Sweden - Interchangeable Spanner Sockets - Market Analysis, Forecast, Size, Trends And Insights
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View PricingInterchangeable Spanner Socket Price in Sweden - 2023
Contents:
- Interchangeable Spanner Socket Price in Sweden (CIF) - 2023
- Interchangeable Spanner Socket Price in Sweden (FOB) - 2022
- Interchangeable Spanner Socket Imports in Sweden
- Interchangeable Spanner Socket Exports in Sweden
Interchangeable Spanner Socket Price in Sweden (CIF) - 2023
The average interchangeable spanner socket import price stood at $14,945 per ton in June 2023, increasing by 1.7% against the previous month. Overall, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 32% m-o-m. Over the period under review, average import prices attained the maximum at $15,480 per ton in February 2023; however, from March 2023 to June 2023, import prices remained at a lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($35,654 per ton), while the price for China ($9,108 per ton) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by Denmark (+6.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Interchangeable Spanner Socket Price in Sweden (FOB) - 2022
In 2022, the average interchangeable spanner socket export price amounted to $14,862 per ton, declining by -11.8% against the previous year. Overall, the export price showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when the average export price increased by 30% against the previous year. Over the period under review, the average export prices attained the peak figure at $24,819 per ton in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($26,566 per ton), while the average price for exports to the Netherlands ($8,417 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the United States (+3.1%), while the prices for the other major destinations experienced mixed trend patterns.
Interchangeable Spanner Socket Imports in Sweden
Interchangeable spanner socket imports into Sweden shrank to 1.5K tons in 2022, remaining relatively unchanged against 2021. Overall, imports continue to indicate a noticeable slump. The most prominent rate of growth was recorded in 2021 with an increase of 0.3%.
In value terms, interchangeable spanner socket imports amounted to $20M in 2022. The total import value increased at an average annual rate of +3.4% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of 9.3% against the previous year. Imports peaked in 2022 and are likely to see steady growth in years to come.
Import of Interchangeable Spanner Socket in Sweden (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Taiwan (Chinese) | 8.8 | 8.1 | 8.2 | 8.9 | 0.4% |
Germany | 2.1 | 2.1 | 2.4 | 3.1 | 13.9% |
Netherlands | 3.7 | 3.3 | 3.0 | 2.8 | -8.9% |
China | 1.1 | 2.4 | 2.8 | 2.4 | 29.7% |
Belgium | 0.6 | 0.4 | 0.8 | 1.4 | 32.6% |
Denmark | 0.5 | 0.4 | 0.5 | 0.3 | -15.7% |
Turkey | 0.2 | 0.2 | 0.1 | N/A | -29.3% |
Others | 1.1 | 1.3 | 1.9 | 1.1 | 0.0% |
Total | 18.1 | 18.1 | 19.8 | 20.1 | 3.6% |
Top Suppliers of Interchangeable Spanner Socket to Sweden in 2022:
- Taiwan (Chinese) (661.9 tons)
- China (308.4 tons)
- Netherlands (179.0 tons)
- Germany (150.1 tons)
- Belgium (140.8 tons)
- Denmark (21.4 tons)
- Turkey (1.0 tons)
Interchangeable Spanner Socket Exports in Sweden
For the fourth consecutive year, Sweden recorded growth in overseas shipments of interchangeable spanner sockets, which increased by 12% to 958 tons in 2022. Overall, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 74% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in years to come.
In value terms, interchangeable spanner socket exports fell slightly to $14M in 2022. The total export value increased at an average annual rate of +9.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when exports increased by 40% against the previous year. As a result, the exports reached the peak of $14M, and then declined modestly in the following year.
Export of Interchangeable Spanner Socket in Sweden (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Netherlands | 0.2 | 0.1 | 3.5 | 4.0 | 171.4% |
Belgium | 3.9 | 2.4 | 2.9 | 3.4 | -4.5% |
Norway | 2.9 | 3.6 | 3.2 | 2.3 | -7.4% |
Denmark | 1.3 | 1.4 | 1.3 | 1.4 | 2.5% |
Finland | 1.3 | 1.3 | 1.2 | 1.1 | -5.4% |
Poland | 0.3 | 0.4 | 0.7 | 0.7 | 32.6% |
Germany | 0.2 | 0.2 | 0.3 | 0.1 | -20.6% |
Others | 1.0 | 0.8 | 1.4 | 1.2 | 6.3% |
Total | 11.0 | 10.3 | 14.4 | 14.2 | 8.9% |
Top Export Markets for Interchangeable Spanner Socket from Sweden in 2022:
- Netherlands (471.0 tons)
- Norway (157.5 tons)
- Denmark (115.0 tons)
- Finland (75.4 tons)
- Poland (66.1 tons)
- Belgium (13.3 tons)
- Germany (3.9 tons)
This report provides an in-depth analysis of the interchangeable spanner socket 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 25733037 - Interchangeable spanner sockets
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
This report provides an in-depth analysis of the interchangeable spanner socket market in Sweden.
This report provides an in-depth analysis of the hand tools market in Sweden.
This report provides an in-depth analysis of the manifold business form market in Sweden.
This report provides an in-depth analysis of the global interchangeable spanner socket market.
This report provides an in-depth analysis of the global hand tools market.
This report provides an in-depth analysis of the global manifold business form market.
This report provides an in-depth analysis of the interchangeable spanner socket market in Sweden.
This report provides an in-depth analysis of the global interchangeable spanner socket market.
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