Scandinavia: Multi-Station Transfer Machine Market 2025

Multi-Station Transfer Machine Market Size in Scandinavia

The Scandinavia multi-station transfer machine market surged to $X in 2021, picking up by 348% against the previous year. Over the period under review, consumption enjoyed significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Multi-Station Transfer Machine Production in Scandinavia

In value terms, multi-station transfer machine production contracted notably to $X in 2021 estimated in export price. Overall, production recorded a deep reduction. The most prominent rate of growth was recorded in 2018 when the production volume increased by 611% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2021, production growth remained at a somewhat lower figure.

Multi-Station Transfer Machine Exports

Exports in Scandinavia

In 2021, the amount of multi-station transfer machines for working metal exported in Scandinavia soared to X units, picking up by 211% against 2020 figures. Over the period under review, exports continue to indicate a buoyant increase. The most prominent rate of growth was recorded in 2018 with an increase of 550%. The volume of export peaked at X units in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, multi-station transfer machine exports declined sharply to $X in 2021. Overall, exports, however, continue to indicate a pronounced setback. The most prominent rate of growth was recorded in 2018 with an increase of 1,227% against the previous year. As a result, the exports reached the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

In 2021, Denmark (X units) represented the key exporter of multi-station transfer machines for working metal, constituting 68% of total exports. Norway (X units) ranks second in terms of the total exports with a 23% share, followed by Finland (7.1%). Sweden (X units) held a little share of total exports.

Denmark was also the fastest-growing in terms of the multi-station transfer machines for working metal exports, with a CAGR of +25.3% from 2012 to 2021. At the same time, Finland (+16.7%) and Norway (+11.2%) displayed positive paces of growth. Sweden experienced a relatively flat trend pattern. While the share of Denmark (+22 p.p.) and Sweden (+1.8 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Finland (-1.9 p.p.) and Norway (-22.2 p.p.) displayed negative dynamics.

In value terms, Norway ($X) remains the largest multi-station transfer machine supplier in Scandinavia, comprising 75% of total exports. The second position in the ranking was taken by Finland ($X), with a 12% share of total exports. It was followed by Denmark, with a 9.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Norway totaled +34.3%. The remaining exporting countries recorded the following average annual rates of exports growth: Finland (+3.4% per year) and Denmark (-23.5% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per unit in 2021, shrinking by -75.3% against the previous year. Overall, the export price showed a deep setback. The most prominent rate of growth was recorded in 2018 when the export price increased by 104% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, amid the top suppliers, 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 Norway (+20.8%), while the other leaders experienced a decline in the export price figures.

Multi-Station Transfer Machine Imports

Imports in Scandinavia

In 2021, imports of multi-station transfer machines for working metal in Scandinavia surged to X units, with an increase of 331% on the year before. Overall, imports showed a significant increase. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, multi-station transfer machine imports skyrocketed to $X in 2021. Over the period under review, imports, however, recorded a abrupt contraction. The pace of growth appeared the most rapid in 2017 when imports increased by 139% against the previous year. Over the period under review, imports attained the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Sweden dominates imports structure, finishing at X units, which was approx. 86% of total imports in 2021. Denmark (X units) ranks second in terms of the total imports with a 5.9% share, followed by Finland (4.8%). Norway (X units) held a relatively small share of total imports.

Sweden was also the fastest-growing in terms of the multi-station transfer machines for working metal imports, with a CAGR of +49.7% from 2012 to 2021. At the same time, Finland (+48.9%) and Norway (+24.1%) displayed positive paces of growth. By contrast, Denmark (-2.0%) illustrated a downward trend over the same period. From 2012 to 2021, the share of Sweden and Finland increased by +64 and +3.5 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Finland ($X) constitutes the largest market for imported multi-station transfer machines for working metal in Scandinavia, comprising 92% of total imports. The second position in the ranking was held by Sweden ($X), with a 6.5% share of total imports. It was followed by Denmark, with a 1.7% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Finland stood at +62.5%. In the other countries, the average annual rates were as follows: Sweden (-33.3% per year) and Denmark (-25.6% per year).

Import Prices by Country

In 2021, the import price in Scandinavia amounted to $X per unit, shrinking by -57.4% against the previous year. In general, the import price recorded a dramatic contraction. The most prominent rate of growth was recorded in 2015 an increase of 319%. Over the period under review, import prices reached the maximum at $X per unit in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+9.1%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform