| Product Code: ETC5199344 | Publication Date: Nov 2023 | Updated Date: Nov 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Sweden continued to import a significant number of mining shovels, with top exporters being Finland, Netherlands, Germany, and Norway. The market concentration, as indicated by the HHI, remained very high, suggesting a dominance of these key exporting countries. The industry also saw impressive growth, with a notable Compound Annual Growth Rate (CAGR) of 38.6% from 2020 to 2024. Furthermore, the growth rate from 2023 to 2024 spiked at an impressive 151.89%, indicating a surge in demand for mining shovels in Sweden during that period.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Sweden Mining Shovels Market Overview |
3.1 Sweden Country Macro Economic Indicators |
3.2 Sweden Mining Shovels Market Revenues & Volume, 2021 & 2031F |
3.3 Sweden Mining Shovels Market - Industry Life Cycle |
3.4 Sweden Mining Shovels Market - Porter's Five Forces |
3.5 Sweden Mining Shovels Market Revenues & Volume Share, By Payload Capacity, 2021 & 2031F |
3.6 Sweden Mining Shovels Market Revenues & Volume Share, By Mineral Type, 2021 & 2031F |
4 Sweden Mining Shovels Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for metals and minerals, driving the need for mining activities in Sweden. |
4.2.2 Technological advancements leading to the development of more efficient and productive mining shovels. |
4.2.3 Government initiatives promoting sustainable mining practices and investments in the mining sector. |
4.3 Market Restraints |
4.3.1 Fluctuating prices of metals and minerals affecting the profitability of mining operations. |
4.3.2 Environmental regulations and concerns impacting the mining industry's operations and expansion. |
5 Sweden Mining Shovels Market Trends |
6 Sweden Mining Shovels Market Segmentations |
6.1 Sweden Mining Shovels Market, By Payload Capacity |
6.1.1 Overview and Analysis |
6.1.2 Sweden Mining Shovels Market Revenues & Volume, By 20-30 Metric Tons, 2021-2031F |
6.1.3 Sweden Mining Shovels Market Revenues & Volume, By 30-40 Metric Tons, 2021-2031F |
6.1.4 Sweden Mining Shovels Market Revenues & Volume, By 40-50 Metric Tons, 2021-2031F |
6.1.5 Sweden Mining Shovels Market Revenues & Volume, By More than 50 Metric Tons, 2021-2031F |
6.2 Sweden Mining Shovels Market, By Mineral Type |
6.2.1 Overview and Analysis |
6.2.2 Sweden Mining Shovels Market Revenues & Volume, By Coal, 2021-2031F |
6.2.3 Sweden Mining Shovels Market Revenues & Volume, By Iron Ore, 2021-2031F |
6.2.4 Sweden Mining Shovels Market Revenues & Volume, By Non-ferrous Metals, 2021-2031F |
6.2.5 Sweden Mining Shovels Market Revenues & Volume, By Industrial Minerals, 2021-2031F |
6.2.6 Sweden Mining Shovels Market Revenues & Volume, By Precious Metals, 2021-2031F |
6.2.7 Sweden Mining Shovels Market Revenues & Volume, By Others, 2021-2031F |
7 Sweden Mining Shovels Market Import-Export Trade Statistics |
7.1 Sweden Mining Shovels Market Export to Major Countries |
7.2 Sweden Mining Shovels Market Imports from Major Countries |
8 Sweden Mining Shovels Market Key Performance Indicators |
8.1 Average utilization rate of mining shovels in Sweden. |
8.2 Percentage of mining companies adopting advanced mining shovel technologies. |
8.3 Compliance rate with environmental regulations by mining companies. |
9 Sweden Mining Shovels Market - Opportunity Assessment |
9.1 Sweden Mining Shovels Market Opportunity Assessment, By Payload Capacity, 2021 & 2031F |
9.2 Sweden Mining Shovels Market Opportunity Assessment, By Mineral Type, 2021 & 2031F |
10 Sweden Mining Shovels Market - Competitive Landscape |
10.1 Sweden Mining Shovels Market Revenue Share, By Companies, 2024 |
10.2 Sweden Mining Shovels Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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