Wood and hard materials machine tools market in Sweden

Earlier Report Observations

From 2018, the Swedish market for wood and hard materials machine tools saw active imports of equipment from established European manufacturers like Italian and German firms, emphasizing safety compliance with EU EN 847-1/2 standards. This influx included modern CNC machines from brands such as Biesse and Comec, designed for precision woodworking, which supported the market's supply base as imports reached 409 thousand units that year.

Market volume, available from 2020, grew to 248 thousand units in 2021 alongside increased imports of 388 thousand units. A sustained contraction followed, with the market declining to 103 thousand units by 2024. Domestic production also varied, peaking at 16 thousand units in 2022 before falling back.

By 2024, technological innovations emerged, including automation and robotics for tasks like sawing and gluing, plus digital and cloud-based solutions to optimize processes. These trends, highlighted at the Trä & Teknik 2024 fair, aimed to enhance efficiency in Sweden's woodworking sector amid the market's downward trajectory.

Production wood and hard materials machine tools 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 wood and hard materials machine tools from Sweden

Exports in kind, K unit

Sweden's exports of wood and hard materials machine tools have grown for the third year in a row. In 2019, exports stood at a certain level, and by 2020 they reached 138.0 thousand units, which represents a significant increase of 18.6% compared to the previous year. Looking at the period from 2017 to 2020, exports rose by 64.5%, with an average annual growth rate of 18.1%.

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

From 2017 to 2020, Norway, Poland, and Denmark were consistently the top destinations for Sweden's exports of wood and hard materials machine tools in terms of volume. Norway accounted for 48.5% of exports, Poland for 15.5%, and Denmark for 14.1%. Together, these three countries made up 78.1% of total export flows during this period.

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 increasing for two years, Sweden's exports of wood and hard materials machine tools in value terms saw a slight decline. In 2019, exports peaked at 53 543 thousand US dollars, but in 2020 they dropped slightly to 53 295 thousand US dollars, showing minimal change year-over-year. Over the 2017-2020 period, exports grew by 16.2%, with an average annual growth rate of 5.1%. The largest increase occurred in 2018, with a rise of 14.3%.

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

Between 2017 and 2020, Norway, Finland, and Denmark were the largest buyers of wood and hard materials machine tools from Sweden in value terms. Norway represented 32.4% of exports, Finland 11.5%, and Denmark 9.6%. Combined, these three countries accounted for 53.4% of total export value during this time.

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

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

Imports wood and hard materials machine tools to Sweden

Imports in kind, K unit

Sweden's imports of wood and hard materials machine tools in volume terms reached 338.7 thousand units in 2020, marking a strong increase of 23.5% compared to 2019. Over the 2017-2020 period, imports grew by 31.1%, with an average annual growth rate of 9.5%. The highest volume was recorded in 2018 at 409.1 thousand units, followed by a decline of 33.0% in 2019. The largest increase occurred in 2018, with a jump of 58.4%.

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

From 2017 to 2020, China, Germany, and Asia (not elsewhere specified) were the key partners for Sweden's imports of wood and hard materials machine tools in volume terms. China accounted for 40.2% of imports, Germany for 22.4%, and Asia for 12.6%. Together, these sources represented 75.3% 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's imports of wood and hard materials machine tools in value terms amounted to 78 319 thousand US dollars, reflecting a 3.0% increase compared to the previous year. Over the 2017-2020 period, imports rose by 17.2%, with an average annual growth rate of 5.4%. The largest decline was recorded in 2019 at 2.0%, while the largest increase occurred in 2018 with a growth of 16.2%.

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

Throughout 2017 to 2020, Germany, Italy, and China remained the main markets for Sweden's imports of wood and hard materials machine tools in value terms. Germany accounted for 35.4% of imports, Italy for 18.1%, and China for 14.1%. Collectively, these three countries made up 67.6% 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