Norway - Mobile Phones - Market Analysis, Forecast, Size, Trends And Insights
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View PricingMobile Phone Price in Norway - 2023
Contents:
- Mobile Phone Price in Norway (CIF) - 2023
- Mobile Phone Price in Norway (FOB) - 2022
- Mobile Phone Imports in Norway
- Mobile Phone Exports in Norway
Mobile Phone Price in Norway (CIF) - 2023
The average mobile phone import price stood at $544 per unit in August 2023, shrinking by -1.7% against the previous month. Overall, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in January 2023 when the average import price increased by 12% m-o-m. As a result, import price reached the peak level of $647 per unit. From February 2023 to August 2023, the average import prices remained at a lower figure.
Average prices varied noticeably amongst the major supplying countries. In August 2023, the country with the highest price was India ($607 per unit), while the price for Vietnam ($539 per unit) was amongst the lowest.
From September 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+0.7%), while the prices for the other major suppliers experienced a decline.
Mobile Phone Price in Norway (FOB) - 2022
In 2022, the average mobile phone export price amounted to $312 per unit, picking up by 32% against the previous year. Overall, export price indicated pronounced growth from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, mobile phone export price increased by +72.5% against 2019 indices. The growth pace was the most rapid in 2013 when the average export price increased by 62% against the previous year. The export price peaked at $353 per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
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 Denmark ($478 per unit), while the average price for exports to Romania ($238 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 the UK (+19.5%), while the prices for the other major destinations experienced more modest paces of growth.
Mobile Phone Imports in Norway
In 2022, the amount of mobile phones imported into Norway contracted to 1.9M units, waning by -8.4% on 2021 figures. Over the period under review, imports recorded a pronounced contraction. The growth pace was the most rapid in 2021 with an increase of 2%. Over the period under review, imports reached the maximum at 2.1M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.
In value terms, mobile phone imports fell to $1.1B in 2022. Overall, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year. As a result, imports reached the peak of $1.2B, and then reduced in the following year.
Import of Mobile Phone in Norway (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 816 | 796 | 934 | 791 | -1.0% |
Vietnam | 180 | 192 | 212 | 249 | 11.4% |
India | N/A | 0.7 | 5.3 | 22.7 | 469.5% |
South Korea | 70.3 | 13.2 | 9.9 | 3.2 | -64.3% |
Others | 28.3 | 28.4 | 35.2 | 31.4 | 3.5% |
Total | 1,095 | 1,030 | 1,197 | 1,098 | 0.1% |
Top Suppliers of Mobile Phone to Norway in 2022:
- China (1285.3K units)
- Vietnam (459.8K units)
- India (34.9K units)
- South Korea (11.3K units)
Mobile Phone Exports in Norway
In 2022, overseas shipments of mobile phones decreased by -16.1% to 256K units, falling for the second consecutive year after two years of growth. In general, exports saw a deep slump. The pace of growth was the most pronounced in 2020 when exports increased by 5.5%. As a result, the exports reached the peak of 334K units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.
In value terms, mobile phone exports expanded remarkably to $80M in 2022. The total export value increased at an average annual rate of +11.7% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 13% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in years to come.
Export of Mobile Phone in Norway (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 27.5 | 27.6 | 23.5 | 32.0 | 5.2% |
Estonia | 9.7 | 11.4 | 24.7 | 25.0 | 37.1% |
Netherlands | 6.5 | 9.3 | 9.3 | 10.9 | 18.8% |
Denmark | 1.8 | 5.6 | 0.3 | 3.3 | 22.4% |
Finland | 0.5 | 2.1 | 3.7 | 1.7 | 50.4% |
United Kingdom | 2.8 | 2.2 | 2.0 | 1.4 | -20.6% |
Romania | 4.2 | 3.0 | 4.3 | 0.9 | -40.2% |
Others | 4.1 | 3.5 | 4.1 | 4.5 | 3.2% |
Total | 57.1 | 64.6 | 71.8 | 79.6 | 11.7% |
Top Export Markets for Mobile Phone from Norway in 2022:
- Estonia (95.4K units)
- Sweden (82.8K units)
- Netherlands (45.1K units)
- Denmark (6.9K units)
- United Kingdom (5.5K units)
- Finland (4.1K units)
- Romania (3.9K units)
This report provides an in-depth analysis of the mobile phone 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 26302200 - Telephones for cellular networks or for other wireless networks
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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In 2016, approx. X tons of telephone were imported worldwide- picking up by X% against the previous year figure. Overall, telephone imports continue to indicate a strong growth. The pace of grow...
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