Scandinavia: Market for Digital Data Processing Machines: Presented In The Form Of Systems 2025

Market Size for Digital Data Processing Machines: Presented In The Form Of Systems in Scandinavia

After two years of decline, the Scandinavia digital data processing machine market increased by 47% to $X in 2021. Over the period under review, consumption, however, showed a abrupt contraction. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption stood at a somewhat lower figure.

Production of Digital Data Processing Machines: Presented In The Form Of Systems in Scandinavia

In value terms, digital data processing machine production reduced notably to $X in 2021 estimated in export price. Overall, production, however, continues to indicate a perceptible setback. The pace of growth appeared the most rapid in 2019 with an increase of 65%. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Digital Data Processing Machines: Presented In The Form Of Systems

Exports in Scandinavia

In 2021, overseas shipments of digital data processing machines: presented in the form of systems decreased by -3.3% to X units, falling for the second year in a row after three years of growth. In general, exports saw a mild setback. The most prominent rate of growth was recorded in 2013 when exports increased by 16% against the previous year. The volume of export peaked at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, digital data processing machine exports soared to $X in 2021. Overall, exports saw a perceptible curtailment. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Sweden was the key exporting country with an export of around X units, which recorded 60% of total exports. It was distantly followed by Denmark (X units) and Norway (X units), together comprising a 36% share of total exports. Finland (X units) followed a long way behind the leaders.

From 2012 to 2021, average annual rates of growth with regard to digital data processing machine exports from Sweden stood at -1.9%. At the same time, Denmark (+10.1%) displayed positive paces of growth. Moreover, Denmark emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +10.1% from 2012-2021. By contrast, Finland (-5.5%) and Norway (-6.3%) illustrated a downward trend over the same period. While the share of Denmark (+15 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Finland (-2.1 p.p.), Sweden (-3.5 p.p.) and Norway (-7 p.p.) displayed negative dynamics.

In value terms, Sweden ($X), Norway ($X) and Denmark ($X) constituted the countries with the highest levels of exports in 2021, together comprising 90% of total exports.

In terms of the main exporting countries, Denmark, with a CAGR of +5.7%, saw the highest rates of growth with regard to 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

The export price in Scandinavia stood at $X per unit in 2021, rising by 33% against the previous year. In general, the export price, however, showed a perceptible curtailment. 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 stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, the country with the highest price was Norway ($X per unit), while Sweden ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+6.9%), while the other leaders experienced a decline in the export price figures.

Imports of Digital Data Processing Machines: Presented In The Form Of Systems

Imports in Scandinavia

In 2021, after two years of decline, there was significant growth in purchases abroad of digital data processing machines: presented in the form of systems, when their volume increased by 17% to X units. Overall, imports, however, showed a deep contraction. The growth pace was the most rapid in 2015 when imports increased by 51% against the previous year. The volume of import peaked at X units in 2013; however, from 2014 to 2021, imports failed to regain momentum.

In value terms, digital data processing machine imports surged to $X in 2021. Total imports indicated perceptible growth from 2012 to 2021: its value 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. The most prominent rate of growth was recorded in 2018 with an increase of 47% against the previous year. The level of import peaked in 2021 and is likely to continue growth in the near future.

Imports by Country

The countries with the highest levels of digital data processing machine imports in 2021 were Sweden (X units), Norway (X units) and Denmark (X units), together amounting to 93% of total import. It was distantly followed by Finland (X units), committing a 6.6% share of total imports.

From 2012 to 2021, the biggest increases were recorded for Norway (with a CAGR of +2.5%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Sweden ($X), Norway ($X) and Denmark ($X) were the countries with the highest levels of imports in 2021, with a combined 89% share of total imports.

Norway, with a CAGR of +10.3%, recorded the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Scandinavia amounted to $X per unit, with an increase of 24% against the previous year. Over the period under review, the import price enjoyed buoyant growth. The growth pace was the most rapid in 2017 an increase of 106%. Over the period under review, import prices attained the maximum in 2021 and is likely to see steady growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+11.3%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform