Norway - Automatic Circuit Breakers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingCircuit Breaker Price in Norway - 2023
Contents:
- Circuit Breaker Price in Norway (CIF) - 2023
- Circuit Breaker Price in Norway (FOB) - 2022
- Circuit Breaker Imports in Norway
- Circuit Breaker Exports in Norway
Circuit Breaker Price in Norway (CIF) - 2023
In August 2023, the average circuit breaker import price amounted to $14.7 per unit, remaining stable against the previous month. Over the period under review, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average import price increased by 24% against the previous month. The import price peaked at $15.9 per unit in May 2023; however, from June 2023 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Sweden ($56.8 per unit), while the price for Portugal ($7.6 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by the Czech Republic (+3.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Circuit Breaker Price in Norway (FOB) - 2022
In 2022, the average circuit breaker export price amounted to $30 per unit, picking up by 20% against the previous year. In general, the export price, however, continues to indicate a noticeable descent. The export price peaked at $42 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($92 per unit), while the average price for exports to Sweden ($16 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 Lithuania (+3.5%), while the prices for the other major destinations experienced more modest paces of growth.
Circuit Breaker Imports in Norway
After three years of growth, overseas purchases of automatic circuit breakers decreased by -3.1% to 4.6M units in 2022. The total import volume increased at an average annual rate of +7.5% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 22%. Over the period under review, imports hit record highs at 4.7M units in 2021, and then dropped in the following year.
In value terms, circuit breaker imports dropped to $66M in 2022. The total import value increased at an average annual rate of +4.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year. As a result, imports reached the peak of $71M, and then reduced in the following year.
| Import of Circuit Breaker in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Czech Republic | 6.6 | 8.9 | 8.9 | 11.1 | 18.9% |
| Germany | 5.9 | 8.0 | 14.2 | 9.4 | 16.8% |
| France | 8.6 | 5.9 | 7.7 | 7.0 | -6.6% |
| Romania | 8.7 | 7.6 | 10.3 | 6.3 | -10.2% |
| Portugal | 4.4 | 4.6 | 6.6 | 6.0 | 10.9% |
| Italy | 5.3 | 5.0 | 5.3 | 5.8 | 3.1% |
| Sweden | 5.2 | 2.3 | 2.0 | 5.3 | 0.6% |
| China | 1.5 | 3.5 | 5.2 | 4.4 | 43.1% |
| Poland | 1.0 | 1.7 | 2.3 | 2.1 | 28.1% |
| Bulgaria | 0.9 | 0.9 | 1.3 | 1.8 | 26.0% |
| Others | 9.3 | 10.2 | 6.9 | 6.7 | -10.4% |
| Total | 57.3 | 58.4 | 70.6 | 65.9 | 4.8% |
Top Suppliers of Circuit Breaker to Norway in 2022:
- Czech Republic (764.3K units)
- Portugal (760.1K units)
- France (749.0K units)
- Romania (526.5K units)
- Italy (361.8K units)
- China (313.7K units)
- Bulgaria (226.7K units)
- Sweden (196.9K units)
- Germany (180.9K units)
- Poland (176.4K units)
Circuit Breaker Exports in Norway
For the fourth consecutive year, Norway recorded growth in overseas shipments of automatic circuit breakers, which increased by 40% to 263K units in 2022. In general, exports posted a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 52% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in the near future.
In value terms, circuit breaker exports surged to $7.8M in 2022. Over the period under review, exports enjoyed a significant expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Circuit Breaker in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 460 | 542 | 1,201 | 1,729 | 55.5% |
| Germany | 55.8 | 72.0 | 142 | 1,418 | 194.0% |
| Singapore | 26.8 | 104 | 53.2 | 962 | 229.9% |
| Vietnam | 40.3 | 175 | 269 | 544 | 138.1% |
| Poland | 109 | 114 | 82.4 | 428 | 57.8% |
| Latvia | 335 | 285 | 567 | 399 | 6.0% |
| Denmark | 122 | 249 | 128 | 299 | 34.8% |
| Netherlands | 243 | 181 | 139 | 254 | 1.5% |
| Romania | 131 | 585 | 2.1 | 30.3 | -38.6% |
| Others | 900 | 1,223 | 2,057 | 1,719 | 24.1% |
| Total | 2,423 | 3,531 | 4,641 | 7,782 | 47.5% |
Top Export Markets for Circuit Breaker from Norway in 2022:
- Sweden (109.3K units)
- Vietnam (29.5K units)
- Singapore (22.3K units)
- Latvia (22.3K units)
- Denmark (17.6K units)
- Germany (15.5K units)
- Poland (10.8K units)
- Netherlands (5.4K units)
- Romania (0.9K units)
This report provides an in-depth analysis of the circuit breaker 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 27121020 - Automatic circuit breakers
- Prodcom 27122230 - Automatic circuit breakers for a voltage . 1 kV and for a current . .63 A
- Prodcom 27122250 - Automatic circuit breakers for a voltage . 1 kV and for a current > .63 A
- Prodcom 27122230 - Automatic circuit breakers for a voltage . 1 kV and for a current . .63 A
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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