Scandinavia: Harvesting Machinery Market 2024

Harvesting Machinery Market Size in Scandinavia

In 2022, the Scandinavia harvesting machinery market increased by X% to $X, rising for the third year in a row after three years of decline. Overall, consumption showed a pronounced expansion. The level of consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Harvesting Machinery Production in Scandinavia

In value terms, harvesting machinery production skyrocketed to $X in 2022 estimated in export price. Overall, production continues to indicate a strong increase. The most prominent rate of growth was recorded in 2020 when the production volume increased by X%. As a result, production attained the peak level of $X. From 2021 to 2022, production growth remained at a somewhat lower figure.

Harvesting Machinery Exports

Exports in Scandinavia

In 2022, approx. X units of root or tuber harvesting machines were exported in Scandinavia; surging by X% on the year before. Overall, exports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by X% against the previous year. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, harvesting machinery exports skyrocketed to $X in 2022. In general, exports, however, showed a noticeable downturn. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. The level of export peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

In 2022, Sweden (X units) was the major exporter of root or tuber harvesting machines, mixing up X% of total exports. Norway (X units) ranks second in terms of the total exports with a X% share, followed by Finland (X%).

From 2012 to 2022, the biggest increases were recorded for Finland (with a CAGR of X%), while shipments for the other leaders experienced mixed trends in the exports figures.

In value terms, Sweden ($X) remains the largest harvesting machinery supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was taken by Finland ($X), with a X% share of total exports.

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

Export Prices by Country

The export price in Scandinavia stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the export price, however, recorded a noticeable shrinkage. The pace of growth appeared the most rapid in 2013 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the maximum at $X per unit in 2014; however, from 2015 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 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 mixed trends in the export price figures.

Harvesting Machinery Imports

Imports in Scandinavia

In 2022, approx. X units of root or tuber harvesting machines were imported in Scandinavia; jumping by X% compared with the previous year. Total imports indicated a strong increase from 2012 to 2022: its volume 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, imports decreased by X% against 2020 indices. The pace of growth appeared the most rapid in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X units in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

In value terms, harvesting machinery imports surged to $X in 2022. Total imports indicated a buoyant increase 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, imports decreased by X% against 2020 indices. The most prominent rate of growth was recorded in 2013 when imports increased by X% against the previous year. The level of import peaked at $X in 2020; however, from 2021 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Sweden (X units) was the largest importer of root or tuber harvesting machines, achieving X% of total imports. Norway (X units) held a X% share (based on physical terms) of total imports, which put it in second place, followed by Finland (X%).

Imports into Sweden increased at an average annual rate of X% from 2012 to 2022. At the same time, Finland (X%) and Norway (X%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of X% from 2012-2022. While the share of Finland (X p.p.) increased significantly in terms of the total imports from 2012-2022, the share of Norway (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) constitutes the largest market for imported root or tuber harvesting machines in Scandinavia, comprising X% of total imports. The second position in the ranking was held by Norway ($X), with a X% share of total imports.

In Sweden, harvesting machinery 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

In 2022, the import price in Scandinavia amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the import price recorded a slight slump. The most prominent rate of growth was recorded in 2013 an increase of 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 remained at a somewhat lower figure.

Average prices varied somewhat amongst the major importing countries. In 2022, 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 Finland (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform

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