Scandinavia: Market for Iron Or Steel Bridges And Bridge-Sections 2025

Market Size for Iron Or Steel Bridges And Bridge-Sections in Scandinavia

The Scandinavia iron or steel bridges market was finally on the rise to reach $X in 2022, after three years of decline. Overall, consumption saw a significant expansion. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Production of Iron Or Steel Bridges And Bridge-Sections in Scandinavia

In value terms, iron or steel bridges production soared to $X in 2022 estimated in export price. Over the period under review, production, however, showed a mild setback. Over the period under review, production hit record highs at $X in 2013; however, from 2014 to 2022, production failed to regain momentum.

Exports of Iron Or Steel Bridges And Bridge-Sections

Exports in Scandinavia

In 2022, the amount of iron or steel bridges and bridge-sections exported in Scandinavia soared to X tons, rising by 29% against the year before. In general, exports, however, faced a abrupt setback. The pace of growth was the most pronounced in 2018 when exports increased by 130% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, iron or steel bridges exports soared to $X in 2022. Over the period under review, exports, however, showed a relatively flat trend pattern. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports remained at a lower figure.

Exports by Country

In 2022, Norway (X tons) was the major exporter of iron or steel bridges and bridge-sections, constituting 65% of total exports. It was distantly followed by Finland (X tons), constituting a 31% share of total exports. Sweden (X tons) followed a long way behind the leaders.

Norway was also the fastest-growing in terms of the iron or steel bridges and bridge-sections exports, with a CAGR of +13.5% from 2012 to 2022. Finland (-17.1%) and Sweden (-33.3%) illustrated a downward trend over the same period. Norway (+61 p.p.) significantly strengthened its position in terms of the total exports, while Finland and Sweden saw its share reduced by -15.6% and -45% from 2012 to 2022, respectively.

In value terms, Norway ($X) emerged as the largest iron or steel bridges supplier in Scandinavia, comprising 81% of total exports. The second position in the ranking was held by Finland ($X), with a 17% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Norway amounted to +24.5%. The remaining exporting countries recorded the following average annual rates of exports growth: Finland (-11.5% per year) and Sweden (-27.4% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, surging by 61% against the previous year. Overall, the export price recorded a resilient increase. The pace of growth appeared the most rapid in 2021 an increase of 86% against the previous year. Over the period under review, the export prices hit record highs in 2022 and is likely to see gradual growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+9.7%), while the other leaders experienced more modest paces of growth.

Imports of Iron Or Steel Bridges And Bridge-Sections

Imports in Scandinavia

In 2022, approx. X tons of iron or steel bridges and bridge-sections were imported in Scandinavia; falling by -21.3% on the previous year. Overall, imports continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2017 with an increase of 124%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, iron or steel bridges imports contracted to $X in 2022. Over the period under review, imports continue to indicate a abrupt slump. The growth pace was the most rapid in 2017 with an increase of 161%. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

Sweden represented the largest importer of iron or steel bridges and bridge-sections in Scandinavia, with the volume of imports reaching X tons, which was near 81% of total imports in 2022. It was distantly followed by Norway (X tons), mixing up a 15% share of total imports. Finland (X tons) followed a long way behind the leaders.

Sweden was also the fastest-growing in terms of the iron or steel bridges and bridge-sections imports, with a CAGR of -2.2% from 2012 to 2022. Finland (-11.1%) and Norway (-21.0%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Sweden increased by +44 percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) constitutes the largest market for imported iron or steel bridges and bridge-sections in Scandinavia, comprising 71% of total imports. The second position in the ranking was taken by Norway ($X), with a 24% share of total imports.

In Sweden, iron or steel bridges imports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Norway (-14.0% per year) and Finland (-4.6% per year).

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per ton, picking up by 18% against the previous year. Import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, iron or steel bridges import price increased by +9.6% against 2019 indices. The pace of growth was the most pronounced in 2019 when the import price increased by 51%. Over the period under review, import prices reached the peak figure in 2022 and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+8.8%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform