Scandinavia: Calendering Machine Market 2024

Calendering Machine Market Size in Scandinavia

The Scandinavia calendering machine market was estimated at $X in 2021, increasing by 11% against the previous year. Overall, consumption, however, showed a pronounced setback. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market failed to regain momentum.

Calendering Machine Production in Scandinavia

In value terms, calendering machine production contracted to $X in 2021 estimated in export price. The total output value increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2019 when the production volume increased by 12%. Over the period under review, production reached the maximum level at $X in 2020, and then shrank in the following year.

Calendering Machine Exports

Exports in Scandinavia

After four years of growth, shipments abroad of calendering and rolling machines decreased by -24.6% to X units in 2021. Over the period under review, exports recorded a pronounced curtailment. The growth pace was the most rapid in 2013 with an increase of 236% against the previous year. As a result, the exports attained the peak of X units. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, calendering machine exports shrank dramatically to $X in 2021. In general, exports showed a abrupt downturn. The growth pace was the most rapid in 2013 with an increase of 220% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Finland was the main exporter of calendering and rolling machines in Scandinavia, with the volume of exports amounting to X units, which was near 69% of total exports in 2021. Denmark (X units) took a 19% share (based on physical terms) of total exports, which put it in second place, followed by Norway (8.2%). Sweden (X units) took a little share of total exports.

From 2012 to 2021, average annual rates of growth with regard to calendering machine exports from Finland stood at -6.1%. At the same time, Denmark (+29.1%) and Norway (+15.0%) displayed positive paces of growth. Moreover, Denmark emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +29.1% from 2012-2021. By contrast, Sweden (-9.9%) illustrated a downward trend over the same period. Denmark (+18 p.p.) and Norway (+6.5 p.p.) significantly strengthened its position in terms of the total exports, while Sweden and Finland saw its share reduced by -3.6% and -20.4% from 2012 to 2021, respectively.

In value terms, Finland ($X), Denmark ($X) and Sweden ($X) constituted the countries with the highest levels of exports in 2021, with a combined 96% share of total exports.

Denmark, with a CAGR of +13.4%, saw the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per unit, dropping by -32.9% against the previous year. Overall, the export price saw a abrupt descent. The growth pace was the most rapid in 2016 when the export price increased by 32%. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: 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 2021, the most notable rate of growth in terms of prices was attained by Sweden (+3.0%), while the other leaders experienced a decline in the export price figures.

Calendering Machine Imports

Imports in Scandinavia

Calendering machine imports was estimated at X units in 2021, increasing by 1.8% compared with 2020 figures. Over the period under review, imports, however, saw a deep setback. The growth pace was the most rapid in 2015 when imports increased by 7,771%. As a result, imports attained the peak of X units. From 2016 to 2021, the growth of imports failed to regain momentum.

In value terms, calendering machine imports rose markedly to $X in 2021. In general, imports, however, showed a abrupt shrinkage. The pace of growth was the most pronounced in 2018 when imports increased by 67%. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Norway (X units) represented the main importer of calendering and rolling machines, generating 66% of total imports. Finland (X units) ranks second in terms of the total imports with an 11% share, followed by Sweden (10%) and Denmark (9.7%). Iceland (X units) held a minor share of total imports.

Norway was also the fastest-growing in terms of the calendering and rolling machines imports, with a CAGR of +11.7% from 2012 to 2021. Denmark (-1.5%), Finland (-1.8%), Sweden (-11.3%) and Iceland (-32.4%) illustrated a downward trend over the same period. Norway (+52 p.p.), Finland (+4 p.p.) and Denmark (+3.6 p.p.) significantly strengthened its position in terms of the total imports, while Sweden and Iceland saw its share reduced by -6.2% and -53.8% from 2012 to 2021, respectively.

In value terms, Finland ($X), Sweden ($X) and Denmark ($X) constituted the countries with the highest levels of imports in 2021, together accounting for 84% of total imports. Norway and Iceland lagged somewhat behind, together comprising a further 16%.

Among the main importing countries, Norway, with a CAGR of +6.6%, 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 a decline in the imports figures.

Import Prices by Country

The import price in Scandinavia stood at $X per unit in 2021, growing by 3.6% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 when the import price increased by 9,322%. As a result, import price attained the peak level of $X per unit. From 2017 to 2021, the import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Iceland (+37.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform