Earlier Report Observations
Between 2018 and 2024, Sweden's imports of hydraulic vehicle jacks and hoists in physical terms fell substantially, from 448.5 thousand units to 277.6 thousand units. The most pronounced decline occurred after 2020, contributing to a sharp contraction in the total available market volume, which dropped from 349.5 thousand units in 2020 to 179.5 thousand units in 2022. Over the same period, exports of these products demonstrated growth, increasing from 60.9 thousand units to 109.1 thousand units, which further reduced the net volume of goods available on the domestic market.
In value terms, the market dynamics differed. While import value declined from 30.1 million USD in 2018 to 16.5 million USD in 2024, export value rose significantly from 4.0 million USD to 10.4 million USD. This shift resulted in a smaller domestic market value, which stood at 9.8 million USD in 2020, fell to 7.0 million USD in 2021, and partially recovered to 8.3 million USD in 2022. Domestic production remained at a low level throughout the observed years, with output not exceeding 1.0 thousand units annually.
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
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4.1. In kind
- 4.1.1. Production, 2020-2022
- 4.1.2. Imports, 2018-2024
- 4.1.3. Exports, 2018-2024
- 4.1.4. Market size, 2020-2022
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4.2. In value
- 4.2.1. Production, 2020-2022
- 4.2.2. Imports, 2018-2024
- 4.2.3. Exports, 2018-2024
- 4.2.4. Market size, 2020-2022
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4.1. In kind
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5. Production
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5.1. Production in Sweden
- 5.1.1. In kind, 2020-2022, unit
- 5.1.2. In value, 2020-2022, K $ US
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5.2. Production in the EU, 2018-2024
- 5.2.1. In kind, 2018-2024, unit
- 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, K unit
- 6.1.2.1. Annual dynamics of product's exports from Sweden in kind, 2018-2024, K unit
- 6.1.2.2. Dynamics of product's exports in kind from Sweden by countries, 2018-2024, K unit
- 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/unit
- 6.1.4.1. Annual dynamics of average price of product's exports from Sweden, 2018-2024, $ US/unit
- 6.1.4.2. Dynamics of average price of product's exports from Sweden by countries, 2018-2024, $ US/unit
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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, K unit
- 6.2.2.1. Annual dynamics of product's exports from Sweden in kind, 2018-2024, K unit
- 6.2.2.2. Dynamics of product's exports in kind from Sweden by countries, 2018-2024, K unit
- 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/unit
- 6.2.4.1. Annual dynamics of average price of product's exports from Sweden, 2018-2024, $ US/unit
- 6.2.4.2. Dynamics of average price of product's exports from Sweden by countries, 2018-2024, $ US/unit
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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, K unit
- 7.1.2.1. Annual dynamics of product's imports to Sweden in kind, 2018-2024, K unit
- 7.1.2.2. Dynamics of product's imports in kind to Sweden by countries, 2018-2024, K unit
- 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/unit
- 7.1.4.1. Annual dynamics of average price of product's imports to Sweden, 2018-2024, $ US/unit
- 7.1.4.2. Dynamics of average price of product's imports to Sweden by countries, 2018-2024, $ US/unit
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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, K unit
- 7.2.2.1. Annual dynamics of product's imports to Sweden in kind, 2018-2024, K unit
- 7.2.2.2. Dynamics of product's imports in kind to Sweden by countries, 2018-2024, K unit
- 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/unit
- 7.2.4.1. Annual dynamics of average price of product's imports to Sweden, 2018-2024, $ US/unit
- 7.2.4.2. Dynamics of average price of product's imports to Sweden by countries, 2018-2024, $ US/unit
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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, K unit
- 8.1.2. In value, K $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, K unit
- 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 hydraulic vehicle jacks and hoists 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, unit
Annual dynamics of production in Sweden in kind, 2017-2020, unit
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | n/a | n/a | n/a | - |
Exports hydraulic vehicle jacks and hoists from Sweden
Exports in kind, K unit
Market performance showed noticeable fluctuations during this period. Exports reached their lowest point in 2017 and peaked in 2019, with a 2.1-fold difference between these years. In 2020, Sweden exported 65.0 K units of hydraulic vehicle jacks and hoists, marking a dramatic year-on-year decline of 37.5%. The maximum volume was recorded in 2019 at 104.1 K units, which also saw the largest increase of 70.9%.
Annual dynamics of product's exports from Sweden in kind, 2017-2020, K unit
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 23.0% | 70.9% | (37.5%) | 9.5% |
From 2017 to 2020, three principal markets—Poland, Norway, and Finland—collectively accounted for 73.3% of Sweden's total exports in kind of hydraulic vehicle jacks and hoists.
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
Exports of hydraulic vehicle jacks and hoists from Sweden increased for the third consecutive year. In 2020, exports totaled 6 195 K US dollars, representing a rise of 24.0% compared to the previous year. Over the period from 2017 to 2020, exports grew by 68.1%, with a compound annual growth rate of 18.9%.
Annual dynamics of product's exports from Sweden in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 9.2% | 24.1% | 24.0% | 18.9% |
Throughout 2017–2020, Norway, Finland, and Denmark formed the core of Sweden's exports in value terms, accounting for 35.3%, 15.2%, and 12.7% of total exports, respectively. Together, these three countries took 63.2% of the 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 hydraulic vehicle jacks and hoists to Sweden
Imports in kind, K unit
Imports of hydraulic vehicle jacks and hoists into Sweden declined for the second consecutive year. In 2020, Sweden imported 413.7 K units, corresponding to a 7.0% decrease compared to 2019. Between 2017 and 2020, imports fell by 2.5%, equating to an annualized rate of 0.8%. The maximum volume was recorded in 2018 at 448.5 K units, which also saw the largest increase of 5.7%.
Annual dynamics of product's imports to Sweden in kind, 2017-2020, K unit
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 5.7% | (0.9%) | (7.0%) | (0.8%) |
From 2017 to 2020, China, Turkey, and the Netherlands remained the key partners for Sweden's imports in kind, accounting for 42.9%, 36.0%, and 15.0% of total imports, respectively. Together, these three countries represented 93.9% of 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
In 2020, Sweden imported 15 414 K US dollars worth of hydraulic vehicle jacks and hoists, reflecting a moderate rise of 7.5% compared to 2019. Over the period from 2017 to 2020, imports decreased by 44.1%, with an annualized rate of 17.6%. The minimum value was recorded in 2019 at 14 340 K US dollars, while the maximum was in 2018 at 30 125 K US dollars. The largest decline occurred in 2019 at 52.4%, and the largest increase was in 2018 at 9.2%.
Annual dynamics of product's imports to Sweden in value, 2017-2020, K $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 9.2% | (52.4%) | 7.5% | (17.6%) |
Throughout 2017–2020, Finland, China, and the Netherlands played leading roles in Sweden's imports in value terms of hydraulic vehicle jacks and hoists, accounting for 32.4%, 28.9%, and 15.7% of total imports, respectively. Jointly, these three countries took 77.0% 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
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