Earlier Report Observations
The Swedish market for base metal castors with mountings experienced significant fluctuations between 2020 and 2024. In physical terms, market volume grew from 2 361 t in 2020 to 2 662 t in 2021 and reached 2 596 t in 2022, before a sharp contraction to 1 839 t in 2023. A partial recovery followed in 2024, with volume climbing to 2 444 t. A similar pattern was observed in market value, which rose from 12.9 million USD in 2020 to a high of 16.4 million USD in 2022, then dropped to 12.9 million USD in 2023 and increased again to 14.3 million USD in 2024.
The market rebound in 2024 aligned with a period of rising global demand for caster wheels, particularly from the industrial automation, healthcare, automotive, and retail sectors. This growth was supported by broader trends in product innovation, quality focus, and customization. The preceding decline in 2023 represented a substantial market correction, interrupting the earlier expansion phase.
Table of content
- 1. Disclaimer
- 2. Terms of use of the report
- 3. Product codes in the statistical classifications used in the report
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4. Key Market Indicators and Trends
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4.1. Key Market Indicators
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4.1.1. In kind
- 4.1.1.1. Production, 2020-2024
- 4.1.1.2. Imports, 2018-2024
- 4.1.1.3. Exports, 2018-2024
- 4.1.1.4. Market size, 2020-2024
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4.1.2. In value
- 4.1.2.1. Production, 2020-2024
- 4.1.2.2. Imports, 2018-2024
- 4.1.2.3. Exports, 2018-2024
- 4.1.2.4. Market size, 2020-2024
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4.1.1. In kind
- 4.2. Market Trends and Factors
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4.1. Key Market Indicators
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5. Production
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5.1. Production in Sweden
- 5.1.1. In kind, 2020-2024, t
- 5.1.2. In value, 2020-2024, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, t
- 5.2.2. In value, 2018-2024, K $ US
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5.1. Production in Sweden
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6. Exports
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6.1. Exports (Direct Data)
- 6.1.1. Exports - Total information
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6.1.2. Exports in kind, t
- 6.1.2.1. Annual dynamics of product's exports from Sweden in kind, 2018-2024, t
- 6.1.2.2. Dynamics of product's exports in kind from Sweden by countries, 2018-2024, t
- 6.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.1.3. Exports in value, K $ US
- 6.1.3.1. Annual dynamics of product's exports from Sweden in value, 2018-2024, K $ US
- 6.1.3.2. Dynamics of product's exports in value from Sweden by countries, 2018-2024, K $ US
- 6.1.3.3. Structure of product's exports in value by countries, 2018-2024
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6.1.4. Average price of product's exports, $ US/t
- 6.1.4.1. Annual dynamics of average price of product's exports from Sweden, 2018-2024, $ US/t
- 6.1.4.2. Dynamics of average price of product's exports from Sweden by countries, 2018-2024, $ US/t
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6.2. Exports (Mirror Data)
- 6.2.1. Exports - Total information
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6.2.2. Exports in kind, t
- 6.2.2.1. Annual dynamics of product's exports from Sweden in kind, 2018-2024, t
- 6.2.2.2. Dynamics of product's exports in kind from Sweden by countries, 2018-2024, t
- 6.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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6.2.3. Exports in value, K $ US
- 6.2.3.1. Annual dynamics of product's exports from Sweden in value, 2018-2024, K $ US
- 6.2.3.2. Dynamics of product's exports in value from Sweden by countries, 2018-2024, K $ US
- 6.2.3.3. Structure of product's exports in value by countries, 2018-2024
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6.2.4. Average price of product's exports, $ US/t
- 6.2.4.1. Annual dynamics of average price of product's exports from Sweden, 2018-2024, $ US/t
- 6.2.4.2. Dynamics of average price of product's exports from Sweden by countries, 2018-2024, $ US/t
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6.1. Exports (Direct Data)
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7. Imports
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7.1. Imports (Direct Data)
- 7.1.1. Imports - Total information
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7.1.2. Imports in kind, t
- 7.1.2.1. Annual dynamics of product's imports to Sweden in kind, 2018-2024, t
- 7.1.2.2. Dynamics of product's imports in kind to Sweden by countries, 2018-2024, t
- 7.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.1.3. Imports in value, K $ US
- 7.1.3.1. Annual dynamics of product's imports to Sweden in value, 2018-2024, K $ US
- 7.1.3.2. Dynamics of product's imports in value to Sweden by countries, 2018-2024, K $ US
- 7.1.3.3. Structure of product's imports in value by countries, 2018-2024
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7.1.4. Average price of product's imports, $ US/t
- 7.1.4.1. Annual dynamics of average price of product's imports to Sweden, 2018-2024, $ US/t
- 7.1.4.2. Dynamics of average price of product's imports to Sweden by countries, 2018-2024, $ US/t
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7.2. Imports (Mirror Data)
- 7.2.1. Imports - Total information
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7.2.2. Imports in kind, t
