Sweden - Ploughs For Agricultural Purposes - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPlough Price in Sweden - 2023
Contents:
- Plough Price in Sweden (FOB) - 2023
- Plough Price in Sweden (CIF) - 2023
- Plough Exports in Sweden
- Plough Imports in Sweden
Plough Price in Sweden (FOB) - 2023
In June 2023, the average plough export price amounted to $2,213 per unit, surging by 11% against the previous month. Over the period from June 2022 to June 2023, it increased at an average monthly rate of +2.3%. The growth pace was the most rapid in April 2023 an increase of 19% month-to-month. The export price peaked in June 2023.
There were significant differences in the average prices for the major foreign markets. In June 2023, the country with the highest price was Norway ($3,405 per unit), while the average price for exports to Lithuania ($1,081 per unit) was amongst the lowest.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was recorded for supplies to Austria (+8.6%), while the prices for the other major destinations experienced more modest paces of growth.
Plough Price in Sweden (CIF) - 2023
In June 2023, the average plough import price amounted to $2,387 per unit, declining by -9.1% against the previous month. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in November 2022 when the average import price increased by 19% month-to-month. The import price peaked at $2,627 per unit in May 2023, and then reduced in the following month.
Average prices varied somewhat amongst the major supplying countries. In June 2023, the country with the highest price was Norway ($2,433 per unit), while the price for Finland stood at $1,884 per unit.
From June 2022 to June 2023, the most notable rate of growth in terms of prices was attained by France (+11.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Plough Exports in Sweden
In 2022, shipments abroad of ploughs for agricultural purposes decreased by -6.2% to 8.7K units, falling for the second year in a row after two years of growth. Overall, exports showed a pronounced reduction. The growth pace was the most rapid in 2020 with an increase of 1% against the previous year. As a result, the exports attained the peak of 9.9K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, plough exports declined to $15M in 2022. Over the period under review, exports continue to indicate a pronounced shrinkage. The pace of growth appeared the most rapid in 2021 when exports increased by 3.7%. The exports peaked at $17M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
Export of Plough in Sweden (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Poland | 6.8 | 6.0 | 8.2 | 8.4 | 7.3% |
United Kingdom | 1.6 | 0.8 | 0.9 | 1.2 | -9.1% |
Germany | 1.6 | 1.5 | 1.3 | 1.0 | -14.5% |
Czech Republic | 0.4 | 0.2 | 0.7 | 0.9 | 31.0% |
Norway | 0.6 | 0.2 | 0.5 | 0.6 | 0.0% |
Denmark | 0.5 | 0.2 | 0.3 | 0.3 | -15.7% |
Finland | 0.3 | 0.8 | 0.1 | 0.3 | 0.0% |
Lithuania | 0.1 | 0.4 | 0.3 | 0.3 | 44.2% |
Greece | 0.2 | 0.3 | 0.1 | 0.3 | 14.5% |
France | 1.2 | 0.9 | 0.2 | 0.1 | -56.3% |
Russia | 0.3 | 0.5 | 0.7 | 0.1 | -30.7% |
Uzbekistan | N/A | 1.5 | N/A | N/A | 0% |
Others | 2.9 | 2.1 | 2.6 | 1.5 | -19.7% |
Total | 16.6 | 15.4 | 16.0 | 14.8 | -3.8% |
Top Export Markets for Plough from Sweden in 2022:
- Poland (4930.0 units)
- United Kingdom (595.0 units)
- Germany (515.0 units)
- Czech Republic (425.0 units)
- Lithuania (410.0 units)
- Norway (315.0 units)
- Denmark (190.0 units)
- Finland (190.0 units)
- Greece (175.0 units)
- Russia (56.0 units)
- France (55.0 units)
Plough Imports in Sweden
In 2022, plough imports into Sweden expanded notably to 6.9K units, with an increase of 13% compared with 2021. The total import volume increased at an average annual rate of +2.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, plough imports rose significantly to $14M in 2022. The total import value increased at an average annual rate of +9.0% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 15%. Imports peaked in 2022 and are expected to retain growth in the immediate term.
Import of Plough in Sweden (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Norway | 9.5 | 8.9 | 11.1 | 11.4 | 6.3% |
France | N/A | 1.2 | 0.4 | 0.8 | -18.4% |
Germany | 0.1 | 0.1 | N/A | 0.5 | 71.0% |
China | N/A | N/A | N/A | 0.4 | 0% |
Denmark | 0.1 | 0.1 | 0.3 | 0.3 | 44.2% |
Finland | 0.2 | 0.1 | 0.2 | 0.3 | 14.5% |
United States | 0.3 | N/A | 0.2 | 0.3 | 0.0% |
Others | 0.6 | 0.4 | 0.2 | 0.2 | -30.7% |
Total | 10.9 | 10.9 | 12.5 | 14.1 | 9.0% |
Top Suppliers of Plough to Sweden in 2022:
- Norway (5645.0 units)
- France (425.0 units)
- China (187.0 units)
- Germany (165.0 units)
- Finland (160.0 units)
- Denmark (125.0 units)
- United States (105.0 units)
This report provides an in-depth analysis of the plough 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 28303130 -
- Prodcom 28303150 -
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
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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
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