Scandinavia: Filling Containers Machinery Market 2024

Filling Containers Machinery Market Size in Scandinavia

In 2022, the Scandinavia filling containers machinery market decreased by X% to $X, falling for the fourth year in a row after two years of growth. Overall, consumption faced a precipitous shrinkage. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a somewhat lower figure.

Filling Containers Machinery Production in Scandinavia

In value terms, filling containers machinery production skyrocketed to $X in 2022 estimated in export price. In general, production, however, saw a resilient expansion. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Filling Containers Machinery Exports

Exports in Scandinavia

In 2022, the amount of machinery for filling, closing, sealing, capsuling or labelling containers exported in Scandinavia dropped to X units, with a decrease of X% against 2021. Over the period under review, exports continue to indicate a pronounced curtailment. The most prominent rate of growth was recorded in 2019 with an increase of X%. Over the period under review, the exports reached the peak figure at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, filling containers machinery exports shrank to $X in 2022. In general, exports saw a slight setback. The pace of growth appeared the most rapid in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Sweden represented the major exporting country with an export of about X units, which amounted to X% of total exports. Norway (X units) held a X% share (based on physical terms) of total exports, which put it in second place, followed by Finland (X%).

From 2012 to 2022, average annual rates of growth with regard to filling containers machinery exports from Sweden stood at X%. At the same time, Norway (X%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of X% from 2012-2022. By contrast, Finland (X%) illustrated a downward trend over the same period. Norway (X p.p.) significantly strengthened its position in terms of the total exports, while Sweden saw its share reduced by X% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

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

In Sweden, filling containers machinery exports decreased by an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: 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, approximately reflecting the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 an increase of X% against the previous year. The level of export peaked at $X per unit in 2018; however, from 2019 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 ($X per unit), while Norway ($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.

Filling Containers Machinery Imports

Imports in Scandinavia

After six years of growth, supplies from abroad of machinery for filling, closing, sealing, capsuling or labelling containers decreased by X% to X units in 2022. Total imports indicated strong growth from 2012 to 2022: its volume 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. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. The volume of import peaked at X units in 2021, and then dropped rapidly in the following year.

In value terms, filling containers machinery imports dropped remarkably to $X in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Norway was the key importer of machinery for filling, closing, sealing, capsuling or labelling containers in Scandinavia, with the volume of imports amounting to X units, which was approx. X% of total imports in 2022. It was distantly followed by Sweden (X units), creating a X% share of total imports. Finland (X units) held a relatively small share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Sweden (with a CAGR of X%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Sweden ($X) constitutes the largest market for imported machinery for filling, closing, sealing, capsuling or labelling containers in Scandinavia, comprising X% of total imports. The second position in the ranking was taken by Norway ($X), with a X% share of total imports.

In Sweden, filling containers machinery imports expanded at an average annual rate of X% over the period from 2012-2022. In the other countries, the average annual rates were as follows: Norway (X% per year) and Finland (X% per year).

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per unit, declining by X% against the previous year. In general, the import price saw a abrupt descent. The most prominent rate of growth was recorded in 2015 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2012; however, from 2013 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Finland ($X per unit), while Norway ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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