Norway - Machine-Tools For Working Any Material By Removal Of Material - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 7, 2024

Norway - Machine-Tools For Working Any Material By Removal Of Material - Market Analysis, Forecast, Size, Trends and Insights

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Price for Machine-Tool for Removing Material in Norway - 2023

Contents:

  1. Price for Machine-Tool for Removing Material in Norway (CIF) - 2022
  2. Price for Machine-Tool for Removing Material in Norway (FOB) - 2022
  3. Imports of Machine-Tool for Removing Material in Norway
  4. Exports of Machine-Tool for Removing Material in Norway

Price for Machine-Tool for Removing Material in Norway (CIF) - 2022

In 2022, the average machine-tool for removing material import price amounted to $4,629 per unit, declining by -45% against the previous year. In general, the import price recorded a abrupt slump. The pace of growth appeared the most rapid in 2017 an increase of 91%. Over the period under review, average import prices reached the peak figure at $10,838 per unit in 2018; however, from 2019 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($23,585 per unit), while the price for Denmark ($1,146 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+18.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machine-Tool for Removing Material in Norway (FOB) - 2022

The average machine-tool for removing material export price stood at $13,178 per unit in 2022, shrinking by -11.4% against the previous year. Overall, the export price, however, showed a resilient expansion. The pace of growth was the most pronounced in 2013 when the average export price increased by 741% against the previous year. As a result, the export price attained the peak level of $18,054 per unit. From 2014 to 2022, the average export prices remained at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($65,009 per unit), while the average price for exports to Portugal ($485 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 UK (+21.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machine-Tool for Removing Material in Norway

Machine-tool for removing material imports into Norway skyrocketed to 3.7K units in 2022, picking up by 62% against the previous year. In general, imports enjoyed a buoyant expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, machine-tool for removing material imports fell to $17M in 2022. Overall, imports, however, recorded a noticeable reduction. The pace of growth was the most pronounced in 2021 with an increase of 77%. As a result, imports attained the peak of $19M, and then declined in the following year.

Import of Machine-Tool for Removing Material in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany3,2671,4975,2493,154-1.2%
China1,3001,1481,2621,87212.9%
Italy2,6386741691,162-23.9%
United States1,7914821,1711,106-14.8%
France67523366.693811.6%
United Kingdom54331247576412.1%
Denmark30.0192105450146.6%
Poland43.829.155.931492.8%
Canada3917.4N/AN/A-98.1%
Others8,1706,22210,5907,260-3.9%
Total18,84810,79519,14317,019-3.3%

Top Suppliers of Machine-Tool for Removing Material to Norway in 2022:

  1. China (1200.0 units)
  2. United States (531.0 units)
  3. Denmark (392.0 units)
  4. France (278.0 units)
  5. United Kingdom (213.0 units)
  6. Poland (205.0 units)
  7. Germany (204.0 units)
  8. Italy (65.0 units)

Exports of Machine-Tool for Removing Material in Norway

In 2022, the amount of machine-tools for working any material by removal of material exported from Norway surged to 46 units, picking up by 44% on 2021 figures. In general, exports showed a relatively flat trend pattern. The exports peaked at 61 units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, machine-tool for removing material exports skyrocketed to $604K in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2020 when exports increased by 40% against the previous year. As a result, the exports reached the peak of $846K. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of Machine-Tool for Removing Material in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Germany1650.833.82027.0%
United Kingdom86.229014813014.7%
France4.5N/AN/A106186.7%
Sweden47.617517681.419.6%
TurkeyN/AN/AN/A24.80%
SingaporeN/AN/AN/A24.30%
Denmark13.81259.519.011.2%
Czech RepublicN/A0.410.35.0253.6%
Poland30.515.2N/A4.2-48.4%
Italy1.60.6N/A3.124.7%
AustriaN/AN/AN/A0.70%
PortugalN/AN/AN/A0.50%
IndonesiaN/A169N/AN/A0%
Others25670.191.53.3-76.6%
Total605846469604-0.1%

Top Export Markets for Machine-Tool for Removing Material from Norway in 2022:

  1. Germany (11.0 units)
  2. Sweden (9.0 units)
  3. France (6.0 units)
  4. Turkey (5.0 units)
  5. Italy (4.0 units)
  6. Singapore (2.0 units)
  7. Poland (2.0 units)
  8. United Kingdom (2.0 units)
  9. Czech Republic (1.0 units)
  10. Portugal (1.0 units)
  11. Denmark (1.0 units)
  12. Austria (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for machine-tool for removing material 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 28411110 - Machine-tools for working any material by removal of material, operated by laser or other light or photon beam processes
  • Prodcom 28411130 - Machine-tools for working any material by removal of material, operated by ultrasonic processes (excluding machines for the manufacture of semiconductor devices or of electronic integrated circuits)
  • Prodcom 28411150 - Machine tools for working any material by removal of material, operated by electro-discharge processes
  • Prodcom 28411170 - Machine-tools for working any material by removal of material, operated by electro-chemical, electron-beam, ionicbeam or plasma arc processes

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS
  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030
  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT
  5. 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
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES
  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS
  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023
  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023
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Free Data: Machine-Tools For Working Any Material By Removal Of Material - Norway