Report Update: May 1, 2024

Norway - Motor Vehicles Compression-Ignition Internal Combustion Piston Engines - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Internal Combustion Engines Price in Norway - 2023

Internal Combustion Engines Price in Norway (CIF) - 2023

The average internal combustion engines import price stood at $5,505 per unit in September 2023, which is down by -40.4% against the previous month. Over the period under review, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in July 2023 when the average import price increased by 112% month-to-month. Over the period under review, average import prices hit record highs at $10,327 per unit in February 2023; afterwards, it flattened through to September 2023.

Prices varied noticeably by the country of origin: the country with the highest price was Sweden ($15,497 per unit), while the price for the UK ($2,785 per unit) was amongst the lowest.

From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Lithuania (+8.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Internal Combustion Engines Price in Norway (FOB) - 2022

The average internal combustion engines export price stood at $769 per unit in 2022, growing by 6.2% against the previous year. Overall, the export price, however, saw a abrupt decrease. The pace of growth was the most pronounced in 2018 when the average export price increased by 106%. Over the period under review, the average export prices attained the maximum at $1,932 per unit in 2012; however, from 2013 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 Germany ($4,371 per unit), while the average price for exports to Cameroon ($76 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 France (+15.2%), while the prices for the other major destinations experienced more modest paces of growth.

Internal Combustion Engines Imports in Norway

In 2022, the amount of motor vehicles compression-ignition internal combustion piston engines imported into Norway rose slightly to 2.5K units, picking up by 4.7% on the year before. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +11.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports decreased by -9.5% against 2020 indices. The most prominent rate of growth was recorded in 2020 when imports increased by 55% against the previous year. As a result, imports attained the peak of 2.8K units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, internal combustion engines imports declined slightly to $16M in 2022. The total import value increased at an average annual rate of +9.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 with an increase of 38%. As a result, imports attained the peak of $16M. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

Import of Internal Combustion Engines in Norway (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sweden	3.7	3.6	5.0	5.8	16.2%
Germany	5.1	4.8	5.5	5.2	0.6%
Netherlands	0.5	0.5	1.0	1.0	26.0%
France	1.0	0.8	1.2	0.9	-3.5%
United Kingdom	0.3	0.6	0.9	0.9	44.2%
Poland	0.3	0.3	0.3	0.4	10.1%
Italy	0.2	0.1	0.2	0.3	14.5%
Lithuania	0.1	0.1	0.2	0.2	26.0%
Japan	0.2	0.1	0.4	0.1	-20.6%
Others	0.6	5.6	1.3	0.7	5.3%
Total	11.9	16.4	16.0	15.6	9.4%

Top Suppliers of Internal Combustion Engines to Norway in 2022:

Germany (823.0 units)
Sweden (392.0 units)
United Kingdom (382.0 units)
Netherlands (309.0 units)
France (129.0 units)
Poland (122.0 units)
Lithuania (117.0 units)
Italy (56.0 units)
Japan (20.0 units)

Internal Combustion Engines Exports in Norway

In 2022, after three years of growth, there was significant decline in shipments abroad of motor vehicles compression-ignition internal combustion piston engines, when their volume decreased by -6.7% to 4.9K units. In general, exports, however, recorded a significant increase. The most prominent rate of growth was recorded in 2021 with an increase of 85% against the previous year. As a result, the exports attained the peak of 5.2K units, and then contracted in the following year.

In value terms, internal combustion engines exports fell to $3.7M in 2022. Over the period under review, exports, however, saw significant growth. The growth pace was the most rapid in 2021 when exports increased by 55% against the previous year. As a result, the exports attained the peak of $3.8M, leveling off in the following year.

Export of Internal Combustion Engines in Norway (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Germany	664	775	296	1,272	24.2%
Sweden	588	696	545	477	-6.7%
France	117	117	1,408	448	56.4%
Nigeria	46.5	90.1	311	281	82.1%
Lithuania	44.5	89.9	119	209	67.5%
Netherlands	18.0	35.0	34.1	154	104.5%
Qatar	N/A	N/A	N/A	56.0	0%
United Kingdom	5.8	14.2	205	49.0	103.7%
Ghana	42.6	39.8	61.0	41.5	-0.9%
Gambia	6.8	48.0	60.3	41.1	82.2%
Guinea	1.1	4.2	18.7	17.5	151.5%
United Arab Emirates	N/A	N/A	N/A	12.5	0%
Cameroon	7.3	10.6	22.5	10.4	12.5%
Others	270	507	691	668	35.3%
Total	1,811	2,427	3,773	3,737	27.3%

Top Export Markets for Internal Combustion Engines from Norway in 2022:

Nigeria (2101.0 units)
Lithuania (658.0 units)
France (341.0 units)
Germany (291.0 units)
Sweden (238.0 units)
Gambia (184.0 units)
United Arab Emirates (140.0 units)
Cameroon (136.0 units)
Ghana (113.0 units)
Qatar (104.0 units)
United Kingdom (87.0 units)
Netherlands (85.0 units)
Guinea (78.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the internal combustion engines 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 29101300 - Vehicle compression-ignition internal combustion piston engines (diesel or semi-diesel) (excluding for railway or tramway rolling stock)

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