Report Update: May 1, 2024

Norway - Self-Propelled Boring Or Sinking Machinery - Market Analysis, Forecast, Size, Trends And Insights

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Self-Propelled Boring Machinery Price in Norway - 2023

Self-Propelled Boring Machinery Price in Norway (CIF) - 2022

The average self-propelled boring machinery import price stood at $125,219 per unit in 2022, growing by 13% against the previous year. In general, the import price, however, recorded a abrupt contraction. The pace of growth was the most pronounced in 2018 when the average import price increased by 53%. Over the period under review, average import prices hit record highs at $240,435 per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

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 ($351,421 per unit), while the price for Singapore ($494 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+16.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Self-Propelled Boring Machinery Price in Norway (FOB) - 2022

The average self-propelled boring machinery export price stood at $126,797 per unit in 2022, shrinking by -1.5% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 an increase of 29% against the previous year. The export price peaked at $158,703 per unit in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($313,490 per unit), while the average price for exports to Bosnia and Herzegovina ($18,535 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 Bosnia and Herzegovina (+76.0%), while the prices for the other major destinations experienced more modest paces of growth.

Self-Propelled Boring Machinery Imports in Norway

In 2022, after three years of growth, there was significant decline in purchases abroad of self-propelled boring or sinking machinery, when their volume decreased by -9.7% to 234 units. In general, total imports indicated a prominent expansion from 2019 to 2022: its volume increased at an average annual rate of +18.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 69%. Over the period under review, imports hit record highs at 259 units in 2021, and then contracted in the following year.

In value terms, self-propelled boring machinery imports rose to $29M in 2022. Over the period under review, imports continue to indicate a slight downturn. Over the period under review, imports reached the peak figure at $31M in 2019; however, from 2020 to 2022, imports remained at a lower figure.

Import of Self-Propelled Boring Machinery in Norway (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Finland	11.8	9.6	9.9	12.0	0.6%
Sweden	14.7	16.2	12.7	10.8	-9.8%
Netherlands	0.7	N/A	N/A	2.8	58.7%
Germany	1.4	N/A	3.1	1.4	0.0%
Denmark	0.1	0.8	N/A	0.7	91.3%
United Kingdom	0.1	0.1	0.2	0.4	58.7%
France	N/A	N/A	N/A	0.3	0%
South Korea	N/A	N/A	0.6	N/A	0%
Iceland	N/A	0.6	N/A	N/A	0%
Singapore	N/A	1.9	N/A	N/A	0%
Others	2.2	0.9	2.1	0.9	-25.8%
Total	31.1	30.0	28.6	29.3	-2.0%

Top Suppliers of Self-Propelled Boring Machinery to Norway in 2022:

Denmark (73.0 units)
Sweden (49.0 units)
Finland (41.0 units)
Netherlands (40.0 units)
United Kingdom (8.0 units)
Singapore (4.0 units)
France (4.0 units)
Germany (4.0 units)

Self-Propelled Boring Machinery Exports in Norway

In 2022, self-propelled boring machinery exports from Norway skyrocketed to 122 units, surging by 36% against 2021. In general, total exports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +16.6% 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 +58.4% against 2019 indices. The pace of growth was the most pronounced in 2020 with an increase of 57%. The exports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, self-propelled boring machinery exports skyrocketed to $15M in 2022. Overall, total exports indicated a significant increase from 2019 to 2022: its value increased at an average annual rate of +25.3% 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 +96.7% against 2019 indices. The most prominent rate of growth was recorded in 2020 with an increase of 53% against the previous year. Over the period under review, the exports reached the maximum in 2022 and are likely to see steady growth in the near future.

Export of Self-Propelled Boring Machinery in Norway (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sweden	3.9	7.7	8.1	6.9	20.9%
Netherlands	0.2	0.3	N/A	2.8	141.0%
Finland	0.6	1.2	0.5	2.0	49.4%
Switzerland	0.3	0.1	N/A	0.7	32.6%
Australia	N/A	N/A	N/A	0.5	0%
Poland	0.4	0.1	0.1	0.5	7.7%
Italy	N/A	0.2	0.6	0.4	41.4%
Spain	0.2	0.8	0.1	0.2	0.0%
Iceland	N/A	0.2	N/A	0.1	-29.3%
Slovenia	N/A	N/A	N/A	0.1	0%
Albania	N/A	N/A	N/A	0.1	0%
Bosnia and Herzegovina	N/A	N/A	N/A	N/A	0%
United Kingdom	0.7	0.4	0.1	N/A	-62.2%
Others	1.5	0.9	2.1	1.1	-9.8%
Total	7.9	12.1	11.6	15.5	25.2%

Top Export Markets for Self-Propelled Boring Machinery from Norway in 2022:

Sweden (42.0 units)
Italy (20.0 units)
Finland (20.0 units)
Netherlands (9.0 units)
Poland (3.0 units)
Australia (2.0 units)
Iceland (2.0 units)
Slovenia (2.0 units)
Bosnia and Herzegovina (2.0 units)
Albania (2.0 units)
Spain (2.0 units)
United Kingdom (1.0 units)
Switzerland (1.0 units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the self-propelled boring machinery 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 28921253 - Self-propelled boring or sinking machinery

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.

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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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