Scandinavia: Sheet Piling Market 2025

Sheet Piling Market Size in Scandinavia

The Scandinavia sheet piling market was estimated at $X in 2021, with an increase of 14% against the previous year. The market value increased at an average annual rate of +1.8% from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in years to come.

Sheet Piling Production in Scandinavia

In value terms, sheet piling production soared to $X in 2021 estimated in export price. Overall, production enjoyed a resilient increase. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Sheet Piling Exports

Exports in Scandinavia

In 2021, shipments abroad of sheet piling, shapes and sections (of iron or steel) was finally on the rise to reach X tons after three years of decline. Total exports indicated temperate growth 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. The most prominent rate of growth was recorded in 2015 with an increase of 47% against the previous year. Over the period under review, the exports reached the peak figure at X tons in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

In value terms, sheet piling exports skyrocketed to $X in 2021. In general, exports showed a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Denmark was the key exporting country with an export of about X tons, which finished at 65% of total exports. Finland (X tons) held a 24% share (based on physical terms) of total exports, which put it in second place, followed by Sweden (9.9%).

Exports from Denmark increased at an average annual rate of +7.7% from 2012 to 2021. At the same time, Finland (+47.3%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of +47.3% from 2012-2021. By contrast, Sweden (-13.8%) illustrated a downward trend over the same period. While the share of Denmark (+23 p.p.) and Finland (+23 p.p.) increased significantly in terms of the total exports from 2012-2021, the share of Sweden (-37.7 p.p.) displayed negative dynamics.

In value terms, the largest sheet piling supplying countries in Scandinavia were Denmark ($X), Finland ($X) and Sweden ($X), with a combined 96% share of total exports.

Finland, with a CAGR of +46.5%, recorded the highest rates of growth with regard to the value of exports, in terms of the main exporting countries over the period under review, while shipments for the other leaders experienced mixed trends in the exports figures.

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per ton, picking up by 37% against the previous year. Overall, the export price, however, showed a pronounced slump. Over the period under review, the export prices attained the peak figure at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while Denmark ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+4.5%), while the other leaders experienced a decline in the export price figures.

Sheet Piling Imports

Imports in Scandinavia

In 2021, approx. X tons of sheet piling, shapes and sections (of iron or steel) were imported in Scandinavia; waning by -7.8% compared with the previous year. Total imports indicated noticeable growth from 2012 to 2021: its volume increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -16.6% against 2018 indices. The most prominent rate of growth was recorded in 2015 with an increase of 28%. Over the period under review, imports hit record highs at X tons in 2018; however, from 2019 to 2021, imports remained at a lower figure.

In value terms, sheet piling imports surged to $X in 2021. The total import value increased at an average annual rate of +2.0% from 2012 to 2021; however, the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The countries with the highest levels of sheet piling imports in 2021 were Norway (X tons), Denmark (X tons) and Sweden (X tons), together recording 86% of total import. It was distantly followed by Finland (X tons), constituting a 13% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Sweden (with a CAGR of +5.6%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest sheet piling importing markets in Scandinavia were Denmark ($X), Norway ($X) and Sweden ($X), with a combined 86% share of total imports. Finland lagged somewhat behind, comprising a further 13%.

In terms of the main importing countries, Finland, with a CAGR of +6.6%, 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

The import price in Scandinavia stood at $X per ton in 2021, with an increase of 30% against the previous year. Overall, the import price showed a relatively flat trend pattern. The level of import peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Average prices varied noticeably amongst the major importing countries. In 2021, major importing countries recorded the following prices: in Sweden ($X per ton) and Denmark ($X per ton), while Norway ($X per ton) and Finland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+2.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform