Scandinavia: Market for Multiple-Walled Insulating Units Of Glass 2024

Market Size for Multiple-Walled Insulating Units Of Glass in Scandinavia

After two years of growth, the Scandinavia multiple-walled insulating glass unit market decreased by X% to $X in 2023. In general, consumption, however, saw a relatively flat trend pattern. The level of consumption peaked at $X in 2013; however, from 2014 to 2023, consumption remained at a lower figure.

Production of Multiple-Walled Insulating Units Of Glass in Scandinavia

In value terms, multiple-walled insulating glass unit production expanded significantly to $X in 2023 estimated in export price. In general, production, however, showed a abrupt decline. The pace of growth was the most pronounced in 2019 when the production volume increased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2013; however, from 2014 to 2023, production failed to regain momentum.

Exports of Multiple-Walled Insulating Units Of Glass

Exports in Scandinavia

Multiple-walled insulating glass unit exports declined to X square meters in 2023, which is down by X% on the previous year. Over the period under review, exports showed a abrupt descent. The pace of growth was the most pronounced in 2019 when exports increased by X% against the previous year. Over the period under review, the exports attained the peak figure at X square meters in 2012; however, from 2013 to 2023, the exports remained at a lower figure.

In value terms, multiple-walled insulating glass unit exports surged to $X in 2023. In general, exports showed a abrupt downturn. The level of export peaked at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.

Exports by Country

Finland dominates exports structure, accounting for X square meters, which was near X% of total exports in 2023. It was distantly followed by Sweden (X square meters), making up a X% share of total exports. Norway (X square meters) followed a long way behind the leaders.

Finland was also the fastest-growing in terms of the multiple-walled insulating units of glass exports, with a CAGR of X% from 2012 to 2023. Norway (X%) and Sweden (X%) illustrated a downward trend over the same period. While the share of Finland (X p.p.) increased significantly in terms of the total exports from 2012-2023, the share of Norway (X p.p.) and Sweden (X p.p.) displayed negative dynamics.

In value terms, Finland ($X) remains the largest multiple-walled insulating glass unit supplier in Scandinavia, comprising X% of total exports. The second position in the ranking was held by Sweden ($X), with an X% share of total exports.

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

Export Prices by Country

The export price in Scandinavia stood at $X per square meter in 2023, increasing by X% against the previous year. Export price indicated a noticeable 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. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Sweden ($X per square meter), while Norway ($X per square meter) 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.

Imports of Multiple-Walled Insulating Units Of Glass

Imports in Scandinavia

After two years of growth, supplies from abroad of multiple-walled insulating units of glass decreased by X% to X square meters in 2023. Overall, imports saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2022 with an increase of X%. As a result, imports attained the peak of X square meters, and then shrank notably in the following year.

In value terms, multiple-walled insulating glass unit imports contracted to $X in 2023. The total import value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Over the period under review, imports hit record highs at $X in 2022, and then contracted slightly in the following year.

Imports by Country

Norway was the key importer of multiple-walled insulating units of glass in Scandinavia, with the volume of imports reaching X square meters, which was approx. X% of total imports in 2023. It was distantly followed by Sweden (X square meters), making up a X% share of total imports. Finland (X square meters) held a relatively small share of total imports.

Norway was also the fastest-growing in terms of the multiple-walled insulating units of glass imports, with a CAGR of X% from 2012 to 2023. Sweden (X%) and Finland (X%) illustrated a downward trend over the same period. Norway (X p.p.) significantly strengthened its position in terms of the total imports, while Finland and Sweden saw its share reduced by X% and X% from 2012 to 2023, respectively.

In value terms, the largest multiple-walled insulating glass unit importing markets in Scandinavia were Norway ($X), Sweden ($X) and Finland ($X).

Among the main importing countries, Sweden, with a CAGR of X%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trends in the imports figures.

Import Prices by Country

The import price in Scandinavia stood at $X per square meter in 2023, jumping by X% against the previous year. Overall, the import price enjoyed a moderate expansion. As a result, import price reached the peak level 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 Finland ($X per square meter), while Norway ($X per square meter) 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