Norway - Pliers, Pincers And Tweezers For Nonmedical Use - Market Analysis, Forecast, Size, Trends And Insights
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View PricingPliers and Pincers Price in Norway - 2023
Contents:
- Pliers and Pincers Price in Norway (CIF) - 2023
- Pliers and Pincers Price in Norway (FOB) - 2023
- Pliers and Pincers Imports in Norway
- Pliers and Pincers Exports in Norway
Pliers and Pincers Price in Norway (CIF) - 2023
The average pliers and pincers import price stood at $22,459 per ton in September 2023, which is down by -36.9% against the previous month. Overall, the import price saw a perceptible decline. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 20% m-o-m. The import price peaked at $41,435 per ton in April 2023; however, from May 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was the United States ($122K per ton), while the price for China ($14,116 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the United States (+1.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Pliers and Pincers Price in Norway (FOB) - 2023
In September 2023, the average pliers and pincers export price amounted to $63,997 per ton, growing by 24% against the previous month. Overall, the export price posted a noticeable expansion. The pace of growth appeared the most rapid in March 2023 when the average export price increased by 171% against the previous month. Over the period under review, the average export prices reached the peak figure at $72,586 per ton in December 2022; however, from January 2023 to September 2023, the export prices failed to regain momentum.
There were significant differences in the average prices for the major export markets. In September 2023, the country with the highest price was the UK ($118K per ton), while the average price for exports to Angola ($12,827 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was recorded for supplies to Germany (+15.9%), while the prices for the other major destinations experienced more modest paces of growth.
Pliers and Pincers Imports in Norway
In 2022, approx. 403 tons of pliers, pincers and tweezers for nonmedical use were imported into Norway; falling by -4.7% against the previous year's figure. In general, imports saw a slight curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 8% against the previous year.
In value terms, pliers and pincers imports reduced to $13M in 2022. The total import value increased at an average annual rate of +1.8% from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of 15%. As a result, imports reached the peak of $14M, and then fell in the following year.
| Import of Pliers and Pincers in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 3.9 | 3.2 | 4.1 | 3.7 | -1.7% |
| Taiwan (Chinese) | 1.9 | 2.0 | 2.3 | 2.0 | 1.7% |
| China | 1.4 | 1.5 | 1.8 | 1.6 | 4.6% |
| United States | 0.8 | 1.0 | 1.1 | 1.0 | 7.7% |
| Sweden | 0.7 | 0.7 | 0.9 | 0.8 | 4.6% |
| Spain | 0.7 | 0.7 | 0.8 | 0.7 | 0.0% |
| Japan | 0.5 | 0.5 | 0.5 | 0.4 | -7.2% |
| France | 0.5 | 0.4 | 0.2 | 0.3 | -15.7% |
| Denmark | 0.2 | 0.3 | 0.3 | 0.2 | 0.0% |
| Others | 1.5 | 1.8 | 1.8 | 1.8 | 6.3% |
| Total | 12.0 | 12.0 | 13.7 | 12.7 | 1.9% |
Top Suppliers of Pliers and Pincers to Norway in 2022:
- Taiwan (Chinese) (108.6 tons)
- China (95.0 tons)
- Germany (77.5 tons)
- Spain (26.2 tons)
- Sweden (18.2 tons)
- Japan (10.1 tons)
- United States (9.7 tons)
- Denmark (7.8 tons)
- France (6.0 tons)
Pliers and Pincers Exports in Norway
For the third consecutive year, Norway recorded decline in shipments abroad of pliers, pincers and tweezers for nonmedical use, which decreased by -35% to 21 tons in 2022. Overall, exports continue to indicate a abrupt downturn. The smallest decline of -8% was in 2020.
In value terms, pliers and pincers exports fell modestly to $1.9M in 2022. The total export value increased at an average annual rate of +8.2% from 2019 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 24%.
| Export of Pliers and Pincers in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 1,000 | 1,124 | 1,312 | 1,237 | 7.3% |
| Germany | 150 | 117 | 96.8 | 112 | -9.3% |
| Angola | 0.8 | 4.1 | 110 | 104 | 406.6% |
| United Kingdom | 14.8 | 147 | 91.1 | 85.9 | 79.7% |
| Vietnam | 7.7 | 211 | 17.7 | 72.8 | 111.5% |
| Denmark | 50.3 | 82.4 | 64.3 | 60.6 | 6.4% |
| Netherlands | 18.0 | 4.8 | 53.6 | 50.5 | 41.0% |
| Others | 248 | 150 | 185 | 167 | -12.3% |
| Total | 1,489 | 1,841 | 1,932 | 1,889 | 8.3% |
Top Export Markets for Pliers and Pincers from Norway in 2022:
- Sweden (10.6 tons)
- Denmark (2.1 tons)
- Netherlands (1.6 tons)
- United Kingdom (1.6 tons)
- Germany (1.6 tons)
- Angola (1.5 tons)
- Vietnam (0.8 tons)
This report provides an in-depth analysis of the pliers and pincers 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 25733016 - Pliers, including cutting pliers, pincers and tweezers for nonmedical use and similar hand tools, of base metal
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
- 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
-
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
-
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
-
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
-
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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