Norway - Indicator Panels Incorporating Liquid Crystal Devices (Lcd) Or Light Emitting Diodes (Led) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: May 1, 2024

Norway - Indicator Panels Incorporating Liquid Crystal Devices (Lcd) Or Light Emitting Diodes (Led) - Market Analysis, Forecast, Size, Trends and Insights

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Price for LCD or LED Indicator Panel in Norway - 2023

Contents:

  1. Price for LCD or LED Indicator Panel in Norway (CIF) - 2022
  2. Price for LCD or LED Indicator Panel in Norway (FOB) - 2022
  3. Imports of LCD or LED Indicator Panel in Norway
  4. Exports of LCD or LED Indicator Panel in Norway

Price for LCD or LED Indicator Panel in Norway (CIF) - 2022

The average import price for indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) stood at $7.2 per unit in 2022, dropping by -7.8% against the previous year. Over the period under review, import price indicated a moderate expansion from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, LCD or LED indicator panel import price increased by +67.7% against 2016 indices. The most prominent rate of growth was recorded in 2017 an increase of 34% against the previous year. Over the period under review, average import prices hit record highs at $7.8 per unit in 2021, and then dropped in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($63 per unit), while the price for France ($2.5 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+17.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for LCD or LED Indicator Panel in Norway (FOB) - 2022

The average export price for indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) stood at $14 per unit in 2022, with an increase of 77% against the previous year. Overall, the export price enjoyed prominent growth. The pace of growth appeared the most rapid in 2017 when the average export price increased by 87%. The export price peaked in 2022 and is likely to see gradual growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($26 per unit), while the average price for exports to Sweden ($4.5 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 Netherlands (+19.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of LCD or LED Indicator Panel in Norway

In 2022, supplies from abroad of indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) decreased by -26.9% to 4M units, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a drastic downturn. The pace of growth was the most pronounced in 2020 with an increase of 7.7%. As a result, imports attained the peak of 6.7M units. From 2021 to 2022, the growth of imports remained at a lower figure.

In value terms, LCD or LED indicator panel imports declined notably to $28M in 2022. Overall, imports showed a abrupt contraction. The smallest decline of -0.4% was in 2020. Imports peaked at $43M in 2019; however, from 2020 to 2022, imports failed to regain momentum.

Import of LCD or LED Indicator Panel in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China19.521.722.98.1-25.4%
United States8.16.45.66.4-7.6%
Sweden2.34.04.92.86.8%
Vietnam0.53.20.81.750.4%
Poland0.20.20.91.595.7%
Latvia1.20.50.91.57.7%
Germany1.00.91.41.13.2%
Taiwan (Chinese)0.90.60.61.03.6%
Netherlands0.60.70.60.914.5%
United Kingdom1.00.40.30.8-7.2%
Denmark1.81.11.20.7-27.0%
Finland1.50.30.50.3-41.5%
France0.31.50.20.30.0%
Others4.21.31.51.5-29.1%
Total42.942.742.228.5-12.7%

Top Suppliers of LCD or LED Indicator Panel to Norway in 2022:

  1. China (1921.8K units)
  2. Latvia (319.4K units)
  3. Poland (303.3K units)
  4. Sweden (296.0K units)
  5. Taiwan (Chinese) (144.3K units)
  6. France (114.9K units)
  7. Vietnam (111.0K units)
  8. United States (101.0K units)
  9. Germany (89.2K units)
  10. Netherlands (88.1K units)
  11. Denmark (79.5K units)
  12. United Kingdom (78.6K units)
  13. Finland (61.4K units)

Exports of LCD or LED Indicator Panel in Norway

In 2022, overseas shipments of indicator panels incorporating liquid crystal devices (LCD) or light emitting diodes (LCD) decreased by -25.2% to 371K units, falling for the second year in a row after two years of growth. Over the period under review, exports recorded a deep contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 44% against the previous year. As a result, the exports attained the peak of 692K units. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, LCD or LED indicator panel exports soared to $5.4M in 2022. Overall, total exports indicated a measured increase from 2019 to 2022: its value increased at an average annual rate of +3.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -25.3% against 2020 indices. The most prominent rate of growth was recorded in 2020 when exports increased by 50%. As a result, the exports reached the peak of $7.2M. From 2021 to 2022, the growth of the exports failed to regain momentum.

Export of LCD or LED Indicator Panel in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United States5342,4431,4793,52487.6%
Sweden2711,15570146419.6%
Denmark336145430231-11.7%
Germany2,087144101143-59.1%
United Kingdom57.856.353.212127.9%
Finland23057.795.692.4-26.2%
China46295.612884.2-43.3%
France15767956.470.1-23.6%
Poland55.118.233.052.8-1.4%
Qatar27.6N/A6.727.80.2%
Others5702,392959558-0.7%
Total4,7877,1854,0445,3683.9%

Top Export Markets for LCD or LED Indicator Panel from Norway in 2022:

  1. United States (148.6K units)
  2. Sweden (104.0K units)
  3. Denmark (25.7K units)
  4. Poland (11.8K units)
  5. Germany (11.2K units)
  6. France (8.5K units)
  7. Finland (7.9K units)
  8. United Kingdom (6.4K units)
  9. Qatar (6.1K units)
  10. China (5.8K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the market for lcd or led indicator panel 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 27902020 - Indicator panels incorporating liquid crystal display (LCD)
  • Prodcom 27902050 - Indicator panels incorporating light emitting diodes (LED)

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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Free Data: Indicator Panels Incorporating Liquid Crystal Devices (Lcd) Or Light Emitting Diodes (Led) - Norway