Scandinavia: Market for Machinery For Moulding Or Retreading Pneumatic Tyres 2024

Market Size for Machinery For Moulding Or Retreading Pneumatic Tyres in Scandinavia

The Scandinavia pneumatic tyre retreading machinery market was finally on the rise to reach $X in 2022, after three years of decline. In general, consumption enjoyed a prominent expansion. As a result, consumption attained the peak level of $X. From 2016 to 2022, the growth of the market remained at a lower figure.

Production of Machinery For Moulding Or Retreading Pneumatic Tyres in Scandinavia

In value terms, pneumatic tyre retreading machinery production stood at $X in 2022 estimated in export price. Overall, production, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, production attained the peak level at $X in 2020; however, from 2021 to 2022, production failed to regain momentum.

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Exports of Machinery For Moulding Or Retreading Pneumatic Tyres

Exports in Scandinavia

In 2022, after three years of growth, there was significant decline in shipments abroad of machinery for moulding or retreading pneumatic tyres, when their volume decreased by X% to X units. Overall, exports, however, enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at X units in 2021, and then shrank dramatically in the following year.

In value terms, pneumatic tyre retreading machinery exports dropped significantly to $X in 2022. In general, exports continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2013 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Sweden (X units) represented roughly X% of total exports in 2022.

Sweden was also the fastest-growing in terms of the machinery for moulding or retreading pneumatic tyres exports, with a CAGR of X% from 2012 to 2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) also remains the largest pneumatic tyre retreading machinery supplier in Scandinavia.

From 2012 to 2022, the average annual rate of growth in terms of value in Sweden amounted to X%.

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per unit, picking up by X% against the previous year. In general, the export price, however, showed a deep contraction. The growth pace was the most rapid in 2013 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2014 to 2022, the export prices remained at a lower figure.

As there is only one major export destination, the average price level is determined by prices for Sweden.

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to X% per year.

Imports of Machinery For Moulding Or Retreading Pneumatic Tyres

Imports in Scandinavia

In 2022, supplies from abroad of machinery for moulding or retreading pneumatic tyres increased by X% to X units, rising for the second consecutive year after three years of decline. In general, imports saw resilient growth. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports failed to regain momentum.

In value terms, pneumatic tyre retreading machinery imports skyrocketed to $X in 2022. Over the period under review, imports continue to indicate a significant expansion. The growth pace was the most rapid in 2015 when imports increased by X%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Imports by Country

In 2022, Finland (X units) was the main importer of machinery for moulding or retreading pneumatic tyres, constituting X% of total imports. It was distantly followed by Norway (X units), constituting a X% share of total imports. Sweden (X units) followed a long way behind the leaders.

Finland was also the fastest-growing in terms of the machinery for moulding or retreading pneumatic tyres imports, with a CAGR of X% from 2012 to 2022. At the same time, Sweden (X%) displayed positive paces of growth. By contrast, Norway (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Finland increased by X percentage points.

In value terms, Finland ($X) constitutes the largest market for imported machinery for moulding or retreading pneumatic tyres in Scandinavia, comprising X% of total imports. The second position in the ranking was held by Sweden ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value in Finland amounted to X%. In the other countries, the average annual rates were as follows: Sweden (X% per year) and Norway (X% per year).

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per unit, jumping by X% against the previous year. In general, the import price recorded a buoyant expansion. The most prominent rate of growth was recorded in 2018 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2019; however, from 2020 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 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 Sweden (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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