAGR of +83.6%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for finishing paper machinery exported from Sweden were the United States ($X), Italy ($X) and Germany ($X), together comprising 62% of total exports. These countries were followed by Canada, France, Japan, the UK and the Netherlands, which together accounted for a further 20%.

Canada, with a CAGR of +138.3%, saw 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

In 2021, the average finishing paper machinery export price amounted to $X per unit, dropping by -39.4% against the previous year. Overall, the export price showed a drastic downturn. The most prominent rate of growth was recorded in 2019 when the average export price increased by 111%. The export price peaked at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, amid the top suppliers, the country with the highest price was Italy ($X per unit), while the average price for exports to Germany ($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 Japan (-1.8%), while the prices for the other major destinations experienced a decline.

Finishing Paper Machinery Imports

Imports into Sweden

Finishing paper machinery imports into Sweden fell dramatically to X units in 2021, with a decrease of -52.4% on 2020 figures. Overall, imports saw a abrupt downturn. The pace of growth was the most pronounced in 2017 when imports increased by 60% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2021, the growth of imports failed to regain momentum.

In value terms, finishing paper machinery imports contracted markedly to $X in 2021. Over the period under review, imports continue to indicate a noticeable downturn. The most prominent rate of growth was recorded in 2018 with an increase of 77%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

In 2021, Slovakia (X units) constituted the largest supplier of finishing paper machinery to Sweden, with a 71% share of total imports. Moreover, finishing paper machinery imports from Slovakia exceeded the figures recorded by the second-largest supplier, the United States (X units), sixfold. Belgium (X units) ranked third in terms of total imports with a 5.3% share.

From 2012 to 2021, the average annual growth rate of volume from Slovakia totaled +32.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+23.5% per year) and Belgium (+112.1% per year).

In value terms, the largest finishing paper machinery suppliers to Sweden were Belgium ($X), the United States ($X) and Finland ($X), with a combined 66% share of total imports.

In terms of the main suppliers, Belgium, with a CAGR of +88.6%, saw 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

In 2021, the average finishing paper machinery import price amounted to $X per unit, increasing by 67% against the previous year. Overall, the import price recorded a strong expansion. The growth pace was the most rapid in 2018 an increase of 95%. Over the period under review, average import prices attained the peak figure in 2021 and is expected to retain growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Slovakia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+35.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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