Sweden - Machinery For Public Works And Building - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Sweden - Machinery For Public Works And Building - Market Analysis, Forecast, Size, Trends And Insights

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Public Works Machinery Price in Sweden - 2023

Contents:

  1. Public Works Machinery Price in Sweden (CIF) - 2023
  2. Public Works Machinery Price in Sweden (FOB) - 2023
  3. Public Works Machinery Imports in Sweden
  4. Public Works Machinery Exports in Sweden

Public Works Machinery Price in Sweden (CIF) - 2023

In August 2023, the average public works machinery import price amounted to $26,927 per unit, jumping by 79% against the previous month. Overall, the import price recorded a resilient expansion. 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 August 2023, the country with the highest price was Germany ($114K per unit), while the price for Italy ($9,598 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Germany (+21.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Public Works Machinery Price in Sweden (FOB) - 2023

In August 2023, the average public works machinery export price amounted to $22,616 per unit, rising by 15% against the previous month. Overall, the export price continues to indicate resilient growth. The pace of growth was the most pronounced in September 2022 when the average export price increased by 197% month-to-month. Over the period under review, the average export prices hit record highs at $35,350 per unit in March 2023; afterwards, it flattened through to August 2023.

There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was the UK ($54,854 per unit), while the average price for exports to Ecuador ($1,406 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+10.0%), while the prices for the other major destinations experienced more modest paces of growth.

Public Works Machinery Imports in Sweden

In 2022, the amount of machinery for public works and building imported into Sweden soared to 3.5K units, growing by 16% compared with 2021. Overall, imports saw a modest expansion. Over the period under review, imports hit record highs at 3.9K units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, public works machinery imports rose remarkably to $43M in 2022. In general, imports, however, faced a abrupt decrease. Imports peaked at $60M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Public Works Machinery in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany48.112.620.023.4-21.4%
China0.70.50.71.116.3%
Norway1.23.52.10.9-9.1%
Spain0.10.10.20.791.3%
Others9.420.216.716.821.4%
Total59.636.939.642.9-10.4%

Top Suppliers of Public Works Machinery to Sweden in 2022:

  1. China (3.9K units)
  2. Germany (0.3K units)
  3. Norway (0.2K units)
  4. Spain (0.1K units)

Public Works Machinery Exports in Sweden

For the fourth year in a row, Sweden recorded growth in shipments abroad of machinery for public works and building, which increased by 26% to 1.8K units in 2022. Over the period under review, total exports indicated significant growth from 2019 to 2022: its volume increased at an average annual rate of +24.5% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +93.1% against 2019 indices. The growth pace was the most rapid in 2020 when exports increased by 49%. Over the period under review, the exports attained the peak figure in 2022 and are likely to continue growth in years to come.

In value terms, public works machinery exports rose markedly to $35M in 2022. The total export value increased at an average annual rate of +13.2% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 27% against the previous year. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the immediate term.

Export of Public Works Machinery in Sweden (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom0.80.81.24.577.8%
Norway2.33.65.73.515.0%
Russia1.31.41.72.219.2%
United States7.910.13.11.2-46.6%
Germany4.11.96.11.1-35.5%
Belgium0.81.30.20.2-37.0%
Switzerland0.61.40.30.1-45.0%
ChinaN/A0.1N/A0.10.0%
KuwaitN/AN/AN/AN/A0%
Others6.510.514.322.451.0%
Total24.431.132.635.413.2%

Top Export Markets for Public Works Machinery from Sweden in 2022:

  1. Norway (468.0 units)
  2. China (165.0 units)
  3. Germany (112.0 units)
  4. United States (103.0 units)
  5. Kuwait (67.0 units)
  6. Belgium (23.0 units)
  7. United Kingdom (17.0 units)
  8. Russia (17.0 units)
  9. Switzerland (15.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the public works machinery market in Sweden. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 28923090 - Machinery for public works, building..., having individual functions

Country coverage:

  • Sweden

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Sweden
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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