Sweden: Wood Slicing Machine Market 2024

Wood Slicing Machine Market Size in Sweden

The Swedish wood slicing machine market skyrocketed to $X in 2021, growing by 54% against the previous year. Overall, consumption, however, saw a slight setback. As a result, consumption reached the peak level of $X. From 2020 to 2021, the growth of the market remained at a somewhat lower figure.

Wood Slicing Machine Production in Sweden

In value terms, wood slicing machine production surged to $X in 2021 estimated in export price. Over the period under review, production saw a prominent expansion. The pace of growth appeared the most rapid in 2019 with an increase of 429% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2021, production growth failed to regain momentum.

Wood Slicing Machine Exports

Exports from Sweden

In 2021, shipments abroad of splitting, slicing or paring machines increased by 29% to X units for the first time since 2015, thus ending a five-year declining trend. Over the period under review, exports, however, showed a drastic downturn. Over the period under review, the exports attained the peak figure at X units in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

In value terms, wood slicing machine exports skyrocketed to $X in 2021. In general, exports continue to indicate a buoyant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Belarus (X units) was the main destination for wood slicing machine exports from Sweden, with a 45% share of total exports. Moreover, wood slicing machine exports to Belarus exceeded the volume sent to the second major destination, Norway (X units), threefold. The UK (X units) ranked third in terms of total exports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume to Belarus totaled -3.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-12.8% per year) and the UK (+111.5% per year).

In value terms, Belarus ($X) emerged as the key foreign market for splitting, slicing or paring machines exports from Sweden, comprising 63% of total exports. The second position in the ranking was held by Norway ($X), with an 11% share of total exports. It was followed by Russia, with a 7.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Belarus stood at +23.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Norway (-9.2% per year) and Russia (+2.8% per year).

Export Prices by Country

In 2021, the average wood slicing machine export price amounted to $X per unit, surging by 107% against the previous year. Overall, the export price showed strong growth. The most prominent rate of growth was recorded in 2018 an increase of 135%. The export price peaked in 2021 and is expected to retain growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Belarus ($X per unit), while the average price for exports to Denmark ($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 Belarus (+28.3%), while the prices for the other major destinations experienced more modest paces of growth.

Wood Slicing Machine Imports

Imports into Sweden

In 2021, approx. X units of splitting, slicing or paring machines were imported into Sweden; which is down by -6.6% against the year before. In general, imports continue to indicate a deep slump. The pace of growth was the most pronounced in 2017 when imports increased by 32%. Over the period under review, imports attained the maximum at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, wood slicing machine imports fell slightly to $X in 2021. Overall, imports showed a noticeable reduction. The pace of growth appeared the most rapid in 2019 with an increase of 53%. Over the period under review, imports reached the maximum at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest supplier of wood slicing machine to Sweden, with a 42% share of total imports. Moreover, wood slicing machine imports from China exceeded the figures recorded by the second-largest supplier, Denmark (X units), twofold. Canada (X units) ranked third in terms of total imports with a 20% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from China stood at -17.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (-10.1% per year) and Canada (+48.6% per year).

In value terms, the largest wood slicing machine suppliers to Sweden were Germany ($X), China ($X) and Denmark ($X), together accounting for 85% of total imports.

Germany, with a CAGR of +21.8%, 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 wood slicing machine import price stood at $X per unit in 2021, rising by 3% against the previous year. Over the period under review, the import price saw a remarkable increase. The pace of growth was the most pronounced in 2019 when the average import price increased by 147% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2021, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Canada ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+15.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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