Plough Market Overview in Sweden
In value terms, plough production stood at $ in estimated in export prices. Overall, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2012 with an increase of % y-o-y. As a result, production attained the peak level of $. from 2013 to , production growth remained at a lower figure.
The size of the plough market in Sweden stood at $ in 2019, stabilizing at the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption continues to indicate a perceptible curtailment. As a result, consumption attained the peak level of $. from 2009 to 2019, the growth of the market failed to regain the momentum.