Scandinavia: Market for Domestic, Non-Electric, Cooking Or Heating Appliances 2025

Market Size for Domestic, Non-Electric, Cooking Or Heating Appliances in Scandinavia

In 2021, the Scandinavia market for domestic, non-electric, cooking or heating appliances was finally on the rise to reach $X after three years of decline. The total consumption indicated strong growth from 2012 to 2021: its value increased at an average annual rate of +6.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Domestic, Non-Electric, Cooking Or Heating Appliances in Scandinavia

In value terms, production of domestic, non-electric, cooking or heating appliances declined dramatically to $X in 2021 estimated in export price. Overall, production showed a abrupt curtailment. The most prominent rate of growth was recorded in 2020 when the production volume increased by 11% against the previous year. The level of production peaked at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Exports of Domestic, Non-Electric, Cooking Or Heating Appliances

Exports in Scandinavia

In 2021, exports of domestic, non-electric, cooking or heating appliances in Scandinavia surged to X tons, rising by 28% compared with the previous year. The total export volume increased at an average annual rate of +1.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of domestic, non-electric, cooking or heating appliances skyrocketed to $X in 2021. Total exports indicated a tangible increase from 2012 to 2021: its value increased at an average annual rate of +4.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +112.2% against 2015 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

In 2021, Denmark (X tons) was the largest exporter of domestic, non-electric, cooking or heating appliances, comprising 54% of total exports. It was distantly followed by Sweden (X tons), Finland (X tons) and Norway (X tons), together achieving a 46% share of total exports.

From 2012 to 2021, average annual rates of growth with regard to domestic, non-electric, cooking or heating appliance exports from Denmark stood at -1.1%. At the same time, Finland (+17.6%) and Sweden (+5.0%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +17.6% from 2012-2021. By contrast, Norway (-1.3%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Finland and Sweden increased by +11 and +6.2 percentage points, respectively.

In value terms, Denmark ($X), Sweden ($X) and Finland ($X) appeared to be the countries with the highest levels of exports in 2021, together accounting for 95% of total exports.

In terms of the main exporting countries, Finland, with a CAGR of +11.9%, 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 more modest paces of growth.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2021, increasing by 13% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.8%. The growth pace was the most rapid in 2016 an increase of 20%. The level of export peaked in 2021 and is likely to see steady growth in the immediate term.

Average prices varied noticeably amongst the major exporting countries. In 2021, major exporting countries recorded the following prices: in Sweden ($X per ton) and Norway ($X per ton), while Finland ($X per ton) and Denmark ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+5.1%), while the other leaders experienced more modest paces of growth.

Imports of Domestic, Non-Electric, Cooking Or Heating Appliances

Imports in Scandinavia

In 2021, overseas purchases of domestic, non-electric, cooking or heating appliances increased by 50% to X tons, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +4.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of domestic, non-electric, cooking or heating appliances soared to $X in 2021. Total imports indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +6.1% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Denmark (X tons) and Sweden (X tons) represented the main importers of domestic, non-electric, cooking or heating appliances in Scandinavia, together amounting to approx. 61% of total imports. Norway (X tons) took the next position in the ranking, followed by Finland (X tons). All these countries together held near 37% share of total imports. Iceland (X tons) held a minor share of total imports.

From 2012 to 2021, the biggest increases were recorded for Iceland (with a CAGR of +13.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Denmark ($X) and Norway ($X) constituted the countries with the highest levels of imports in 2021, with a combined 83% share of total imports. Finland and Iceland lagged somewhat behind, together comprising a further 17%.

Iceland, with a CAGR of +12.6%, recorded the highest rates of growth with regard to the value of imports, in terms of 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

The import price in Scandinavia stood at $X per ton in 2021, increasing by 9% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.3%. The pace of growth appeared the most rapid in 2016 when the import price increased by 12% against the previous year. The level of import peaked in 2021 and is expected to retain growth in years to come.

Average prices varied somewhat amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Norway ($X per ton) and Iceland ($X per ton), while Finland ($X per ton) and Denmark ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+3.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform