Scandinavia: Industrial Brewery Machinery Market 2024

Industrial Brewery Machinery Market Size in Scandinavia

In 2022, the Scandinavia industrial brewery machinery market increased by X% to $X for the first time since 2018, thus ending a three-year declining trend. Over the period under review, consumption, however, recorded a abrupt descent. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Industrial Brewery Machinery Production in Scandinavia

In value terms, industrial brewery machinery production declined slightly to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt decrease. The pace of growth appeared the most rapid in 2014 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

Industrial Brewery Machinery Exports

Exports in Scandinavia

In 2022, after three years of growth, there was significant decline in shipments abroad of industrial brewery machinery, when their volume decreased by X% to X units. In general, exports, however, recorded strong growth. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. Over the period under review, the exports hit record highs at X units in 2021, and then contracted in the following year.

In value terms, industrial brewery machinery exports rose modestly to $X in 2022. Over the period under review, exports, however, continue to indicate a prominent increase. The pace of growth appeared the most rapid in 2019 with an increase of X%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the near future.

Exports by Country

Norway was the key exporting country with an export of about X units, which recorded X% of total exports. It was distantly followed by Sweden (X units) and Finland (X units), together creating a X% share of total exports.

Norway was also the fastest-growing in terms of the industrial brewery machinery exports, with a CAGR of X% from 2012 to 2022. At the same time, Sweden (X%) and Finland (X%) displayed positive paces of growth. From 2012 to 2022, the share of Norway increased by X percentage points.

In value terms, Norway ($X) remains the largest industrial brewery machinery supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was held by Sweden ($X), with an X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Norway amounted to X%. The remaining exporting countries recorded the following average annual rates of exports growth: Sweden (X% per year) and Finland (X% per year).

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per unit, rising by X% against the previous year. Overall, the export price, however, recorded a mild shrinkage. The pace of growth was the most pronounced in 2014 when the export price increased by X%. Over the period under review, the export prices reached the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

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

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

Industrial Brewery Machinery Imports

Imports in Scandinavia

In 2022, approx. X units of industrial brewery machinery were imported in Scandinavia; picking up by X% against the previous year. Over the period under review, imports recorded a prominent expansion. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, industrial brewery machinery imports soared to $X in 2022. In general, imports recorded a buoyant expansion. The pace of growth was the most pronounced in 2019 when imports increased by X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Finland (X units) and Sweden (X units) were the major importers of industrial brewery machinery in 2022, recording near X% and X% of total imports, respectively. It was distantly followed by Norway (X units), constituting a X% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Finland (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest industrial brewery machinery importing markets in Scandinavia were Finland ($X), Sweden ($X) and Norway ($X), with a combined X% share of total imports.

In terms of the main importing countries, Finland, with a CAGR of X%, saw the highest growth rate of 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

The import price in Scandinavia stood at $X per unit in 2022, with an increase of X% against the previous year. In general, the import price, however, recorded a slight reduction. The growth pace was the most rapid in 2019 when the import price increased by X% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Sweden ($X per unit), while Norway ($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 a decline in the import price figures.

Source: IndexBox Platform