Scandinavia: Agricultural Harvester Market 2024

Agricultural Harvester Market Size in Scandinavia

In 2022, after two years of growth, there was decline in the Scandinavia agricultural harvester market, when its value decreased by X% to $X. In general, consumption, however, recorded a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2021, and then declined slightly in the following year.

Agricultural Harvester Production in Scandinavia

In value terms, agricultural harvester production totaled $X in 2022 estimated in export price. Over the period under review, production, however, showed a mild curtailment. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2022, production growth failed to regain momentum.

Agricultural Harvester Exports

Exports in Scandinavia

In 2022, overseas shipments of agricultural harvesters were finally on the rise to reach X units after three years of decline. In general, exports, however, saw a perceptible decline. The volume of export peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, agricultural harvester exports skyrocketed to $X in 2022. Over the period under review, exports, however, continue to indicate a deep slump. The most prominent rate of growth was recorded in 2017 when exports increased by X%. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sweden was the main exporter of agricultural harvesters in Scandinavia, with the volume of exports recording X units, which was near X% of total exports in 2022. It was distantly followed by Finland (X units) and Norway (X units), together creating a X% share of total exports.

Sweden was also the fastest-growing in terms of the agricultural harvesters exports, with a CAGR of X% from 2012 to 2022. Norway (X%) and Finland (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Sweden and Norway increased by X and X percentage points, respectively.

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

In Finland, agricultural harvester exports declined by an average annual rate of X% over the period from 2012-2022. The remaining exporting countries recorded the following average annual rates of exports growth: Sweden (X% per year) and Norway (X% per year).

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per unit, waning by X% against the previous year. Overall, the export price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. Over the period under review, the export prices attained the maximum at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

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

Agricultural Harvester Imports

Imports in Scandinavia

In 2022, imports of agricultural harvesters in Scandinavia totaled X units, growing by X% compared with the year before. Over the period under review, imports, however, continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2016 when imports increased by X% against the previous year. Over the period under review, imports reached the maximum at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, agricultural harvester imports reduced to $X in 2022. Overall, imports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by X%. As a result, imports attained the peak of $X, and then fell in the following year.

Imports by Country

Sweden was the main importer of agricultural harvesters in Scandinavia, with the volume of imports recording X units, which was near X% of total imports in 2022. Norway (X units) held the second position in the ranking, distantly followed by Finland (X units). All these countries together took approx. X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Norway (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

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

In Sweden, agricultural harvester imports remained relatively stable 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

The import price in Scandinavia stood at $X per unit in 2022, reducing by X% against the previous year. In general, the import price, however, posted buoyant growth. The pace of growth appeared the most rapid in 2015 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2018; however, from 2019 to 2022, import prices remained at a lower figure.

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

Source: IndexBox Platform