Scandinavia: Carbon Brush Market 2025

Carbon Brush Market Size in Scandinavia

In 2021, the Scandinavia carbon brush market increased by 6% to $X, rising for the second consecutive year after two years of decline. In general, consumption, however, continues to indicate a noticeable decrease. The most prominent rate of growth was recorded in 2020 when the market value increased by 9.1%. Over the period under review, the market hit record highs at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Carbon Brush Production in Scandinavia

In value terms, carbon brush production reduced to $X in 2021 estimated in export price. Over the period under review, production, however, showed a deep setback. The growth pace was the most rapid in 2020 with an increase of 36% against the previous year. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Carbon Brush Exports

Exports in Scandinavia

For the fourth year in a row, Scandinavia recorded decline in overseas shipments of carbon brushes, which decreased by -3.2% to X tons in 2021. Overall, exports showed a abrupt slump. The most prominent rate of growth was recorded in 2017 when exports increased by 0.6% against the previous year. Over the period under review, the exports hit record highs at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, carbon brush exports surged to $X in 2021. In general, exports saw a pronounced contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 42% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

In 2021, Denmark (X tons) was the main exporter of carbon brushes, making up 77% of total exports. It was distantly followed by Sweden (X tons), constituting a 21% share of total exports.

Denmark was also the fastest-growing in terms of the carbon brushes exports, with a CAGR of +1.9% from 2012 to 2021. Sweden (-19.2%) illustrated a downward trend over the same period. While the share of Denmark (+47 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Sweden (-46.2 p.p.) displayed negative dynamics.

In value terms, Sweden ($X) and Denmark ($X) were the countries with the highest levels of exports in 2021.

Denmark, with a CAGR of -1.6%, recorded the highest growth rate of the value of exports, in terms of the main exporting countries over the period under review.

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per ton, surging by 25% against the previous year. Export price indicated a tangible expansion from 2012 to 2021: its price increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, carbon brush export price increased by +84.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 an increase of 47% against the previous year. The level of export peaked in 2021 and is likely to see steady growth in the near future.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+16.6%).

Carbon Brush Imports

Imports in Scandinavia

Carbon brush imports fell modestly to X tons in 2021, which is down by -2.4% against the previous year. Overall, imports recorded a abrupt descent. The most prominent rate of growth was recorded in 2020 with an increase of 25%. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, carbon brush imports amounted to $X in 2021. In general, imports recorded a deep reduction. The most prominent rate of growth was recorded in 2018 when imports increased by 25% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Denmark (X tons) represented the main importer of carbon brushes, comprising 71% of total imports. Sweden (X tons) held a 19% share (based on physical terms) of total imports, which put it in second place, followed by Norway (6.3%). Finland (X tons) held a relatively small share of total imports.

Imports into Denmark decreased at an average annual rate of -6.2% from 2012 to 2021. At the same time, Norway (+1.2%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of +1.2% from 2012-2021. By contrast, Sweden (-1.2%) and Finland (-13.7%) illustrated a downward trend over the same period. While the share of Sweden (+6.2 p.p.) and Norway (+2.9 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Finland (-3.7 p.p.) and Denmark (-5.2 p.p.) displayed negative dynamics.

In value terms, Denmark ($X), Sweden ($X) and Norway ($X) appeared to be the countries with the highest levels of imports in 2021, together accounting for 92% of total imports.

Norway, with a CAGR of +0.5%, saw 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 ton in 2021, increasing by 4.7% against the previous year. Overall, the import price, however, recorded a mild decline. The most prominent rate of growth was recorded in 2018 an increase of 10% against the previous year. Over the period under review, import prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+4.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform