Sweden: Hide Repairing Machinery Market 2025

Hide Repairing Machinery Market Size in Sweden

In 2022, the Swedish hide repairing machinery market increased by 17% to $X for the first time since 2018, thus ending a three-year declining trend. Overall, consumption, however, showed a abrupt downturn. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption stood at a somewhat lower figure.

Hide Repairing Machinery Production in Sweden

In value terms, hide repairing machinery production rose modestly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of +1.6% over the period from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 with an increase of 21% against the previous year. Over the period under review, production reached the maximum level at $X in 2018; however, from 2019 to 2022, production failed to regain momentum.

Hide Repairing Machinery Exports

Exports from Sweden

In 2022, after two years of growth, there was significant decline in shipments abroad of machinery for making or repairing articles of hides, skins or leather, when their volume decreased by -76.6% to X units. Over the period under review, exports faced a abrupt contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 370%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, hide repairing machinery exports dropped rapidly to $X in 2022. In general, exports recorded a pronounced contraction. The pace of growth appeared the most rapid in 2021 when exports increased by 322%. As a result, the exports reached the peak of $X, and then fell sharply in the following year.

Exports by Country

Norway (X units) was the main destination for hide repairing machinery exports from Sweden, with a 55% share of total exports. Moreover, hide repairing machinery exports to Norway exceeded the volume sent to the second major destination, China (X units), threefold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Norway totaled +19.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: China (+100.0% per year) and Italy (+14.9% per year).

In value terms, the largest markets for hide repairing machinery exported from Sweden were China ($X), Italy ($X) and Norway ($X), together comprising 81% of total exports.

China, with a CAGR of +13,827.8%, recorded 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 2022, the average hide repairing machinery export price amounted to $X per unit, rising by 50% against the previous year. In general, the export price saw a strong increase. The most prominent rate of growth was recorded in 2013 when the average export price increased by 322%. The export price peaked at $X per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per unit), while the average price for exports to Norway ($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 China (+5,443.7%), while the prices for the other major destinations experienced more modest paces of growth.

Hide Repairing Machinery Imports

Imports into Sweden

In 2022, the amount of machinery for making or repairing articles of hides, skins or leather imported into Sweden declined significantly to X units, with a decrease of -51.4% on 2021 figures. In general, imports faced a deep contraction. The most prominent rate of growth was recorded in 2016 when imports increased by 378% against the previous year. Over the period under review, imports attained the peak figure at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, hide repairing machinery imports shrank markedly to $X in 2022. Over the period under review, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2016 when imports increased by 584% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest hide repairing machinery supplier to Sweden, accounting for a 72% share of total imports. Moreover, hide repairing machinery imports from China exceeded the figures recorded by the second-largest supplier, Canada (X units), sevenfold. The United States (X units) ranked third in terms of total imports with a 5.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +260.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (0.0% per year) and the United States (0.0% per year).

In value terms, China ($X) constituted the largest supplier of machinery for making or repairing articles of hides, skins or leather to Sweden, comprising 44% of total imports. The second position in the ranking was held by Canada ($X), with a 21% share of total imports. It was followed by Italy, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from China amounted to +54.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Canada (+63.5% per year) and Italy (+2.2% per year).

Import Prices by Country

The average hide repairing machinery import price stood at $X per unit in 2022, shrinking by -59.8% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 an increase of 111%. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, 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 ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+22.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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