Norway - Tools For Working In The Hand, Pneumatic, Hydraulic Or With Self-Contained Non-Electric Motor - Market Analysis, Forecast, Size, Trends and Insights
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View PricingPrice for Pneumatic or Hydraulic Hand Tool in Norway - 2023
Contents:
- Price for Pneumatic or Hydraulic Hand Tool in Norway (CIF) - 2022
- Price for Pneumatic or Hydraulic Hand Tool in Norway (FOB) - 2022
- Imports of Pneumatic or Hydraulic Hand Tool in Norway
- Exports of Pneumatic or Hydraulic Hand Tool in Norway
Price for Pneumatic or Hydraulic Hand Tool in Norway (CIF) - 2022
In 2022, the average import price for pneumatic or hydraulic hand tools amounted to $153 per unit, flattening at the previous year. Overall, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 an increase of 21% against the previous year. Over the period under review, average import prices reached the maximum at $161 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 Denmark ($403 per unit), while the price for Lithuania ($63 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+10.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Price for Pneumatic or Hydraulic Hand Tool in Norway (FOB) - 2022
In 2022, the average export price for pneumatic or hydraulic hand tools amounted to $231 per unit, surging by 17% against the previous year. Overall, export price indicated a perceptible expansion from 2012 to 2022: its price increased at an average annual rate of +3.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2018 when the average export price increased by 39%. The export price peaked in 2022 and is expected to retain growth in the immediate term.
There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($775 per unit), while the average price for exports to Austria ($7.1 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 Germany (+11.5%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Pneumatic or Hydraulic Hand Tool in Norway
In 2022, after three years of growth, there was significant decline in supplies from abroad of pneumatic or hydraulic hand tools, when their volume decreased by -5.4% to 289K units. The total import volume increased at an average annual rate of +9.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 23%. Imports peaked at 306K units in 2021, and then shrank in the following year.
In value terms, pneumatic or hydraulic hand tool imports fell to $44M in 2022. The total import value increased at an average annual rate of +7.5% over the period from 2019 to 2022; however, 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 20%. As a result, imports reached the peak of $46M, and then shrank modestly in the following year.
| Import of Pneumatic or Hydraulic Hand Tool in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 4.9 | 6.5 | 8.8 | 8.0 | 17.8% |
| Sweden | 8.5 | 8.1 | 9.2 | 6.9 | -6.7% |
| Germany | 6.3 | 7.1 | 7.7 | 6.8 | 2.6% |
| United States | 3.3 | 3.4 | 4.9 | 4.2 | 8.4% |
| Denmark | 1.2 | 1.5 | 2.2 | 4.1 | 50.6% |
| Taiwan (Chinese) | 4.1 | 4.1 | 4.5 | 3.3 | -7.0% |
| United Kingdom | 1.5 | 1.9 | 1.7 | 2.1 | 11.9% |
| Japan | 1.4 | 1.3 | 1.5 | 1.8 | 8.7% |
| Poland | 0.1 | 0.1 | 0.3 | 1.7 | 157.1% |
| Lithuania | N/A | N/A | 0.2 | 0.6 | 200.0% |
| Others | 4.3 | 4.5 | 5.2 | 4.6 | 2.3% |
| Total | 35.5 | 38.6 | 46.3 | 44.1 | 7.5% |
Top Suppliers of Pneumatic or Hydraulic Hand Tool to Norway in 2022:
- China (117.7K units)
- Germany (32.4K units)
- Sweden (31.2K units)
- Taiwan (Chinese) (27.1K units)
- United States (13.0K units)
- Poland (12.3K units)
- Denmark (10.1K units)
- Lithuania (9.1K units)
- United Kingdom (8.4K units)
- Japan (8.0K units)
Exports of Pneumatic or Hydraulic Hand Tool in Norway
In 2022, the amount of pneumatic or hydraulic hand tools exported from Norway skyrocketed to 35K units, rising by 30% against 2021. The total export volume increased at an average annual rate of +9.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, pneumatic or hydraulic hand tool exports skyrocketed to $8.1M in 2022. Over the period under review, total exports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +9.9% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +61.2% against 2020 indices. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
| Export of Pneumatic or Hydraulic Hand Tool in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 644 | 1,266 | 997 | 2,937 | 65.8% |
| Sweden | 1,204 | 1,139 | 1,300 | 1,385 | 4.8% |
| United Kingdom | 763 | 434 | 359 | 615 | -6.9% |
| Germany | 40.2 | 95.9 | 49.0 | 363 | 108.2% |
| Finland | 439 | 389 | 548 | 361 | -6.3% |
| Singapore | 121 | 123 | 47.9 | 161 | 10.0% |
| Poland | 102 | 125 | 75.4 | 91.4 | -3.6% |
| Austria | 8.4 | 5.4 | N/A | 71.9 | 104.6% |
| Others | 2,765 | 1,434 | 1,915 | 2,093 | -8.9% |
| Total | 6,087 | 5,010 | 5,291 | 8,077 | 9.9% |
Top Export Markets for Pneumatic or Hydraulic Hand Tool from Norway in 2022:
- Sweden (11.0K units)
- Austria (10.1K units)
- Denmark (4.0K units)
- Finland (3.1K units)
- Poland (1.2K units)
- Germany (0.9K units)
- United Kingdom (0.8K units)
- Singapore (0.7K units)
This report provides an in-depth analysis of the market for pneumatic or hydraulic hand tool 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 28241240 - Tools for working in the hand, pneumatic, including combined rotary-percussion
- Prodcom 28241260 - Chainsaws with a self-contained non-electric motor
- Prodcom 28241280 - Handtools, hydraulic or with a self-contained non-electric motor (excluding chainsaws)
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
-
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
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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
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