Tools for pressing, stamping or punching market in Sweden

Earlier Report Observations

The market for pressing, stamping, and punching tools in Sweden declined steadily from $79.3 million in 2018 to $47.3 million in 2022, with production and import values also falling during this period. A sharp recovery began in 2023, lifting the market to $59.9 million, and growth continued to $67.9 million in 2024. The expansion in 2024 was driven by industry efforts to improve production efficiency and minimize raw material waste, which increased demand for advanced multi-slide automatics and high-precision tooling technology.

Production pressing, stamping and punching tools in Sweden

In value, 2017-2020, K $ US

In Sweden, the output of tools for pressing, stamping, or punching was valued at 56 710 K $ US in 2020, marking a sharp year-over-year reduction of 32.3%. Over the period from 2017 to 2020, production decreased by 35.5%, with a compound annual growth rate of 13.6%. The largest increase occurred in 2019, at 1.8%.

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

In kind, 2017-2020, t

The market exhibited significant volatility during these years. Production volume varied by 5.2 times between the maximum in 2017 and the minimum in 2020. In 2020, Sweden produced 1 867 t of tools for pressing, stamping, or punching, reflecting a decline of 40.6% compared to the previous year. The largest decline was recorded in 2018, at 73.3%, while the largest increase occurred in 2019, at 21.5%.

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

Exports pressing, stamping and punching tools from Sweden

Exports in kind, t

Export volumes showed considerable volatility during this period. The trough was in 2017, and the peak was in 2019, with a 2.1-fold gap between these years. In 2020, Sweden exported 1 000 t of tools for pressing, stamping, or punching, representing a decline of 38.9% relative to the prior year. The maximum value was recorded in 2019, at 1 637 t, and the largest increase occurred in 2018, at 79.8%.

Annual dynamics of product's exports from Sweden in kind, 2017-2020, t

From 2017 to 2020, China, Poland, and Norway were the main destinations for Sweden's exports of tools for pressing, stamping, or punching in kind. China accounted for 55.4% of exports in kind, Poland for 6.6%, and Norway for 5.7%, together making up 67.7% of total exports in kind.

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

After a two-year increase, exports of tools for pressing, stamping, or punching from Sweden declined. In 2020, exports totaled 18 601 K $ US, marking a decrease of 46.9% compared to the previous year. Over the period from 2017 to 2020, exports decreased by 16.6%, with a compound annual growth rate of 5.9%. The maximum value was recorded in 2019, at 35 035 K $ US, and the largest increase also occurred in 2019, at 28.7%.

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

From 2017 to 2020, the leading destinations for Sweden's exports of tools for pressing, stamping, or punching in value terms were China, Poland, and Germany. China accounted for 37.4% of exports in value terms, Poland for 9.4%, and Germany for 7.9%, jointly representing 54.7% 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 pressing, stamping and punching tools to Sweden

Imports in kind, t

The data indicates irregular changes, pointing to a volatile market environment. Imports bottomed in 2020 and peaked in 2017, with a 4.4-fold difference between these years. In 2020, Sweden imported 616 t of tools for pressing, stamping, or punching, equivalent to a strong year-over-year fall of 24.9%. The largest decline was recorded in 2018, at 69.8%, while the largest increase occurred in 2019, at 0.6%.

Annual dynamics of product's imports to Sweden in kind, 2017-2020, t

From 2017 to 2020, China, Germany, and Denmark were the primary sources for Sweden's imports of tools for pressing, stamping, or punching in kind. China accounted for 36.6% of imports in kind, Germany for 12.7%, and Denmark for 10.3%, together comprising 59.6% of total imports in kind.

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 tools for pressing, stamping, or punching declined for the third consecutive year. In 2020, Sweden imported a total of value_last_year K $ US of these tools, which is 24.5% lower compared to 2019. Between 2017 and 2020, imports decreased by 58.7%, equating to an annualized rate of 25.5%.

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

From 2017 to 2020, China, Germany, and Denmark were the principal sources for Sweden's imports of tools for pressing, stamping, or punching in value terms. China accounted for 24.0% of imports in value terms, Germany for 20.0%, and Denmark for 11.5%, jointly making up 55.5% 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