Norway - Machines For Working Wire - Market Analysis, Forecast, Size, Trends And Insights
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View PricingWorking Wire Machine Price in Norway - 2023
Contents:
- Working Wire Machine Price in Norway (CIF) - 2022
- Working Wire Machine Price in Norway (FOB) - 2022
- Working Wire Machine Imports in Norway
- Working Wire Machine Exports in Norway
Working Wire Machine Price in Norway (CIF) - 2022
In 2022, the average working wire machine import price amounted to $1,035 per unit, reducing by -73.8% against the previous year. Over the period under review, the import price recorded a slight curtailment. The most prominent rate of growth was recorded in 2021 when the average import price increased by 298%. The import price peaked at $4,359 per unit in 2016; however, from 2017 to 2022, import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($1,206 per unit), while the price for South Korea ($109 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by South Korea (+284.5%), while the prices for the other major suppliers experienced mixed trend patterns.
Working Wire Machine Price in Norway (FOB) - 2022
The average working wire machine export price stood at $14,191 per unit in 2022, with an increase of 948% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average export price increased by 4,912%. As a result, the export price reached the peak level of $19,398 per unit. From 2017 to 2022, the average export prices remained at a lower figure.
As there is only one major export destination, the average price level is determined by prices for Denmark.
From 2012 to 2022, the rate of growth in terms of prices for Denmark amounted to +33.7% per year.
Working Wire Machine Imports in Norway
In 2022, approx. 70 units of machines for working wire were imported into Norway; dropping by -69% on 2021. Overall, imports faced a sharp downturn. The pace of growth was the most pronounced in 2021 with an increase of 2,411%. Imports peaked at 1.7K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, working wire machine imports shrank notably to $73K in 2022. In general, imports showed a sharp decline. The growth pace was the most rapid in 2021 when imports increased by 10,322%. Over the period under review, imports reached the peak figure at $1.5M in 2019; however, from 2020 to 2022, imports remained at a lower figure.
| Import of Working Wire Machine in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 39.4 | 0.1 | 0.6 | 27.6 | -11.2% |
| Denmark | 23.1 | 0.2 | 14.0 | 22.9 | -0.3% |
| United States | 62.5 | 0.2 | 5.3 | 17.7 | -34.3% |
| Switzerland | 3.4 | N/A | 0.5 | 1.2 | -29.3% |
| Sweden | 7.0 | N/A | 0.8 | 1.0 | -47.7% |
| South Korea | N/A | N/A | N/A | 0.3 | 0% |
| China | 19.9 | N/A | 0.2 | 0.1 | -82.9% |
| Austria | 299 | 1.9 | 62.2 | N/A | -54.4% |
| Taiwan (Chinese) | 598 | 3.5 | 105 | N/A | -58.1% |
| Others | 469 | 2.6 | 702 | 1.7 | -84.6% |
| Total | 1,521 | 8.5 | 891 | 72.6 | -63.7% |
Top Suppliers of Working Wire Machine to Norway in 2022:
- United Kingdom (23.0 units)
- Denmark (21.0 units)
- United States (16.0 units)
- Sweden (3.0 units)
- South Korea (3.0 units)
- Switzerland (2.0 units)
- China (1.0 units)
Working Wire Machine Exports in Norway
In 2022, shipments abroad of machines for working wire decreased by -89.7% to 3 units for the first time since 2018, thus ending a three-year rising trend. Overall, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2020 with an increase of 2,500%. Over the period under review, the exports reached the peak figure at 29 units in 2021, and then dropped rapidly in the following year.
In value terms, working wire machine exports expanded remarkably to $43K in 2022. In general, exports, however, continue to indicate a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 1,136% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
| Export of Working Wire Machine in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2020 | 2021 | 2022 | CAGR, 2020-2022 | |
| Denmark | 1.6 | 4.9 | 42.6 | 416.0% | |
| China | 20.1 | 17.3 | N/A | -13.9% | |
| Sweden | 1.2 | 2.4 | N/A | 100.0% | |
| United States | 5.1 | 5.4 | N/A | 5.9% | |
| Others | 9.2 | 9.8 | N/A | 6.5% | |
| Total | 37.2 | 39.9 | 42.6 | 7.0% | |
Top Export Markets for Working Wire Machine from Norway in 2022:
- Denmark (3.0 units)
This report provides an in-depth analysis of the working wire machine 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 28413450 - Machines for working wire (excluding draw-benches, thread rolling machines)
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
-
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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