Pumps; Parts Thereof Price in Sweden - 2023
Contents:
- Pumps; Parts Thereof Price in Sweden (FOB) - 2023
- Pumps; Parts Thereof Price in Sweden (CIF) - 2023
- Pumps; Parts Thereof Exports in Sweden
- Pumps; Parts Thereof Imports in Sweden
Pumps; Parts Thereof Price in Sweden (FOB) - 2023
The average pumps; parts thereof export price stood at $47,595 per ton in June 2023, rising by 11% against the previous month. Over the last twelve-month period, it increased at an average monthly rate of +1.0%. The most prominent rate of growth was recorded in October 2022 an increase of 12% month-to-month. Over the period under review, the average export prices attained the peak figure in June 2023.
Prices varied noticeably by the country of destination: the country with the highest price was Denmark ($129K per ton), while the average price for exports to France ($21,852 per ton) 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 Norway (+6.4%), while the prices for the other major destinations experienced more modest paces of growth.
Pumps; Parts Thereof Price in Sweden (CIF) - 2023
The average pumps; parts thereof import price stood at $21,668 per ton in June 2023, shrinking by -8.7% against the previous month. Overall, the import price, however, showed tangible growth. The growth pace was the most rapid in April 2023 an increase of 337% month-to-month. The import price peaked at $23,724 per ton in May 2023, and then contracted in the following month.
There were significant differences in the average prices amongst the major supplying countries. In June 2023, the country with the highest price was the United States ($89,740 per ton), while the price for Turkey ($3,422 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 Germany (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Pumps; Parts Thereof Exports in Sweden
In 2022, exports of pumps; parts thereoves from Sweden dropped to 5K tons, waning by -9.1% on the year before. Over the period under review, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. As a result, the exports reached the peak of 5.5K tons, and then shrank in the following year.
In value terms, pumps; parts thereof exports dropped to $214M in 2022. The total export value increased at an average annual rate of +4.9% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when exports increased by 29% against the previous year. As a result, the exports reached the peak of $232M, and then fell in the following year.
| Export of Pumps; Parts Thereof in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 33.8 | 38.4 | 44.0 | 41.0 | 6.6% |
| Australia | 5.2 | 5.2 | 10.3 | 11.4 | 29.9% |
| Norway | 10.8 | 10.6 | 12.1 | 10.7 | -0.3% |
| United Kingdom | 7.4 | 5.8 | 11.6 | 9.9 | 10.2% |
| France | 9.4 | 8.6 | 10.3 | 9.7 | 1.1% |
| South Africa | 4.7 | 3.2 | 6.3 | 7.8 | 18.4% |
| Brazil | 5.9 | 5.4 | 7.0 | 7.4 | 7.8% |
| China | 9.0 | 9.3 | 9.9 | 7.4 | -6.3% |
| Finland | 4.4 | 4.4 | 6.3 | 7.2 | 17.8% |
| Ireland | 2.8 | 3.0 | 4.6 | 6.1 | 29.6% |
| Poland | 2.3 | 2.2 | 4.4 | 3.8 | 18.2% |
| Argentina | 3.1 | 2.5 | 4.0 | 3.2 | 1.1% |
| India | 1.6 | 1.2 | 1.6 | 2.6 | 17.6% |
| Others | 84.8 | 80.1 | 99.2 | 85.3 | 0.2% |
| Total | 185 | 180 | 232 | 214 | 5.0% |
Top Export Markets for Pumps; Parts Thereof from Sweden in 2022:
- United States (723.1 tons)
- France (506.4 tons)
- Norway (336.2 tons)
- United Kingdom (315.0 tons)
- Ireland (260.0 tons)
- Brazil (246.0 tons)
- Poland (212.4 tons)
- South Africa (193.5 tons)
- Argentina (193.0 tons)
- China (188.1 tons)
- Australia (159.0 tons)
- India (140.0 tons)
- Finland (133.3 tons)
Pumps; Parts Thereof Imports in Sweden
In 2022, the amount of pumps; parts thereoves imported into Sweden expanded to 9.9K tons, growing by 3.2% on the year before. The total import volume increased at an average annual rate of +7.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2021 with an increase of 24%. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the immediate term.
In value terms, pumps; parts thereof imports shrank slightly to $170M in 2022. The total import value increased at an average annual rate of +5.9% 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 2021 with an increase of 30% against the previous year. As a result, imports reached the peak of $176M, and then fell modestly in the following year.
| Import of Pumps; Parts Thereof in Sweden (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 36.1 | 36.7 | 40.1 | 31.2 | -4.7% |
| United States | 18.8 | 11.8 | 26.1 | 22.3 | 5.9% |
| China | 16.9 | 14.4 | 17.3 | 21.0 | 7.5% |
| Denmark | 11.2 | 11.5 | 14.7 | 14.6 | 9.2% |
| Italy | 10.3 | 9.5 | 12.3 | 11.5 | 3.7% |
| India | 5.6 | 4.8 | 9.5 | 10.5 | 23.3% |
| Poland | 2.5 | 3.1 | 3.7 | 6.4 | 36.8% |
| Finland | 4.5 | 4.6 | 4.8 | 4.6 | 0.7% |
| Lithuania | 0.4 | 0.6 | 6.2 | 3.1 | 97.9% |
| Turkey | 3.5 | 2.4 | 2.9 | 2.7 | -8.3% |
| Latvia | 0.3 | 0.6 | 0.7 | 2.1 | 91.3% |
| Slovakia | 1.1 | 1.4 | 1.7 | 1.9 | 20.0% |
| South Africa | 0.6 | 1.0 | 1.8 | 1.2 | 26.0% |
| Others | 31.6 | 33.5 | 34.7 | 36.9 | 5.3% |
| Total | 143 | 136 | 176 | 170 | 5.9% |
Top Suppliers of Pumps; Parts Thereof to Sweden in 2022:
- Germany (1872.7 tons)
- China (1732.9 tons)
- India (1183.2 tons)
- Italy (826.6 tons)
- Denmark (660.4 tons)
- Poland (541.3 tons)
- Turkey (501.4 tons)
- Latvia (407.2 tons)
- Slovakia (261.2 tons)
- Lithuania (244.4 tons)
- United States (216.0 tons)
- Finland (177.9 tons)
- South Africa (170.4 tons)
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