Scandinavia: Thermoforming Machine Market 2024

Thermoforming Machine Market Size in Scandinavia

The Scandinavia thermoforming machine market contracted slightly to $X in 2022, with a decrease of X% against the previous year. Over the period under review, consumption, however, showed resilient growth. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Thermoforming Machine Production in Scandinavia

In value terms, thermoforming machine production declined to $X in 2022 estimated in export price. In general, production, however, posted buoyant growth. The most prominent rate of growth was recorded in 2018 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Thermoforming Machine Exports

Exports in Scandinavia

In 2022, shipments abroad of thermoforming machines for working rubber or plastics was finally on the rise to reach X units after two years of decline. Overall, exports continue to indicate a prominent expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X%. As a result, the exports reached the peak of X units. From 2020 to 2022, the growth of the exports failed to regain momentum.

In value terms, thermoforming machine exports skyrocketed to $X in 2022. Over the period under review, exports recorded a temperate increase. The growth pace was the most rapid in 2019 when exports increased by X% against the previous year. As a result, the exports reached the peak of $X. From 2020 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

Sweden prevails in exports structure, accounting for X units, which was near X% of total exports in 2022. Norway (X units) took a minor share of total exports.

Sweden was also the fastest-growing in terms of the thermoforming machines for working rubber or plastics exports, with a CAGR of X% from 2012 to 2022. Norway (X%) illustrated a downward trend over the same period. Sweden (X p.p.) significantly strengthened its position in terms of the total exports, while Norway saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Sweden ($X) remains the largest thermoforming machine supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was taken by Norway ($X), with a X% share of total exports.

In Sweden, thermoforming machine exports increased at an average annual rate of X% over the period from 2012-2022.

Export Prices by Country

In 2022, the export price in Scandinavia amounted to $X per unit, waning by X% against the previous year. Overall, the export price saw a noticeable contraction. The growth pace was the most rapid in 2021 an increase of X% against the previous year. The level of export peaked at $X per unit in 2012; however, from 2013 to 2022, 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 Sweden ($X per unit), while Norway amounted to $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%).

Thermoforming Machine Imports

Imports in Scandinavia

Thermoforming machine imports dropped rapidly to X units in 2022, waning by X% compared with 2021 figures. Overall, imports, however, recorded a prominent increase. The pace of growth appeared the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of X units, and then shrank significantly in the following year.

In value terms, thermoforming machine imports declined significantly to $X in 2022. Over the period under review, imports recorded a abrupt slump. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The level of import peaked at $X in 2012; however, from 2013 to 2022, imports failed to regain momentum.

Imports by Country

Norway dominates imports structure, recording X units, which was approx. X% of total imports in 2022. It was distantly followed by Sweden (X units), making up a X% share of total imports. Finland (X units) took a little share of total imports.

Norway was also the fastest-growing in terms of the thermoforming machines for working rubber or plastics imports, with a CAGR of X% from 2012 to 2022. Sweden (X%) and Finland (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Norway increased by X percentage points.

In value terms, Norway ($X) constitutes the largest market for imported thermoforming machines for working rubber or plastics in Scandinavia, comprising X% of total imports. The second position in the ranking was held by Sweden ($X), with a X% share of total imports.

In Norway, thermoforming machine imports expanded at an average annual rate of X% over the period from 2012-2022. The remaining importing countries recorded the following average annual rates of imports growth: Sweden (X% per year) and Finland (X% per year).

Import Prices by Country

The import price in Scandinavia stood at $X per unit in 2022, growing by X% against the previous year. In general, the import price, however, faced a abrupt decline. The most prominent rate of growth was recorded in 2019 when the import price increased by X% against the previous year. Over the period under review, import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of destination: 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 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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