Norway - Lifts And Hoists - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Norway - Lifts And Hoists - Market Analysis, Forecast, Size, Trends and Insights

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Lift and Hoist Price in Norway - 2023

Contents:

  1. Lift and Hoist Price in Norway (CIF) - 2022
  2. Lift and Hoist Price in Norway (FOB) - 2022
  3. Lift and Hoist Imports in Norway
  4. Lift and Hoist Exports in Norway

Lift and Hoist Price in Norway (CIF) - 2022

The average lift and hoist import price stood at $7,661 per unit in 2022, shrinking by -11.1% against the previous year. Overall, the import price recorded a pronounced shrinkage. The growth pace was the most rapid in 2021 an increase of 18%. Over the period under review, average import prices reached the peak figure at $11,841 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was France ($24,227 per unit), while the price for Canada ($863 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+0.5%), while the prices for the other major suppliers experienced a decline.

Lift and Hoist Price in Norway (FOB) - 2022

The average lift and hoist export price stood at $4,362 per unit in 2022, jumping by 17% against the previous year. In general, the export price showed a relatively flat trend pattern. The growth pace was the most rapid in 2015 an increase of 191%. As a result, the export price reached the peak level of $8,422 per unit. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Spain ($16,908 per unit), while the average price for exports to Curacao ($227 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 Spain (+27.3%), while the prices for the other major destinations experienced more modest paces of growth.

Lift and Hoist Imports in Norway

In 2022, the amount of lifts and hoists imported into Norway surged to 10K units, increasing by 22% against the previous year. The total import volume increased at an average annual rate of +8.8% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, lift and hoist imports expanded rapidly to $78M in 2022. The total import value increased at an average annual rate of +8.3% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 21% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in years to come.

Import of Lift and Hoist in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Finland8.59.08.212.012.2%
Spain7.38.911.712.018.0%
Slovakia6.39.010.210.016.7%
Sweden9.57.110.78.8-2.5%
Netherlands8.73.68.08.70.0%
Germany9.38.98.08.4-3.3%
China2.71.63.55.627.5%
Italy0.91.12.21.518.6%
Poland1.21.20.10.7-16.4%
Canada0.60.40.50.60.0%
Others6.08.58.79.516.6%
Total61.159.371.977.68.3%

Top Suppliers of Lift and Hoist to Norway in 2022:

  1. Netherlands (1868.0 units)
  2. China (1557.0 units)
  3. Finland (1236.0 units)
  4. Germany (1183.0 units)
  5. Sweden (735.0 units)
  6. Spain (733.0 units)
  7. Canada (669.0 units)
  8. Slovakia (519.0 units)
  9. Italy (416.0 units)
  10. Poland (183.0 units)

Lift and Hoist Exports in Norway

For the third year in a row, Norway recorded decline in shipments abroad of lifts and hoists, which decreased by -14.9% to 821 units in 2022. Over the period under review, exports saw a dramatic shrinkage. The smallest decline of -14.8% was in 2020. The exports peaked at 1.8K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, lift and hoist exports shrank modestly to $3.6M in 2022. In general, exports faced a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 with an increase of 22%. As a result, the exports reached the peak of $7.9M. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Lift and Hoist in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Kingdom16850.42.71,00281.4%
Netherlands1,7811,8681,670980-18.1%
Sweden14875553431929.2%
Poland48.179.613522066.0%
Iceland241N/A9.8128-19.0%
Italy63.01.962.336.2-16.9%
Germany17423711.234.5-41.7%
Azerbaijan0.6N/A17.028.4261.7%
HungaryN/AN/A8.216.398.8%
BahamasN/AN/AN/A10.40%
CuracaoN/AN/AN/A4.30%
United States22648.21.80.3-89.0%
Thailand1731,076N/AN/A522.0%
Others3,4203,7731,143802-38.3%
Total6,4437,8903,5953,581-17.8%

Top Export Markets for Lift and Hoist from Norway in 2022:

  1. United Kingdom (293.0 units)
  2. Netherlands (198.0 units)
  3. Azerbaijan (56.0 units)
  4. Sweden (45.0 units)
  5. Iceland (32.0 units)
  6. Italy (30.0 units)
  7. Poland (29.0 units)
  8. Curacao (19.0 units)
  9. Germany (15.0 units)
  10. Hungary (14.0 units)
  11. Bahamas (13.0 units)
  12. United States (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the lift and hoist 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 28221630 - Electrically operated lifts and skip hoists
  • Prodcom 28221650 - Lifts and skip hoists (excluding electrically operated)

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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