Scandinavia: Market for Ready-Mixed Concrete And Factory Made Mortars 2024

Market Size for Ready-Mixed Concrete And Factory Made Mortars in Scandinavia

After two years of growth, the Scandinavia market for ready-mixed concrete and factory made mortars decreased by X% to $X in 2023. Overall, consumption, however, posted prominent growth. As a result, consumption attained the peak level of $X, and then dropped markedly in the following year.

Production of Ready-Mixed Concrete And Factory Made Mortars in Scandinavia

In value terms, production of ready-mixed concrete and factory made mortars dropped to $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2023; however, the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2022 with an increase of X% against the previous year. As a result, production reached the peak level of $X, and then reduced in the following year.

Exports of Ready-Mixed Concrete And Factory Made Mortars

Exports in Scandinavia

In 2023, shipments abroad of ready-mixed concrete and factory made mortars decreased by X% to X tons for the first time since 2020, thus ending a two-year rising trend. In general, exports showed a mild reduction. The pace of growth was the most pronounced in 2017 when exports increased by X% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2023, the growth of the exports of remained at a lower figure.

In value terms, exports of ready-mixed concrete and factory made mortars dropped to $X in 2023. Overall, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2021 with an increase of X%. The level of export peaked at $X in 2022, and then fell in the following year.

Exports by Country

Norway (X tons) and Sweden (X tons) dominates mortars structure, together achieving X% of total exports. It was distantly followed by Finland (X tons), generating a X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Norway (with a CAGR of X%), while the other leaders experienced a decline in the exports figures.

In value terms, Norway ($X), Sweden ($X) and Finland ($X) constituted the countries with the highest levels of exports in 2023, with a combined X% share of total exports.

Norway, with a CAGR of X%, saw the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2023, with an increase of X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2018 an increase of X% against the previous year. The level of export peaked in 2023 and is likely to continue growth in the near future.

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

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Finland (X%), while the other leaders experienced more modest paces of growth.

Imports of Ready-Mixed Concrete And Factory Made Mortars

Imports in Scandinavia

In 2023, the amount of ready-mixed concrete and factory made mortars imported in Scandinavia declined dramatically to X tons, shrinking by X% on the previous year's figure. In general, imports continue to indicate a mild downturn. The most prominent rate of growth was recorded in 2014 when imports increased by X%. The volume of import peaked at X tons in 2017; however, from 2018 to 2023, imports failed to regain momentum.

In value terms, imports of ready-mixed concrete and factory made mortars contracted to $X in 2023. Over the period under review, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports of failed to regain momentum.

Imports by Country

Norway (X tons) and Sweden (X tons) represented roughly X% of total imports in 2023. It was distantly followed by Finland (X tons), mixing up a X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Finland (with a CAGR of X%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, the largest ready-mixed concrete and factory made mortar importing markets in Scandinavia were Sweden ($X), Norway ($X) and Finland ($X).

Finland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of 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 ton in 2023, rising by X% against the previous year. Over the period from 2012 to 2023, it increased at an average annual rate of X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Finland ($X per ton), while Norway ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform