Scandinavia: Pile-Driver Market 2024

Pile-Driver Market Size in Scandinavia

The Scandinavia pile-driver market skyrocketed to $X in 2022, growing by X% against the previous year. In general, consumption recorded a resilient increase. As a result, consumption attained the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Pile-Driver Production in Scandinavia

In value terms, pile-driver production totaled $X in 2022 estimated in export price. The total production indicated pronounced growth 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, production increased by X% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. Over the period under review, production reached the maximum level in 2022 and is expected to retain growth in the immediate term.

Pile-Driver Exports

Exports in Scandinavia

In 2022, after two years of growth, there was significant decline in shipments abroad of pile-drivers and pile-extractors, when their volume decreased by X% to X units. Over the period under review, exports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, the exports attained the peak of X units, and then fell markedly in the following year.

In value terms, pile-driver exports shrank markedly to $X in 2022. In general, exports showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, the exports reached the peak of $X, and then contracted dramatically in the following year.

Exports by Country

In 2022, Finland (X units) represented the main exporter of pile-drivers and pile-extractors, constituting X% of total exports. Norway (X units) held the second position in the ranking, distantly followed by Sweden (X units). All these countries together held near X% share of total exports.

Finland was also the fastest-growing in terms of the pile-drivers and pile-extractors exports, with a CAGR of X% from 2012 to 2022. Norway experienced a relatively flat trend pattern. Sweden (X%) illustrated a downward trend over the same period. Finland (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, Finland ($X) remains the largest pile-driver supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was taken by Norway ($X), with a X% share of total exports.

In Finland, pile-driver exports remained relatively stable over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Norway (X% per year) and Sweden (X% per year).

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per unit, which is down by X% against the previous year. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 an increase of X% against the previous year. The level of export peaked at $X per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat 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 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 export price figures.

Pile-Driver Imports

Imports in Scandinavia

In 2022, purchases abroad of pile-drivers and pile-extractors decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, enjoyed a strong expansion. The pace of growth appeared the most rapid in 2013 with an increase of X%. As a result, imports attained the peak of X units. From 2014 to 2022, the growth of imports failed to regain momentum.

In value terms, pile-driver imports dropped notably to $X in 2022. In general, imports, however, recorded a slight increase. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of $X, and then shrank remarkably in the following year.

Imports by Country

In 2022, Norway (X units) was the largest importer of pile-drivers and pile-extractors, comprising X% of total imports. Sweden (X units) took the second position in the ranking, distantly followed by Finland (X units). All these countries together held near X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) constitutes the largest market for imported pile-drivers and pile-extractors in Scandinavia, comprising X% of total imports. The second position in the ranking was taken by Norway ($X), with a X% share of total imports.

In Sweden, pile-driver imports increased 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

The import price in Scandinavia stood at $X per unit in 2022, with a decrease of X% against the previous year. Overall, the import price recorded a abrupt curtailment. The pace of growth appeared the most rapid in 2021 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2017; however, from 2018 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 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 Finland (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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