Norway - Numerically Controlled Knee-Type Milling Machines For Working Metal - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Norway - Numerically Controlled Knee-Type Milling Machines For Working Metal - Market Analysis, Forecast, Size, Trends And Insights

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Price for Numerically Controlled Knee-Type Milling Machine in Norway - 2023

Contents:

  1. Price for Numerically Controlled Knee-Type Milling Machine in Norway (CIF) - 2022
  2. Price for Numerically Controlled Knee-Type Milling Machine in Norway (FOB) - 2022
  3. Imports of Numerically Controlled Knee-Type Milling Machine in Norway
  4. Exports of Numerically Controlled Knee-Type Milling Machine in Norway

Price for Numerically Controlled Knee-Type Milling Machine in Norway (CIF) - 2022

In 2022, the average import price for numerically controlled knee-type milling machines for working metal amounted to $7,997 per unit, falling by -2.7% against the previous year. Overall, the import price continues to indicate a abrupt slump. The pace of growth appeared the most rapid in 2020 when the average import price increased by 1,064% against the previous year. Over the period under review, average import prices hit record highs at $31,516 per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the UK ($9,171 per unit), while the price for Sweden amounted to $4,913 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+167.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Price for Numerically Controlled Knee-Type Milling Machine in Norway (FOB) - 2022

In 2022, the average export price for numerically controlled knee-type milling machines for working metal amounted to $524 per unit, increasing by 28% against the previous year. Overall, the export price, however, continues to indicate a abrupt contraction. The most prominent rate of growth was recorded in 2017 an increase of 167%. Over the period under review, the average export prices reached the peak figure at $6,765 per unit in 2018; however, from 2019 to 2022, the export prices failed to regain momentum.

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 -9.8% per year.

Imports of Numerically Controlled Knee-Type Milling Machine in Norway

In 2022, after two years of decline, there was significant growth in overseas purchases of numerically controlled knee-type milling machines for working metal, when their volume increased by 33% to 4 units. In general, imports, however, showed a dramatic shrinkage. Over the period under review, imports attained the peak figure at 140 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, numerically controlled knee-type milling machine imports surged to $29K in 2022. Over the period under review, imports, however, showed a significant decrease. Imports peaked at $125K in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of Numerically Controlled Knee-Type Milling Machine in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom0.91.90.624.1199.2%
Sweden0.20.3N/A4.9190.4%
China24.434.20.1N/A-93.6%
United States90.60.21.2N/A-88.5%
Others9.422.320.1N/A46.2%
Total12558.922.029.0-38.6%

Top Suppliers of Numerically Controlled Knee-Type Milling Machine to Norway in 2022:

  1. United Kingdom (3.0 units)
  2. Sweden (1.0 units)

Exports of Numerically Controlled Knee-Type Milling Machine in Norway

After two years of decline, shipments abroad of numerically controlled knee-type milling machines for working metal decreased by 0% to 1 units in 2022. Overall, exports recorded a dramatic slump. The smallest decline of -83.3% was in 2020. Over the period under review, the exports reached the maximum at 6 units in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, numerically controlled knee-type milling machine exports rose notably to $661 in 2022. Over the period under review, exports saw a sharp decline. The exports peaked at $3.8K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Numerically Controlled Knee-Type Milling Machine in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark3.80.40.30.7-43.1%
SwedenN/AN/A0.2N/A0%
OthersN/A0.40.2N/A-50.0%
Total3.80.70.60.7-43.1%

Top Export Markets for Numerically Controlled Knee-Type Milling Machine from Norway in 2022:

  1. Denmark (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for numerically controlled knee-type milling machine 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 28412217 - Numerically controlled knee-type milling machines for working metal (excluding boring-milling 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:

  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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