Scandinavia: Motorised Invalid Carriage Market 2025

Motorised Invalid Carriage Market Size in Scandinavia

The Scandinavia motorised invalid carriage market shrank slightly to $X in 2021, falling by -3% against the previous year. Overall, consumption showed a strong increase. Over the period under review, the market attained the peak level at $X in 2015; however, from 2016 to 2021, consumption failed to regain momentum.

Motorised Invalid Carriage Production in Scandinavia

In value terms, motorised invalid carriage production declined to $X in 2021 estimated in export price. Overall, production, however, saw a abrupt decline. The most prominent rate of growth was recorded in 2014 when the production volume increased by 16% against the previous year. As a result, production reached the peak level of $X. From 2015 to 2021, production growth failed to regain momentum.

Motorised Invalid Carriage Exports

Exports in Scandinavia

In 2021, after two years of decline, there was significant growth in shipments abroad of invalid carriages motorised or mechanically propelled, when their volume increased by 32% to X units. The total export volume increased at an average annual rate of +3.2% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, motorised invalid carriage exports rose to $X in 2021. Over the period under review, exports, however, continue to indicate a perceptible decline. The most prominent rate of growth was recorded in 2016 with an increase of 17%. The level of export peaked at $X in 2017; however, from 2018 to 2021, the exports remained at a lower figure.

Exports by Country

Denmark (X units) and Sweden (X units) dominates exports structure, together committing 89% of total exports. It was distantly followed by Norway (X units), achieving a 10% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main exporting countries, was attained by Denmark (with a CAGR of +19.3%), while the other leaders experienced a decline in the exports figures.

In value terms, the largest motorised invalid carriage supplying countries in Scandinavia were Sweden ($X), Denmark ($X) and Norway ($X), together comprising 99% of total exports.

In terms of the main exporting countries, Denmark, with a CAGR of +24.0%, 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 a decline in the exports figures.

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per unit, waning by -22% against the previous year. Over the period under review, the export price continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2014 an increase of 36% against the previous year. The level of export peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Sweden ($X per unit), while Norway ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+4.0%), while the other leaders experienced a decline in the export price figures.

Motorised Invalid Carriage Imports

Imports in Scandinavia

After three years of decline, overseas purchases of invalid carriages motorised or mechanically propelled increased by 42% to X units in 2021. Overall, imports, however, saw a mild curtailment. The volume of import peaked at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, motorised invalid carriage imports rose notably to $X in 2021. The total import value increased at an average annual rate of +2.4% over the period from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations in certain years. The pace of growth appeared the most rapid in 2014 with an increase of 15% against the previous year. The level of import peaked at $X in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Denmark (X units) and Norway (X units) were the major importers of invalid carriages motorised or mechanically propelled in 2021, resulting at approx. 38% and 30% of total imports, respectively. Sweden (X units) ranks next in terms of the total imports with an 18% share, followed by Finland (13%).

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the key importing countries, was attained by Norway (with a CAGR of +11.4%), while imports for the other leaders experienced mixed trends in the imports figures.

In value terms, Norway ($X) constitutes the largest market for imported invalid carriages motorised or mechanically propelled in Scandinavia, comprising 64% of total imports. The second position in the ranking was taken by Sweden ($X), with a 17% share of total imports. It was followed by Denmark, with an 11% share.

In Norway, motorised invalid carriage imports increased at an average annual rate of +5.5% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Sweden (+1.6% per year) and Denmark (+4.0% per year).

Import Prices by Country

In 2021, the import price in Scandinavia amounted to $X per unit, waning by -21% against the previous year. Import price indicated measured growth from 2012 to 2021: its price increased at an average annual rate of +3.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, motorised invalid carriage import price decreased by -29.9% against 2019 indices. The pace of growth appeared the most rapid in 2016 an increase of 36% against the previous year. Over the period under review, import prices reached the peak figure at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

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 Norway ($X per unit), while Denmark ($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 (+5.4%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform