Scandinavia: Sheet Piling Market 2024

Sheet Piling Market Size in Scandinavia

In 2023, the Scandinavia sheet piling market decreased by X% to $X for the first time since 2018, thus ending a four-year rising trend. Overall, consumption, however, showed a strong expansion. As a result, consumption reached the peak level of $X, and then dropped significantly in the following year.

Sheet Piling Production in Scandinavia

In value terms, sheet piling production reached $X in 2023 estimated in export price. The total production indicated a strong 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. Based on 2023 figures, production decreased by X% against 2021 indices. The most prominent rate of growth was recorded in 2019 with an increase of X% against the previous year. The level of production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.

Sheet Piling Exports

Exports in Scandinavia

In 2023, the amount of sheet piling, shapes and sections (of iron or steel) exported in Scandinavia shrank sharply to X tons, waning by X% against the previous year. Over the period under review, exports faced a deep reduction. The pace of growth appeared the most rapid in 2021 with an increase of X% against the previous year. The volume of export peaked at X tons in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

In value terms, sheet piling exports declined rapidly to $X in 2023. In general, exports continue to indicate a abrupt shrinkage. The pace of growth was the most pronounced in 2021 when exports increased by X% against the previous year. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports failed to regain momentum.

Exports by Country

In 2023, Sweden (X tons) represented the main exporter of sheet piling, shapes and sections (of iron or steel), creating X% of total exports. Finland (X tons) ranks second in terms of the total exports with a X% share, followed by Norway (X%).

From 2012 to 2023, the biggest increases were recorded for Finland (with a CAGR of X%), while shipments for the other leaders experienced a decline in the exports figures.

In value terms, the largest sheet piling supplying countries in Scandinavia were Sweden ($X), Finland ($X) and Norway ($X).

In terms of the main exporting countries, Finland, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline in the exports figures.

Export Prices by Country

The export price in Scandinavia stood at $X per ton in 2023, rising by X% against the previous year. Export price indicated a slight increase 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, sheet piling export price increased by X% against 2021 indices. The pace of growth was the most pronounced in 2017 when the export price increased by X% against the previous year. Over the period under review, the export prices reached the peak figure in 2023 and is expected to retain growth in the near future.

Average prices varied somewhat amongst the major exporting countries. In 2023, amid the top suppliers, the country with the highest price was Finland ($X per ton), while Sweden ($X per ton) was amongst the lowest.

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

Sheet Piling Imports

Imports in Scandinavia

In 2023, purchases abroad of sheet piling, shapes and sections (of iron or steel) decreased by X% to X tons, falling for the third year in a row after two years of growth. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. The volume of import peaked at X tons in 2020; however, from 2021 to 2023, imports stood at a somewhat lower figure.

In value terms, sheet piling imports fell dramatically to $X in 2023. Total imports indicated modest growth 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 pace of growth was the most pronounced in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at $X in 2022, and then declined dramatically in the following year.

Imports by Country

In 2023, Norway (X tons) represented the main importer of sheet piling, shapes and sections (of iron or steel), comprising X% of total imports. It was distantly followed by Sweden (X tons) and Finland (X tons), together comprising a X% share of total imports.

From 2012 to 2023, the most notable rate of growth in terms of purchases, amongst the main importing countries, was attained by Finland (with a CAGR of X%), while imports for the other leaders experienced a decline in the imports figures.

In value terms, the largest sheet piling importing markets in Scandinavia were Norway ($X), Finland ($X) and Sweden ($X).

In terms of the main importing countries, Finland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced a decline in the imports figures.

Import Prices by Country

The import price in Scandinavia stood at $X per ton in 2023, picking up by X% against the previous year. Import price indicated a mild expansion from 2012 to 2023: its price 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, sheet piling import price increased by X% against 2020 indices. The pace of growth was the most pronounced in 2021 when the import price increased by X% against the previous year. The level of import peaked in 2023 and is expected to retain growth in the near future.

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