Scandinavia: Market for Continuous-Action Elevators And Conveyors 2025

Market Size for Continuous-Action Elevators And Conveyors in Scandinavia

In 2022, the Scandinavia continuous-action elevators and conveyors market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption, however, posted a prominent expansion. The level of consumption peaked at $X in 2021, and then declined markedly in the following year.

Production of Continuous-Action Elevators And Conveyors in Scandinavia

In value terms, continuous-action elevators and conveyors production contracted modestly to $X in 2022 estimated in export price. Overall, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Continuous-Action Elevators And Conveyors

Exports in Scandinavia

In 2022, approx. X units of continuous-action elevators and conveyors were exported in Scandinavia; growing by X% compared with the previous year's figure. In general, exports showed a resilient expansion. The pace of growth appeared the most rapid in 2019 with an increase of X%. As a result, the exports attained the peak of X units. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, continuous-action elevators and conveyors exports stood at $X in 2022. Overall, exports, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sweden was the key exporting country with an export of about X units, which reached X% of total exports. It was distantly followed by Finland (X units), comprising a X% share of total exports. Norway (X units) held a relatively small share of total exports.

Sweden was also the fastest-growing in terms of the continuous-action elevators and conveyors exports, with a CAGR of X% from 2012 to 2022. At the same time, Norway (X%) displayed positive paces of growth. By contrast, Finland (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Sweden increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest continuous-action elevators and conveyors supplying countries in Scandinavia were Sweden ($X), Finland ($X) and Norway ($X), together comprising X% of total exports.

Among the main exporting countries, Norway, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per unit, reducing by X% against the previous year. Over the period under review, the export price showed a deep contraction. The pace of growth appeared the most rapid in 2020 an increase of X% against the previous year. The level of export peaked at $X per unit in 2013; however, from 2014 to 2022, 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 Finland ($X per unit), while Sweden ($X per unit) was amongst the lowest.

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

Imports of Continuous-Action Elevators And Conveyors

Imports in Scandinavia

Continuous-action elevators and conveyors imports skyrocketed to X units in 2022, increasing by X% on the previous year's figure. Overall, imports showed a strong increase. The pace of growth was the most pronounced in 2015 when imports increased by X% against the previous year. As a result, imports attained the peak of X units. From 2016 to 2022, the growth of imports remained at a lower figure.

In value terms, continuous-action elevators and conveyors imports rose markedly to $X in 2022. Over the period under review, imports posted strong growth. The most prominent rate of growth was recorded in 2021 when imports increased by X%. The level of import peaked in 2022 and is likely to continue growth in years to come.

Imports by Country

Norway prevails in imports structure, resulting at X units, which was approx. X% of total imports in 2022. It was distantly followed by Finland (X units), generating a X% share of total imports.

Imports into Norway increased at an average annual rate of X% from 2012 to 2022. At the same time, Finland (X%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of X% from 2012-2022. From 2012 to 2022, the share of Finland increased by X percentage points.

In value terms, Norway ($X) and Finland ($X) were the countries with the highest levels of imports in 2022.

Among the main importing countries, Norway, with a CAGR of X%, recorded the highest growth rate of the value of imports, over the period under review.

Import Prices by Country

The import price in Scandinavia stood at $X per unit in 2022, declining by X% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2016 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2021, and then fell in the following year.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Finland ($X per unit), while Norway totaled $X per unit.

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

Source: IndexBox Platform