Sweden: Industrial Bakery Machinery Market 2024

Industrial Bakery Machinery Market Size in Sweden

The Swedish industrial bakery machinery market reached $X in 2023, growing by X% against the previous year. Overall, consumption showed a perceptible shrinkage. Industrial bakery machinery consumption peaked at $X in 2015; however, from 2016 to 2023, consumption stood at a somewhat lower figure.

Industrial Bakery Machinery Production in Sweden

In value terms, industrial bakery machinery production expanded rapidly to $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt curtailment. The pace of growth was the most pronounced in 2021 with an increase of X%. Over the period under review, production reached the maximum level at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.

Industrial Bakery Machinery Exports

Exports from Sweden

In 2023, overseas shipments of industrial bakery machinery increased by X% to X units, rising for the third year in a row after three years of decline. In general, exports, however, recorded a deep downturn. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, industrial bakery machinery exports dropped slightly to $X in 2023. Over the period under review, exports, however, recorded a deep reduction. The most prominent rate of growth was recorded in 2021 with an increase of X%. The exports peaked at $X in 2013; however, from 2014 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

The United States (X units), Poland (X units) and Norway (X units) were the main destinations of industrial bakery machinery exports from Sweden, together accounting for X% of total exports. Iran, the UK, Germany, Finland, Trinidad and Tobago, Bulgaria, South Africa and Spain lagged somewhat behind, together accounting for a further X%.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Iran (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X), Poland ($X) and Norway ($X) appeared to be the largest markets for industrial bakery machinery exported from Sweden worldwide, together accounting for X% of total exports. Germany, Iran, the UK, Trinidad and Tobago, Bulgaria, Finland, South Africa and Spain lagged somewhat behind, together comprising a further X%.

Among the main countries of destination, Trinidad and Tobago, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average industrial bakery machinery export price stood at $X per unit in 2023, reducing by X% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2019 to 2023, the average 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 Germany ($X per unit), while the average price for exports to Iran ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Trinidad and Tobago (X%), while the prices for the other major destinations experienced more modest paces of growth.

Industrial Bakery Machinery Imports

Imports into Sweden

In 2023, the amount of industrial bakery machinery imported into Sweden contracted to X units, shrinking by X% against the previous year's figure. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when imports increased by X%. As a result, imports attained the peak of X units. From 2018 to 2023, the growth of imports remained at a somewhat lower figure.

In value terms, industrial bakery machinery imports reduced to $X in 2023. In general, imports saw a slight decrease. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2023, the growth of imports remained at a lower figure.

Imports by Country

Denmark (X units), Belgium (X units) and Italy (X units) were the main suppliers of industrial bakery machinery imports to Sweden, together accounting for X% of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Belgium (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest industrial bakery machinery suppliers to Sweden were Denmark ($X), Italy ($X) and Germany ($X), together accounting for X% of total imports. Belgium, Turkey, China, Estonia, the Netherlands, France, the United States, Finland, Spain and Lebanon lagged somewhat behind, together comprising a further X%.

Belgium, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2023, the average industrial bakery machinery import price amounted to $X per unit, picking up by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2017 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2023 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for Lebanon ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by France (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform