Scandinavia: Super-Heated Water Boiler Market 2025

Super-Heated Water Boiler Market Size in Scandinavia

The Scandinavia super-heated water boiler market totaled $X in 2021, surging by 11% against the previous year. Overall, consumption, however, posted a mild increase. The level of consumption peaked at $X in 2013; however, from 2014 to 2021, consumption failed to regain momentum.

Super-Heated Water Boiler Production in Scandinavia

In value terms, super-heated water boiler production expanded rapidly to $X in 2021 estimated in export price. Overall, production, however, saw a deep setback. The growth pace was the most rapid in 2018 when the production volume increased by 134% against the previous year. Over the period under review, production attained the maximum level at $X in 2015; however, from 2016 to 2021, production stood at a somewhat lower figure.

Super-Heated Water Boiler Exports

Exports in Scandinavia

In 2021, shipments abroad of super-heated water boilers was finally on the rise to reach X tons for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, continue to indicate a sharp setback. The growth pace was the most rapid in 2014 when exports increased by 106%. As a result, the exports attained the peak of X tons. From 2015 to 2021, the growth of the exports remained at a lower figure.

In value terms, super-heated water boiler exports dropped to $X in 2021. In general, exports, however, continue to indicate a drastic downturn. The pace of growth appeared the most rapid in 2018 with an increase of 99%. The level of export peaked at $X in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

Exports by Country

Norway was the largest exporter of super-heated water boilers in Scandinavia, with the volume of exports recording X tons, which was approx. 53% of total exports in 2021. It was distantly followed by Sweden (X tons), Denmark (X tons) and Finland (X tons), together generating a 47% 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 Norway (with a CAGR of +9.9%), while the other leaders experienced a decline in the exports figures.

In value terms, the largest super-heated water boiler supplying countries in Scandinavia were Norway ($X), Sweden ($X) and Denmark ($X), with a combined 96% share of total exports.

In terms of the main exporting countries, Norway, with a CAGR of +12.6%, recorded the highest growth rate of the value of exports, 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, declining by -13.4% against the previous year. Overall, the export price, however, continues to indicate a buoyant increase. The pace of growth was the most pronounced in 2016 when the export price increased by 82%. Over the period under review, the export prices reached the peak figure at $X per ton in 2020, and then shrank in the following year.

There were significant differences in the average prices amongst the major exporting countries. In 2021, 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 Sweden (+10.3%), while the other leaders experienced more modest paces of growth.

Super-Heated Water Boiler Imports

Imports in Scandinavia

In 2021, the amount of super-heated water boilers imported in Scandinavia declined dramatically to X tons, which is down by -41.1% against 2020. Over the period under review, imports recorded a abrupt decrease. The growth pace was the most rapid in 2013 when imports increased by 172%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, super-heated water boiler imports soared to $X in 2021. In general, imports, however, showed a perceptible expansion. The most prominent rate of growth was recorded in 2013 when imports increased by 654%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

Finland (X tons), Sweden (X tons) and Norway (X tons) represented roughly 95% of total imports in 2021. It was distantly followed by Denmark (X tons), mixing up a 4.6% 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 Finland (with a CAGR of +1.3%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, Norway ($X), Finland ($X) and Sweden ($X) were the countries with the highest levels of imports in 2021, together accounting for 96% of total imports.

Among the main importing countries, Norway, with a CAGR of +18.8%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2021, surging by 121% against the previous year. Over the period under review, the import price showed a resilient expansion. The growth pace was the most rapid in 2013 when the import price increased by 177%. As a result, import price attained the peak level of $X per ton. From 2014 to 2021, the import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Norway (+21.1%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform