Scandinavia: Non-Propelled Vehicle Market 2025

Non-Propelled Vehicle Market Size in Scandinavia

In 2021, the Scandinavia non-propelled vehicle market increased by 31% to $X for the first time since 2017, thus ending a three-year declining trend. Over the period under review, consumption saw a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2021, consumption remained at a lower figure.

Non-Propelled Vehicle Production in Scandinavia

In value terms, non-propelled vehicle production shrank to $X in 2021 estimated in export price. In general, production saw a abrupt slump. The pace of growth was the most pronounced in 2020 with an increase of 31% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Non-Propelled Vehicle Exports

Exports in Scandinavia

After two years of decline, shipments abroad of vehicles not mechanically propelled increased by 9.6% to X units in 2021. Total exports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +7.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2014 with an increase of 90%. Over the period under review, the exports reached the peak figure at X units in 2018; afterwards, it flattened through to 2021.

In value terms, non-propelled vehicle exports surged to $X in 2021. The total export value increased at an average annual rate of +1.5% from 2012 to 2021; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Sweden (X units) and Finland (X units) represented the major exporters of vehicles not mechanically propelled in 2021, recording approx. 46% and 35% of total exports, respectively. It was distantly followed by Denmark (X units), making up an 18% share of total exports.

From 2012 to 2021, the biggest increases were in Denmark (with a CAGR of +20.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest non-propelled vehicle supplying countries in Scandinavia were Sweden ($X), Finland ($X) and Denmark ($X), with a combined 97% share of total exports.

In terms of the main exporting countries, Finland, with a CAGR of +4.2%, saw the highest rates of growth with regard to 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

The export price in Scandinavia stood at $X per unit in 2021, surging by 14% against the previous year. Over the period under review, the export price, however, showed a deep reduction. Over the period under review, the export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major exporting countries. In 2021, the country with the highest price was Sweden ($X per unit), while Denmark ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+3.7%), while the other leaders experienced a decline in the export price figures.

Non-Propelled Vehicle Imports

Imports in Scandinavia

In 2021, approx. X units of vehicles not mechanically propelled were imported in Scandinavia; rising by 17% on 2020 figures. The total import volume increased at an average annual rate of +2.3% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-propelled vehicle imports surged to $X in 2021. The total import value increased at an average annual rate of +2.8% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Sweden (X units) and Denmark (X units) represented the largest importers of vehicles not mechanically propelled in 2021, recording approx. 39% and 32% of total imports, respectively. Finland (X units) ranks next in terms of the total imports with a 17% share, followed by Norway (10%).

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Denmark (with a CAGR of +5.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Denmark ($X) and Norway ($X) constituted the countries with the highest levels of imports in 2021, with a combined 85% share of total imports.

Denmark, with a CAGR of +6.3%, 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

In 2021, the import price in Scandinavia amounted to $X per unit, increasing by 17% against the previous year. Overall, the import price showed a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2021, the country with the highest price was Norway ($X per unit), while Finland ($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 (+1.1%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform