Scandinavia: Metal Sawing Machine Market 2024

Metal Sawing Machine Market Size in Scandinavia

The Scandinavia metal sawing machine market skyrocketed to $X in 2022, increasing by X% against the previous year. Overall, consumption, however, recorded a pronounced setback. As a result, consumption reached the peak level of $X. From 2021 to 2022, the growth of the market failed to regain momentum.

Metal Sawing Machine Production in Scandinavia

In value terms, metal sawing machine production stood at $X in 2022 estimated in export price. In general, production, however, recorded a slight downturn. The pace of growth was the most pronounced in 2020 when the production volume increased by X%. As a result, production reached the peak level of $X. From 2021 to 2022, production growth failed to regain momentum.

Metal Sawing Machine Exports

Exports in Scandinavia

For the third year in a row, Scandinavia recorded decline in shipments abroad of sawing or cutting-off machines for working metal, which decreased by X% to X units in 2022. Over the period under review, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2019 with an increase of X%. 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, metal sawing machine exports fell sharply to $X in 2022. In general, exports recorded a abrupt decrease. The most prominent rate of growth was recorded in 2017 with an increase of X%. The level of export peaked at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

In 2022, Sweden (X units) and Norway (X units) represented the major exporters of sawing or cutting-off machines for working metal in Scandinavia, together comprising X% of total exports. It was distantly followed by Finland (X units), constituting a X% share of total exports.

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

In value terms, Sweden ($X), Norway ($X) and Finland ($X) appeared to be the countries with the highest levels of exports in 2022.

In terms of the main exporting countries, Norway, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, 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 unit in 2022, surging by X% against the previous year. Over the period under review, the export price recorded a prominent expansion. The most prominent rate of growth was recorded in 2016 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure in 2022 and is likely to see steady growth in the near future.

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

Metal Sawing Machine Imports

Imports in Scandinavia

In 2022, the amount of sawing or cutting-off machines for working metal imported in Scandinavia rose notably to X units, with an increase of X% compared with the year before. In general, imports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, imports reached the peak figure at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, metal sawing machine imports declined to $X in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X%. Over the period under review, imports attained the peak figure at $X in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Imports by Country

Norway represented the main importer of sawing or cutting-off machines for working metal in Scandinavia, with the volume of imports reaching X units, which was near X% of total imports in 2022. Sweden (X units) ranks second in terms of the total imports with a X% share, followed by Finland (X%).

Norway was also the fastest-growing in terms of the sawing or cutting-off machines for working metal imports, with a CAGR of X% from 2012 to 2022. Finland (X%) and Sweden (X%) illustrated a downward trend over the same period. Norway (X p.p.) significantly strengthened its position in terms of the total imports, while Finland and Sweden saw its share reduced by X% and X% from 2012 to 2022, respectively.

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

Finland, with a CAGR of X%, recorded the highest growth rate of 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, with a decrease of X% against the previous year. Over the period under review, the import price, however, continues to indicate a resilient increase. The pace of growth was the most pronounced in 2021 when the import price increased by X%. As a result, import price attained the peak level of $X per unit, and then declined markedly in the following year.

Prices varied noticeably by country of destination: 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 more modest paces of growth.

Source: IndexBox Platform

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