Scandinavia: Gouges And Chisels Market 2025

Gouges And Chisels Market Size in Scandinavia

The Scandinavia gouges and chisels market declined to $X in 2022, which is down by -2.6% against the previous year. The market value increased at an average annual rate of +1.5% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Gouges And Chisels Production in Scandinavia

In value terms, gouges and chisels production declined to $X in 2022 estimated in export price. Overall, production showed a noticeable shrinkage. The pace of growth was the most pronounced in 2013 when the production volume increased by 107% against the previous year. As a result, production attained the peak level of $X. From 2014 to 2022, production growth failed to regain momentum.

Gouges And Chisels Exports

Exports in Scandinavia

In 2022, approx. X tons of planes, chisels and gouges for working wood were exported in Scandinavia; reducing by -11.7% against 2021. Over the period under review, exports saw a perceptible reduction. The growth pace was the most rapid in 2018 with an increase of 71%. Over the period under review, the exports reached the maximum at X tons in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

In value terms, gouges and chisels exports dropped rapidly to $X in 2022. Overall, exports continue to indicate a pronounced setback. The growth pace was the most rapid in 2018 with an increase of 32% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Sweden dominates exports structure, amounting to X tons, which was approx. 92% of total exports in 2022. It was distantly followed by Norway (X tons), making up a 4.9% share of total exports. Finland (X tons) held a minor share of total exports.

Sweden experienced a relatively flat trend pattern with regard to volume of exports of planes, chisels and gouges for working wood. At the same time, Norway (+10.4%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +10.4% from 2012-2022. By contrast, Finland (-26.0%) illustrated a downward trend over the same period. While the share of Sweden (+34 p.p.) and Norway (+3.6 p.p.) increased significantly in terms of the total exports from 2012-2022, the share of Finland (-37.2 p.p.) displayed negative dynamics.

In value terms, Sweden ($X) remains the largest gouges and chisels supplier in Scandinavia, comprising 87% of total exports. The second position in the ranking was held by Norway ($X), with a 9.3% share of total exports.

In Sweden, gouges and chisels exports remained relatively stable over the period from 2012-2022. In the other countries, the average annual rates were as follows: Norway (+25.8% per year) and Finland (-20.7% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2022, which is down by -9.7% against the previous year. In general, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the export price increased by 31% against the previous year. Over the period under review, the export prices reached the peak figure at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices amongst the major exporting countries. In 2022, 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 (+14.0%), while the other leaders experienced mixed trends in the export price figures.

Gouges And Chisels Imports

Imports in Scandinavia

In 2022, the amount of planes, chisels and gouges for working wood imported in Scandinavia fell to X tons, with a decrease of -5.9% compared with the previous year's figure. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 with an increase of 23% against the previous year. As a result, imports reached the peak of X tons, and then shrank in the following year.

In value terms, gouges and chisels imports declined modestly to $X in 2022. The total import value increased at an average annual rate of +2.7% from 2012 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 20% against the previous year. As a result, imports reached the peak of $X, and then fell slightly in the following year.

Imports by Country

Sweden represented the largest importer of planes, chisels and gouges for working wood in Scandinavia, with the volume of imports accounting for X tons, which was approx. 51% of total imports in 2022. Finland (X tons) ranks second in terms of the total imports with a 25% share, followed by Norway (24%).

Sweden experienced a relatively flat trend pattern with regard to volume of imports of planes, chisels and gouges for working wood. At the same time, Finland (+1.2%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of +1.2% from 2012-2022. By contrast, Norway (-1.7%) illustrated a downward trend over the same period. Finland (+3 p.p.) significantly strengthened its position in terms of the total imports, while Norway saw its share reduced by -4.4% from 2012 to 2022, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the largest gouges and chisels importing markets in Scandinavia were Sweden ($X), Norway ($X) and Finland ($X).

Among the main importing countries, Norway, with a CAGR of +4.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per ton, picking up by 2.1% against the previous year. Over the last decade, it increased at an average annual rate of +2.7%. The pace of growth appeared the most rapid in 2016 an increase of 23%. The level of import peaked at $X per ton in 2020; however, from 2021 to 2022, import prices remained at a lower figure.

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 Norway ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+6.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform