Norway - Percussion Musical Instruments - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPercussion Musical Instrument Price in Norway - 2023
Contents:
- Percussion Musical Instrument Price in Norway (CIF) - 2023
- Percussion Musical Instrument Price in Norway (FOB) - 2022
- Percussion Musical Instrument Imports in Norway
- Percussion Musical Instrument Exports in Norway
Percussion Musical Instrument Price in Norway (CIF) - 2023
The average percussion musical instrument import price stood at $50.8 per unit in September 2023, shrinking by -58.2% against the previous month. In general, the import price continues to indicate a deep slump. The pace of growth appeared the most rapid in August 2023 an increase of 92% month-to-month. The import price peaked at $128 per unit in December 2022; however, from January 2023 to September 2023, import prices stood at a somewhat lower figure.
Prices varied noticeably by the country of origin: the country with the highest price was Germany ($252 per unit), while the price for Hong Kong SAR ($6.9 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 Nepal (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.
Percussion Musical Instrument Price in Norway (FOB) - 2022
In 2022, the average percussion musical instrument export price amounted to $141 per unit, which is down by -18.5% against the previous year. Overall, the export price saw a mild slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by 258%. As a result, the export price attained the peak level of $586 per unit. From 2015 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 the UK ($361 per unit), while the average price for exports to Belgium ($26 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 Japan (+30.8%), while the prices for the other major destinations experienced mixed trend patterns.
Percussion Musical Instrument Imports in Norway
Percussion musical instrument imports into Norway reduced to 38K units in 2022, waning by -2.8% compared with the previous year's figure. In general, imports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 8.6%. As a result, imports attained the peak of 40K units, and then reduced modestly in the following year.
In value terms, percussion musical instrument imports expanded markedly to $3.8M in 2022. The total import value increased at an average annual rate of +9.1% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 15%. Imports peaked in 2022 and are likely to continue growth in years to come.
Import of Percussion Musical Instrument in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 688 | 660 | 874 | 886 | 8.8% |
Germany | 341 | 390 | 388 | 758 | 30.5% |
United States | 671 | 555 | 653 | 728 | 2.8% |
Taiwan (Chinese) | 186 | 157 | 212 | 251 | 10.5% |
Thailand | 152 | 138 | 152 | 177 | 5.2% |
France | 10.7 | 20.0 | 22.4 | 105 | 114.1% |
Indonesia | 30.6 | 33.1 | 44.9 | 63.3 | 27.4% |
Others | 827 | 957 | 1,003 | 807 | -0.8% |
Total | 2,905 | 2,911 | 3,350 | 3,776 | 9.1% |
Top Suppliers of Percussion Musical Instrument to Norway in 2022:
- China (10.7K units)
- United States (10.1K units)
- Thailand (4.3K units)
- France (3.2K units)
- Taiwan (Chinese) (2.7K units)
- Germany (2.7K units)
- Indonesia (1.2K units)
Percussion Musical Instrument Exports in Norway
For the fourth year in a row, Norway recorded growth in overseas shipments of percussion musical instruments, which increased by 100% to 374 units in 2022. Overall, exports saw a significant increase. The growth pace was the most rapid in 2021 with an increase of 234% against the previous year. The exports peaked in 2022 and are likely to see gradual growth in years to come.
In value terms, percussion musical instrument exports surged to $53K in 2022. Over the period under review, exports posted a significant expansion. The pace of growth was the most pronounced in 2021 with an increase of 112% against the previous year. The exports peaked in 2022 and are expected to retain growth in the near future.
Export of Percussion Musical Instrument in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 9.8 | 4.7 | 0.8 | 15.1 | 15.5% |
Germany | 0.1 | N/A | 10.5 | 12.1 | 394.6% |
Sweden | 0.3 | 0.9 | 7.2 | 9.7 | 218.6% |
United Kingdom | 0.8 | 2.4 | 5.8 | 4.3 | 75.2% |
Netherlands | N/A | 2.3 | 3.2 | 2.8 | 10.3% |
Denmark | 3.4 | N/A | N/A | 1.8 | -19.1% |
Australia | N/A | 1.1 | N/A | 1.7 | 24.3% |
Finland | 0.3 | 1.5 | 0.6 | 0.8 | 38.7% |
Japan | N/A | N/A | 0.7 | 0.8 | 14.3% |
Romania | N/A | N/A | N/A | 0.7 | 0% |
Switzerland | N/A | N/A | N/A | 0.6 | 0% |
Belgium | N/A | 0.9 | N/A | 0.4 | -33.3% |
Others | 0.6 | 1.6 | 3.4 | 1.9 | 46.8% |
Total | 15.3 | 15.3 | 32.4 | 52.8 | 51.1% |
Top Export Markets for Percussion Musical Instrument from Norway in 2022:
- United States (163.0 units)
- Sweden (58.0 units)
- Germany (42.0 units)
- Netherlands (23.0 units)
- Romania (15.0 units)
- Belgium (15.0 units)
- United Kingdom (12.0 units)
- Switzerland (9.0 units)
- Denmark (8.0 units)
- Finland (7.0 units)
- Japan (7.0 units)
- Australia (6.0 units)
This report provides an in-depth analysis of the percussion musical instrument 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 32201510 - Percussion musical instruments
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
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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
This report provides an in-depth analysis of the percussion musical instrument market in Norway.
This report provides an in-depth analysis of the global percussion musical instrument market.
This report provides an in-depth analysis of the percussion musical instrument market in Norway.
This report provides an in-depth analysis of the global percussion musical instrument market.
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