Norway - Electrical Apparatus for Circuit Connection, Switching and Protection - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNorway: Electrical Circuit Apparatus Market 2024
Electrical Circuit Apparatus Market Size in Norway
The Norwegian electrical circuit apparatus market surged to $X in 2021, increasing by X% against the previous year. Over the period under review, consumption showed a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.
Electrical Circuit Apparatus Production in Norway
In value terms, electrical circuit apparatus production declined to $X in 2021 estimated in export price. In general, production, however, continues to indicate a drastic downturn. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, production attained the peak level of $X. From 2015 to 2021, production growth remained at a somewhat lower figure.
Electrical Circuit Apparatus Exports
Exports from Norway
In 2021, overseas shipments of electrical apparatus for circuit connection, switching and protection increased by X% to X units, rising for the third year in a row after five years of decline. In general, exports, however, showed a noticeable downturn. The growth pace was the most rapid in 2020 when exports increased by X%. Over the period under review, the exports reached the maximum at X units in 2013; however, from 2014 to 2021, the exports remained at a lower figure.
In value terms, electrical circuit apparatus exports skyrocketed to $X in 2021. Over the period under review, exports, however, continue to indicate a noticeable descent. The pace of growth appeared the most rapid in 2020 when exports increased by X%. Over the period under review, the exports reached the peak figure at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.
Exports by Country
Sweden (X units) was the main destination for electrical circuit apparatus exports from Norway, accounting for a X% share of total exports. Moreover, electrical circuit apparatus exports to Sweden exceeded the volume sent to the second major destination, Denmark (X units), ninefold. The third position in this ranking was held by China (X units), with a X% share.
From 2012 to 2021, the average annual growth rate of volume to Sweden stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (X% per year) and China (X% per year).
In value terms, Sweden ($X) remains the key foreign market for electrical apparatus for circuit connection, switching and protection exports from Norway, comprising X% of total exports. The second position in the ranking was taken by Guyana ($X), with a X% share of total exports. It was followed by China, with a X% share.
From 2012 to 2021, the average annual rate of growth in terms of value to Sweden was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Guyana (X% per year) and China (X% per year).
Export Prices by Country
In 2021, the average electrical circuit apparatus export price amounted to $X per unit, growing by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2014 an increase of X% against the previous year. Over the period under review, the average export prices attained the maximum in 2021 and is expected to retain growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Guyana ($X per unit), while the average price for exports to Sweden ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Russia (X%), while the prices for the other major destinations experienced more modest paces of growth.
Electrical Circuit Apparatus Imports
Imports into Norway
In 2021, approx. X units of electrical apparatus for circuit connection, switching and protection were imported into Norway; surging by X% compared with 2020. Over the period under review, imports, however, recorded a pronounced curtailment. The pace of growth was the most pronounced in 2018 when imports increased by X% against the previous year. Imports peaked at X units in 2013; however, from 2014 to 2021, imports stood at a somewhat lower figure.
In value terms, electrical circuit apparatus imports skyrocketed to $X in 2021. Overall, imports showed a relatively flat trend pattern. Over the period under review, imports hit record highs at $X in 2014; however, from 2015 to 2021, imports remained at a lower figure.
Imports by Country
China (X units), Germany (X units) and France (X units) were the main suppliers of electrical circuit apparatus imports to Norway, together accounting for X% of total imports. Sweden, the Czech Republic, Estonia, Romania, Italy, Finland, Poland, Portugal, Denmark and Switzerland lagged somewhat behind, together comprising a further X%.
From 2012 to 2021, the biggest increases were recorded for Portugal (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Germany ($X), China ($X) and Sweden ($X) appeared to be the largest electrical circuit apparatus suppliers to Norway, with a combined X% share of total imports. France, the Czech Republic, Italy, Romania, Poland, Finland, Switzerland, Denmark, Estonia and Portugal lagged somewhat behind, together accounting for a further X%.
Portugal, with a CAGR of X%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
In 2021, the average electrical circuit apparatus import price amounted to $X per unit, rising by X% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Switzerland ($X per unit), while the price for Estonia ($X per unit) was amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Romania (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
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This report provides an in-depth analysis of the electrical circuit apparatus 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 27121010 - Fuses for a voltage > 1 kV
- Prodcom 27121020 - Automatic circuit breakers
- Prodcom 27121030 - Isolating switches and make-and-break switches
- Prodcom 27121040 - Lightning arresters, voltage limiters and surge suppressors for a voltage > 1 kV
- Prodcom 27121090 - Other apparatus for switching... electrical circuits > 1 .000 V
- Prodcom 27122130 - Fuses for a voltage . 1 kV and for a current . .10 A
- Prodcom 27122150 - Fuses for a voltage . 1 kV and for a current > .10 A but . .63 A
- Prodcom 27122170 - Fuses for a voltage . 1 kV and for a current > .63 A
- Prodcom 27122230 - Automatic circuit breakers for a voltage . 1 kV and for a current . .63 A
- Prodcom 27122250 - Automatic circuit breakers for a voltage . 1 kV and for a current > .63 A
- Prodcom 27122330 - Electrical apparatus for protecting electrical circuits for a voltage . 1 kV and a current . .16 A (excluding fuses, a utomatic circuit breakers)
- Prodcom 27122350 - Electrical apparatus for protecting electrical circuits for a voltage . 1 kV and for a current > .16 A but . .125 A (excluding fuses, automatic circuit breakers)
- Prodcom 27122370 - Electrical apparatus for protecting electrical circuits for a voltage . 1 kV and for a current > .125 A (excluding fuses, a utomatic circuit breakers)
- Prodcom 27122433 - Relays for a voltage . .60 V and for a current . 2 A
- Prodcom 27122435 - Relays for a voltage . .60 V and for a current > 2 A
- Prodcom 27122450 - Relays and contactors for a voltage > .60 V but . 1 kV
- Prodcom 27331100 - Electrical apparatus for switching electrical circuits for a voltage . 1 kV (including push-button and rotary switches) (excluding relays)
- Prodcom 27331200 - Lamp-holders for a voltage . 1 kV
- Prodcom 27331310 - Plugs and sockets for coaxial cables for a voltage . 1 kV
- Prodcom 27331330 - Plugs and sockets for printed circuits for a voltage . 1 kV
- Prodcom 27331350 - Plugs and sockets for a voltage . 1 kV (excluding for coaxial cables, for printed circuits)
- Prodcom 27331360 - Prefabricated elements for electrical circuits for a voltage . 1 kV
- Prodcom 27331370 - Connections and contact elements for wires and cables for a voltage . 1 kV
- Prodcom 27331380 - Other apparatus for connections to or in electrical circuit, v oltage . 1 .000 V
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
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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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