Sweden: Pneumatic Elevator Market 2024

Pneumatic Elevator Market Size in Sweden

The Swedish pneumatic elevator market declined to $X in 2022, falling by -12.2% against the previous year. Over the period under review, consumption showed a abrupt descent. Pneumatic elevator consumption peaked at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Pneumatic Elevator Production in Sweden

In value terms, pneumatic elevator production rose significantly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2014 when the production volume increased by 92%. As a result, production reached the peak level of $X. From 2015 to 2022, production growth remained at a somewhat lower figure.

Pneumatic Elevator Exports

Exports from Sweden

Pneumatic elevator exports from Sweden contracted notably to X units in 2022, which is down by -48.8% on 2021. Overall, exports continue to indicate a abrupt curtailment. The most prominent rate of growth was recorded in 2016 with an increase of 75%. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, pneumatic elevator exports fell dramatically to $X in 2022. In general, exports faced a deep downturn. The most prominent rate of growth was recorded in 2016 with an increase of 66% against the previous year. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Saudi Arabia (X units), Denmark (X units) and Indonesia (X units) were the main destinations of pneumatic elevator exports from Sweden, together accounting for 39% of total exports.

From 2012 to 2022, the biggest increases were recorded for Indonesia (with a CAGR of +38.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Saudi Arabia ($X), Denmark ($X) and Indonesia ($X) constituted the largest markets for pneumatic elevator exported from Sweden worldwide, together comprising 40% of total exports.

Indonesia, with a CAGR of +55.0%, 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 2022, the average pneumatic elevator export price amounted to $X per unit, increasing by 44% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when the average export price increased by 49% against the previous year. Over the period under review, the average export prices attained the maximum at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably for the major overseas markets. In 2022, amid the top suppliers, the highest price was recorded for prices to Belgium ($X per unit) and the UK ($X per unit), while the average price for exports to Ireland ($X per unit) and Spain ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Indonesia (+11.9%), while the prices for the other major destinations experienced more modest paces of growth.

Pneumatic Elevator Imports

Imports into Sweden

In 2022, the amount of pneumatic elevators and conveyors imported into Sweden declined remarkably to X units, with a decrease of -52.3% against the year before. In general, imports, however, continue to indicate moderate growth. The most prominent rate of growth was recorded in 2021 when imports increased by 144% against the previous year. As a result, imports attained the peak of X units, and then shrank remarkably in the following year.

In value terms, pneumatic elevator imports shrank markedly to $X in 2022. Overall, imports, however, continue to indicate modest growth. The pace of growth appeared the most rapid in 2019 when imports increased by 148% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then fell rapidly in the following year.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of pneumatic elevator to Sweden, accounting for a 47% share of total imports. Moreover, pneumatic elevator imports from Germany exceeded the figures recorded by the second-largest supplier, Norway (X units), fourfold. The United States (X units) ranked third in terms of total imports with a 12% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled +3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (+26.8% per year) and the United States (+11.2% per year).

In value terms, Germany ($X) constituted the largest supplier of pneumatic elevators and conveyors to Sweden, comprising 49% of total imports. The second position in the ranking was taken by Norway ($X), with a 14% share of total imports. It was followed by the United States, with a 13% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Norway (+27.1% per year) and the United States (+8.5% per year).

Import Prices by Country

In 2022, the average pneumatic elevator import price amounted to $X per unit, declining by -11.6% against the previous year. In general, the import price recorded a pronounced slump. The growth pace was the most rapid in 2014 when the average import price increased by 64% against the previous year. As a result, import price attained the peak level of $X per unit. From 2015 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 France ($X per unit), while the price for Israel ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+12.1%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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