Scandinavia: Signal Generator Market 2025

Signal Generator Market Size in Scandinavia

The Scandinavia signal generator market totaled $X in 2021, rising by 4.5% against the previous year. Over the period under review, consumption saw a pronounced reduction. The level of consumption peaked at $X in 2019; however, from 2020 to 2021, consumption stood at a somewhat lower figure.

Signal Generator Production in Scandinavia

In value terms, signal generator production expanded remarkably to $X in 2021 estimated in export price. In general, production, however, saw a sharp decrease. The most prominent rate of growth was recorded in 2018 with an increase of 11,459% against the previous year. Over the period under review, production attained the maximum level at $X in 2016; however, from 2017 to 2021, production failed to regain momentum.

Signal Generator Exports

Exports in Scandinavia

In 2021, approx. X units of signal generators were exported in Scandinavia; jumping by 73% compared with the year before. Over the period under review, exports showed a resilient increase. The pace of growth was the most pronounced in 2018 with an increase of 398% against the previous year. Over the period under review, the exports hit record highs at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, signal generator exports soared to $X in 2021. Total exports indicated a moderate expansion from 2012 to 2021: its value increased at an average annual rate of +2.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +67.7% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Sweden (X units) and Denmark (X units) were the largest exporters of signal generators in 2021, reaching approx. 41% and 35% of total exports, respectively. It was distantly followed by Finland (X units), creating a 23% share of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the leading exporting countries, was attained by Finland (with a CAGR of +16.0%), while the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X) remains the largest signal generator supplier in Scandinavia, comprising 61% of total exports. The second position in the ranking was taken by Finland ($X), with a 16% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value in Denmark totaled +3.3%. The remaining exporting countries recorded the following average annual rates of exports growth: Finland (+4.1% per year) and Sweden (+0.0% per year).

Export Prices by Country

In 2021, the export price in Scandinavia amounted to $X per unit, which is down by -16.8% against the previous year. In general, the export price showed a perceptible downturn. The pace of growth appeared the most rapid in 2017 when the export price increased by 691% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2018 to 2021, the export prices failed to regain momentum.

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 Denmark (-2.2%), while the other leaders experienced a decline in the export price figures.

Signal Generator Imports

Imports in Scandinavia

Signal generator imports skyrocketed to X units in 2021, with an increase of 32% against the year before. Overall, imports, however, recorded a mild shrinkage. The most prominent rate of growth was recorded in 2017 with an increase of 41%. The volume of import peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, signal generator imports reduced modestly to $X in 2021. Over the period under review, imports, however, showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by 33% against the previous year. Over the period under review, imports attained the maximum at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Sweden (X units), Denmark (X units) and Finland (X units) represented roughly 93% of total imports in 2021. It was distantly followed by Norway (X units), achieving a 4.6% share of total imports. Iceland (X units) followed a long way behind the leaders.

From 2012 to 2021, the biggest increases were recorded for Norway (with a CAGR of +30.7%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Finland ($X) and Norway ($X) were the countries with the highest levels of imports in 2021, together accounting for 90% of total imports.

Norway, with a CAGR of +5.7%, recorded the highest growth rate of the value of imports, in terms of the main importing countries 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 unit in 2021, dropping by -25.2% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 96%. As a result, import price attained the peak level of $X per unit. From 2017 to 2021, the import prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was Norway ($X per unit), while Iceland ($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 (+1.0%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform