Norway - Rotary Converters - Market Analysis, Forecast, Size, Trends And Insights
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View PricingElectric Rotary Converter Price in Norway - 2023
Contents:
- Electric Rotary Converter Price in Norway (CIF) - 2022
- Electric Rotary Converter Price in Norway (FOB) - 2022
- Electric Rotary Converter Imports in Norway
- Electric Rotary Converter Exports in Norway
Electric Rotary Converter Price in Norway (CIF) - 2022
In 2022, the average electric rotary converter import price amounted to $1,860 per unit, which is down by -25.1% against the previous year. Over the period under review, the import price saw a mild downturn. The most prominent rate of growth was recorded in 2020 when the average import price increased by 138% against the previous year. The import price peaked at $4,835 per unit in 2014; however, from 2015 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 Germany ($35,503 per unit), while the price for China ($25 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+25.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Electric Rotary Converter Price in Norway (FOB) - 2022
The average electric rotary converter export price stood at $17,521 per unit in 2022, growing by 35% against the previous year. Overall, the export price, however, faced a abrupt decrease. The most prominent rate of growth was recorded in 2016 an increase of 266% against the previous year. Over the period under review, the average export prices attained the maximum at $97,100 per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($31,523 per unit), while the average price for exports to Singapore ($3,406 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 Germany (+19.6%), while the prices for the other major destinations experienced more modest paces of growth.
Electric Rotary Converter Imports in Norway
After two years of decline, purchases abroad of electric rotary converters increased by 34% to 2.5K units in 2022. In general, imports, however, saw a abrupt descent. Imports peaked at 3.5K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, electric rotary converter imports stood at $4.6M in 2022. Overall, total imports indicated a significant expansion from 2019 to 2022: its value increased at an average annual rate of +20.3% 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 +74.2% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 60% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the near future.
| Import of Electric Rotary Converter in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 710 | 1,656 | 1,469 | 1,635 | 32.1% |
| Spain | 54.8 | 1,361 | 1,060 | 1,180 | 178.2% |
| United States | 723 | 213 | 550 | 612 | -5.4% |
| Hong Kong SAR | 145 | 132 | 25.7 | 87.1 | -15.6% |
| United Kingdom | 10.0 | 146 | 51.5 | 62.5 | 84.2% |
| China | 80.1 | 36.6 | 23.1 | 41.2 | -19.9% |
| Others | 917 | 683 | 1,380 | 979 | 2.2% |
| Total | 2,639 | 4,228 | 4,560 | 4,597 | 20.3% |
Top Suppliers of Electric Rotary Converter to Norway in 2022:
- China (1667.0 units)
- Hong Kong SAR (269.0 units)
- Spain (206.0 units)
- Sweden (83.0 units)
- United States (48.0 units)
- United Kingdom (43.0 units)
Electric Rotary Converter Exports in Norway
Electric rotary converter exports from Norway soared to 151 units in 2022, increasing by 39% on the previous year. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +9.5% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +88.8% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, electric rotary converter exports surged to $2.6M in 2022. Overall, exports posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 256% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
| Export of Electric Rotary Converter in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 569 | 13.4 | 659 | 1,440 | 36.3% |
| Germany | 91.8 | 75.8 | 387 | 845 | 109.6% |
| United States | 168 | 22.5 | 12.8 | 146 | -4.6% |
| Singapore | 3.3 | 101 | 3.1 | 76.2 | 184.8% |
| Netherlands | 7.7 | 75.7 | 20.5 | 73.9 | 112.5% |
| Italy | 8.5 | 19.0 | 14.4 | 31.5 | 54.7% |
| Spain | 19.7 | 4.8 | 0.2 | 17.7 | -3.5% |
| Lithuania | 3.0 | 0.3 | 4.5 | 9.9 | 48.9% |
| Denmark | N/A | 56.4 | N/A | N/A | 0% |
| South Korea | N/A | N/A | 86.2 | N/A | 0% |
| Iceland | 17.9 | N/A | N/A | N/A | 0% |
| Sudan | N/A | N/A | 1.7 | N/A | 0% |
| Others | 130 | 28.4 | 226 | N/A | 31.9% |
| Total | 1,019 | 397 | 1,416 | 2,640 | 37.3% |
Top Export Markets for Electric Rotary Converter from Norway in 2022:
- Sweden (46.0 units)
- Germany (34.0 units)
- United States (28.0 units)
- Singapore (22.0 units)
- Netherlands (10.0 units)
- Italy (4.0 units)
- Spain (4.0 units)
- Lithuania (3.0 units)
This report provides an in-depth analysis of the electric rotary converter 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 27113270 - Rotary converters
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
- 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
-
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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