Scandinavia: Market for Numerically Controlled Drilling Machines For Working Metal 2024

Market Size for Numerically Controlled Drilling Machines For Working Metal in Scandinavia

The Scandinavia numerically controlled drilling machine market declined modestly to $X in 2022, reducing by X% against the previous year. Over the period under review, consumption showed a moderate increase. As a result, consumption reached the peak level of $X, and then declined in the following year.

Production of Numerically Controlled Drilling Machines For Working Metal in Scandinavia

In value terms, numerically controlled drilling machine production surged to $X in 2022 estimated in export price. Overall, production, however, recorded a noticeable downturn. The growth pace was the most rapid in 2020 with an increase of X%. Over the period under review, production reached the peak level at $X in 2014; however, from 2015 to 2022, production remained at a lower figure.

Exports of Numerically Controlled Drilling Machines For Working Metal

Exports in Scandinavia

In 2022, exports of numerically controlled drilling machines for working metal in Scandinavia reduced to X units, which is down by X% compared with 2021. Overall, exports recorded a sharp reduction. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at X units in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

In value terms, numerically controlled drilling machine exports contracted rapidly to $X in 2022. Over the period under review, exports showed a sharp descent. The growth pace was the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Sweden (X units), followed by Norway (X units) were the key exporters of numerically controlled drilling machines for working metal, together making up X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Norway (with a CAGR of X%).

In value terms, the largest numerically controlled drilling machine supplying countries in Scandinavia were Sweden ($X) and Norway ($X).

Among the main exporting countries, Norway, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The export price in Scandinavia stood at $X per unit in 2022, shrinking by X% against the previous year. In general, the export price faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2019 when the export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2020 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per unit), while Norway amounted to $X per unit.

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

Imports of Numerically Controlled Drilling Machines For Working Metal

Imports in Scandinavia

In 2022, overseas purchases of numerically controlled drilling machines for working metal decreased by X% to X units, falling for the second year in a row after four years of growth. Overall, imports continue to indicate a abrupt slump. The pace of growth was the most pronounced in 2017 when imports increased by X% against the previous year. The volume of import peaked at X units in 2020; however, from 2021 to 2022, imports failed to regain momentum.

In value terms, numerically controlled drilling machine imports shrank to $X in 2022. In general, imports saw a drastic downturn. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of import peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

Finland dominates imports structure, finishing at X units, which was approx. X% of total imports in 2022. Norway (X units) and Sweden (X units) held a minor share of total imports.

Finland experienced a relatively flat trend pattern with regard to volume of imports of numerically controlled drilling machines for working metal. Norway (X%) and Sweden (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Finland increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest numerically controlled drilling machine importing markets in Scandinavia were Norway ($X), Sweden ($X) and Finland ($X).

Norway, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main importing countries 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, picking up by X% against the previous year. Over the period under review, the import price, however, recorded a deep slump. The most prominent rate of growth was recorded in 2013 an increase of X%. Over the period under review, import prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top importers, 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 import price figures.

Source: IndexBox Platform

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