Norway - Steam Turbines and Other Vapor Turbines - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSteam Turbine Price in Norway - 2023
Contents:
- Steam Turbine Price in Norway (FOB) - 2022
- Steam Turbine Price in Norway (CIF) - 2022
- Steam Turbine Exports in Norway
- Steam Turbine Imports in Norway
Steam Turbine Price in Norway (FOB) - 2022
The average steam turbine export price stood at $11,480 per unit in 2022, surging by 6.9% against the previous year. In general, the export price, however, showed a abrupt decrease. The pace of growth was the most pronounced in 2014 an increase of 274%. As a result, the export price attained the peak level of $226,949 per unit. From 2015 to 2022, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($23,527 per unit), while the average price for exports to Germany ($151 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 (+42.2%), while the prices for the other major destinations experienced a decline.
Steam Turbine Price in Norway (CIF) - 2022
In 2022, the average steam turbine import price amounted to $56,464 per unit, rising by 3,602% against the previous year. Overall, the import price, however, showed a perceptible slump. Over the period under review, average import prices hit record highs at $137,887 per unit in 2014; however, from 2015 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 Germany ($465,458 per unit), while the price for Denmark ($469 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+12.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Steam Turbine Exports in Norway
In 2022, shipments abroad of steam turbines and other vapor turbines decreased by -12.2% to 36 units for the first time since 2018, thus ending a three-year rising trend. In general, total exports indicated buoyant growth from 2019 to 2022: its volume increased at an average annual rate of +10.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +33.3% against 2019 indices. The most prominent rate of growth was recorded in 2021 when exports increased by 28% against the previous year. As a result, the exports attained the peak of 41 units, and then contracted in the following year.
In value terms, steam turbine exports fell to $413K in 2022. Overall, exports showed a deep downturn. The smallest decline of -5% was in 2021. Over the period under review, the exports hit record highs at $734K in 2019; however, from 2020 to 2022, the exports failed to regain momentum.
| Export of Steam Turbine in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| United Kingdom | 106 | 252 | 195 | 380 | 53.0% |
| Denmark | 11.7 | 34.3 | 17.4 | 23.5 | 26.2% |
| Sweden | 29.4 | 43.8 | 23.2 | 5.3 | -43.5% |
| Netherlands | 2.2 | 5.4 | 2.4 | 2.9 | 9.6% |
| France | N/A | N/A | N/A | 0.7 | 0% |
| Germany | 357 | 74.3 | 70.9 | 0.2 | -91.8% |
| Poland | 6.0 | N/A | N/A | N/A | 0% |
| United States | 111 | 0.5 | 3.1 | N/A | -83.3% |
| Others | 110 | 53.2 | 128 | 0.8 | -80.6% |
| Total | 734 | 464 | 440 | 413 | -17.4% |
Top Export Markets for Steam Turbine from Norway in 2022:
- United Kingdom (27.0 units)
- Sweden (2.0 units)
- Netherlands (1.0 units)
- Denmark (1.0 units)
- France (1.0 units)
- Germany (1.0 units)
Steam Turbine Imports in Norway
In 2022, purchases abroad of steam turbines and other vapor turbines decreased by -44.7% to 21 units, falling for the second year in a row after two years of growth. Over the period under review, imports faced a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 292%. As a result, imports reached the peak of 149 units. From 2021 to 2022, the growth of imports remained at a lower figure.
In value terms, steam turbine imports surged to $1.2M in 2022. Overall, imports, however, continue to indicate a strong increase. Over the period under review, imports reached the peak figure at $6.1M in 2020; however, from 2021 to 2022, imports remained at a lower figure.
| Import of Steam Turbine in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 285 | 5,713 | 45.7 | 931 | 48.4% |
| Ireland | N/A | N/A | N/A | 181 | 0% |
| China | 0.4 | 21.9 | 0.3 | 31.0 | 326.4% |
| Poland | N/A | 1.5 | 0.1 | 26.2 | 317.9% |
| Italy | 36.1 | 2.4 | 0.2 | 5.7 | -46.0% |
| Lithuania | N/A | N/A | N/A | 3.6 | 0% |
| Sweden | 56.6 | 11.8 | 0.1 | 3.6 | -60.1% |
| United States | 1.3 | 16.9 | 0.1 | 1.6 | 7.2% |
| Estonia | N/A | N/A | N/A | 1.3 | 0% |
| Denmark | 0.5 | 1.8 | N/A | 0.5 | 0.0% |
| Spain | 7.0 | 0.3 | N/A | N/A | -95.7% |
| Switzerland | 60.1 | 0.1 | N/A | N/A | -99.8% |
| United Kingdom | 15.6 | 37.9 | 0.2 | N/A | -88.7% |
| Others | 415 | 293 | 11.3 | N/A | -83.5% |
| Total | 877 | 6,100 | 58.0 | 1,186 | 10.6% |
Top Suppliers of Steam Turbine to Norway in 2022:
- China (6.0 units)
- Italy (2.0 units)
- Poland (2.0 units)
- United States (2.0 units)
- Sweden (2.0 units)
- Germany (2.0 units)
- Estonia (1.0 units)
- Denmark (1.0 units)
- Lithuania (1.0 units)
- Ireland (1.0 units)
This report provides an in-depth analysis of the steam turbine 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 28112130 -
- Prodcom 28112150 -
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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This report provides an in-depth analysis of the steam turbine market in Norway.
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This report provides an in-depth analysis of the global steam turbine market.
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This report provides an in-depth analysis of the steam turbine market in Norway.
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This report provides an in-depth analysis of the global steam turbine market.
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In value terms, turbines imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern remained consistent, wi...
965
In value terms, turbines exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
1086
In 2016, the global imports of steam turbine totaled X tons, remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% over the perio...
1079
In 2016, the global imports of steam turbine totaled X tons, remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% over the perio...
676
In value terms, turbines imports totaled $X in 2016. The total import value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern remained consistent, wi...
965
In value terms, turbines exports amounted to $X in 2016. The total export value increased at an average annual rate of +X% over the period from 2007 to 2016; the trend pattern indicated some noti...
1086
In 2016, the global imports of steam turbine totaled X tons, remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% over the perio...
1079
In 2016, the global imports of steam turbine totaled X tons, remaining stable against the previous year figure. The total import volume increased at an average annual rate of +X% over the perio...
