Scandinavia: Electronic Material Tester Market 2025

Electronic Material Tester Market Size in Scandinavia

In 2021, after four years of decline, there was significant growth in the Scandinavia electronic material tester market, when its value increased by 33% to $X. The market value increased at an average annual rate of +2.4% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2014; however, from 2015 to 2021, consumption remained at a lower figure.

Electronic Material Tester Production in Scandinavia

In value terms, electronic material tester production expanded sharply to $X in 2021 estimated in export price. Overall, production, however, recorded a noticeable decrease. The growth pace was the most rapid in 2013 with an increase of 28% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2021, production growth remained at a lower figure.

Electronic Material Tester Exports

Exports in Scandinavia

In 2021, overseas shipments of electronic machines and appliances for testing materials decreased by -4.1% to X units, falling for the third consecutive year after three years of growth. In general, exports showed a perceptible descent. The most prominent rate of growth was recorded in 2014 with an increase of 51% against the previous year. As a result, the exports attained the peak of X units. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, electronic material tester exports shrank to $X in 2021. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 with an increase of 23%. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Denmark (X units) and Sweden (X units) dominates exports structure, together making up 85% of total exports. Finland (X units) held the next position in the ranking, followed by Norway (X units). All these countries together took near 15% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Norway (with a CAGR of +17.3%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, Sweden ($X) remains the largest electronic material tester supplier in Scandinavia, comprising 52% of total exports. The second position in the ranking was taken by Finland ($X), with a 25% share of total exports. It was followed by Denmark, with a 21% share.

In Sweden, electronic material tester exports increased at an average annual rate of +2.8% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Finland (-0.9% per year) and Denmark (-1.9% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per unit in 2021, with a decrease of -2.7% against the previous year. Export price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +5.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, electronic material tester export price increased by +42.6% against 2017 indices. The pace of growth appeared the most rapid in 2013 when the export price increased by 46% against the previous year. Over the period under review, the export prices reached the peak figure at $X per unit in 2020, and then declined in the following year.

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 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 (+13.4%), while the other leaders experienced more modest paces of growth.

Electronic Material Tester Imports

Imports in Scandinavia

In 2021, after two years of decline, there was significant growth in overseas purchases of electronic machines and appliances for testing materials, when their volume increased by 30% to X units. Over the period under review, imports, however, recorded a pronounced curtailment. The volume of import peaked at X units in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, electronic material tester imports soared to $X in 2021. The total import value increased at an average annual rate of +2.7% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Sweden (X units), Norway (X units) and Denmark (X units) represented roughly 94% of total imports in 2021. It was distantly followed by Finland (X units), creating a 5.3% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Norway (with a CAGR of +3.7%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest electronic material tester importing markets in Scandinavia were Sweden ($X), Norway ($X) and Denmark ($X), together comprising 85% of total imports.

Among the main importing countries, Sweden, with a CAGR of +7.4%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

In 2021, the import price in Scandinavia amounted to $X per unit, with an increase of 8.1% against the previous year. Import price indicated a strong expansion from 2012 to 2021: its price increased at an average annual rate of +7.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, electronic material tester import price increased by +65.0% against 2018 indices. The pace of growth appeared the most rapid in 2013 an increase of 37%. Over the period under review, import prices attained the peak figure in 2021 and is expected to retain 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 (+17.0%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform