Scandinavia: Metal Screw Hook Market 2024

Metal Screw Hook Market Size in Scandinavia

In 2023, the Scandinavia metal screw hook market increased by X% to $X, rising for the sixth consecutive year after two years of decline. In general, consumption saw resilient growth. Over the period under review, the market hit record highs in 2023 and is expected to retain growth in the immediate term.

Metal Screw Hook Production in Scandinavia

In value terms, metal screw hook production amounted to $X in 2023 estimated in export price. The total production indicated resilient growth from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2014 when the production volume increased by X%. Over the period under review, production attained the maximum level at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.

Metal Screw Hook Exports

Exports in Scandinavia

In 2023, the amount of iron or steel screw hooks and screw rings exported in Scandinavia dropped rapidly to X tons, declining by X% compared with 2022. Over the period under review, exports saw a abrupt decline. The pace of growth appeared the most rapid in 2016 when exports increased by X% against the previous year. The volume of export peaked at X tons in 2021; however, from 2022 to 2023, the exports remained at a lower figure.

In value terms, metal screw hook exports fell to $X in 2023. Overall, exports continue to indicate a abrupt decrease. The growth pace was the most rapid in 2016 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2021; however, from 2022 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Sweden was the major exporting country with an export of about X tons, which finished at X% of total exports. It was distantly followed by Finland (X tons) and Norway (X tons), together comprising a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to metal screw hook exports from Sweden stood at X%. At the same time, Norway (X%) displayed positive paces of growth. Moreover, Norway emerged as the fastest-growing exporter exported in Scandinavia, with a CAGR of X% from 2012-2023. By contrast, Finland (X%) illustrated a downward trend over the same period. Finland (X p.p.) and Norway (X p.p.) significantly strengthened its position in terms of the total exports, while Sweden saw its share reduced by X% from 2012 to 2023, respectively.

In value terms, Sweden ($X) remains the largest metal screw hook supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was held by Finland ($X), with a X% share of total exports.

In Sweden, metal screw hook exports shrank by an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Finland (X% per year) and Norway (X% per year).

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2023, picking up by X% against the previous year. Overall, the export price posted a prominent increase. The pace of growth was the most pronounced in 2022 an increase of X% against the previous year. Over the period under review, the export prices hit record highs in 2023 and is likely to see steady growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Norway ($X per ton), while Sweden ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the other leaders experienced more modest paces of growth.

Metal Screw Hook Imports

Imports in Scandinavia

In 2023, metal screw hook imports in Scandinavia contracted slightly to X tons, remaining relatively unchanged against 2022 figures. Total imports indicated notable growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, imports increased by X% against 2015 indices. The growth pace was the most rapid in 2022 with an increase of X% against the previous year. As a result, imports reached the peak of X tons, and then fell slightly in the following year.

In value terms, metal screw hook imports dropped to $X in 2023. Total imports indicated a perceptible expansion from 2012 to 2023: its value increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2019 when imports increased by X%. The level of import peaked at $X in 2022, and then declined in the following year.

Imports by Country

Sweden was the largest importer of iron or steel screw hooks and screw rings in Scandinavia, with the volume of imports reaching X tons, which was approx. X% of total imports in 2023. Finland (X tons) took the second position in the ranking, distantly followed by Norway (X tons). All these countries together took near X% share of total imports.

Sweden was also the fastest-growing in terms of the iron or steel screw hooks and screw rings imports, with a CAGR of X% from 2012 to 2023. At the same time, Norway (X%) displayed positive paces of growth. Finland experienced a relatively flat trend pattern. From 2012 to 2023, the share of Sweden increased by X percentage points. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Sweden ($X) constitutes the largest market for imported iron or steel screw hooks and screw rings in Scandinavia, comprising X% of total imports. The second position in the ranking was held by Finland ($X), with a X% share of total imports.

From 2012 to 2023, the average annual growth rate of value in Sweden totaled X%. The remaining importing countries recorded the following average annual rates of imports growth: Finland (X% per year) and Norway (X% per year).

Import Prices by Country

In 2023, the import price in Scandinavia amounted to $X per ton, dropping by X% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 an increase of X% against the previous year. The level of import peaked at $X per ton in 2020; however, from 2021 to 2023, 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 Norway ($X per ton), while Finland ($X per ton) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Finland (X%), while the other leaders experienced mixed trends in the import price figures.

Source: IndexBox Platform