Report Update: May 1, 2024

Norway - Goods Vehicles, With Spark-Ignition Internal Combustion Piston Engine - Market Analysis, Forecast, Size, Trends And Insights

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Petroleum-Engine Cargo Trucks Price in Norway - 2023

Petroleum-Engine Cargo Trucks Price in Norway (CIF) - 2023

In September 2023, the average petroleum-engine cargo trucks import price amounted to $80,256 per unit, falling by -10.9% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.5%. The pace of growth appeared the most rapid in August 2023 when the average import price increased by 19% month-to-month. As a result, import price attained the peak level of $90,058 per unit, and then reduced in the following month.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($142K per unit), while the price for Poland ($45,471 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 Poland (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Petroleum-Engine Cargo Trucks Price in Norway (FOB) - 2022

In 2022, the average petroleum-engine cargo trucks export price amounted to $23,123 per unit, waning by -61.9% against the previous year. In general, the export price, however, showed a measured increase. The pace of growth was the most pronounced in 2018 an increase of 98%. As a result, the export price attained the peak level of $66,206 per unit. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($90,934 per unit), while the average price for exports to Burundi ($988 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 Slovenia (+119.6%), while the prices for the other major destinations experienced more modest paces of growth.

Petroleum-Engine Cargo Trucks Imports in Norway

In 2022, after three years of growth, there was significant decline in supplies from abroad of goods vehicles, with spark-ignition internal combustion piston engine, when their volume decreased by -63.7% to 588 units. Overall, imports showed a deep slump. The pace of growth was the most pronounced in 2021 with an increase of 65% against the previous year. As a result, imports reached the peak of 1.6K units, and then contracted notably in the following year.

In value terms, petroleum-engine cargo trucks imports fell notably to $38M in 2022. Over the period under review, imports saw a precipitous setback. The most prominent rate of growth was recorded in 2021 with an increase of 84% against the previous year. As a result, imports reached the peak of $190M, and then reduced sharply in the following year.

Import of Petroleum-Engine Cargo Trucks in Norway (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
United States	3.7	2.6	5.8	9.2	35.5%
Mexico	0.1	9.0	10.5	8.7	343.1%
Poland	8.6	7.3	8.6	7.3	-5.3%
Netherlands	1.2	0.4	0.3	6.1	71.9%
Thailand	N/A	N/A	N/A	2.1	0%
Sweden	1.7	1.7	23.7	1.1	-13.5%
Turkey	N/A	0.8	3.8	0.7	-6.5%
Spain	47.7	27.6	12.0	0.2	-83.9%
China	6.2	41.2	52.0	N/A	189.6%
France	20.4	9.5	53.2	N/A	61.5%
Others	2.4	3.1	20.0	2.3	-1.4%
Total	92.0	103	190	37.8	-25.7%

Top Suppliers of Petroleum-Engine Cargo Trucks to Norway in 2022:

Poland (165.0 units)
Mexico (145.0 units)
United States (122.0 units)
Netherlands (46.0 units)
Thailand (39.0 units)
Turkey (18.0 units)
Sweden (12.0 units)
Spain (1.0 units)

Petroleum-Engine Cargo Trucks Exports in Norway

In 2022, after three years of growth, there was significant decline in overseas shipments of goods vehicles, with spark-ignition internal combustion piston engine, when their volume decreased by -81.4% to 118 units. In general, exports, however, continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 765%. Over the period under review, the exports attained the maximum at 635 units in 2021, and then reduced notably in the following year.

In value terms, petroleum-engine cargo trucks exports declined notably to $2.7M in 2022. Overall, exports, however, recorded a remarkable increase. The pace of growth was the most pronounced in 2020 when exports increased by 1,116% against the previous year. Over the period under review, the exports attained the maximum at $39M in 2021, and then fell rapidly in the following year.

Export of Petroleum-Engine Cargo Trucks in Norway (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Netherlands	0.1	0.2	0.2	0.8	100.0%
Estonia	0.1	0.1	0.3	0.8	100.0%
United Kingdom	N/A	0.1	0.1	0.5	123.6%
Bolivia	N/A	N/A	N/A	0.2	0%
Poland	N/A	0.3	0.3	0.2	-18.4%
Bosnia and Herzegovina	N/A	N/A	N/A	0.1	0%
Benin	N/A	N/A	N/A	N/A	0%
Burundi	N/A	N/A	N/A	N/A	0%
Chile	N/A	N/A	N/A	N/A	0%
Sweden	0.6	6.7	14.3	N/A	388.2%
Serbia	N/A	N/A	N/A	N/A	0%
Denmark	0.3	4.1	16.8	N/A	648.3%
Others	1.2	16.2	6.6	0.1	-56.3%
Total	2.3	27.6	38.6	2.7	5.5%

Top Export Markets for Petroleum-Engine Cargo Trucks from Norway in 2022:

Estonia (29.0 units)
Netherlands (27.0 units)
Bolivia (24.0 units)
Poland (8.0 units)
Serbia (6.0 units)
United Kingdom (5.0 units)
Bosnia and Herzegovina (5.0 units)
Chile (4.0 units)
Burundi (2.0 units)
Benin (2.0 units)
Denmark (1.0 units)
Sweden (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the petroleum-engine cargo trucks 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 29104200 - Goods vehicles, with spark-ignition internal combustion piston engine, other goods vehicles, new

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