Norway - Pacemakers For Stimulating Heart Muscles (Excl. Parts And Accessories) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPacemaker Price in Norway - 2023
Contents:
- Pacemaker Price in Norway (CIF) - 2023
- Pacemaker Price in Norway (FOB) - 2022
- Pacemaker Imports in Norway
- Pacemaker Exports in Norway
Pacemaker Price in Norway (CIF) - 2023
The average pacemaker import price stood at $1,026 per unit in September 2023, rising by 8.2% against the previous month. Overall, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in January 2023 when the average import price increased by 74% against the previous month. As a result, import price reached the peak level of $1,350 per unit; afterwards, it flattened through to September 2023.
Prices varied noticeably by the country of origin: the country with the highest price was Ireland ($4,834 per unit), while the price for Germany ($602 per unit) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Ireland (+14.8%), while the prices for the other major suppliers experienced mixed trend patterns.
Pacemaker Price in Norway (FOB) - 2022
The average pacemaker export price stood at $2,131 per unit in 2022, surging by 21% against the previous year. In general, the export price, however, saw a perceptible decrease. The pace of growth appeared the most rapid in 2018 an increase of 157% against the previous year. The export price peaked at $3,142 per unit in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($2,398 per unit), while the average price for exports to Ethiopia ($513 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+10.2%), while the prices for the other major destinations experienced more modest paces of growth.
Pacemaker Imports in Norway
In 2022, the amount of pacemakers for stimulating heart muscles (excl. parts and accessories) imported into Norway expanded slightly to 5.7K units, rising by 3.6% against 2021 figures. Overall, imports, however, recorded a perceptible curtailment. The most prominent rate of growth was recorded in 2020 when imports increased by 9.1%. As a result, imports reached the peak of 6.7K units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, pacemaker imports declined rapidly to $5.5M in 2022. In general, imports, however, recorded a abrupt descent. The smallest decline of -1.7% was in 2021. Over the period under review, imports hit record highs at $7.1M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
| Import of Pacemaker in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.0 | 3.2 | 3.1 | 2.5 | -5.9% |
| Ireland | 1.2 | 1.3 | 1.1 | 1.1 | -2.9% |
| Malaysia | 0.7 | 0.6 | 0.7 | 0.8 | 4.6% |
| Switzerland | 1.4 | 1.2 | 1.3 | 0.8 | -17.0% |
| United States | 0.4 | 0.4 | 0.3 | 0.2 | -20.6% |
| Others | 0.2 | 0.3 | 0.2 | 0.1 | -20.6% |
| Total | 7.1 | 6.9 | 6.7 | 5.5 | -8.2% |
Top Suppliers of Pacemaker to Norway in 2022:
- Germany (3442.0 units)
- Ireland (965.0 units)
- Malaysia (760.0 units)
- Switzerland (300.0 units)
- United States (153.0 units)
Pacemaker Exports in Norway
In 2022, pacemaker exports from Norway dropped modestly to 175 units, waning by -1.7% on 2021 figures. Over the period under review, exports, however, showed a prominent increase. The most prominent rate of growth was recorded in 2021 when exports increased by 409%. As a result, the exports reached the peak of 178 units, and then shrank slightly in the following year.
In value terms, pacemaker exports surged to $373K in 2022. In general, exports, however, showed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 251%. Over the period under review, the exports attained the maximum in 2022 and are expected to retain growth in the immediate term.
| Export of Pacemaker in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 145 | 14.9 | 292 | 321 | 30.3% |
| Belgium | 16.8 | 47.6 | 19.8 | 40.9 | 34.5% |
| Ethiopia | N/A | N/A | N/A | 7.7 | 0% |
| Germany | 47.2 | 23.3 | 0.8 | 2.9 | -60.5% |
| Others | 4.4 | 3.4 | N/A | N/A | -22.7% |
| Total | 214 | 89.2 | 313 | 373 | 20.3% |
Top Export Markets for Pacemaker from Norway in 2022:
- Netherlands (134.0 units)
- Belgium (24.0 units)
- Ethiopia (15.0 units)
- Germany (2.0 units)
This report provides an in-depth analysis of the pacemaker market in Norway. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 26601450 - Pacemakers for stimulating heart muscles (excluding parts and accessories)
Country coverage:
- Norway
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Norway
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
-
2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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