Scandinavia: Steam Blasting Machine Market 2024

Steam Blasting Machine Market Size in Scandinavia

The Scandinavia steam blasting machine market dropped to $X in 2023, waning by X% against the previous year. In general, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2019; however, from 2020 to 2023, consumption remained at a lower figure.

Steam Blasting Machine Production in Scandinavia

In value terms, steam blasting machine production declined to $X in 2023 estimated in export price. Over the period under review, production, however, continues to indicate significant growth. The pace of growth was the most pronounced in 2014 with an increase of X%. The level of production peaked at $X in 2020; however, from 2021 to 2023, production stood at a somewhat lower figure.

Steam Blasting Machine Exports

Exports in Scandinavia

Steam blasting machine exports contracted modestly to X units in 2023, dropping by X% on the year before. Over the period under review, exports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when exports increased by X%. As a result, the exports reached the peak of X units. From 2018 to 2023, the growth of the exports failed to regain momentum.

In value terms, steam blasting machine exports dropped slightly to $X in 2023. Overall, exports, however, enjoyed buoyant growth. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2022, and then contracted modestly in the following year.

Exports by Country

Sweden was the main exporting country with an export of around X units, which reached X% of total exports. It was distantly followed by Finland (X units) and Norway (X units), together comprising a X% share of total exports.

Exports from Sweden decreased at an average annual rate of X% from 2012 to 2023. At the same time, Finland (X%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of X% from 2012-2023. Norway experienced a relatively flat trend pattern. While the share of Finland (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Sweden (X p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

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

From 2012 to 2023, the average annual rate of growth in terms of value in Sweden totaled X%. In the other countries, the average annual rates were as follows: Finland (X% per year) and Norway (X% per year).

Export Prices by Country

In 2023, the export price in Scandinavia amounted to $X per unit, increasing by X% against the previous year. Overall, the export price showed resilient growth. The most prominent rate of growth was recorded in 2020 when the export price increased by X%. Over the period under review, the export prices attained the maximum in 2023 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Norway ($X per unit), while Sweden ($X per unit) 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.

Steam Blasting Machine Imports

Imports in Scandinavia

In 2023, the amount of steam or sand blasting machines and similar jet-projecting machines imported in Scandinavia dropped remarkably to X units, waning by X% against 2022 figures. Overall, imports saw a pronounced setback. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2023, imports remained at a lower figure.

In value terms, steam blasting machine imports fell to $X in 2023. In general, imports, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by X%. As a result, imports attained the peak of $X. From 2022 to 2023, the growth of imports remained at a somewhat lower figure.

Imports by Country

Sweden (X units) and Norway (X units) represented the major importers of steam or sand blasting machines and similar jet-projecting machines in 2023, amounting to approx. X% and X% of total imports, respectively. It was distantly followed by Finland (X units), constituting a X% share of total imports.

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

In value terms, Sweden ($X), Norway ($X) and Finland ($X) appeared to be the countries with the highest levels of imports in 2023.

Among the main importing countries, Sweden, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Scandinavia stood at $X per unit in 2023, surging by X% against the previous year. Import price indicated moderate growth from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, steam blasting machine import price increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2020 an increase of X%. The level of import peaked in 2023 and is expected to retain growth in the near future.

Average prices varied noticeably amongst the major importing countries. In 2023, amid the top importers, the country with the highest price was Norway ($X per unit), while Finland ($X per unit) 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 mixed trends in the import price figures.

Source: IndexBox Platform