Scandinavia: Hydraulic Press Market 2024

Hydraulic Press Market Size in Scandinavia

In 2022, after seven years of growth, there was significant decline in the Scandinavia hydraulic press market, when its value decreased by X% to $X. Overall, consumption, however, continues to indicate a significant increase. As a result, consumption attained the peak level of $X, and then contracted markedly in the following year.

Hydraulic Press Production in Scandinavia

In value terms, hydraulic press production fell to $X in 2022 estimated in export price. In general, production showed a noticeable reduction. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Hydraulic Press Exports

Exports in Scandinavia

In 2022, exports of hydraulic presses for working metal in Scandinavia reduced to X units, remaining relatively unchanged against the previous year. Over the period under review, exports showed a noticeable contraction. The most prominent rate of growth was recorded in 2014 when exports increased by X%. As a result, the exports reached the peak of X units. From 2015 to 2022, the growth of the exports remained at a lower figure.

In value terms, hydraulic press exports fell to $X in 2022. Overall, exports showed a slight decline. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Finland was the largest exporting country with an export of about X units, which amounted to X% of total exports. It was distantly followed by Sweden (X units), mixing up a X% share of total exports. Norway (X units) held a relatively small share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Finland (with a CAGR of X%), while the other leaders experienced mixed trends in the exports figures.

In value terms, Sweden ($X) remains the largest hydraulic press supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was taken by Finland ($X), with a X% share of total exports.

In Sweden, hydraulic press exports decreased by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Finland (X% per year) and Norway (X% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per unit in 2022, falling by X% against the previous year. Overall, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per unit), while Finland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other leaders experienced a decline in the export price figures.

Hydraulic Press Imports

Imports in Scandinavia

Hydraulic press imports surged to X units in 2022, increasing by X% on the year before. In general, imports continue to indicate a remarkable increase. The growth pace was the most rapid in 2020 with an increase of X%. As a result, imports attained the peak of X units. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, hydraulic press imports contracted remarkably to $X in 2022. Overall, imports, however, continue to indicate a perceptible descent. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports hit record highs at $X in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Finland (X units) and Sweden (X units) represented roughly X% of total imports in 2022. It was distantly followed by Norway (X units), creating a X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, the largest hydraulic press importing markets in Scandinavia were Sweden ($X), Norway ($X) and Finland ($X).

In terms of the main importing countries, Finland, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Scandinavia stood at $X per unit in 2022, which is down by X% against the previous year. Over the period under review, the import price recorded a deep contraction. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The level of import peaked at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Norway ($X per unit), while Finland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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