Norway - Radio Receivers For Motor Vehicles - Market Analysis, Forecast, Size, Trends And Insights
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View PricingVehicle Radio Price in Norway - 2023
Contents:
- Vehicle Radio Price in Norway (FOB) - 2022
- Vehicle Radio Price in Norway (CIF) - 2022
- Vehicle Radio Exports in Norway
- Vehicle Radio Imports in Norway
Vehicle Radio Price in Norway (FOB) - 2022
The average vehicle radio export price stood at $175 per unit in 2022, reducing by -66.8% against the previous year. Over the period under review, the export price, however, recorded a tangible expansion. The most prominent rate of growth was recorded in 2021 an increase of 503%. As a result, the export price attained the peak level of $527 per unit, and then dropped rapidly in the following year.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Finland ($7,788 per unit), while the average price for exports to Sweden ($44 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 Finland (+57.8%), while the prices for the other major destinations experienced more modest paces of growth.
Vehicle Radio Price in Norway (CIF) - 2022
The average vehicle radio import price stood at $206 per unit in 2022, increasing by 97% against the previous year. Overall, the import price posted prominent growth. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Hungary ($902 per unit), while the price for Belgium ($89 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+36.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Vehicle Radio Exports in Norway
In 2022, overseas shipments of radio receivers for motor vehicles decreased by -31.4% to 2.2K units for the first time since 2018, thus ending a three-year rising trend. In general, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2020 with an increase of 5.5%. The exports peaked at 3.2K units in 2021, and then declined sharply in the following year.
In value terms, vehicle radio exports declined sharply to $386K in 2022. Over the period under review, exports, however, continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 505% against the previous year. As a result, the exports reached the peak of $1.7M, and then dropped dramatically in the following year.
| Export of Vehicle Radio in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 51.6 | 83.8 | 154 | 69.3 | 10.3% |
| Chile | N/A | 48.8 | N/A | 52.4 | 3.6% |
| Netherlands | 3.2 | 10.6 | 0.1 | 47.8 | 146.3% |
| Switzerland | N/A | 20.0 | 3.9 | 41.0 | 43.2% |
| Germany | 10.0 | 7.2 | 3.5 | 7.7 | -8.3% |
| Denmark | 21.3 | 9.8 | 3.1 | 7.1 | -30.7% |
| Morocco | 253 | 26.4 | N/A | N/A | -89.6% |
| Faroe Islands | N/A | 7.4 | N/A | N/A | 0% |
| Others | 37.2 | 66.7 | 1,533 | 161 | 63.0% |
| Total | 376 | 281 | 1,697 | 386 | 0.9% |
Top Export Markets for Vehicle Radio from Norway in 2022:
- Sweden (1566.0 units)
- Netherlands (320.0 units)
- Switzerland (153.0 units)
- Germany (62.0 units)
- Chile (53.0 units)
- Denmark (12.0 units)
Vehicle Radio Imports in Norway
In 2022, imports of radio receivers for motor vehicles into Norway fell dramatically to 3K units, waning by -75.9% on the previous year's figure. Over the period under review, imports faced a dramatic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 17%. Over the period under review, imports reached the maximum at 13K units in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
In value terms, vehicle radio imports reduced dramatically to $613K in 2022. In general, imports continue to indicate a sharp downturn. The growth pace was the most rapid in 2021 when imports increased by 22% against the previous year. Imports peaked at $1.4M in 2019; however, from 2020 to 2022, imports failed to regain momentum.
| Import of Vehicle Radio in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 370 | 284 | 699 | 149 | -26.2% |
| Hungary | 87.0 | 109 | 107 | 133 | 15.2% |
| Germany | 342 | 123 | 87.6 | 54.5 | -45.8% |
| Sweden | 218 | 103 | 43.5 | 45.6 | -40.6% |
| Indonesia | N/A | 37.9 | 12.6 | 35.0 | -3.9% |
| Portugal | 13.0 | 42.9 | 18.5 | 28.1 | 29.3% |
| Poland | 12.3 | 81.1 | 70.3 | 23.5 | 24.1% |
| United States | 85.1 | 9.6 | 17.5 | 20.3 | -38.0% |
| Denmark | 6.7 | 38.7 | 8.2 | 15.9 | 33.4% |
| Japan | 35.5 | 2.2 | 9.4 | 14.5 | -25.8% |
| Belgium | 0.7 | 4.1 | 1.5 | 13.7 | 169.5% |
| Mexico | 4.0 | 1.5 | 2.8 | 7.8 | 24.9% |
| Hong Kong SAR | 57.2 | 0.3 | N/A | 0.6 | -78.1% |
| Others | 144 | 222 | 210 | 71.7 | -20.7% |
| Total | 1,376 | 1,059 | 1,288 | 613 | -23.6% |
Top Suppliers of Vehicle Radio to Norway in 2022:
- China (1631.0 units)
- Poland (217.0 units)
- Indonesia (179.0 units)
- Belgium (155.0 units)
- Hungary (147.0 units)
- Germany (100.0 units)
- Denmark (88.0 units)
- United States (68.0 units)
- Sweden (53.0 units)
- Portugal (49.0 units)
- Japan (48.0 units)
- Mexico (47.0 units)
- Hong Kong SAR (1.0 units)
This report provides an in-depth analysis of the vehicle radio 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 26401290 - Radio receivers for motor vehicles, n.e.c.
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
-
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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In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
723
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
878
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
723
In 2016, approx. X tons of radio receiver were imported worldwide- falling by -X% against the previous year figure. In general, radio receiver imports continue to indicate a drastic shrinkage. ...
