Report Update: Jun 1, 2024

Sweden - Agricultural And Forestry Tractors - Market Analysis, Forecast, Size, Trends And Insights

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Price for Agricultural and Forestry Tractor in Sweden - 2023

Price for Agricultural and Forestry Tractor in Sweden (CIF) - 2023

The average agricultural and forestry tractor import price stood at $33,558 per unit in August 2023, waning by -26.5% against the previous month. Over the period under review, the import price showed a mild descent. The growth pace was the most rapid in November 2022 when the average import price increased by 53% against the previous month. The import price peaked at $67,747 per unit in December 2022; however, from January 2023 to August 2023, import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Austria ($148K per unit), while the price for Finland ($16,246 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Austria (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Agricultural and Forestry Tractor in Sweden (FOB) - 2022

The average agricultural and forestry tractor export price stood at $18,424 per unit in 2022, shrinking by -53.1% against the previous year. Overall, the export price, however, showed prominent growth. The pace of growth was the most pronounced in 2014 when the average export price increased by 163% against the previous year. The export price peaked at $52,438 per unit in 2020; however, from 2021 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($273,469 per unit), while the average price for exports to Lebanon ($3,981 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Italy (+53.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Agricultural and Forestry Tractor in Sweden

In 2022, imports of agricultural and forestry tractors into Sweden skyrocketed to 22K units, growing by 18% against the previous year's figure. Overall, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by 96% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, agricultural and forestry tractor imports rose markedly to $354M in 2022. The total import value increased at an average annual rate of +8.7% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 34% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in years to come.

Import of Agricultural and Forestry Tractor in Sweden (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	79.9	84.5	98.0	98.9	7.4%
China	34.0	18.0	50.3	67.5	25.7%
Finland	46.8	48.2	57.4	55.0	5.5%
France	31.3	13.6	30.9	37.4	6.1%
United States	26.3	25.4	22.8	27.1	1.0%
Italy	11.7	8.1	9.8	9.6	-6.4%
Taiwan (Chinese)	0.1	0.7	3.4	8.8	344.8%
Netherlands	4.8	4.3	4.1	4.8	0.0%
Others	40.2	37.8	45.9	44.7	3.6%
Total	275	241	323	354	8.8%

Top Suppliers of Agricultural and Forestry Tractor to Sweden in 2022:

China (13.1K units)
Taiwan (Chinese) (2.0K units)
Finland (1.6K units)
Germany (1.5K units)
United States (1.4K units)
France (1.0K units)
Netherlands (0.3K units)
Italy (0.2K units)

Exports of Agricultural and Forestry Tractor in Sweden

In 2022, approx. 5K units of agricultural and forestry tractors were exported from Sweden; jumping by 96% on 2021. Overall, exports continue to indicate a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, agricultural and forestry tractor exports contracted to $92M in 2022. In general, exports, however, showed a deep reduction. The smallest decline of -7% was in 2020. The exports peaked at $138M in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Agricultural and Forestry Tractor in Sweden (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	30.7	36.0	26.4	17.8	-16.6%
Norway	17.0	12.4	12.1	15.8	-2.4%
Poland	3.7	4.5	8.3	13.6	54.3%
Finland	34.3	32.6	25.4	12.8	-28.0%
Estonia	2.0	0.2	0.5	5.9	43.4%
United Kingdom	12.3	8.6	7.1	3.6	-33.6%
Lithuania	0.5	0.9	2.1	2.7	75.4%
United States	4.9	5.0	0.1	2.0	-25.8%
Lebanon	0.3	0.1	0.7	1.1	54.2%
New Zealand	N/A	N/A	1.0	N/A	0%
Others	32.2	28.0	16.9	17.2	-18.9%
Total	138	128	101	92.5	-12.5%

Top Export Markets for Agricultural and Forestry Tractor from Sweden in 2022:

Norway (1859.0 units)
Poland (1272.0 units)
Finland (893.0 units)
Lebanon (269.0 units)
United Kingdom (160.0 units)
Estonia (92.0 units)
Lithuania (88.0 units)
Germany (65.0 units)
United States (33.0 units)
New Zealand (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for agricultural and forestry tractor in Sweden. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28302100 - New agricultural and forestry tractors, wheeled, of an engine power . .37 kW
Prodcom 28302200 - New agricultural and forestry tractors, wheeled, of an engine power > .37 kW but . .59 kW (excluding pedestrian-controlled tractors)
Prodcom 28302330 - New agricultural and forestry tractors, wheeled, of an engine power > .59 kW but . .75 kW (excluding pedestrian-controlled tractors)
Prodcom 28302350 - New agricultural and forestry tractors, wheeled, of an engine power > .75 kW but . .90 kW (excluding pedestrian-controlled tractors)
Prodcom 28302370 - New agricultural and forestry tractors, wheeled, of an engine power > .90 kW (excluding pedestrian-controlled tractors)
Prodcom 28302390 - New tractors excluding agricultural/forestry tractors, wheeled, p edestrian-controlled tractors - road tractors for semi-trailers, t rack-laying tractors -tractors used on railway platforms

Country coverage:

Sweden

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Sweden
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023