Norway - Non-Household Ventilation Fans - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Household Fan Price in Norway - 2023
Contents:
- Non-Household Fan Price in Norway (CIF) - 2022
- Non-Household Fan Price in Norway (FOB) - 2022
- Non-Household Fan Imports in Norway
- Non-Household Fan Exports in Norway
Non-Household Fan Price in Norway (CIF) - 2022
In 2022, the average non-household fan import price amounted to $100 per unit, with a decrease of -24.3% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2016 an increase of 33% against the previous year. As a result, import price attained the peak level of $169 per unit. From 2017 to 2022, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Denmark ($465 per unit), while the price for Taiwan (Chinese) ($15 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ukraine (+6.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Household Fan Price in Norway (FOB) - 2022
The average non-household fan export price stood at $411 per unit in 2022, rising by 24% against the previous year. In general, the export price posted a moderate increase. The most prominent rate of growth was recorded in 2021 when the average export price increased by 68%. Over the period under review, the average export prices hit record highs at $689 per unit in 2014; however, from 2015 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 South Korea ($1,882 per unit), while the average price for exports to Belgium ($89 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 Sweden (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Household Fan Imports in Norway
Non-household fan imports into Norway rose rapidly to 535K units in 2022, picking up by 12% on 2021. Overall, total imports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +13.9% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.8% against 2019 indices. The most prominent rate of growth was recorded in 2021 with an increase of 21% against the previous year. Imports peaked in 2022 and are expected to retain growth in the immediate term.
In value terms, non-household fan imports contracted significantly to $54M in 2022. The total import value increased at an average annual rate of +3.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 when imports increased by 37% against the previous year. As a result, imports attained the peak of $64M, and then shrank significantly in the following year.
| Import of Non-Household Fan in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 13.0 | 12.6 | 15.5 | 16.4 | 8.1% |
| Sweden | 6.7 | 6.6 | 19.0 | 7.3 | 2.9% |
| China | 4.8 | 5.2 | 5.4 | 5.6 | 5.3% |
| Denmark | 7.2 | 7.5 | 7.2 | 4.5 | -14.5% |
| Italy | 1.4 | 1.2 | 1.4 | 1.8 | 8.7% |
| Hungary | 0.5 | 0.5 | 0.6 | 0.7 | 11.9% |
| Ukraine | 0.1 | 0.3 | 0.3 | 0.5 | 71.0% |
| Vietnam | 0.1 | 0.2 | 0.3 | 0.5 | 71.0% |
| Taiwan (Chinese) | 0.2 | 0.1 | 0.3 | 0.3 | 14.5% |
| Others | 15.3 | 12.0 | 13.5 | 15.8 | 1.1% |
| Total | 49.1 | 46.3 | 63.5 | 53.6 | 3.0% |
Top Suppliers of Non-Household Fan to Norway in 2022:
- China (294.1K units)
- Germany (46.4K units)
- Sweden (37.2K units)
- Hungary (35.8K units)
- Taiwan (Chinese) (23.2K units)
- Ukraine (19.1K units)
- Vietnam (14.4K units)
- Denmark (9.7K units)
- Italy (9.0K units)
Non-Household Fan Exports in Norway
In 2022, non-household fan exports from Norway expanded notably to 21K units, surging by 12% on 2021. The total export volume increased at an average annual rate of +5.1% from 2019 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The growth pace was the most rapid in 2020 with an increase of 16% against the previous year. The exports peaked in 2022 and are expected to retain growth in years to come.
In value terms, non-household fan exports surged to $8.7M in 2022. In general, exports continue to indicate a significant expansion. The pace of growth was the most pronounced in 2021 when exports increased by 50%. Over the period under review, the exports reached the maximum in 2022 and are expected to retain growth in years to come.
| Export of Non-Household Fan in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 151 | 328 | 526 | 1,131 | 95.7% |
| Denmark | 123 | 231 | 661 | 1,073 | 105.9% |
| Sweden | 385 | 671 | 735 | 792 | 27.2% |
| South Korea | 73.7 | 204 | 330 | 764 | 118.0% |
| Netherlands | 274 | 371 | 481 | 675 | 35.1% |
| United Kingdom | 175 | 113 | 224 | 612 | 51.8% |
| Poland | 113 | 38.7 | 186 | 219 | 24.7% |
| Lithuania | 88.5 | 54.1 | 77.7 | 196 | 30.3% |
| Belgium | 543 | 204 | 119 | 177 | -31.2% |
| Hong Kong SAR | 110 | N/A | 12.6 | 122 | 3.5% |
| Switzerland | 14.0 | 11.2 | 1.7 | 83.6 | 81.4% |
| Others | 2,665 | 1,929 | 2,898 | 2,887 | 2.7% |
| Total | 4,715 | 4,156 | 6,252 | 8,734 | 22.8% |
Top Export Markets for Non-Household Fan from Norway in 2022:
- Germany (4.4K units)
- Sweden (3.8K units)
- Denmark (3.0K units)
- Belgium (2.0K units)
- United Kingdom (1.6K units)
- Netherlands (1.2K units)
- Poland (0.8K units)
- Switzerland (0.7K units)
- Lithuania (0.4K units)
- South Korea (0.4K units)
- Hong Kong SAR (0.4K units)
This report provides an in-depth analysis of the non-household fan 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 28252030 - Axial fans (excluding table, floor, wall, window, ceiling or roof fans with a self-contained electric motor of an output . .125 W)
- Prodcom 28252050 - Centrifugal fans (excluding table, floor, wall, window, ceiling or roof fans with a self-contained electric motor of an output. .125 W)
- Prodcom 28252070 - Fans (excluding table, floor, wall, ceiling or roof fans with a self-contained electric motor of an output . .125 W, axial fans, c entrifugal fans)
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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