| Product Code: ETC4656305 | 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 |
Sweden`s cemented carbide import shipments in 2024 continued to show strong growth, with a Compound Annual Growth Rate (CAGR) of 9.83% from 2020 to 2024. The top exporting countries to Sweden included Netherlands, Germany, Belgium, UK, and China. Despite high concentration levels in 2023, the Herfindahl-Hirschman Index (HHI) indicated a shift to moderate concentration in 2024. The growth rate from 2023 to 2024 stood at a healthy 4.73%, reflecting a positive trend in the import market for cemented carbide in Sweden.
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 Cemented Carbide Market Overview |
3.1 Sweden Country Macro Economic Indicators |
3.2 Sweden Cemented Carbide Market Revenues & Volume, 2021 & 2031F |
3.3 Sweden Cemented Carbide Market - Industry Life Cycle |
3.4 Sweden Cemented Carbide Market - Porter's Five Forces |
3.5 Sweden Cemented Carbide Market Revenues & Volume Share, By Material Composition, 2021 & 2031F |
3.6 Sweden Cemented Carbide Market Revenues & Volume Share, By End-users, 2021 & 2031F |
4 Sweden Cemented Carbide Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for cemented carbide in industries such as automotive, aerospace, and mining due to its superior properties like high hardness and wear resistance. |
4.2.2 Growth in the manufacturing sector in Sweden, leading to higher usage of cemented carbide tools and components. |
4.2.3 Technological advancements in cemented carbide production processes, resulting in improved product quality and performance. |
4.3 Market Restraints |
4.3.1 Fluctuations in raw material prices, such as tungsten and cobalt, impacting the production cost of cemented carbide. |
4.3.2 Environmental regulations and sustainability concerns affecting the mining and processing of raw materials for cemented carbide production. |
5 Sweden Cemented Carbide Market Trends |
6 Sweden Cemented Carbide Market Segmentations |
6.1 Sweden Cemented Carbide Market, By Material Composition |
6.1.1 Overview and Analysis |
6.1.2 Sweden Cemented Carbide Market Revenues & Volume, By Tungsten Carbide? (WC), 2021-2031F |
6.1.3 Sweden Cemented Carbide Market Revenues & Volume, By Titanium Carbide? (TiC), 2021-2031F |
6.1.4 Sweden Cemented Carbide Market Revenues & Volume, By Tantalum Carbide? (TaC), 2021-2031F |
6.2 Sweden Cemented Carbide Market, By End-users |
6.2.1 Overview and Analysis |
6.2.2 Sweden Cemented Carbide Market Revenues & Volume, By Automotive & Metal, 2021-2031F |
6.2.3 Sweden Cemented Carbide Market Revenues & Volume, By Aerospace & Defense, 2021-2031F |
6.2.4 Sweden Cemented Carbide Market Revenues & Volume, By Oil & Gas, 2021-2031F |
6.2.5 Sweden Cemented Carbide Market Revenues & Volume, By Mining & Construction, 2021-2031F |
6.2.6 Sweden Cemented Carbide Market Revenues & Volume, By Electronics & Communication, 2021-2031F |
7 Sweden Cemented Carbide Market Import-Export Trade Statistics |
7.1 Sweden Cemented Carbide Market Export to Major Countries |
7.2 Sweden Cemented Carbide Market Imports from Major Countries |
8 Sweden Cemented Carbide Market Key Performance Indicators |
8.1 Average order value per customer: Tracking the average value of orders placed for cemented carbide products can indicate the level of demand and customer preferences. |
8.2 Number of new product innovations: Monitoring the rate of new product developments and innovations in the cemented carbide market can reflect the industry's growth and competitiveness. |
8.3 Capacity utilization rate: Assessing the utilization of production capacity can indicate the efficiency and potential for growth in the cemented carbide market. |
8.4 Employee productivity: Measuring the productivity of employees involved in cemented carbide manufacturing processes can provide insights into operational efficiency and potential for growth. |
9 Sweden Cemented Carbide Market - Opportunity Assessment |
9.1 Sweden Cemented Carbide Market Opportunity Assessment, By Material Composition, 2021 & 2031F |
9.2 Sweden Cemented Carbide Market Opportunity Assessment, By End-users, 2021 & 2031F |
10 Sweden Cemented Carbide Market - Competitive Landscape |
10.1 Sweden Cemented Carbide Market Revenue Share, By Companies, 2024 |
10.2 Sweden Cemented Carbide 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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