Scandinavia: Mechanical Stoker Market 2024

Mechanical Stoker Market Size in Scandinavia

The Scandinavia mechanical stoker market dropped to $X in 2022, falling by -9.5% against the previous year. The total consumption indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +2.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The level of consumption peaked at $X in 2021, and then fell in the following year.

Mechanical Stoker Production in Scandinavia

In value terms, mechanical stoker production expanded rapidly to $X in 2022 estimated in export price. The total production indicated measured growth from 2012 to 2022: its value increased at an average annual rate of +2.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2016 when the production volume increased by 129% against the previous year. The level of production peaked at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Mechanical Stoker Exports

Exports in Scandinavia

Mechanical stoker exports skyrocketed to X tons in 2022, with an increase of 19% on the previous year's figure. In general, exports, however, showed a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 140%. The volume of export peaked at X tons in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, mechanical stoker exports skyrocketed to $X in 2022. Over the period under review, exports, however, continue to indicate a deep setback. The most prominent rate of growth was recorded in 2020 when exports increased by 206% against the previous year. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Finland prevails in exports structure, recording X tons, which was approx. 98% of total exports in 2022. Sweden (X tons) followed a long way behind the leaders.

Finland was also the fastest-growing in terms of the mechanical stokers exports, with a CAGR of -6.6% from 2012 to 2022. Sweden (-18.8%) illustrated a downward trend over the same period. Finland (+6.6 p.p.) significantly strengthened its position in terms of the total exports, while Sweden saw its share reduced by -6.5% from 2012 to 2022, respectively.

In value terms, Finland ($X) remains the largest mechanical stoker supplier in Scandinavia, comprising 97% of total exports. The second position in the ranking was held by Sweden ($X), with a 1.9% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value in Finland amounted to -7.5%.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, picking up by 2.6% against the previous year. Over the period under review, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 an increase of 27% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2021 to 2022, the export prices remained at a lower figure.

Average prices varied noticeably amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Finland ($X per ton), while Sweden totaled $X per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (-1.0%).

Mechanical Stoker Imports

Imports in Scandinavia

In 2022, after three years of growth, there was significant decline in supplies from abroad of mechanical stokers, when their volume decreased by -31.4% to X tons. Overall, imports continue to indicate a abrupt descent. The pace of growth was the most pronounced in 2021 when imports increased by 30%. The volume of import peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, mechanical stoker imports fell remarkably to $X in 2022. In general, imports faced a abrupt contraction. The growth pace was the most rapid in 2021 with an increase of 24%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Sweden (X tons) and Norway (X tons) prevails in imports structure, together creating 95% of total imports. It was distantly followed by Finland (X tons), committing a 4.8% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of -5.7%), while purchases for the other leaders experienced a decline in the imports figures.

In value terms, Sweden ($X), Norway ($X) and Finland ($X) were the countries with the highest levels of imports in 2022.

Among the main importing countries, Sweden, with a CAGR of -6.8%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per ton, with a decrease of -11.6% against the previous year. Overall, the import price showed a mild decrease. The pace of growth was the most pronounced in 2018 an increase of 23% against the previous year. Over the period under review, import prices reached the peak figure at $X per ton in 2014; however, from 2015 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Sweden ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (-1.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform