Earlier Report Observations
The Swedish market for resistance welding machines saw substantial expansion in physical volume from 2020 to 2022. Market size in units surged from 9 684 in 2020 to 20 183 in 2021 and further to 38 111 units in 2022, representing rapid consecutive growth. In value terms, the market increased more steadily from 312.3 million US dollars in 2020 to 366.9 million in 2021 and 426.2 million in 2022.
Domestic production of resistance welding machines remained relatively stable over this three-year period. Output volumes were 14 914 units in 2020, dipped to 13 881 units in 2021, and recovered to 14 921 units in 2022. The production value showed gradual growth from 556.4 million US dollars in 2020 to 593.9 million in 2021 and 604.5 million in 2022.
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, M $ 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, M $ US
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5.1. Production in Sweden
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6. Imports
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6.1. Imports (Direct Data)
- 6.1.1. Imports - Total information
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6.1.2. Imports in kind, K unit
- 6.1.2.1. Annual dynamics of product's imports to Sweden in kind, 2018-2024, K unit
- 6.1.2.2. Dynamics of product's imports in kind to Sweden by countries, 2018-2024, K unit
- 6.1.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.1.3. Imports in value, M $ US
- 6.1.3.1. Annual dynamics of product's imports to Sweden in value, 2018-2024, M $ US
- 6.1.3.2. Dynamics of product's imports in value to Sweden by countries, 2018-2024, M $ US
- 6.1.3.3. Structure of product's imports in value by countries, 2018-2024
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6.1.4. Average price of product's imports, K $ US/unit
- 6.1.4.1. Annual dynamics of average price of product's imports to Sweden, 2018-2024, K $ US/unit
- 6.1.4.2. Dynamics of average price of product's imports to Sweden by countries, 2018-2024, K $ US/unit
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6.2. Imports (Mirror Data)
- 6.2.1. Imports - Total information
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6.2.2. Imports in kind, K unit
- 6.2.2.1. Annual dynamics of product's imports to Sweden in kind, 2018-2024, K unit
- 6.2.2.2. Dynamics of product's imports in kind to Sweden by countries, 2018-2024, K unit
- 6.2.2.3. Structure of product's imports in kind by countries, 2018-2024
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6.2.3. Imports in value, M $ US
- 6.2.3.1. Annual dynamics of product's imports to Sweden in value, 2018-2024, M $ US
- 6.2.3.2. Dynamics of product's imports in value to Sweden by countries, 2018-2024, M $ US
- 6.2.3.3. Structure of product's imports in value by countries, 2018-2024
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6.2.4. Average price of product's imports, K $ US/unit
- 6.2.4.1. Annual dynamics of average price of product's imports to Sweden, 2018-2024, K $ US/unit
- 6.2.4.2. Dynamics of average price of product's imports to Sweden by countries, 2018-2024, K $ US/unit
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6.1. Imports (Direct Data)
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7. Exports
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7.1. Exports (Direct Data)
- 7.1.1. Exports - Total information
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7.1.2. Exports in kind, K unit
- 7.1.2.1. Annual dynamics of product's exports from Sweden in kind, 2018-2024, K unit
- 7.1.2.2. Dynamics of product's exports in kind from Sweden by countries, 2018-2024, K unit
- 7.1.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.1.3. Exports in value, M $ US
- 7.1.3.1. Annual dynamics of product's exports from Sweden in value, 2018-2024, M $ US
- 7.1.3.2. Dynamics of product's exports in value from Sweden by countries, 2018-2024, M $ US
- 7.1.3.3. Structure of product's exports in value by countries, 2018-2024
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7.1.4. Average price of product's exports, K $ US/unit
- 7.1.4.1. Annual dynamics of average price of product's exports from Sweden, 2018-2024, K $ US/unit
- 7.1.4.2. Dynamics of average price of product's exports from Sweden by countries, 2018-2024, K $ US/unit
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7.2. Exports (Mirror Data)
- 7.2.1. Exports - Total information
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7.2.2. Exports in kind, K unit
- 7.2.2.1. Annual dynamics of product's exports from Sweden in kind, 2018-2024, K unit
- 7.2.2.2. Dynamics of product's exports in kind from Sweden by countries, 2018-2024, K unit
- 7.2.2.3. Structure of product's exports in kind by countries, 2018-2024
