Norway - Insulated Wire And Cable - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWire and Cable Price in Norway - 2023
Contents:
- Wire and Cable Price in Norway (CIF) - 2023
- Wire and Cable Price in Norway (FOB) - 2023
- Wire and Cable Imports in Norway
- Wire and Cable Exports in Norway
Wire and Cable Price in Norway (CIF) - 2023
In August 2023, the average wire and cable import price amounted to $13,243 per ton, which is down by -8.7% against the previous month. Overall, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in July 2023 an increase of 28% m-o-m. As a result, import price attained the peak level of $14,499 per ton, and then dropped in the following month.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was France ($30,138 per ton), while the price for Estonia ($4,415 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by France (+13.2%), while the prices for the other major suppliers experienced more modest paces of growth.
Wire and Cable Price in Norway (FOB) - 2023
The average wire and cable export price stood at $36,999 per ton in August 2023, with an increase of 15% against the previous month. Over the period under review, the export price showed buoyant growth. The most prominent rate of growth was recorded in January 2023 an increase of 225% month-to-month. Over the period under review, the average export prices reached the peak figure in August 2023.
There were significant differences in the average prices for the major foreign markets. In August 2023, the country with the highest price was Germany ($100K per ton), while the average price for exports to Ukraine ($12,061 per ton) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+9.2%), while the prices for the other major destinations experienced more modest paces of growth.
Wire and Cable Imports in Norway
In 2022, wire and cable imports into Norway fell modestly to 60K tons, waning by -2.3% on 2021. In general, imports saw a noticeable decrease.
In value terms, wire and cable imports reached $621M in 2022. The total import value increased at an average annual rate of +4.5% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The most prominent rate of growth was recorded in 2021 with an increase of 13% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in years to come.
| Import of Wire and Cable in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 92.5 | 82.6 | 109 | 104 | 4.0% |
| China | 58.7 | 58.4 | 74.8 | 77.3 | 9.6% |
| Germany | 52.0 | 49.1 | 55.1 | 64.6 | 7.5% |
| United Kingdom | 38.7 | 70.8 | 49.9 | 44.0 | 4.4% |
| Spain | 26.3 | 28.3 | 35.9 | 40.4 | 15.4% |
| France | 30.3 | 28.1 | 29.5 | 31.6 | 1.4% |
| Poland | 13.1 | 13.8 | 19.6 | 26.0 | 25.7% |
| Denmark | 25.3 | 27.2 | 33.2 | 25.3 | 0.0% |
| Finland | 35.0 | 29.8 | 34.1 | 24.3 | -11.5% |
| Estonia | 22.7 | 13.9 | 18.6 | 23.5 | 1.2% |
| Netherlands | 10.9 | 11.3 | 19.1 | 17.2 | 16.4% |
| Turkey | 8.3 | 16.6 | 12.3 | 12.6 | 14.9% |
| Portugal | 6.2 | 3.4 | 6.5 | 7.8 | 8.0% |
| Others | 124 | 108 | 116 | 123 | -0.3% |
| Total | 544 | 541 | 613 | 621 | 4.5% |
Top Suppliers of Wire and Cable to Norway in 2022:
- Sweden (15.4K tons)
- Spain (5.3K tons)
- France (5.0K tons)
- Germany (4.7K tons)
- Estonia (4.6K tons)
- China (3.9K tons)
- Finland (2.8K tons)
- Poland (2.7K tons)
- Denmark (2.2K tons)
- Turkey (1.8K tons)
- United Kingdom (1.8K tons)
- Netherlands (1.5K tons)
- Portugal (1.4K tons)
Wire and Cable Exports in Norway
Wire and cable exports from Norway declined sharply to 24K tons in 2022, which is down by -45.4% on the previous year. In general, exports recorded a abrupt slump. The growth pace was the most rapid in 2021 with an increase of 74%. As a result, the exports attained the peak of 45K tons, and then shrank rapidly in the following year.
In value terms, wire and cable exports reduced sharply to $317M in 2022. Overall, exports, however, saw a noticeable increase. The pace of growth appeared the most rapid in 2021 when exports increased by 73% against the previous year. As a result, the exports attained the peak of $517M, and then dropped remarkably in the following year.
| Export of Wire and Cable in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Egypt | 2.5 | 3.5 | N/A | 94.6 | 235.7% |
| Greece | 23.0 | 59.6 | 69.0 | 63.6 | 40.4% |
| France | 0.7 | 1.6 | 1.4 | 36.6 | 273.9% |
| United Kingdom | 72.3 | 82.7 | 232 | 18.0 | -37.1% |
| Sweden | 9.1 | 9.6 | 16.6 | 13.6 | 14.3% |
| Denmark | 119 | 5.1 | 5.4 | 7.8 | -59.7% |
| Spain | 15.9 | 0.7 | 1.4 | 5.0 | -32.0% |
| Others | 55.7 | 137 | 191 | 78.0 | 11.9% |
| Total | 299 | 300 | 517 | 317 | 2.0% |
Top Export Markets for Wire and Cable from Norway in 2022:
- Egypt (7.8K tons)
- Greece (6.3K tons)
- France (4.7K tons)
- United Kingdom (1.1K tons)
- Denmark (0.8K tons)
- Sweden (0.8K tons)
- Spain (0.6K tons)
This report provides an in-depth analysis of the wire and cable 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 27321130 -
- Prodcom 27321150 -
- Prodcom 27321200 - Insulated coaxial cables and other coaxial electric conductors for data and control purposes whether or not fitted with connectors
- Prodcom 27321340 - Other electric conductors, for a voltage . 1 .000 V, fitted with connectors
- Prodcom 27321380 - Other electric conductors, for a voltage . 1 .000 V, not fitted with connectors
- Prodcom 27321400 - Insulated electric conductors for voltage >1 .000 V (excluding winding wire, coaxial cable and other coaxial electric conductors, ignition and other wiring sets used in vehicles, a ircraft, ships)
- Prodcom 29311000 - Insulated ignition wiring sets and other wiring sets of a kind used in vehicles, aircraft or ships
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
- 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
-
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
-
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
-
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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