Scandinavia: Market for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips 2024

Market Size for Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in Scandinavia

The Scandinavia chain scoops and sliders market declined to $X in 2022, falling by -8% against the previous year. Overall, consumption, however, enjoyed a strong increase. As a result, consumption attained the peak level of $X. From 2020 to 2022, the growth of the market remained at a somewhat lower figure.

Production of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips in Scandinavia

In value terms, chain scoops and sliders production fell to $X in 2022 estimated in export price. Overall, production, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2019 with an increase of 63% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2022, production growth remained at a lower figure.

Exports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Exports in Scandinavia

In 2022, after three years of growth, there was significant decline in overseas shipments of chain scoops, sliders, runners, end pieces and narrow strips, when their volume decreased by -9.9% to X tons. Overall, exports, however, continue to indicate resilient growth. The pace of growth was the most pronounced in 2013 when exports increased by 176% against the previous year. Over the period under review, the exports hit record highs at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, chain scoops and sliders exports fell markedly to $X in 2022. In general, exports, however, continue to indicate a perceptible expansion. The most prominent rate of growth was recorded in 2013 with an increase of 124% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Sweden dominates exports structure, amounting to X tons, which was near 94% of total exports in 2022. It was distantly followed by Norway (X tons), committing a 4.9% share of total exports.

Exports from Sweden increased at an average annual rate of +5.1% from 2012 to 2022. At the same time, Norway (+10.4%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +10.4% from 2012-2022. While the share of Norway (+1.9 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) remains the largest chain scoops and sliders supplier in Scandinavia, comprising 93% of total exports. The second position in the ranking was taken by Norway ($X), with a 5.3% share of total exports.

From 2012 to 2022, the average annual growth rate of value in Sweden stood at +3.4%.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, which is down by -18.4% against the previous year. In general, the export price saw a pronounced slump. The most prominent rate of growth was recorded in 2017 when the export price increased by 35%. Over the period under review, the export prices hit record highs at $X per ton in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per ton), while Sweden totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (-1.7%).

Imports of Chain Scoops, Sliders, Runners, End Pieces And Narrow Strips

Imports in Scandinavia

In 2022, supplies from abroad of chain scoops, sliders, runners, end pieces and narrow strips decreased by -7.6% to X tons for the first time since 2019, thus ending a two-year rising trend. The total import volume increased at an average annual rate of +1.0% over the period from 2012 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2017 when imports increased by 19% against the previous year. The volume of import peaked at X tons in 2021, and then contracted in the following year.

In value terms, chain scoops and sliders imports reached $X in 2022. Total imports indicated a tangible expansion from 2012 to 2022: its value increased at an average annual rate of +3.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +85.9% against 2019 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 42% against the previous year. Over the period under review, imports reached the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Sweden represented the key importing country with an import of about X tons, which finished at 60% of total imports. Norway (X tons) took the second position in the ranking, distantly followed by Finland (X tons). All these countries together took near 40% share of total imports.

Sweden experienced a relatively flat trend pattern with regard to volume of imports of chain scoops, sliders, runners, end pieces and narrow strips. At the same time, Norway (+8.2%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of +8.2% from 2012-2022. By contrast, Finland (-1.5%) illustrated a downward trend over the same period. Norway (+13 p.p.) significantly strengthened its position in terms of the total imports, while Finland and Sweden saw its share reduced by -4% and -9% from 2012 to 2022, respectively.

In value terms, Sweden ($X) constitutes the largest market for imported chain scoops, sliders, runners, end pieces and narrow strips in Scandinavia, comprising 65% of total imports. The second position in the ranking was held by Norway ($X), with a 21% share of total imports.

In Sweden, chain scoops and sliders imports increased at an average annual rate of +5.0% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Norway (+3.2% per year) and Finland (+0.2% per year).

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per ton, picking up by 21% against the previous year. Import price indicated a tangible increase from 2012 to 2022: its price increased at an average annual rate of +2.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, chain scoops and sliders import price increased by +75.0% against 2019 indices. The most prominent rate of growth was recorded in 2020 when the import price increased by 34%. The level of import peaked in 2022 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per ton), while Norway ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+5.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform