Scandinavia: Wood Slicing Machine Market 2024

Wood Slicing Machine Market Size in Scandinavia

The Scandinavia wood slicing machine market surged to $X in 2021, picking up by 38% against the previous year. Over the period under review, consumption, however, recorded a relatively flat trend pattern. The level of consumption peaked at $X in 2012; however, from 2013 to 2021, consumption failed to regain momentum.

Wood Slicing Machine Production in Scandinavia

In value terms, wood slicing machine production surged to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a deep reduction. The pace of growth was the most pronounced in 2019 when the production volume increased by 52% against the previous year. Over the period under review, production reached the peak level at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Wood Slicing Machine Exports

Exports in Scandinavia

In 2021, the amount of splitting, slicing or paring machines exported in Scandinavia soared to X units, rising by 24% against the previous year's figure. Overall, exports, however, continue to indicate a deep slump. Over the period under review, the exports hit record highs at X units in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

In value terms, wood slicing machine exports soared to $X in 2021. In general, exports, however, recorded a pronounced reduction. The level of export peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Denmark represented the main exporting country with an export of about X units, which recorded 55% of total exports. Sweden (X units) ranks second in terms of the total exports with a 28% share, followed by Finland (15%). Norway (X units) followed a long way behind the leaders.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the key exporting countries, was attained by Denmark (with a CAGR of -3.5%), while the other leaders experienced a decline in the exports figures.

In value terms, Finland ($X) remains the largest wood slicing machine supplier in Scandinavia, comprising 81% of total exports. The second position in the ranking was taken by Sweden ($X), with a 12% share of total exports. It was followed by Denmark, with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value in Finland stood at -3.1%. The remaining exporting countries recorded the following average annual rates of exports growth: Sweden (+5.7% per year) and Denmark (-0.1% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per unit in 2021, picking up by 38% against the previous year. In general, the export price recorded a moderate expansion. The most prominent rate of growth was recorded in 2017 an increase of 68%. The level of export peaked at $X per unit in 2018; however, from 2019 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Finland ($X per unit), while Denmark ($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 (+24.8%), while the other leaders experienced more modest paces of growth.

Wood Slicing Machine Imports

Imports in Scandinavia

In 2021, supplies from abroad of splitting, slicing or paring machines increased by 34% to X units, rising for the second year in a row after two years of decline. Overall, imports, however, showed a pronounced descent. The volume of import peaked at X units in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, wood slicing machine imports surged to $X in 2021. Over the period under review, imports, however, saw a noticeable decrease. The growth pace was the most rapid in 2019 with an increase of 17% against the previous year. Over the period under review, imports hit record highs at $X in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

Imports by Country

In 2021, Norway (X units) was the major importer of splitting, slicing or paring machines, mixing up 43% of total imports. It was distantly followed by Finland (X units), Denmark (X units) and Sweden (X units), together achieving a 57% 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 Norway (with a CAGR of +4.1%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Sweden ($X), Norway ($X) and Finland ($X) constituted the countries with the highest levels of imports in 2021, together accounting for 87% of total imports.

Finland, with a CAGR of +0.0%, saw the highest rates of growth with regard to the value of imports, among the main importing countries over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Scandinavia stood at $X per unit in 2021, which is down by -13.2% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 22%. Over the period under review, import prices attained the maximum at $X per unit in 2019; however, from 2020 to 2021, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major importing countries. In 2021, amid the top importers, the country with the highest price was Sweden ($X per unit), while Norway ($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 (+8.2%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform