Machines for manufacturing or hot working glass or glassware market in Sweden

Earlier Report Observations

From 2018 to 2024, Sweden's trade in glassworking machines was characterized by high export volumes and low imports. Exports surged from 49.1 million US dollars in 2018 to 89.6 million in 2019, then dropped to 42.0 million in 2020 and 24.7 million in 2021, before recovering to around 70 million from 2022 onward. Imports remained modest, generally below 4 million dollars, with a peak of 3.9 million in 2023.

Available data for production and market size show that domestic output reached 85.7 million dollars in 2020, contributing to a market size of 45.0 million. In 2021, production fell to 76.3 million dollars, but the market size grew to 52.1 million due to a sharp decline in exports. By 2022, production jumped to 119.2 million dollars, while the market size slightly retreated to 50.3 million as exports rebounded.

The domestic market for glassworking machines in Sweden remained relatively stable between 45 and 52 million dollars from 2020 to 2022. Fluctuations in production and export values indicate that the sector is influenced more by external demand than by changes in domestic consumption.

Production machines for manufacturing or hot working glass or glassware in Sweden

In value, 2017-2020, K $ US

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

Exports machines for manufacturing or hot working glass or glassware from Sweden

Exports in kind, K unit

The market displayed volatility during the observed period. Exports reached their highest point in 2019 and dropped to their lowest in 2020, with a 2.3-fold difference between these years. In 2020, exports of machines for manufacturing or hot working glass or glassware from Sweden stood at 856 K units, representing a 55.6% decrease from 2019. The maximum value was recorded in 2019 at 1 929 K units, with the largest increase of 83.2% also occurring that year.

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

From 2017 to 2020, exports in kind of machines for manufacturing or hot working glass or glassware from Sweden were distributed across numerous countries. Mexico accounted for 19.4% of exports in kind, the United States for 9.5%, and Germany for 9.5%, with these three countries together making up 38.4% 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

The market showed an unstable trend over the timeframe. Exports peaked in 2019 and hit their lowest point in 2020, with a 2.1-fold gap between these years. In 2020, exports of machines for manufacturing or hot working glass or glassware from Sweden were recorded at 41 953 K US dollars, indicating a 53.2% loss compared to the previous year. The maximum value was recorded in 2019 at 89 626 K US dollars, with the largest increase of 82.4% also occurring that year.

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

From 2017 to 2020, exports in value terms of machines for manufacturing or hot working glass or glassware from Sweden were spread across many countries. Mexico accounted for 18.7% of exports in value terms, the United States for 10.4%, and Germany for 9.4%, with these three countries jointly accounting for 38.5% of total 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 machines for manufacturing or hot working glass or glassware to Sweden

Imports in kind, K unit

Volatility characterized the market behavior during these years. Imports reached their maximum in 2019 and fell to their lowest point in 2020, a swing of 2.6 times. In 2020, imported volumes of machines for manufacturing or hot working glass or glassware in Sweden amounted to 19 K units, marking an abrupt decrease of 61.1% from the year earlier. The maximum value was recorded in 2019 at 50 K units, with the largest increase of 139.2% also occurring that year.

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

Throughout 2017 to 2020, Malaysia and Norway were the principal directions for imports in kind, jointly taking 81.5% of total flows, while other partners each accounted for significantly smaller shares.

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

The data reveals irregular changes, indicating a volatile market environment. Imports peaked in 2019 and reached their lowest point in 2018, with a 5.3-fold gap between these years. In 2020, Sweden imported a total of 1 206 K US dollars of machines for manufacturing or hot working glass or glassware, marking a sudden reduction of 43.1% versus the previous year. The minimum value was recorded in 2018 at 402 K US dollars, while the maximum was in 2019 at 2 120 K US dollars. The largest decline of 45.4% occurred in 2018, and the largest increase of 427.7% was recorded in 2019.

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

Over 2017 to 2020, Malaysia accounted for 45.6% of imports in value terms, the United States for 27.8%, and Germany for 18.0%, with these three countries together absorbing 91.4% of total imports in value terms of machines for manufacturing or hot working glass or glassware to Sweden, making them the main directions.

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

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