Scandinavia: Braces And Garters Market 2024

Braces And Garters Market Size in Scandinavia

In 2022, the Scandinavia braces and garters market increased by X% to $X, rising for the fifth consecutive year after three years of decline. Over the period under review, consumption enjoyed buoyant growth. The level of consumption peaked in 2022 and is expected to retain growth in the immediate term.

Braces And Garters Production in Scandinavia

In value terms, braces and garters production declined significantly to $X in 2022 estimated in export price. Overall, production, however, enjoyed a significant expansion. The pace of growth was the most pronounced in 2021 when the production volume increased by X%. Over the period under review, production reached the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Braces And Garters Exports

Exports in Scandinavia

For the fourth year in a row, Scandinavia recorded growth in shipments abroad of braces, suspenders and garters, which increased by X% to X units in 2022. Overall, exports enjoyed buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. Over the period under review, the exports reached the peak figure in 2022 and are likely to see steady growth in the near future.

In value terms, braces and garters exports skyrocketed to $X in 2022. Total exports indicated a noticeable expansion from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2016 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Sweden prevails in exports structure, finishing at X units, which was near X% of total exports in 2022. The following exporters - Finland (X units) and Norway (X units) - together made up X% of total exports.

Sweden was also the fastest-growing in terms of the braces, suspenders and garters exports, with a CAGR of X% from 2012 to 2022. At the same time, Finland (X%) displayed positive paces of growth. By contrast, Norway (X%) illustrated a downward trend over the same period. From 2012 to 2022, the share of Sweden increased by X percentage points.

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

In Sweden, braces and garters exports increased at an average annual rate of X% over the period from 2012-2022. 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 2022, the export price in Scandinavia amounted to $X per unit, shrinking by X% against the previous year. Overall, the export price recorded a abrupt slump. The most prominent rate of growth was recorded in 2016 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2017 to 2022, the export prices remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was Norway ($X per unit), while Finland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (X%), while the other leaders experienced a decline in the export price figures.

Braces And Garters Imports

Imports in Scandinavia

In 2022, purchases abroad of braces, suspenders and garters increased by X% to X units, rising for the fourth consecutive year after three years of decline. Over the period under review, imports showed resilient growth. The pace of growth appeared the most rapid in 2020 with an increase of X% against the previous year. The volume of import peaked in 2022 and is likely to see gradual growth in years to come.

In value terms, braces and garters imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2022, Sweden (X units) represented the key importer of braces, suspenders and garters, generating X% of total imports. It was distantly followed by Finland (X units), committing a X% share of total imports. Norway (X units) held a minor share of total imports.

Imports into Sweden increased at an average annual rate of X% from 2012 to 2022. At the same time, Finland (X%) displayed positive paces of growth. Moreover, Finland emerged as the fastest-growing importer imported in Scandinavia, with a CAGR of X% from 2012-2022. By contrast, Norway (X%) illustrated a downward trend over the same period. Finland (X p.p.) and Sweden (X p.p.) significantly strengthened its position in terms of the total imports, while Norway saw its share reduced by X% from 2012 to 2022, respectively.

In value terms, Sweden ($X) constitutes the largest market for imported braces, suspenders and garters in Scandinavia, comprising X% of total imports. The second position in the ranking was held by Finland ($X), with a X% share of total imports.

In Sweden, braces and garters imports increased 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: Finland (X% per year) and Norway (X% per year).

Import Prices by Country

In 2022, the import price in Scandinavia amounted to $X per unit, which is down by X% against the previous year. Over the period under review, the import price saw a abrupt setback. The pace of growth appeared the most rapid in 2013 when the import price increased by X% against the previous year. The level of import peaked at $X per unit in 2014; however, from 2015 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 Norway ($X per unit), while Finland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Norway (X%), while the other leaders experienced a decline in the import price figures.

Source: IndexBox Platform

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