Crawler tractors market in Sweden

Earlier Report Observations

The Swedish crawler tractor market experienced shifts in volume and steady growth in value between 2020 and 2023. Measured in units, market size dropped from 72 in 2020 to 46 in 2021, then partially recovered to 59 units by 2023. In monetary terms, however, the market expanded consistently from USD 8.3 million in 2020 to USD 10.2 million in 2023, indicating a rise in average value per unit.

Global technological trends such as the adoption of GPS guidance, telematics, and precision farming automation have been shaping the European tractor sector and are relevant to the Swedish market. These advancements encourage modernization and can support demand for newer, more capable crawler tractors.

Production crawler tractors in Sweden

In value, 2017-2020, K $ US

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

In kind, 2017-2020, unit

Annual dynamics of production in Sweden in kind, 2017-2020, unit

Exports crawler tractors from Sweden

Exports in kind, unit

After a two-year decline, deliveries of crawler tractors from Sweden rebounded in 2020. Exports reached 61.0 units, showing a sharp year-over-year increase of 29.8%. Over the period from 2017 to 2020, exports decreased by 45.5%, which translates to an annualized decline rate of 18.3%. The lowest point was recorded in 2019 at 47.0 units, with the largest year-over-year drop of 53.9% occurring that same year.

Annual dynamics of product's exports from Sweden in kind, 2017-2020, unit

From 2017 to 2020, exports of crawler tractors from Sweden were not heavily concentrated in a few key markets. Germany accounted for 19.9% of exports in kind, Norway for 16.5%, and the United States for 9.3%. Together, these three countries represented only 45.7% of total export flows, indicating a relatively diversified market distribution.

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

The market for crawler tractors from Sweden showed significant volatility during these years. The highest export value was recorded in 2018 at 6 195 K $ US, while the lowest was in 2019 at 2 964 K $ US, reflecting a 2.1-fold gap between these two years. In 2020, export volumes reached 4 264 K $ US, which is 43.9% higher than the previous year. The largest decline occurred in 2019 with a drop of 52.2%, and the largest increase was in 2018 with a rise of 104.7%.

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

Between 2017 and 2020, the buyer portfolio for crawler tractors from Sweden was broad. Germany contributed 23.2% of exports in value terms, the United States 10.2%, and Norway 9.6%. Combined, these three countries made up only 43.0% of total export value, with many other countries holding smaller but still notable shares.

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

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

Imports crawler tractors to Sweden

Imports in kind, unit

In 2020, Sweden's imports of crawler tractors amounted to 49.0 units, showing little change from 2019. Over the period from 2017 to 2020, imports increased by 22.5%, with a compound annual growth rate of 7.0%. The peak was recorded in 2018 at 64.0 units. The largest decline occurred in 2019 with a drop of 23.4%, while the largest increase was in 2018 with a rise of 60.0%.

Annual dynamics of product's imports to Sweden in kind, 2017-2020, unit

From 2017 to 2020, three main markets—Germany, Italy, and China—together accounted for 70.8% of total imports in kind of crawler tractors to Sweden.

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

After a two-year upward trend, import volumes of crawler tractors to Sweden declined in 2020. The import value came to 8 240 K $ US, marking a decrease of 19.1% compared to 2019. Between 2017 and 2020, imports increased by 3.9%, equating to an annualized growth rate of 1.3%. The highest value was recorded in 2019 at 10 181 K $ US. The largest increase occurred in 2018 with a rise of 27.4%.

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

In the period from 2017 to 2020, Germany and Italy together represented 86.2% of total imports in value terms for crawler tractors to Sweden, with other countries forming a diversified but less significant portion of the import market.

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

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