Scandinavia: Moulds For Metal Market 2024

Moulds For Metal Market Size in Scandinavia

In 2022, the Scandinavia moulds for metal market decreased by -14.1% to $X, falling for the fifth year in a row after two years of growth. Overall, consumption recorded a relatively flat trend pattern. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Moulds For Metal Production in Scandinavia

In value terms, moulds for metal production fell modestly to $X in 2022 estimated in export price. Over the period under review, production, however, recorded resilient growth. The pace of growth was the most pronounced in 2014 when the production volume increased by 112% against the previous year. As a result, production attained the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Moulds For Metal Exports

Exports in Scandinavia

In 2022, overseas shipments of moulds for metals increased by 141% to X tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, showed a slight shrinkage. The volume of export peaked at X tons in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

In value terms, moulds for metal exports surged to $X in 2022. In general, exports posted a buoyant expansion. Over the period under review, the exports hit record highs at $X in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

Exports by Country

Norway was the major exporting country with an export of about X tons, which finished at 76% of total exports. It was distantly followed by Sweden (X tons), committing a 23% share of total exports.

Norway was also the fastest-growing in terms of the moulds for metals exports, with a CAGR of +15.1% from 2012 to 2022. Sweden (-13.0%) illustrated a downward trend over the same period. While the share of Norway (+60 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Sweden (-54.3 p.p.) displayed negative dynamics.

In value terms, Norway ($X) remains the largest moulds for metal supplier in Scandinavia, comprising 87% of total exports. The second position in the ranking was held by Sweden ($X), with a 9.5% share of total exports.

In Norway, moulds for metal exports increased at an average annual rate of +20.6% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per ton, increasing by 16% against the previous year. In general, the export price recorded a resilient expansion. The growth pace was the most rapid in 2015 when the export price increased by 148% against the previous year. Over the period under review, the export prices attained the maximum at $X per ton in 2016; however, from 2017 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Norway ($X per ton), while Sweden totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+4.8%).

Moulds For Metal Imports

Imports in Scandinavia

In 2022, approx. X tons of moulds for metals were imported in Scandinavia; with an increase of 6.5% compared with the previous year's figure. In general, imports, however, saw a abrupt descent. The pace of growth was the most pronounced in 2020 when imports increased by 13%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, moulds for metal imports skyrocketed to $X in 2022. Overall, imports, however, saw a abrupt slump. The growth pace was the most rapid in 2020 when imports increased by 30% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Sweden (X tons) represented the major importer of moulds for metals, achieving 55% of total imports. Norway (X tons) took the second position in the ranking, followed by Finland (X tons). All these countries together held approx. 45% share of total imports.

Imports into Sweden decreased at an average annual rate of -10.0% from 2012 to 2022. At the same time, Finland (+2.5%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of +2.5% from 2012-2022. By contrast, Norway (-10.6%) illustrated a downward trend over the same period. Finland (+13 p.p.) significantly strengthened its position in terms of the total imports, while Norway and Sweden saw its share reduced by -5.6% and -7.7% from 2012 to 2022, respectively.

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

Among the main importing countries, Finland, with a CAGR of -1.0%, saw 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

In 2022, the import price in Scandinavia amounted to $X per ton, increasing by 8% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.7%. The pace of growth was the most pronounced in 2017 an increase of 17%. As a result, import price attained the peak level of $X per ton. From 2018 to 2022, the import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Norway ($X per ton), while Finland ($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 (+3.3%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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