Sweden: Stone Sawing Machine Market 2024

Stone Sawing Machine Market Size in Sweden

After two years of growth, the Swedish stone sawing machine market decreased by -13.3% to $X in 2021. Over the period under review, the total consumption indicated a prominent expansion from 2012 to 2021: its value increased at an average annual rate of +5.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Stone sawing machine consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Stone Sawing Machine Production in Sweden

In value terms, stone sawing machine production declined notably to $X in 2021 estimated in export price. Over the period under review, production recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 when the production volume increased by 411%. Stone sawing machine production peaked at $X in 2014; however, from 2015 to 2021, production stood at a somewhat lower figure.

Stone Sawing Machine Exports

Exports from Sweden

In 2021, the amount of sawing machines for working stone, ceramics and concrete exported from Sweden soared to X units, growing by 31% compared with the previous year. In general, exports, however, showed a relatively flat trend pattern. Over the period under review, the exports reached the maximum at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, stone sawing machine exports skyrocketed to $X in 2021. The total export value increased at an average annual rate of +4.0% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the exports attained the peak figure at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Germany (X units) was the main destination for stone sawing machine exports from Sweden, accounting for a 41% share of total exports. Moreover, stone sawing machine exports to Germany exceeded the volume sent to the second major destination, the UK (X units), threefold. Italy (X units) ranked third in terms of total exports with a 5.2% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Germany stood at +21.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+10.4% per year) and Italy (+5.9% per year).

In value terms, the largest markets for stone sawing machine exported from Sweden were Germany ($X), the United States ($X) and the UK ($X), with a combined 55% share of total exports.

In terms of the main countries of destination, Germany, with a CAGR of +23.5%, saw the highest growth rate of 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

In 2021, the average stone sawing machine export price amounted to $X per unit, waning by -5.5% against the previous year. In general, export price indicated a notable increase from 2012 to 2021: its price increased at an average annual rate of +4.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, stone sawing machine export price increased by +9.1% against 2019 indices. The most prominent rate of growth was recorded in 2017 an increase of 30% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2020, and then contracted in the following year.

Prices varied noticeably country of destination: the country with the highest price was the United States ($X per unit), while the average price for exports to the Czech Republic ($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 the United States (+36.9%), while the prices for the other major destinations experienced more modest paces of growth.

Stone Sawing Machine Imports

Imports into Sweden

In 2021, the amount of sawing machines for working stone, ceramics and concrete imported into Sweden skyrocketed to X units, picking up by 28% compared with the previous year's figure. Overall, imports, however, saw a abrupt shrinkage. The pace of growth was the most pronounced in 2019 with an increase of 49% against the previous year. As a result, imports attained the peak of X units. From 2020 to 2021, the growth of imports failed to regain momentum.

In value terms, stone sawing machine imports skyrocketed to $X in 2021. In general, total imports indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +8.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X units) constituted the largest supplier of stone sawing machine to Sweden, with a 76% share of total imports. Moreover, stone sawing machine imports from China exceeded the figures recorded by the second-largest supplier, Italy (X units), sixfold. The United States (X units) ranked third in terms of total imports with a 5.8% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (-14.0% per year) and the United States (+24.9% per year).

In value terms, China ($X) constituted the largest supplier of sawing machines for working stone, ceramics and concrete to Sweden, comprising 60% of total imports. The second position in the ranking was held by Italy ($X), with a 15% share of total imports. It was followed by the United States, with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China stood at +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+8.2% per year) and the United States (+13.4% per year).

Import Prices by Country

In 2021, the average stone sawing machine import price amounted to $X per unit, with an increase of 30% against the previous year. Over the period under review, the import price showed a prominent expansion. The most prominent rate of growth was recorded in 2020 an increase of 84% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was the United States ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+25.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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