Scandinavia: Base Station Market 2025

Base Station Market Size in Scandinavia

In 2021, the Scandinavia base station market increased by 6.4% to $X, rising for the fifth year in a row after two years of decline. The market value increased at an average annual rate of +2.5% over the period from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The level of consumption peaked in 2021 and is likely to see gradual growth in the immediate term.

Base Station Production in Scandinavia

In value terms, base station production reduced notably to $X in 2021 estimated in export price. In general, production recorded a sharp descent. The most prominent rate of growth was recorded in 2019 with an increase of 6.9%. Over the period under review, production reached the maximum level at $X in 2020, and then dropped rapidly in the following year.

Base Station Exports

Exports in Scandinavia

In 2021, approx. X tons of base stations were exported in Scandinavia; reducing by -47.2% against the previous year's figure. In general, exports showed a abrupt shrinkage. The growth pace was the most rapid in 2013 when exports increased by 34%. As a result, the exports reached the peak of X tons. From 2014 to 2021, the growth of the exports failed to regain momentum.

In value terms, base station exports fell significantly to $X in 2021. Over the period under review, exports recorded a dramatic descent. The pace of growth appeared the most rapid in 2013 with an increase of 21%. Over the period under review, the exports attained the maximum at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Sweden represented the main exporting country with an export of about X tons, which recorded 61% of total exports. It was distantly followed by Denmark (X tons), constituting a 33% share of total exports. The following exporters - Norway (X tons) and Finland (X tons) - each recorded a 6.2% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Denmark (with a CAGR of +0.8%), while the other leaders experienced a decline in the exports figures.

In value terms, Sweden ($X) remains the largest base station supplier in Scandinavia, comprising 53% of total exports. The second position in the ranking was taken by Denmark ($X), with a 19% share of total exports. It was followed by Norway, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Sweden stood at -25.5%. The remaining exporting countries recorded the following average annual rates of exports growth: Denmark (-2.3% per year) and Norway (+10.7% per year).

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per ton, falling by -21% against the previous year. In general, the export price recorded a pronounced shrinkage. The most prominent rate of growth was recorded in 2017 when the export price increased by 26%. Over the period under review, the export prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of origin: the country with the highest price was Norway ($X per ton), while Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+14.3%), while the other leaders experienced mixed trends in the export price figures.

Base Station Imports

Imports in Scandinavia

In 2021, the amount of base stations imported in Scandinavia rose markedly to X tons, growing by 15% compared with 2020 figures. Over the period under review, imports, however, recorded a abrupt setback. The pace of growth appeared the most rapid in 2013 when imports increased by 57%. Over the period under review, imports attained the peak figure at X tons in 2014; however, from 2015 to 2021, imports failed to regain momentum.

In value terms, base station imports fell notably to $X in 2021. In general, imports, however, continue to indicate a sharp decrease. The pace of growth appeared the most rapid in 2014 when imports increased by 8.1% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Denmark was the main importer of base stations in Scandinavia, with the volume of imports reaching X tons, which was approx. 58% of total imports in 2021. Finland (X tons) held a 28% share (based on physical terms) of total imports, which put it in second place, followed by Sweden (7.6%) and Norway (4.7%).

From 2012 to 2021, average annual rates of growth with regard to base station imports into Denmark stood at +4.9%. At the same time, Finland (+10.0%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of +10.0% from 2012-2021. By contrast, Norway (-25.9%) and Sweden (-34.9%) illustrated a downward trend over the same period. While the share of Denmark (+50 p.p.) and Finland (+26 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Norway (-9.7 p.p.) and Sweden (-67.6 p.p.) displayed negative dynamics.

In value terms, the largest base station importing markets in Scandinavia were Sweden ($X), Denmark ($X) and Finland ($X), with a combined 77% share of total imports.

Among the main importing countries, Finland, with a CAGR of +2.1%, recorded the highest growth rate of the value of imports, 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 ton in 2021, waning by -34.5% against the previous year. Overall, the import price continues to indicate a deep setback. The pace of growth was the most pronounced in 2017 when the import price increased by 29% against the previous year. The level of import peaked at $X per ton in 2012; however, from 2013 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Norway ($X per ton), while Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+10.5%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform