Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Norway - 2024

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Norway (CIF) - 2022
2. Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Norway (FOB) - 2022
3. Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Norway
4. Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Norway

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Norway (CIF) - 2022

The average import price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses stood at $2,169 per unit in 2022, declining by -13.5% against the previous year. Over the last decade, it increased at an average annual rate of +2.3%. The growth pace was the most rapid in 2014 an increase of 21%. The import price peaked at $2,813 per unit in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Sweden ($7,386 per unit), while the price for Switzerland ($1,161 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Norway (FOB) - 2022

The average export price for machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses stood at $264 per unit in 2022, shrinking by -45.5% against the previous year. In general, the export price recorded a dramatic descent. The pace of growth was the most pronounced in 2014 an increase of 268%. As a result, the export price attained the peak level of $3,643 per unit. From 2015 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($2,184 per unit), while the average price for exports to Bulgaria ($176 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 Switzerland (+356.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Norway

Imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses into Norway soared to 2.4K units in 2022, picking up by 18% against the previous year. Overall, total imports indicated a strong increase from 2019 to 2022: its volume increased at an average annual rate of +14.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +63.4% against 2020 indices. The growth pace was the most rapid in 2021 with an increase of 39%. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in years to come.

In value terms, imports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses rose slightly to $5.3M in 2022. The total import value increased at an average annual rate of +4.6% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 38% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices to Norway in 2022:

1. Italy (795.0 units)
2. Switzerland (536.0 units)
3. Poland (309.0 units)
4. Spain (156.0 units)
5. Germany (154.0 units)
6. United States (123.0 units)
7. Netherlands (91.0 units)
8. Austria (91.0 units)
9. United Kingdom (47.0 units)

Exports of Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices in Norway

In 2022, overseas shipments of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses decreased by -13.1% to 366 units, falling for the second consecutive year after two years of growth. In general, total exports indicated a resilient increase from 2019 to 2022: its volume increased at an average annual rate of +13.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports decreased by -19.2% against 2020 indices. The pace of growth appeared the most rapid in 2020 with an increase of 79% against the previous year. As a result, the exports reached the peak of 453 units. From 2021 to 2022, the growth of the exports of failed to regain momentum.

In value terms, exports of machines; automatic beverage-vending machines, incorporating heating or refrigerating deviceses contracted notably to $97K in 2022. Overall, exports, however, saw a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 203%. The exports peaked at $204K in 2021, and then fell notably in the following year.

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Incorporating Heating or Refrigerating Devices from Norway in 2022:

1. Bulgaria (339.0 units)
2. Netherlands (18.0 units)
3. Sweden (1.0 units)

Source: IndexBox Market Intelligence Platform