Scandinavia: Non-Electric Pulley Tackle Market 2025

Non-Electric Pulley Tackle Market Size in Scandinavia

After two years of growth, the Scandinavia non-electric pulley tackle market decreased by -5.2% to $X in 2022. In general, consumption, however, continues to indicate a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2022, consumption failed to regain momentum.

Non-Electric Pulley Tackle Production in Scandinavia

In value terms, non-electric pulley tackle production fell to $X in 2022 estimated in export price. In general, production continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2021 when the production volume increased by 4.4% against the previous year. The level of production peaked at $X in 2013; however, from 2014 to 2022, production remained at a lower figure.

Non-Electric Pulley Tackle Exports

Exports in Scandinavia

In 2022, overseas shipments of pulley tackle and hoists, non-powered by electric motor increased by 4.5% to X units, rising for the second year in a row after two years of decline. Total exports indicated tangible growth from 2012 to 2022: its volume increased at an average annual rate of +2.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +84.3% against 2020 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 76% against the previous year. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, non-electric pulley tackle exports rose notably to $X in 2022. In general, exports, however, recorded a mild reduction. The most prominent rate of growth was recorded in 2014 when exports increased by 102%. As a result, the exports attained the peak of $X. From 2015 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Sweden prevails in exports structure, finishing at X units, which was near 91% of total exports in 2022. It was distantly followed by Norway (X units), committing a 5.7% share of total exports. Finland (X units) held a relatively small share of total exports.

Sweden was also the fastest-growing in terms of the pulley tackle and hoists, non-powered by electric motor exports, with a CAGR of +3.8% from 2012 to 2022. Norway (-1.5%) and Finland (-6.7%) illustrated a downward trend over the same period. Sweden (+8.9 p.p.) significantly strengthened its position in terms of the total exports, while Norway and Finland saw its share reduced by -3.1% and -5.8% from 2012 to 2022, respectively.

In value terms, the largest non-electric pulley tackle supplying countries in Scandinavia were Sweden ($X), Norway ($X) and Finland ($X).

Among the main exporting countries, Sweden, with a CAGR of +0.3%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Scandinavia stood at $X per unit in 2022, increasing by 8.3% against the previous year. In general, the export price, however, showed a noticeable descent. The most prominent rate of growth was recorded in 2017 when the export price increased by 37%. The level of export peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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 ($X per unit), while Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+7.2%), while the other leaders experienced a decline in the export price figures.

Non-Electric Pulley Tackle Imports

Imports in Scandinavia

In 2022, the amount of pulley tackle and hoists, non-powered by electric motor imported in Scandinavia surged to X units, with an increase of 34% on 2021 figures. Overall, imports posted a strong increase. The most prominent rate of growth was recorded in 2014 when imports increased by 88%. The volume of import peaked in 2022 and is expected to retain growth in the immediate term.

In value terms, non-electric pulley tackle imports declined dramatically to $X in 2022. In general, imports, however, continue to indicate a perceptible slump. The most prominent rate of growth was recorded in 2018 when imports increased by 28% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Sweden represented the major importer of pulley tackle and hoists, non-powered by electric motor in Scandinavia, with the volume of imports amounting to X units, which was near 80% of total imports in 2022. Finland (X units) ranks second in terms of the total imports with a 15% share, followed by Norway (5.7%).

Sweden was also the fastest-growing in terms of the pulley tackle and hoists, non-powered by electric motor imports, with a CAGR of +8.2% from 2012 to 2022. At the same time, Finland (+4.9%) displayed positive paces of growth. By contrast, Norway (-6.1%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Sweden increased by +15 percentage points.

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 -1.2%, saw 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 unit, declining by -39.2% against the previous year. In general, the import price recorded a deep setback. The most prominent rate of growth was recorded in 2018 when the import price increased by 32% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (+0.2%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform