Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Sweden - 2023

Contents:

1. Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Sweden (FOB) - 2023
2. Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Sweden (CIF) - 2023
3. Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Sweden
4. Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Sweden

Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Sweden (FOB) - 2023

In December 2023, the average export price for machines and mechanical appliances; parts, of those having individual functionses amounted to $43,159 per ton, approximately equating the previous month. In general, the export price saw a slight contraction. The pace of growth appeared the most rapid in July 2023 an increase of 30% month-to-month. As a result, the export price attained the peak level of $56,292 per ton. From August 2023 to December 2023, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In December 2023, the country with the highest price was Italy ($70,045 per ton), while the average price for exports to Norway ($18,962 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was recorded for supplies to China (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Price for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Sweden (CIF) - 2023

In December 2023, the average import price for machines and mechanical appliances; parts, of those having individual functionses amounted to $22,338 per ton, rising by 18% against the previous month. Over the period under review, import price indicated temperate growth from December 2022 to December 2023: its price increased at an average monthly rate of +3.2% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on December 2023 figures, import price for machines and mechanical appliances; parts, of those having individual functionses increased by +64.9% against July 2023 indices. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the United States ($94,371 per ton), while the price for China ($7,655 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by Finland (+11.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Exports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Sweden

In 2022, exports of machines and mechanical appliances; parts, of those having individual functionses from Sweden stood at 6.5K tons, surging by 12% on 2021 figures. The total export volume increased at an average annual rate of +6.3% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 15%. Over the period under review, the exports of hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, exports of machines and mechanical appliances; parts, of those having individual functionses expanded slightly to $325M in 2022. The total export value increased at an average annual rate of +6.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2021 with an increase of 25% against the previous year. Over the period under review, the exports of attained the peak figure in 2022 and are likely to continue growth in years to come.

Top Export Markets for Machines and Mechanical Appliances; Parts, of Those Having Individual Functions from Sweden in 2022:

1. Norway (1400.8 tons)
2. China (995.9 tons)
3. United States (715.5 tons)
4. France (416.6 tons)
5. United Kingdom (381.8 tons)
6. Germany (268.6 tons)
7. Japan (263.3 tons)
8. Italy (227.8 tons)
9. Finland (160.8 tons)
10. Denmark (141.4 tons)
11. Netherlands (126.1 tons)
12. Poland (111.4 tons)

Imports of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions in Sweden

In 2022, the amount of machines and mechanical appliances; parts, of those having individual functionses imported into Sweden soared to 18K tons, with an increase of 34% on the previous year's figure. The total import volume increased at an average annual rate of +9.4% over the period from 2019 to 2022; however, the trend pattern 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.

In value terms, imports of machines and mechanical appliances; parts, of those having individual functionses soared to $250M in 2022. The total import value increased at an average annual rate of +11.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Top Suppliers of Machines and Mechanical Appliances; Parts, of Those Having Individual Functions to Sweden in 2022:

1. China (6.3K tons)
2. Germany (3.6K tons)
3. Poland (2.4K tons)
4. Estonia (0.8K tons)
5. Czech Republic (0.6K tons)
6. Denmark (0.5K tons)
7. Finland (0.5K tons)
8. Netherlands (0.4K tons)
9. Italy (0.4K tons)
10. Lithuania (0.4K tons)
11. United States (0.4K tons)
12. Austria (0.3K tons)
13. Norway (0.3K tons)

Source: IndexBox Market Intelligence Platform