Scandinavia: Market for Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables 2024

Market Size for Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables in Scandinavia

The Scandinavia market for machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables was finally on the rise to reach $X in 2021, after two years of decline. Overall, consumption, however, continues to indicate a prominent expansion. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption stood at a somewhat lower figure.

Production of Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables in Scandinavia

In value terms, production of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables rose sharply to $X in 2021 estimated in export price. The total production indicated a mild expansion from 2012 to 2021: its value increased at an average annual rate of +1.3% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -40.5% against 2018 indices. The most prominent rate of growth was recorded in 2018 with an increase of 52% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production of growth remained at a somewhat lower figure.

Exports of Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables

Exports in Scandinavia

In 2021, exports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables in Scandinavia skyrocketed to X units, picking up by 56% against the year before. Total exports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +6.0% 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 +64.4% against 2018 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, exports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables soared to $X in 2021. Over the period under review, exports showed a relatively flat trend pattern. The level of export peaked at $X in 2013; however, from 2014 to 2021, the exports failed to regain momentum.

Exports by Country

The shipments of the one major exporters of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables, namely Denmark, represented more than two-thirds of total export.

Denmark was also the fastest-growing in terms of the machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables exports, with a CAGR of +6.2% from 2012 to 2021. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, Denmark ($X) also remains the largest seed cleaning, sorting and grading machine supplier in Scandinavia.

In Denmark, exports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables remained relatively stable over the period from 2012-2021.

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per unit, with an increase of 13% against the previous year. Over the period under review, the export price, however, recorded a deep reduction. Over the period under review, the export prices attained the peak figure at $X per unit in 2013; however, from 2014 to 2021, the export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Denmark.

From 2012 to 2021, the rate of growth in terms of prices for Denmark amounted to -5.0% per year.

Imports of Machines For Cleaning, Sorting Or Grading Seed, Grain Or Dried Leguminous Vegetables

Imports in Scandinavia

In 2021, the amount of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables imported in Scandinavia shrank to X units, falling by -14.9% on the year before. In general, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 when imports increased by 164%. As a result, imports reached the peak of X units. From 2019 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables skyrocketed to $X in 2021. Overall, imports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of 96% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Denmark was the key importer of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables in Scandinavia, with the volume of imports reaching X units, which was near 59% of total imports in 2021. Sweden (X units) ranks second in terms of the total imports with a 26% share, followed by Norway (9.4%). Finland (X units) and Iceland (X units) followed a long way behind the leaders.

Imports into Denmark increased at an average annual rate of +3.8% from 2012 to 2021. At the same time, Iceland (+26.2%), Norway (+9.0%) and Sweden (+2.5%) displayed positive paces of growth. Moreover, Iceland emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of +26.2% from 2012-2021. By contrast, Finland (-19.4%) illustrated a downward trend over the same period. While the share of Denmark (+13 p.p.), Norway (+4.7 p.p.), Sweden (+3.5 p.p.) and Iceland (+1.8 p.p.) increased significantly in terms of the total imports from 2012-2021, the share of Finland (-22.8 p.p.) displayed negative dynamics.

In value terms, Denmark ($X) constitutes the largest market for imported machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables in Scandinavia, comprising 59% of total imports. The second position in the ranking was taken by Sweden ($X), with a 22% share of total imports. It was followed by Norway, with a 15% share.

In Denmark, imports of machines for cleaning, sorting or grading seed, grain or dried leguminous vegetables increased at an average annual rate of +7.9% over the period from 2012-2021. In the other countries, the average annual rates were as follows: Sweden (-3.7% per year) and Norway (+4.8% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per unit in 2021, rising by 130% against the previous year. In general, the import price, however, showed a slight downturn. The level of import peaked at $X per unit in 2016; however, from 2017 to 2021, import prices remained at a 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 ($X per unit), while Finland ($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 import price figures.

Source: IndexBox Platform