Scandinavia: Metal Sawing Machine Market 2025

Metal Sawing Machine Market Size in Scandinavia

The Scandinavia metal sawing machine market contracted significantly to $X in 2021, shrinking by -22.9% against the previous year. Over the period under review, consumption recorded a slight contraction. As a result, consumption attained the peak level of $X. From 2019 to 2021, the growth of the market remained at a lower figure.

Metal Sawing Machine Production in Scandinavia

In value terms, metal sawing machine production surged to $X in 2021 estimated in export price. Overall, production, however, recorded a noticeable curtailment. The pace of growth was the most pronounced in 2018 with an increase of 41%. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Metal Sawing Machine Exports

Exports in Scandinavia

In 2021, the amount of sawing or cutting-off machines for working metal exported in Scandinavia soared to X units, rising by 48% compared with the year before. Overall, exports enjoyed a notable expansion. The pace of growth appeared the most rapid in 2019 with an increase of 78%. The volume of export peaked in 2021 and is expected to retain growth in years to come.

In value terms, metal sawing machine exports skyrocketed to $X in 2021. In general, exports, however, continue to indicate a perceptible descent. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Denmark (X units) and Sweden (X units) prevails in exports structure, together achieving 86% of total exports. It was distantly followed by Finland (X units) and Norway (X units), together generating a 14% share of total exports.

From 2012 to 2021, the biggest increases were recorded for Denmark (with a CAGR of +13.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X) remains the largest metal sawing machine supplier in Scandinavia, comprising 63% of total exports. The second position in the ranking was taken by Sweden ($X), with a 21% share of total exports. It was followed by Finland, with an 8.9% share.

In Denmark, metal sawing machine exports shrank by an average annual rate of -5.4% over the period from 2012-2021. The remaining exporting countries recorded the following average annual rates of exports growth: Sweden (+5.4% per year) and Finland (-7.4% per year).

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per unit, which is down by -18.5% against the previous year. In general, the export price continues to indicate a drastic downturn. The pace of growth appeared the most rapid in 2013 an increase of 24% against the previous year. Over the period under review, the export prices hit record highs at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2021, the country with the highest price was Denmark ($X per unit), while Sweden ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+7.8%), while the other leaders experienced a decline in the export price figures.

Metal Sawing Machine Imports

Imports in Scandinavia

In 2021, purchases abroad of sawing or cutting-off machines for working metal increased by 1.3% to X units, rising for the sixth consecutive year after three years of decline. Total imports indicated a tangible increase from 2012 to 2021: its volume increased at an average annual rate of +2.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +104.3% against 2015 indices. The most prominent rate of growth was recorded in 2020 with an increase of 36%. Over the period under review, imports hit record highs in 2021 and are likely to continue growth in years to come.

In value terms, metal sawing machine imports contracted to $X in 2021. Overall, imports showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when imports increased by 20% against the previous year. The level of import peaked at $X in 2019; however, from 2020 to 2021, imports failed to regain momentum.

Imports by Country

Sweden (X units), Denmark (X units) and Finland (X units) represented roughly 90% of total imports in 2021. It was distantly followed by Norway (X units), generating a 7.3% share of total imports. Iceland (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Denmark (with a CAGR of +14.3%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest metal sawing machine importing markets in Scandinavia were Sweden ($X), Finland ($X) and Norway ($X), with a combined 83% share of total imports.

In terms of the main importing countries, Finland, with a CAGR of +7.4%, recorded 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 2021, the import price in Scandinavia amounted to $X per unit, reducing by -8% against the previous year. In general, the import price saw a mild shrinkage. The most prominent rate of growth was recorded in 2013 an increase of 46% against the previous year. Over the period under review, import prices hit record highs at $X per unit in 2017; however, from 2018 to 2021, import prices failed to regain momentum.

Prices varied noticeably country of destination: 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 (+9.9%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform