Sweden: Moulds For Metal Market 2024

Moulds For Metal Market Size in Sweden

The Swedish moulds for metal market amounted to $X in 2022, rising by 14% against the previous year. Overall, consumption, however, continues to indicate a abrupt contraction. Moulds for metal consumption peaked at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Moulds For Metal Production in Sweden

In value terms, moulds for metal production shrank modestly to $X in 2022 estimated in export price. Overall, production saw a mild curtailment. The pace of growth appeared the most rapid in 2014 when the production volume increased by 36% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Moulds For Metal Exports

Exports from Sweden

In 2022, shipments abroad of moulds for metals decreased by -19.9% to X tons, falling for the third year in a row after two years of growth. In general, exports saw a drastic downturn. The most prominent rate of growth was recorded in 2018 when exports increased by 172%. Over the period under review, the exports reached the maximum at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, moulds for metal exports contracted dramatically to $X in 2022. Over the period under review, exports continue to indicate a deep setback. The most prominent rate of growth was recorded in 2018 when exports increased by 185%. The exports peaked at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Norway (X tons), China (X tons) and Hungary (X tons) were the main destinations of moulds for metal exports from Sweden, with a combined 69% share of total exports.

From 2012 to 2022, the biggest increases were recorded for Hungary (with a CAGR of +274.2%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for moulds for metal exported from Sweden were Norway ($X), the United States ($X) and China ($X), with a combined 64% share of total exports. Hungary, Switzerland, Germany, Bulgaria and Turkey lagged somewhat behind, together comprising a further 27%.

Among the main countries of destination, Hungary, with a CAGR of +302.3%, saw the highest rates of growth with regard to 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

The average moulds for metal export price stood at $X per ton in 2022, falling by -23.6% against the previous year. Overall, the export price, however, posted a pronounced expansion. The growth pace was the most rapid in 2014 when the average export price increased by 59%. Over the period under review, the average export prices hit record highs at $X per ton in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the United States ($X per ton), while the average price for exports to Turkey ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Bulgaria (+9.4%), while the prices for the other major destinations experienced more modest paces of growth.

Moulds For Metal Imports

Imports into Sweden

In 2022, imports of moulds for metals into Sweden soared to X tons, jumping by 34% compared with the year before. Overall, imports, however, continue to indicate a abrupt setback. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, moulds for metal imports rose rapidly to $X in 2022. Over the period under review, imports, however, recorded a deep contraction. The most prominent rate of growth was recorded in 2020 when imports increased by 54%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest moulds for metal supplier to Sweden, with a 37% share of total imports. Moreover, moulds for metal imports from China exceeded the figures recorded by the second-largest supplier, Croatia (X tons), threefold. The third position in this ranking was taken by Italy (X tons), with an 8.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled -12.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Croatia (+11.6% per year) and Italy (-20.8% per year).

In value terms, China ($X), Italy ($X) and Taiwan (Chinese) ($X) were the largest moulds for metal suppliers to Sweden, together accounting for 59% of total imports. Norway, Croatia, Canada, Switzerland, Germany and Austria lagged somewhat behind, together comprising a further 34%.

Canada, with a CAGR of +74.9%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average moulds for metal import price stood at $X per ton in 2022, waning by -14.8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.8%. The pace of growth was the most pronounced in 2017 when the average import price increased by 27% against the previous year. As a result, import price reached the peak level of $X per ton. From 2018 to 2022, the average import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Italy ($X per ton), while the price for Croatia ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+12.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform