Vessels; Warships Price in Norway - 2022

Contents:

1. Vessels; Warships Price in Norway (FOB) - 2022
2. Vessels; Warships Price in Norway (CIF) - 2022
3. Vessels; Warships Exports in Norway
4. Vessels; Warships Imports in Norway

Vessels; Warships Price in Norway (FOB) - 2022

In 2022, the average vessels; warships export price amounted to $96,403 per ton, increasing by 16% against the previous year. Over the period under review, the export price showed resilient growth. The growth pace was the most rapid in 2018 when the average export price increased by 16%. The export price peaked in 2022 and is expected to retain growth in years to come.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for the Netherlands amounted to -1.6% per year.

Vessels; Warships Price in Norway (CIF) - 2022

The average vessels; warships import price stood at $9,593 per ton in 2022, remaining relatively unchanged against the previous year. Over the period under review, the import price recorded a abrupt decline. The growth pace was the most rapid in 2018 when the average import price increased by 9.7%. Over the period under review, average import prices hit record highs at $25,487 per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

As there is only one major supplying country, the average price level is determined by prices for Romania.

From 2012 to 2022, the rate of growth in terms of prices for Romania amounted to -3.6% per year.

Vessels; Warships Exports in Norway

In 2022, approx. 1.6K tons of vessels; warshipses were exported from Norway; surging by 3.5% compared with the previous year's figure. The total export volume increased at an average annual rate of +3.5% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 3.5%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, vessels; warships exports soared to $159M in 2022. Over the period under review, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +20.0% 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 +72.8% against 2019 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Top Export Markets for Vessels; Warships from Norway in 2022:

1. Netherlands (1.6K tons)

Vessels; Warships Imports in Norway

In 2022, after two years of decline, there was significant growth in overseas purchases of vessels; warshipses, when their volume increased by 95% to 14K tons. In general, imports, however, recorded a deep contraction.

In value terms, vessels; warships imports surged to $130M in 2022. Overall, imports, however, showed a abrupt decrease.

Top Suppliers of Vessels; Warships to Norway in 2022:

1. Romania (13.5K tons)

Source: IndexBox Market Intelligence Platform