Scandinavia: Market for Reel Fed Offset Printing Machinery 2024

Market Size for Reel Fed Offset Printing Machinery in Scandinavia

The Scandinavia market for reel fed offset printing machinery soared to $X in 2022, with an increase of X% against the previous year. Overall, consumption, however, saw a abrupt setback. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2022, consumption stood at a somewhat lower figure.

Production of Reel Fed Offset Printing Machinery in Scandinavia

In value terms, reel fed offset printing machinery production rose significantly to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2018 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth failed to regain momentum.

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Exports of Reel Fed Offset Printing Machinery

Exports in Scandinavia

In 2022, shipments abroad of reel fed offset printing machinery decreased by X% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, exports faced a deep contraction. The pace of growth was the most pronounced in 2020 when exports increased by X% against the previous year. The volume of export peaked at X units in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

In value terms, reel fed offset printing machinery exports surged to $X in 2022. In general, exports showed a abrupt downturn. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Norway (X units) represented the key exporter of reel fed offset printing machinery, mixing up X% of total exports. It was distantly followed by Sweden (X units) and Finland (X units), together creating a X% share of total exports.

Norway was also the fastest-growing in terms of the reel fed offset printing machinery exports, with a CAGR of X% from 2012 to 2022. At the same time, Finland (X%) displayed positive paces of growth. By contrast, Sweden (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Norway and Finland increased by X and X percentage points, respectively.

In value terms, Norway ($X) emerged as the largest reel fed offset printing machinery supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was held by Finland ($X), with a X% share of total exports.

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

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per unit, picking up by X% against the previous year. Overall, the export price continues to indicate buoyant growth. The pace of growth was the most pronounced in 2017 when the export price increased by X% against the previous year. The level of export peaked at $X per unit in 2018; afterwards, it flattened through to 2022.

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 ($X per unit), while Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (X%), while the other leaders experienced a decline in the export price figures.

Imports of Reel Fed Offset Printing Machinery

Imports in Scandinavia

In 2022, purchases abroad of reel fed offset printing machinery was finally on the rise to reach X units for the first time since 2019, thus ending a two-year declining trend. In general, imports, however, faced a abrupt decline. The pace of growth appeared the most rapid in 2018 with an increase of X%. Over the period under review, imports hit record highs at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, reel fed offset printing machinery imports surged to $X in 2022. Overall, imports, however, saw a abrupt shrinkage. The growth pace was the most rapid in 2018 with an increase of X%. The level of import peaked at $X in 2013; however, from 2014 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, Sweden (X units) was the major importer of reel fed offset printing machinery, generating X% of total imports. It was distantly followed by Norway (X units), making up a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Sweden (with a CAGR of X%).

In value terms, Norway ($X) constitutes the largest market for imported reel fed offset printing machinery in Scandinavia, comprising X% of total imports. The second position in the ranking was taken by Sweden ($X), with a X% share of total imports.

From 2012 to 2022, the average annual growth rate of value in Norway totaled X%.

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 pronounced decrease. The pace of growth was the most pronounced in 2013 when the import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2022, the 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 Norway ($X per unit), while Sweden totaled $X per unit.

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

Source: IndexBox Platform

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