- 7.2.2.1. Annual dynamics of product's imports to Sweden in kind, 2018-2024, t
- 7.2.2.2. Dynamics of product's imports in kind to Sweden by countries, 2018-2024, t
- 7.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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7.2.3. Imports in value, K $ US
- 7.2.3.1. Annual dynamics of product's imports to Sweden in value, 2018-2024, K $ US
- 7.2.3.2. Dynamics of product's imports in value to Sweden by countries, 2018-2024, K $ US
- 7.2.3.3. Structure of product's imports in value by countries, 2018-2024
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7.2.4. Average price of product's imports, $ US/t
- 7.2.4.1. Annual dynamics of average price of product's imports to Sweden, 2018-2024, $ US/t
- 7.2.4.2. Dynamics of average price of product's imports to Sweden by countries, 2018-2024, $ US/t
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7.1. Imports (Direct Data)
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8. Trade balance
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8.1. Trade balance (Direct Data)
- 8.1.1. In kind, t
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, t
- 8.2.2. In value, K $ US
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8.1. Trade balance (Direct Data)
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9. Top buying and selling countries, 2018-2024
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9.1. Direct Data
- 9.1.1. Import in Value by Countries-buyers
- 9.1.2. Export in Value by Countries-suppliers
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9.2. Mirror Data
- 9.2.1. Import in Value by Countries-buyers
- 9.2.2. Export in Value by Countries-suppliers
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9.1. Direct Data
Production castors with mountings in Sweden
In value, 2017-2020, K $ US
Annual dynamics of production in Sweden in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
In kind, 2017-2020, t
Annual dynamics of production in Sweden in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Exports castors with mountings from Sweden
Exports in kind, t
Sweden's exports of castors with mountings declined for the second year in a row. In 2020, the country exported 1 729 tonnes, which represents a modest decrease of 3.6% compared to 2019. The highest export volume was recorded in 2018 at 1 839 tonnes, marking a significant increase of 7.8% from the previous year.
Annual dynamics of product's exports from Sweden in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 7.8% | (2.5%) | (3.6%) | 0.5% |
From 2017 to 2020, Finland, the United Kingdom, and Norway consistently led Sweden's export markets for castors with mountings in volume terms. Finland accounted for 31.6% of exports, followed by the United Kingdom at 9.5% and Norway at 9.0%. Together, these three countries represented 50.1% of Sweden's total export flows during this period.
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
In 2020, Sweden's exports of castors with mountings reached 11 041 thousand US dollars, showing a slight year-over-year increase of 1.3%. Over the 2017-2020 period, exports grew by 3.9%, with an average annual growth rate of 1.3%. The peak value was recorded in 2018 at 11 334 thousand US dollars, which was 6.7% higher than in 2017. However, exports experienced a decline of 3.9% in 2019.
Annual dynamics of product's exports from Sweden in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 6.7% | (3.9%) | 1.3% | 1.3% |
Between 2017 and 2020, Sweden exported castors with mountings to a diverse range of markets. Even the top three destinations—Finland, Norway, and Denmark—collectively accounted for only 47.8% of total export value, highlighting the broad distribution of these goods.
Structure of product's exports in value by countries, 2017-2020
World map of product's exports from Sweden in value, 2017-2020
Imports castors with mountings to Sweden
Imports in kind, t
Sweden's imports of castors with mountings fell for the third consecutive year. In 2020, imports totaled 1 554 tonnes, reflecting a substantial decrease of 21.8% compared to 2019. From 2017 to 2020, imports dropped by 25.9%, which translates to an average annual decline of 9.5%.
Annual dynamics of product's imports to Sweden in kind, 2017-2020, t
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (4.3%) | (1.0%) | (21.8%) | (9.5%) |
During the 2017-2020 period, Germany, China, and France were the primary sources of Sweden's imports of castors with mountings in volume terms. Germany led with 53.5% of imports, followed by China at 14.5% and France at 12.0%. Together, these three countries made up 80.0% of Sweden's total import flows.
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 castors with mountings in value terms declined for the third year in a row. In 2020, imports were recorded at 10 989 thousand US dollars, indicating a modest reduction of 6.8% from 2019. Over the 2017-2020 span, imports decreased by 12.6%, with an average annual decline of 4.4%.
Annual dynamics of product's imports to Sweden in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (1.7%) | (4.6%) | (6.8%) | (4.4%) |
From 2017 to 2020, Germany, France, and China dominated Sweden's imports of castors with mountings in value terms. Germany accounted for 52.2% of imports, France for 15.6%, and China for 11.4%. Collectively, these three countries represented 79.3% of total import value, solidifying their position as the main suppliers to Sweden.
Structure of product's imports in value by countries, 2017-2020
World map of product's imports to Sweden in value, 2017-2020
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