Bending and folding machines market in Sweden

Earlier Report Observations

In 2018, the Swedish market for bending and folding machines was characterized by the continued development of specialized machinery for tube processing. Companies like Klemensson Machining AB offered customized solutions for tube bending and finishing, strengthening competitive positions and indicating a trend toward technological specialization. The market volume then reached $58.8 million in 2019, grew by 24% to $72.9 million in 2020, before experiencing a 3.4% contraction to $70.5 million in 2021.

By 2024, the market was being shaped by global technological trends, including AI-driven optimization, IoT-enabled remote diagnostics, and a focus on energy efficiency, which significantly reduced downtime and energy consumption. Furthermore, the market for used industrial machinery, including bending machines, showed strong growth in Sweden, with increased digital sales and demand influencing investment decisions and fleet renewals, driving the market toward more intelligent and sustainable bending solutions.

Production bending and folding machines in Sweden

In value, 2017-2020, K $ US

In 2020, Sweden's output of bending and folding machines was valued at 67 904 thousand US dollars, marking a 20.4% increase compared to the previous year.

Annual dynamics of production in Sweden in value, 2017-2020, K $ US

Exports bending and folding machines from Sweden

Exports in kind, t

Sweden's exports of bending and folding machines declined for the second consecutive year. In 2020, export volume amounted to 1 036 tonnes, representing a 30.8% year-over-year decrease. Between 2017 and 2020, exports fell by 48.1%, which translates to an annualized decline of 19.6%. The highest export volume was recorded in 2018 at 2 017 tonnes, with the largest increase that year at 1.1%.

Annual dynamics of product's exports from Sweden in kind, 2017-2020, t

From 2017 to 2020, Sweden's exports of bending and folding machines in kind were not heavily concentrated. The United States accounted for 27.8% of exports, the Netherlands for 9.2%, and Germany for 8.1%, with these three countries together capturing 45.1% of total flows.

Structure of product's exports in kind by countries, 2017-2020

World map of product's exports from Sweden in kind, 2017-2020

Exports in value, K $ US

Sweden's exports of bending and folding machines declined for the third consecutive year. In 2020, export volume reached 15 662 thousand US dollars, indicating a 36.6% drop compared to 2019. Between 2017 and 2020, exports decreased by 54.3%, equating to an annualized decline of 22.9%.

Annual dynamics of product's exports from Sweden in value, 2017-2020, K $ US

From 2017 to 2020, the United States led the structure of exports in value terms with 31.9%, followed by the Netherlands at 13.8% and Germany at 7.4%. Together, these three countries represented 53.1% of total export flows.

Structure of product's exports in value by countries, 2017-2020

World map of product's exports from Sweden in value, 2017-2020

Imports bending and folding machines to Sweden

Imports in kind, t

Sweden's imports of bending and folding machines declined for the second consecutive year. In 2020, import volume amounted to 1 350 tonnes, which is 23.1% lower than the previous year. Between 2017 and 2020, imports decreased by 16.4%, translating to an annualized decline of 5.8%. The highest import volume was recorded in 2018 at 1 769 tonnes, with the largest increase that year at 9.5%.

Annual dynamics of product's imports to Sweden in kind, 2017-2020, t

The country composition of Sweden's imports in kind from 2017 to 2020 was dispersed. Germany accounted for 22.5% of imports, China for 14.1%, and Turkey for 13.2%, with these three countries together forming 49.8% of total flows, while the remaining 50.2% was split among a wide range of other destinations.

Structure of product's imports in kind by countries, 2017-2020

World map of product's imports to Sweden in kind, 2017-2020

Imports in value, K $ US

Sweden's imports of bending and folding machines declined for the second consecutive year. In 2020, imports reached 20 690 thousand US dollars, reflecting a 23.8% decline from 2019. Between 2017 and 2020, imports decreased by 18.1%, equating to an annualized decline of 6.5%. The highest import value was recorded in 2018 at 28 076 thousand US dollars, with the largest increase that year at 11.1%.

Annual dynamics of product's imports to Sweden in value, 2017-2020, K $ US

Throughout 2017 to 2020, Germany, Italy, and Austria formed the core group of markets for Sweden's imports in value terms. Germany accounted for 27.5%, Italy for 25.8%, and Austria for 11.2%, with these three countries together representing 64.6% of total import flows.

Structure of product's imports in value by countries, 2017-2020

World map of product's imports to Sweden in value, 2017-2020