Sweden - Machines For Balancing Mechanical Parts - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPrice for Balancing Mechanical Parts Machine in Sweden - 2023
Contents:
- Price for Balancing Mechanical Parts Machine in Sweden (CIF) - 2022
- Price for Balancing Mechanical Parts Machine in Sweden (FOB) - 2022
- Imports of Balancing Mechanical Parts Machine in Sweden
- Exports of Balancing Mechanical Parts Machine in Sweden
Price for Balancing Mechanical Parts Machine in Sweden (CIF) - 2022
In 2022, the average balancing mechanical parts machine import price amounted to $2,547 per unit, increasing by 26% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. As a result, import price reached 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 2022, amid the top importers, the country with the highest price was Germany ($6,723 per unit), while the price for China ($563 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+5.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Balancing Mechanical Parts Machine in Sweden (FOB) - 2022
The average balancing mechanical parts machine export price stood at $10,303 per unit in 2022, rising by 33% against the previous year. Overall, the export price enjoyed a resilient expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by 36%. Over the period under review, the average export prices reached the peak figure in 2022 and is likely to continue growth in the near future.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($20,442 per unit), while the average price for exports to China ($4,739 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+15.6%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Balancing Mechanical Parts Machine in Sweden
After three years of growth, supplies from abroad of machines for balancing mechanical parts decreased by -16.2% to 1.9K units in 2022. In general, imports recorded a pronounced reduction. The pace of growth was the most pronounced in 2021 when imports increased by 4.7% against the previous year. As a result, imports reached the peak of 2.3K units, and then contracted sharply in the following year.
In value terms, balancing mechanical parts machine imports rose remarkably to $4.8M in 2022. The total import value increased at an average annual rate of +6.2% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 24%. As a result, imports attained the peak of $5M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.
Import of Balancing Mechanical Parts Machine in Sweden (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 1,498 | 2,791 | 1,592 | 2,430 | 17.5% |
Italy | 1,173 | 1,305 | 1,411 | 1,639 | 11.8% |
China | 291 | 246 | 705 | 187 | -13.7% |
United Kingdom | 4.9 | 1.5 | 445 | 172 | 227.4% |
Denmark | 428 | 188 | 38.1 | 6.9 | -74.7% |
Others | 641 | 461 | 389 | 401 | -14.5% |
Total | 4,035 | 4,993 | 4,581 | 4,835 | 6.2% |
Top Suppliers of Balancing Mechanical Parts Machine to Sweden in 2022:
- United States (759.0 units)
- Italy (646.0 units)
- China (333.0 units)
- United Kingdom (46.0 units)
- Denmark (3.0 units)
Exports of Balancing Mechanical Parts Machine in Sweden
In 2022, shipments abroad of machines for balancing mechanical parts decreased by -42.9% to 212 units, falling for the second year in a row after two years of growth. In general, exports faced a sharp downturn. The pace of growth was the most pronounced in 2020 when exports increased by 3.7%. As a result, the exports reached the peak of 508 units. From 2021 to 2022, the growth of the exports remained at a lower figure.
In value terms, balancing mechanical parts machine exports shrank significantly to $2.2M in 2022. Overall, exports showed a abrupt shrinkage. The smallest decline of -3.4% was in 2020. The exports peaked at $3.2M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
Export of Balancing Mechanical Parts Machine in Sweden (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 645 | 546 | 416 | 402 | -14.6% |
France | 351 | 327 | 389 | 346 | -0.5% |
Denmark | 345 | 348 | 371 | 273 | -7.5% |
Norway | 90.9 | 120 | 105 | 211 | 32.4% |
Belgium | 125 | 155 | 143 | 178 | 12.5% |
Finland | 210 | 214 | 147 | 136 | -13.5% |
United Kingdom | 88.6 | 145 | 236 | 113 | 8.4% |
China | 169 | 279 | 57.7 | 50.6 | -33.1% |
United States | 208 | 113 | 142 | 47.9 | -38.7% |
South Africa | 32.4 | 24.4 | 84.6 | 44.4 | 11.1% |
Spain | 36.4 | 59.2 | 102 | 42.4 | 5.2% |
Italy | 122 | 88.6 | 70.9 | 39.8 | -31.2% |
Austria | 62.8 | 68.0 | 54.9 | 39.8 | -14.1% |
Others | 735 | 625 | 554 | 264 | -28.9% |
Total | 3,221 | 3,111 | 2,874 | 2,188 | -12.1% |
Top Export Markets for Balancing Mechanical Parts Machine from Sweden in 2022:
- Norway (32.0 units)
- France (31.0 units)
- Germany (20.0 units)
- Denmark (18.0 units)
- Finland (18.0 units)
- United Kingdom (18.0 units)
- Belgium (16.0 units)
- China (11.0 units)
- South Africa (9.0 units)
- United States (4.0 units)
- Italy (4.0 units)
- Austria (4.0 units)
- Spain (4.0 units)
This report provides an in-depth analysis of the market for balancing mechanical parts machine 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 28993970 - Machines for balancing mechanical parts
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
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