Scandinavia: Electronic Material Tester Market 2024

Electronic Material Tester Market Size in Scandinavia

The Scandinavia electronic material tester market soared to $X in 2023, jumping by X% against the previous year. The total consumption indicated a moderate increase 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. The level of consumption peaked in 2023 and is likely to see gradual growth in the immediate term.

Electronic Material Tester Production in Scandinavia

In value terms, electronic material tester production shrank dramatically to $X in 2023 estimated in export price. Over the period under review, production faced a sharp decrease. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. As a result, production attained the peak level of $X. From 2020 to 2023, production growth failed to regain momentum.

Electronic Material Tester Exports

Exports in Scandinavia

In 2023, shipments abroad of electronic machines and appliances for testing materials decreased by X% to X units, falling for the fourth year in a row after two years of growth. Overall, exports recorded a abrupt curtailment. The pace of growth was the most pronounced in 2019 when exports increased by X%. As a result, the exports reached the peak of X units. From 2020 to 2023, the growth of the exports remained at a somewhat lower figure.

In value terms, electronic material tester exports surged to $X in 2023. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2014; however, from 2015 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Sweden was the key exporting country with an export of about X units, which amounted to X% of total exports. It was distantly followed by Finland (X units) and Norway (X units), together comprising a X% share of total exports.

From 2012 to 2023, average annual rates of growth with regard to electronic material tester 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. While the share of Finland (X p.p.) and Norway (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Sweden (X p.p.) displayed negative dynamics.

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

In Sweden, electronic material tester exports expanded at an average annual rate of X% over the period from 2012-2023. The remaining exporting countries recorded the following average annual rates of exports growth: Finland (X% per year) and Norway (X% per year).

Export Prices by Country

In 2023, the export price in Scandinavia amounted to $X per unit, increasing by X% against the previous year. In general, the export price saw a resilient increase. The growth pace was the most rapid in 2014 when the export price increased by X%. The level of export peaked at $X per unit in 2017; however, from 2018 to 2023, the export prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Finland ($X per unit), while Norway ($X per unit) 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 export price figures.

Electronic Material Tester Imports

Imports in Scandinavia

In 2023, approx. X units of electronic machines and appliances for testing materials were imported in Scandinavia; picking up by X% against the previous year's figure. Total imports indicated a tangible expansion from 2012 to 2023: its volume 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. Based on 2023 figures, imports increased by X% against 2017 indices. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2023 and are likely to continue growth in the near future.

In value terms, electronic material tester imports soared to $X in 2023. Over the period under review, imports enjoyed a prominent increase. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Sweden (X units) and Norway (X units) were the major importers of electronic machines and appliances for testing materials in 2023, finishing at near X% and X% of total imports, respectively. It was distantly followed by Finland (X units), mixing up a X% share of total imports.

From 2012 to 2023, the biggest increases were recorded for Finland (with a CAGR of X%), while purchases for the other leaders experienced mixed trends in the imports figures.

In value terms, Sweden ($X) constitutes the largest market for imported electronic machines and appliances for testing materials in Scandinavia, comprising X% of total imports. The second position in the ranking was held by Norway ($X), with an X% share of total imports.

In Sweden, electronic material tester imports expanded at an average annual rate of X% over the period from 2012-2023. In the other countries, the average annual rates were as follows: Norway (X% per year) and Finland (X% per year).

Import Prices by Country

In 2023, the import price in Scandinavia amounted to $X per unit, increasing by X% against the previous year. Import price indicated a strong expansion from 2012 to 2023: its price 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, electronic material tester import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 an increase of X%. Over the period under review, import prices attained the peak figure in 2023 and is likely to continue growth in the immediate term.

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 2023, 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