Norway - Ships, Vessels, Ferry-Boats For The Transport Of Persons - Market Analysis, Forecast, Size, Trends and Insights
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View PricingShipping Price in Norway - 2023
Contents:
- Shipping Price in Norway (FOB) - 2022
- Shipping Price in Norway (CIF) - 2022
- Shipping Exports in Norway
- Shipping Imports in Norway
Shipping Price in Norway (FOB) - 2022
In 2022, the average shipping export price amounted to $722,804 per unit, waning by -43% against the previous year. Over the period under review, the export price faced a deep reduction. The most prominent rate of growth was recorded in 2017 an increase of 149%. The export price peaked at $5,057,096 per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied noticeably for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($728,706 per unit), while the average price for exports to Bermuda ($721,983 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 China (+37.8%), while the prices for the other major destinations experienced a decline.
Shipping Price in Norway (CIF) - 2022
The average shipping import price stood at $208,335 per unit in 2022, picking up by 102% against the previous year. Overall, the import price, however, recorded a dramatic curtailment. The pace of growth appeared the most rapid in 2015 when the average import price increased by 106% against the previous year. The import price peaked at $34,217,290 per unit in 2012; however, from 2013 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 Singapore ($1,083,015 per unit), while the price for Turkey ($118,532 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+15.6%), while the prices for the other major suppliers experienced mixed trend patterns.
Shipping Exports in Norway
In 2022, shipping exports from Norway contracted to 704 units, waning by -14.4% compared with 2021 figures. Over the period under review, exports, however, posted significant growth. The most prominent rate of growth was recorded in 2021 when exports increased by 378%. As a result, the exports attained the peak of 822 units, and then dropped in the following year.
In value terms, shipping exports fell notably to $509M in 2022. In general, exports recorded a perceptible decrease. The most prominent rate of growth was recorded in 2021 with an increase of 213%. As a result, the exports attained the peak of $1B, and then contracted notably in the following year.
| Export of Shipping in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Bermuda | N/A | N/A | 343 | 306 | -10.8% |
| United Kingdom | N/A | 1.4 | N/A | 180 | 1033.9% |
| Greece | N/A | N/A | N/A | 22.5 | 0% |
| Germany | 319 | N/A | 181 | N/A | -24.7% |
| Bahamas | N/A | N/A | 151 | N/A | 0% |
| France | 215 | 217 | 360 | N/A | 29.4% |
| United States | N/A | 113 | N/A | N/A | 0% |
| Others | 19.1 | 1.0 | 7.4 | 0.7 | -66.8% |
| Total | 554 | 333 | 1,042 | 509 | -2.8% |
Top Export Markets for Shipping from Norway in 2022:
- Bermuda (423.0 units)
- United Kingdom (247.0 units)
- Greece (31.0 units)
Shipping Imports in Norway
In 2022, the amount of ships, vessels, ferry-boats for the transport of persons imported into Norway plummeted to 324 units, with a decrease of -82.7% against 2021. In general, imports faced a sharp decline. The most prominent rate of growth was recorded in 2021 with an increase of 45%. As a result, imports reached the peak of 1.9K units, and then contracted significantly in the following year.
In value terms, shipping imports plummeted to $67M in 2022. Overall, imports showed a sharp decrease. The most prominent rate of growth was recorded in 2021 with an increase of 36%. As a result, imports reached the peak of $193M, and then dropped markedly in the following year.
| Import of Shipping in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Turkey | 154 | 79.6 | 170 | 34.7 | -39.1% |
| Singapore | N/A | N/A | N/A | 21.3 | 0% |
| Netherlands | N/A | N/A | 21.0 | 11.5 | -45.2% |
| Others | 1.1 | 62.4 | 2.3 | N/A | 44.6% |
| Total | 155 | 142 | 193 | 67.5 | -24.2% |
Top Suppliers of Shipping to Norway in 2022:
- Turkey (293.0 units)
- Singapore (20.0 units)
- Netherlands (12.0 units)
This report provides an in-depth analysis of the shipping 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 30112130 - Cruise vessels
- Prodcom 30112150 - Ferries
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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