Price for Machines; Parts and Accessories, of Heading No. 8472 in Norway - 2024
Contents:
- Price for Machines; Parts and Accessories, of Heading No. 8472 in Norway (CIF) - 2024
- Price for Machines; Parts and Accessories, of Heading No. 8472 in Norway (FOB) - 2022
- Imports of Machines; Parts and Accessories, of Heading No. 8472 in Norway
- Exports of Machines; Parts and Accessories, of Heading No. 8472 in Norway
Price for Machines; Parts and Accessories, of Heading No. 8472 in Norway (CIF) - 2024
In January 2024, the average import price for machines; parts and accessories, of heading no. 8472 amounted to $192K per ton, jumping by 22% against the previous month. Over the period under review, the import price posted a buoyant increase. The pace of growth appeared the most rapid in November 2023 when the average import price increased by 91% month-to-month. As a result, import price attained the peak level of $212K per ton. From December 2023 to January 2024, the average import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In January 2024, the country with the highest price was Denmark ($743K per ton), while the price for Japan ($61,836 per ton) was amongst the lowest.
From February 2023 to January 2024, the most notable rate of growth in terms of prices was attained by Denmark (+26.5%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Machines; Parts and Accessories, of Heading No. 8472 in Norway (FOB) - 2022
The average export price for machines; parts and accessories, of heading no. 8472 stood at $110,295 per ton in 2022, increasing by 39% against the previous year. Overall, the export price enjoyed a buoyant increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 96% against the previous year. Over the period under review, the average export prices hit record highs at $124,186 per ton in 2018; however, from 2019 to 2022, the 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 ($319,393 per ton), while the average price for exports to Denmark ($35,782 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 the Netherlands (+17.2%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Machines; Parts and Accessories, of Heading No. 8472 in Norway
In 2022, imports of machines; parts and accessories, of heading no. 8472 into Norway contracted sharply to 28 tons, with a decrease of -35.7% compared with the previous year. In general, imports faced a deep slump. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year.
In value terms, imports of machines; parts and accessories, of heading no. 8472 declined notably to $2.2M in 2022. Overall, imports showed a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 9.1% against the previous year.
| Import of Machines; Parts and Accessories, of Heading No. 8472 in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United States | 160 | 248 | 141 | 401 | 35.8% |
| China | 512 | 353 | 751 | 378 | -9.6% |
| Germany | 821 | 522 | 538 | 362 | -23.9% |
| Belgium | 256 | 354 | 485 | 323 | 8.1% |
| Denmark | 254 | 630 | 227 | 125 | -21.0% |
| Netherlands | 160 | 47.1 | 130 | 111 | -11.5% |
| Sweden | 181 | 61.8 | 382 | 97.9 | -18.5% |
| Japan | 260 | 88.7 | 66.1 | 86.5 | -30.7% |
| United Kingdom | 126 | 65.2 | 50.6 | 66.7 | -19.1% |
| India | 23.2 | 14.2 | 184 | 40.7 | 20.6% |
| Malaysia | 92.6 | 336 | 18.9 | 28.3 | -32.6% |
| Poland | 72.6 | 59.2 | 18.2 | 1.5 | -72.6% |
| Others | 413 | 201 | 259 | 206 | -20.7% |
| Total | 3,329 | 2,980 | 3,251 | 2,228 | -12.5% |
Top Suppliers of Machines; Parts and Accessories, of Heading No. 8472 to Norway in 2022:
- Belgium (11.1 tons)
- China (6.0 tons)
- Germany (2.6 tons)
- United States (1.9 tons)
- Denmark (1.1 tons)
- Sweden (1.1 tons)
- Japan (0.8 tons)
- India (0.7 tons)
- United Kingdom (0.6 tons)
- Netherlands (0.3 tons)
- Malaysia (0.2 tons)
- Poland (0.1 tons)
Exports of Machines; Parts and Accessories, of Heading No. 8472 in Norway
In 2022, the amount of machines; parts and accessories, of heading no. 8472 exported from Norway surged to 16 tons, picking up by 36% on the previous year. In general, total exports indicated moderate growth from 2019 to 2022: its volume increased at an average annual rate of +2.3% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -26.1% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 45%. As a result, the exports reached the peak of 22 tons. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.
In value terms, exports of machines; parts and accessories, of heading no. 8472 skyrocketed to $1.8M in 2022. Overall, exports continue to indicate a significant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Machines; Parts and Accessories, of Heading No. 8472 in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 37.0 | 148 | 234 | 645 | 159.3% |
| Poland | 0.7 | 0.4 | 4.4 | 329 | 677.5% |
| United States | 98.4 | 101 | 283 | 204 | 27.5% |
| Sweden | 19.3 | 1.9 | 96.9 | 201 | 118.4% |
| Germany | 273 | 137 | 125 | 173 | -14.1% |
| Denmark | 325 | 26.8 | 11.5 | 89.3 | -35.0% |
| Switzerland | N/A | 425 | 2.3 | N/A | -99.5% |
| Estonia | N/A | 0.4 | N/A | N/A | 0% |
| Others | 253 | 45.6 | 183 | 148 | -16.4% |
| Total | 1,007 | 887 | 940 | 1,789 | 21.1% |
Top Export Markets for Machines; Parts and Accessories, of Heading No. 8472 from Norway in 2022:
- Netherlands (5.3 tons)
- Sweden (2.8 tons)
- Denmark (2.5 tons)
- Germany (2.4 tons)
- Poland (1.9 tons)
- United States (0.6 tons)
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This report provides an in-depth analysis of the computing machinery market in Norway.
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This report provides an in-depth analysis of the global computing machinery market.
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