Norway - Ride-On Compaction Equipment - Market Analysis, Forecast, Size, Trends And Insights
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View PricingRide-On Compaction Equipment Price in Norway - 2023
Contents:
- Ride-On Compaction Equipment Price in Norway (CIF) - 2022
- Ride-On Compaction Equipment Price in Norway (FOB) - 2022
- Ride-On Compaction Equipment Imports in Norway
- Ride-On Compaction Equipment Exports in Norway
Ride-On Compaction Equipment Price in Norway (CIF) - 2022
The average ride-on compaction equipment import price stood at $37,540 per unit in 2022, reducing by -2.7% against the previous year. Overall, the import price saw a slight curtailment. The growth pace was the most rapid in 2021 an increase of 112%. The import price peaked at $59,713 per unit in 2014; however, from 2015 to 2022, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($44,948 per unit), while the price for Italy ($16,102 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+18.3%), while the prices for the other major suppliers experienced mixed trend patterns.
Ride-On Compaction Equipment Price in Norway (FOB) - 2022
The average ride-on compaction equipment export price stood at $25,174 per unit in 2022, approximately equating the previous year. Over the last decade, it increased at an average annual rate of +3.0%. The most prominent rate of growth was recorded in 2014 an increase of 31% against the previous year. Over the period under review, the average export prices reached the maximum at $28,954 per unit in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.
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 Denmark ($54,338 per unit), while the average price for exports to Bosnia and Herzegovina ($2,903 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 Denmark (+61.8%), while the prices for the other major destinations experienced more modest paces of growth.
Ride-On Compaction Equipment Imports in Norway
In 2022, after two years of decline, there was significant growth in supplies from abroad of ride-on compaction equipment, when their volume increased by 17% to 380 units. Over the period under review, imports, however, recorded a sharp downturn. Imports peaked at 822 units in 2019; however, from 2020 to 2022, imports failed to regain momentum.
In value terms, ride-on compaction equipment imports expanded rapidly to $14M in 2022. Overall, imports, however, recorded a mild downturn. The pace of growth was the most pronounced in 2021 when imports increased by 41%. Imports peaked at $15M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Ride-On Compaction Equipment in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 9.0 | 5.0 | 9.0 | 12.2 | 10.7% |
| China | 1.6 | 1.4 | 1.5 | 1.4 | -4.4% |
| Italy | 0.6 | 0.2 | 0.1 | 0.2 | -30.7% |
| Sweden | 0.9 | 0.3 | 0.8 | 0.2 | -39.4% |
| Bulgaria | 0.9 | 1.1 | 0.5 | N/A | -25.5% |
| Others | 1.8 | 0.9 | 0.6 | 0.2 | -51.9% |
| Total | 14.9 | 8.9 | 12.6 | 14.3 | -1.4% |
Top Suppliers of Ride-On Compaction Equipment to Norway in 2022:
- Germany (271.0 units)
- China (74.0 units)
- Italy (15.0 units)
- Sweden (7.0 units)
- Bulgaria (3.0 units)
Ride-On Compaction Equipment Exports in Norway
Ride-on compaction equipment exports from Norway surged to 81 units in 2022, increasing by 29% against 2021 figures. In general, exports, however, saw a slight shrinkage. Over the period under review, the exports reached the peak figure at 97 units in 2020; however, from 2021 to 2022, the exports remained at a lower figure.
In value terms, ride-on compaction equipment exports surged to $2M in 2022. The total export value increased at an average annual rate of +5.8% over the period from 2019 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Ride-On Compaction Equipment in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Netherlands | 134 | 197 | 391 | 586 | 63.5% |
| Sweden | 389 | 441 | 531 | 429 | 3.3% |
| Denmark | 262 | 74.1 | 111 | 272 | 1.3% |
| Poland | 372 | 206 | 92.5 | 253 | -12.1% |
| Czech Republic | N/A | N/A | 3.9 | 70.8 | 1715.4% |
| Latvia | 46.1 | 24.5 | 6.6 | 60.7 | 9.6% |
| Germany | 49.7 | 119 | N/A | 59.0 | 5.9% |
| Bosnia and Herzegovina | 6.5 | 23.1 | 9.2 | 20.3 | 46.2% |
| Iceland | N/A | 90.2 | N/A | 18.6 | -54.6% |
| Lithuania | 56.0 | 116 | 107 | 0.5 | -79.3% |
| United States | N/A | 80.5 | 94.4 | N/A | 17.3% |
| Others | 404 | 513 | 240 | 270 | -12.6% |
| Total | 1,720 | 1,884 | 1,586 | 2,039 | 5.8% |
Top Export Markets for Ride-On Compaction Equipment from Norway in 2022:
- Netherlands (18.0 units)
- Poland (16.0 units)
- Sweden (10.0 units)
- Bosnia and Herzegovina (7.0 units)
- Czech Republic (5.0 units)
- Denmark (5.0 units)
- Iceland (4.0 units)
- Latvia (3.0 units)
- Germany (3.0 units)
- Lithuania (1.0 units)
This report provides an in-depth analysis of the ride-on compaction equipment 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 28922400 - Ride-on compaction equipment and the like
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
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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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