Norway - Refrigerated Vessels (Ships) - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Norway - Refrigerated Vessels (Ships) - Market Analysis, Forecast, Size, Trends and Insights

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Refrigerated Vessel Price in Norway - 2022

Contents:

  1. Refrigerated Vessel Price in Norway (CIF) - 2022
  2. Refrigerated Vessel Price in Norway (FOB) - 2022
  3. Refrigerated Vessel Imports in Norway
  4. Refrigerated Vessel Exports in Norway

Refrigerated Vessel Price in Norway (CIF) - 2022

In 2022, the average refrigerated vessel import price amounted to $3,771,816 per unit, shrinking by -13.6% against the previous year. In general, the import price continues to indicate a deep contraction. The most prominent rate of growth was recorded in 2016 when the average import price increased by 49% against the previous year. The import price peaked at $10,932,217 per unit in 2017; however, from 2018 to 2022, import prices failed to regain momentum.

As there is only one major supplying country, the average price level is determined by prices for Poland.

From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to -6.2% per year.

Refrigerated Vessel Price in Norway (FOB) - 2022

The average refrigerated vessel export price stood at $560,082 per unit in 2022, picking up by 50% against the previous year. Overall, the export price, however, showed a sharp reduction. The pace of growth appeared the most rapid in 2021 when the average export price increased by 1,866,808%. Over the period under review, the average export prices hit record highs at $8,744,594 per unit in 2015; however, from 2016 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Poland.

From 2012 to 2022, the rate of growth in terms of prices for Poland amounted to -22.5% per year.

Refrigerated Vessel Imports in Norway

After three years of growth, overseas purchases of refrigerated vessels (ships) decreased by 0% to 4 units in 2022. Overall, imports posted a significant expansion. The growth pace was the most rapid in 2021 with an increase of 100% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in the near future.

In value terms, refrigerated vessel imports declined to $15M in 2022. The total import value increased at an average annual rate of +5.9% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 37%. As a result, imports attained the peak of $17M, and then fell in the following year.

Import of Refrigerated Vessel in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland12.76.58.97.7-15.4%
OthersN/A6.28.67.49.2%
Total12.712.717.515.15.9%

Top Suppliers of Refrigerated Vessel to Norway in 2022:

  1. Poland (2.0 units)

Refrigerated Vessel Exports in Norway

In 2022, exports of refrigerated vessels (ships) from Norway reduced notably to 1 units, shrinking by -66.7% compared with 2021. Overall, exports recorded a dramatic curtailment. The most prominent rate of growth was recorded in 2021 with an increase of 200% against the previous year. As a result, the exports attained the peak of 3 units, and then contracted markedly in the following year.

In value terms, refrigerated vessel exports dropped rapidly to $560K in 2022. In general, exports showed a dramatic setback. The growth pace was the most rapid in 2021 with an increase of 5,600,625% against the previous year. Over the period under review, the exports attained the maximum at $6M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Export of Refrigerated Vessel in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland6.0N/A0.90.6-53.6%
RussiaN/AN/A0.2N/A0%
United StatesN/AN/AN/AN/A0%
OthersN/AN/AN/AN/A0%
Total6.0N/A1.10.6-53.6%

Top Export Markets for Refrigerated Vessel from Norway in 2022:

  1. Poland (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the refrigerated vessel 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 30112300 - Refrigerated vessels, except tankers

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: Refrigerated Vessels (Ships) - Norway