Scandinavia: Metal Flexible Tubing Market 2024

Metal Flexible Tubing Market Size in Scandinavia

For the third consecutive year, the Scandinavia metal flexible tubing market recorded growth in sales value, which increased by X% to $X in 2022. Over the period under review, consumption showed a strong expansion. Over the period under review, the market reached the maximum level in 2022 and is likely to see gradual growth in years to come.

Metal Flexible Tubing Production in Scandinavia

In value terms, metal flexible tubing production totaled $X in 2022 estimated in export price. In general, production, however, saw a perceptible decline. The pace of growth appeared the most rapid in 2015 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2016 to 2022, production growth remained at a lower figure.

Metal Flexible Tubing Exports

Exports in Scandinavia

Metal flexible tubing exports was estimated at X tons in 2022, with an increase of X% compared with 2021. In general, exports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, metal flexible tubing exports expanded slightly to $X in 2022. Total exports indicated a modest expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The pace of growth was the most pronounced in 2017 with an increase of X%. As a result, the exports reached the peak of $X. From 2018 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

In 2022, Sweden (X tons) represented the key exporter of iron or steel flexible tubing, mixing up X% of total exports. Finland (X tons) took a X% share (based on physical terms) of total exports, which put it in second place, followed by Norway (X%).

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

In value terms, the largest metal flexible tubing supplying countries in Scandinavia were Sweden ($X), Finland ($X) and Norway ($X).

Among the main exporting countries, Sweden, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, shrinking by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 an increase of X%. Over the period under review, the export prices reached the maximum at $X per ton in 2021, and then dropped in the following year.

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 Norway ($X per ton), while Sweden ($X per ton) 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 more modest paces of growth.

Metal Flexible Tubing Imports

Imports in Scandinavia

In 2022, approx. X tons of iron or steel flexible tubing were imported in Scandinavia; growing by X% compared with the previous year's figure. In general, imports saw a remarkable increase. The pace of growth was the most pronounced in 2020 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

In value terms, metal flexible tubing imports skyrocketed to $X in 2022. Overall, imports showed buoyant growth. The pace of growth appeared the most rapid in 2020 when imports increased by X%. Over the period under review, imports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Norway was the main importing country with an import of about X tons, which resulted at X% of total imports. Sweden (X tons) took the second position in the ranking, distantly followed by Finland (X tons). All these countries together took approx. X% share of total imports.

Norway was also the fastest-growing in terms of the iron or steel flexible tubing imports, with a CAGR of X% from 2012 to 2022. At the same time, Sweden (X%) and Finland (X%) displayed positive paces of growth. From 2012 to 2022, the share of Norway increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Norway ($X), Sweden ($X) and Finland ($X) were the countries with the highest levels of imports in 2022.

Sweden, with a CAGR of X%, saw the highest growth rate of the value of imports, in terms of the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2022, with a decrease of X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 an increase of X%. As a result, import price attained the peak level of $X per ton. From 2016 to 2022, the 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 Sweden ($X per ton), while Norway ($X per ton) 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 mixed trends in the import price figures.

Source: IndexBox Platform

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