Norway - Wiring Sets Used In Vehicles, Aircraft Or Ships - Market Analysis, Forecast, Size, Trends And Insights
Report Update: Apr 1, 2024

Norway - Wiring Sets Used In Vehicles, Aircraft Or Ships - Market Analysis, Forecast, Size, Trends And Insights

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Price for Wiring Sets Used in Vehicles, Aircraft or Ships in Norway - 2023

Contents:

  1. Price for Wiring Sets Used in Vehicles, Aircraft or Ships in Norway (CIF) - 2023
  2. Price for Wiring Sets Used in Vehicles, Aircraft or Ships in Norway (FOB) - 2022
  3. Imports of Wiring Sets Used in Vehicles, Aircraft or Ships in Norway
  4. Exports of Wiring Sets Used in Vehicles, Aircraft or Ships in Norway

Price for Wiring Sets Used in Vehicles, Aircraft or Ships in Norway (CIF) - 2023

The average import price for wiring sets used in vehicles, aircraft or ships stood at $46,023 per ton in December 2023, growing by 15% against the previous month. Over the period from December 2022 to December 2023, it increased at an average monthly rate of +1.2%. The pace of growth was the most pronounced in March 2023 an increase of 45% m-o-m. As a result, import price reached the peak level of $58,339 per ton. From April 2023 to December 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In December 2023, the country with the highest price was the Netherlands ($119K per ton), while the price for China ($15,813 per ton) was amongst the lowest.

From December 2022 to December 2023, the most notable rate of growth in terms of prices was attained by the Netherlands (+14.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Wiring Sets Used in Vehicles, Aircraft or Ships in Norway (FOB) - 2022

The average export price for wiring sets used in vehicles, aircraft or ships stood at $38,566 per ton in 2022, declining by -8.5% against the previous year. Overall, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the average export price increased by 64% against the previous year. As a result, the export price reached the peak level of $51,146 per ton. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($92,199 per ton), while the average price for exports to Poland ($12,493 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+9.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Wiring Sets Used in Vehicles, Aircraft or Ships in Norway

Imports of wiring sets used in vehicles, aircraft or ships into Norway reduced slightly to 422 tons in 2022, stabilizing at 2021. The total import volume increased at an average annual rate of +6.0% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 with an increase of 21%. As a result, imports attained the peak of 427 tons, leveling off in the following year.

In value terms, imports of wiring sets used in vehicles, aircraft or ships totaled $18M in 2022. The total import value increased at an average annual rate of +9.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 when imports increased by 26% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Import of Wiring Sets Used in Vehicles, Aircraft or Ships in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Hungary84.61351,1002,573212.1%
China1,0461,1191,6532,20128.1%
Germany2,0101,7411,9931,565-8.0%
United States2,0251,5111,3961,322-13.3%
Lithuania4945028151,08830.1%
Sweden7269621,0188806.6%
Mexico924763684867-2.1%
Czech Republic7265537028515.4%
Netherlands808665809795-0.5%
Poland5745018547559.6%
United Kingdom39232988867119.6%
Morocco22220727036718.2%
Vietnam99.723532735753.0%
Others3,4423,9144,0353,317-1.2%
Total13,57613,13816,54417,6089.1%

Top Suppliers of Wiring Sets Used in Vehicles, Aircraft or Ships to Norway in 2022:

  1. China (111.9 tons)
  2. Germany (39.7 tons)
  3. Hungary (38.5 tons)
  4. Czech Republic (35.2 tons)
  5. Sweden (32.8 tons)
  6. Netherlands (23.8 tons)
  7. Poland (17.3 tons)
  8. Lithuania (15.7 tons)
  9. Mexico (15.4 tons)
  10. United Kingdom (13.9 tons)
  11. United States (9.6 tons)
  12. Vietnam (8.8 tons)
  13. Morocco (8.4 tons)

Exports of Wiring Sets Used in Vehicles, Aircraft or Ships in Norway

Exports of wiring sets used in vehicles, aircraft or ships from Norway rose notably to 63 tons in 2022, with an increase of 10% against the previous year's figure. Over the period under review, exports showed significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 124%. Over the period under review, the exports of reached the maximum in 2022 and are expected to retain growth in years to come.

In value terms, exports of wiring sets used in vehicles, aircraft or ships reached $2.4M in 2022. In general, total exports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +22.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +85.8% against 2019 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 77%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Wiring Sets Used in Vehicles, Aircraft or Ships in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland19498.692.850537.6%
Sweden12113319133240.0%
United Kingdom20281593.42436.4%
Germany17060623123912.0%
United States34.957.421323689.1%
Denmark239126148221-2.6%
TurkeyN/A72.183.411827.9%
Netherlands15.228.713785.878.1%
France23.812.015.478.248.7%
Others3163801,2173866.9%
Total1,3152,3292,4222,44422.9%

Top Export Markets for Wiring Sets Used in Vehicles, Aircraft or Ships from Norway in 2022:

  1. Poland (40.4 tons)
  2. Sweden (15.7 tons)
  3. United Kingdom (9.5 tons)
  4. Denmark (6.1 tons)
  5. Germany (3.4 tons)
  6. United States (2.6 tons)
  7. Turkey (2.4 tons)
  8. Netherlands (2.1 tons)
  9. France (1.7 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for wiring sets used in vehicles, aircraft or ships 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 29311000 - Insulated ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships

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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