Report Update: May 1, 2024

Norway - Electrical Capacitors - Market Analysis, Forecast, Size, Trends And Insights

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Capacitor Price in Norway - 2023

Capacitor Price in Norway (CIF) - 2022

In 2022, the average capacitor import price amounted to $128 per unit, declining by -7.3% against the previous year. Over the period under review, the import price, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2018 when the average import price increased by 109%. The import price peaked at $138 per unit in 2021, and then shrank in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Mexico ($428 per unit), while the price for Sweden ($33 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Capacitor Price in Norway (FOB) - 2022

The average capacitor export price stood at $60 per unit in 2022, reducing by -35.2% against the previous year. Over the period under review, the export price, however, recorded a slight increase. The most prominent rate of growth was recorded in 2019 an increase of 68% against the previous year. The export price peaked at $146 per unit in 2020; however, from 2021 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($253 per unit), while the average price for exports to Estonia ($36 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Hong Kong SAR (+28.2%), while the prices for the other major destinations experienced more modest paces of growth.

Capacitor Imports in Norway

In 2022, supplies from abroad of electrical capacitors was finally on the rise to reach 175K units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, imports, however, saw a abrupt decline. Imports peaked at 248K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, capacitor imports skyrocketed to $22M in 2022. Overall, total imports indicated a perceptible increase from 2019 to 2022: its value increased at an average annual rate of +4.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +78.3% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Capacitor in Norway (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Japan	2.3	1.9	3.1	3.7	17.2%
China	1.9	1.4	2.2	2.8	13.8%
Germany	1.3	1.4	1.7	2.5	24.4%
United States	2.0	1.6	1.3	2.1	1.6%
Mexico	0.8	0.6	1.0	1.3	17.6%
Czech Republic	0.5	0.5	0.6	0.9	21.6%
France	0.6	0.7	0.6	0.8	10.1%
Malaysia	0.5	0.5	0.6	0.8	17.0%
Sweden	2.9	0.4	0.3	0.8	-34.9%
India	0.2	0.2	0.3	0.4	26.0%
Spain	0.6	0.3	0.2	0.4	-12.6%
Finland	0.1	0.4	0.1	0.2	26.0%
Hungary	0.1	0.1	0.2	0.2	26.0%
Others	6.0	2.7	4.1	5.7	-1.7%
Total	19.8	12.5	16.2	22.4	4.2%

Top Suppliers of Capacitor to Norway in 2022:

Germany (36.0K units)
Sweden (23.3K units)
Japan (21.7K units)
China (11.7K units)
United States (10.8K units)
Spain (9.6K units)
India (7.7K units)
France (7.6K units)
Czech Republic (5.7K units)
Malaysia (4.9K units)
Finland (4.3K units)
Hungary (3.2K units)
Mexico (3.0K units)

Capacitor Exports in Norway

For the fourth year in a row, Norway recorded growth in overseas shipments of electrical capacitors, which increased by 55% to 35K units in 2022. In general, exports saw a significant increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, capacitor exports amounted to $2.1M in 2022. Over the period under review, exports saw significant growth. The most prominent rate of growth was recorded in 2020 with an increase of 115%. As a result, the exports reached the peak of $2.4M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Capacitor in Norway (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Lithuania	129	54.7	265	504	57.5%
Estonia	127	243	225	337	38.4%
United States	43.3	194	131	256	80.8%
China	4.5	84.0	131	236	274.3%
Sweden	93.3	68.2	341	222	33.5%
Germany	90.3	35.0	54.4	112	7.4%
Poland	74.0	39.0	49.9	102	11.3%
Denmark	38.8	120	55.4	82.9	28.8%
Hungary	291	14.5	28.2	64.6	-39.5%
Others	215	1,523	817	194	-3.4%
Total	1,107	2,376	2,097	2,111	24.0%

Top Export Markets for Capacitor from Norway in 2022:

Lithuania (14.0K units)
Estonia (9.4K units)
China (2.4K units)
United States (2.0K units)
Sweden (1.6K units)
Germany (1.6K units)
Denmark (1.4K units)
Hungary (0.8K units)
Poland (0.4K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the capacitor 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 27905100 - Fixed power capacitors with a power handling capacity of > 0,5 kvar
Prodcom 27905220 - Fixed electrical capacitors, tantalum or aluminium electrolytic (excluding power capacitors)
Prodcom 27905240 - Other fixed electrical capacitors n.e.c.
Prodcom 27905300 - Variable capacitors (including pre-sets)

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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