Sweden: Market analysis of electric pulley block and hoist 2022

 In 2021, the Swedish market for pulley tackle and hoists powered by an electric motor was finally on the rise to reach $X after two years of decline. In general, the total consumption indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +X% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Exports of Pulley Tackle And Hoists Powered By An Electric Motor

In 2021, the export volume of Swedish motor driven pulley blocks and cranes soared to X sets, an increase of X% over the previous year. In general, the export volume increased significantly. The growth rate in 2020 is the most significant, X%. The export will reach its peak in 2021, and may increase gradually in the next few years.

In terms of value, in 2021, the export of motor-driven pulley blocks and cranes soared to $X. Overall, exports grew significantly. Therefore, the export reached its peak and may continue to grow in the short term.

Denmark (X sets) is the main export destination of electric pulley blocks and cranes in Sweden, accounting for X% of the total exports. Next is Norway (X units), accounting for X% of total exports. From 2012 to 2021, the average annual growth rate of Danish exports is+X%.

In terms of value, Denmark (US $X) is still the main foreign market for motor driven pulley blocks and cranes exported from Sweden, accounting for X% of total exports. Norway ranked second (US $X), accounting for X% of total exports.

From 2012 to 2021, the average annual growth rate of Danish value is+X%.

Imports of Pulley Tackle And Hoists Powered By An Electric Motor

In 2021, the Netherlands (X units) constituted the largest pulley tackle and hoists powered by an electric motor supplier to Sweden, accounting for a X% share of total imports.

Moreover, imports of pulley tackle and hoists powered by an electric motor from the Netherlands exceeded the figures recorded by the second-largest supplier, China (X units), sevenfold. The third position in this ranking was taken by Denmark (X units), with a X% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from the Netherlands stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Denmark (+X% per year).

In value terms, the Netherlands ($X), Germany ($X) and Denmark ($X) constituted the largest pulley tackle and hoists powered by an electric motor suppliers to Sweden, together accounting for X% of total imports.

In terms of the main suppliers, the Netherlands, with a CAGR of +X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Statistics of various crane suppliers in Sweden

In value terms, the largest pulley tackle and hoists powered by an electric motor suppliers to Sweden were the Netherlands, Germany and Denmark, together comprising 82% of total imports.

In value terms, Denmark remains the key foreign market for pulley tackle and hoists powered by an electric motor exports from Sweden, comprising 89% of total exports. The second position in the ranking was taken by Norway, with a 2.3% share of total exports.

The average export price for pulley tackle and hoists powered by an electric motor stood at $221 per unit in 2021, reducing by -20.1% against the previous year.

The average import price for pulley tackle and hoists powered by an electric motor stood at $142 per unit in 2021, reducing by -42.4% against the previous year.

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Sweden: Market analysis of electric pulley block and hoist 2022