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7.2.3. Exports in value, M $ US
- 7.2.3.1. Annual dynamics of product's exports from Sweden in value, 2018-2024, M $ US
- 7.2.3.2. Dynamics of product's exports in value from Sweden by countries, 2018-2024, M $ US
- 7.2.3.3. Structure of product's exports in value by countries, 2018-2024
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7.2.4. Average price of product's exports, K $ US/unit
- 7.2.4.1. Annual dynamics of average price of product's exports from Sweden, 2018-2024, K $ US/unit
- 7.2.4.2. Dynamics of average price of product's exports from Sweden by countries, 2018-2024, K $ US/unit
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7.1. Exports (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, M $ US
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8.2. Trade balance (Mirror Data)
- 8.2.1. In kind, K unit
- 8.2.2. In value, M $ 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 resistance welding machines in Sweden
In value, 2017-2020, M $ US
Annual dynamics of production in Sweden in value, 2017-2020, M $ 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 resistance welding machines from Sweden
Exports in kind, K unit
The market exhibited volatility during the observed period. Exports reached their lowest point in 2020, while the peak occurred in 2018, with a 1 239-fold difference between these years. In 2020, deliveries of resistance welding machines from Sweden totaled 6 thousand units, representing a dramatic 99.8% decrease compared to the previous year. The maximum value was recorded in 2018 at 6 966 thousand units. The largest increase was observed in 2018, with a growth of 77.1%.
Annual dynamics of product's exports from Sweden in kind, 2017-2020, K unit
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 77.1% | (53.4%) | (99.8%) | (88.7%) |
From 2017 to 2020, the leading destinations for Sweden's exports of resistance welding machines in kind were Estonia, accounting for 30.6% of exports, Norway with 24.5%, and Spain at 14.3%. Together, these three countries represented 69.4% of total export 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, M $ US
After a two-year decline, Sweden's exports of resistance welding machines in value terms showed an increase. In 2020, exports amounted to 249.9 million US dollars, marking a moderate rise of 3.4% compared to 2019. Between 2017 and 2020, exports decreased by 24.1%, which translates to an annualized rate of 8.8%. The lowest value was recorded in 2019 at 241.7 million US dollars, with the largest decline of 16.0% occurring that same year.
Annual dynamics of product's exports from Sweden in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (12.6%) | (16.0%) | 3.4% | (8.8%) |
From 2017 to 2020, Germany, Italy, and Spain remained the top destinations for Sweden's exports of resistance welding machines in value terms. Germany accounted for 35.2% of exports, Italy for 13.2%, and Spain for 8.5%. Collectively, these three countries represented 56.9% 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 resistance welding machines to Sweden
Imports in kind, K unit
Foreign supplies of resistance welding machines to Sweden declined for the third consecutive year. In 2020, Sweden imported a total of 0.4 thousand units of resistance welding machines, marking a significant fall of 93.7% compared to 2019. Between 2017 and 2020, imports decreased by 97.8%, equating to an annualized rate of 72.1%.
Annual dynamics of product's imports to Sweden in kind, 2017-2020, K unit
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | (51.7%) | (28.6%) | (93.7%) | (72.1%) |
Structure of product's imports in kind by countries, 2017-2020
Imports in value, M $ US
Sweden imported approximately 5.8 million US dollars worth of resistance welding machines in 2020, marking a sharp increase of 45.3% over the previous year. Over the period from 2017 to 2020, imports decreased by 27.5%, with a compound annual growth rate of -10.1%. The minimum value was recorded in 2019 at 4.0 million US dollars, while the maximum was in 2018 at 9.7 million US dollars. The largest decline occurred in 2019, with a drop of 59.2%.
Annual dynamics of product's imports to Sweden in value, 2017-2020, M $ US
| Parameter | 2018 | 2019 | 2020 | CAGR | |
|---|---|---|---|---|---|
| 1 | Change from last year | 22.3% | (59.2%) | 45.3% | (10.1%) |
From 2017 to 2020, Poland, Germany, and Norway continued to be the leading suppliers of resistance welding machines to Sweden in value terms. Poland accounted for 43.0% of imports, Germany for 10.8%, and Norway for 9.9%. Together, these three countries represented 63.7% 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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