Norway: Market for Road Tractors For Semi-Trailers 2024

Market Size for Road Tractors For Semi-Trailers in Norway

The Norwegian road tractor for semi-trailer market stood at $X in 2022, picking up by X% against the previous year. Overall, consumption recorded strong growth. Road tractor for semi-trailer consumption peaked at $X in 2018; however, from 2019 to 2022, consumption failed to regain momentum.

Production of Road Tractors For Semi-Trailers in Norway

In value terms, road tractor for semi-trailer production stood at $X in 2022 estimated in export price. Over the period under review, production recorded a strong increase. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2018; however, from 2019 to 2022, production stood at a somewhat lower figure.

Exports of Road Tractors For Semi-Trailers

Exports from Norway

In 2022, approx. X units of road tractors for semi-trailers were exported from Norway; increasing by X% against the previous year. Over the period under review, exports posted perceptible growth. The most prominent rate of growth was recorded in 2017 with an increase of X% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, road tractor for semi-trailer exports expanded remarkably to $X in 2022. Overall, exports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2017 when exports increased by X%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a lower figure.

Exports by Country

The Netherlands (X units), Lithuania (X units) and Sweden (X units) were the main destinations of road tractor for semi-trailer exports from Norway, together comprising X% of total exports.

From 2012 to 2022, the biggest increases were recorded for Lithuania (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for road tractor for semi-trailer exported from Norway were the Netherlands ($X), Sweden ($X) and Lithuania ($X), together comprising X% of total exports. Finland, Poland, Estonia, Bolivia, Jordan and Afghanistan lagged somewhat behind, together comprising a further X%.

In terms of the main countries of destination, Poland, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average road tractor for semi-trailer export price stood at $X per unit in 2022, with a decrease of X% against the previous year. Over the period under review, export price indicated moderate growth from 2012 to 2022: its price 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, road tractor for semi-trailer export price increased by X% against 2020 indices. The growth pace was the most rapid in 2021 an increase of X%. As a result, the export price attained the peak level of $X per unit, and then shrank significantly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per unit), while the average price for exports to Afghanistan ($X 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 Poland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Road Tractors For Semi-Trailers

Imports into Norway

In 2022, the amount of road tractors for semi-trailers imported into Norway declined significantly to X units, which is down by X% against the previous year. Over the period under review, imports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2017 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure at X units in 2021, and then shrank rapidly in the following year.

In value terms, road tractor for semi-trailer imports dropped rapidly to $X in 2022. In general, imports, however, continue to indicate a significant increase. The pace of growth appeared the most rapid in 2017 with an increase of X%. Imports peaked at $X in 2021, and then shrank significantly in the following year.

Imports by Country

In 2022, Sweden (X units) constituted the largest road tractor for semi-trailer supplier to Norway, accounting for a X% share of total imports. Moreover, road tractor for semi-trailer imports from Sweden exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), sevenfold. The third position in this ranking was taken by Germany (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Sweden stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Germany (X% per year).

In value terms, Sweden ($X) constituted the largest supplier of road tractors for semi-trailers to Norway, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports. It was followed by Germany, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Sweden totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Germany (X% per year).

Import Prices by Country

The average road tractor for semi-trailer import price stood at $X per unit in 2022, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of X%. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the highest price was recorded for prices from Denmark ($X per unit) and Sweden ($X per unit), while the price for Germany ($X per unit) and the Netherlands ($X per unit) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (X%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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