Norway: Electric Brazing Machine Market 2024

Electric Brazing Machine Market Size in Norway

In 2022, the Norwegian electric brazing machine market decreased by X% to $X for the first time since 2019, thus ending a two-year rising trend. Over the period under review, the total consumption indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by X% against 2017 indices. Electric brazing machine consumption peaked at $X in 2021, and then fell in the following year.

Electric Brazing Machine Exports

Exports from Norway

In 2022, overseas shipments of electric brazing or soldering machines and apparatus increased by X% to X units, rising for the third year in a row after two years of decline. Over the period under review, exports showed strong growth. The growth pace was the most rapid in 2020 when exports increased by X% against the previous year. Over the period under review, the exports reached the peak figure in 2022 and are likely to see gradual growth in the immediate term.

In value terms, electric brazing machine exports skyrocketed to $X in 2022. In general, exports, however, showed a slight shrinkage. The growth pace was the most rapid in 2020 with an increase of X%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Lithuania (X units) was the main destination for electric brazing machine exports from Norway, accounting for a X% share of total exports. Moreover, electric brazing machine exports to Lithuania exceeded the volume sent to the second major destination, Sweden (X units), eightfold. The third position in this ranking was held by Malaysia (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Lithuania amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (X% per year) and Malaysia (X% per year).

In value terms, Lithuania ($X) emerged as the key foreign market for electric brazing or soldering machines and apparatus exports from Norway, comprising X% of total exports. The second position in the ranking was held by Sweden ($X), with a X% share of total exports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Lithuania amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (X% per year) and the UK (X% per year).

Export Prices by Country

The average electric brazing machine export price stood at $X per unit in 2022, surging by X% against the previous year. In general, the export price, however, showed a deep slump. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Malaysia ($X 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 Estonia (X%), while the prices for the other major destinations experienced mixed trend patterns.

Join Us at HANNOVER MESSE 2024

Don’t miss your chance to connect with us directly. Schedule a personal meeting to dive deeper into how solutions.
Hall 002, Stand C10. 22 - 26 April 2024 | Hannover, Germany

Book Your Meeting

Electric Brazing Machine Imports

Imports into Norway

After two years of growth, purchases abroad of electric brazing or soldering machines and apparatus decreased by X% to X units in 2022. Over the period under review, total imports indicated modest growth from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2017 indices. The pace of growth appeared the most rapid in 2013 when imports increased by X% against the previous year. As a result, imports reached the peak of X units. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, electric brazing machine imports reached $X in 2022. In general, imports, however, continue to indicate strong growth. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in years to come.

Imports by Country

Estonia (X units), Sweden (X units) and Italy (X units) were the main suppliers of electric brazing machine imports to Norway, with a combined X% share of total imports. Germany, China, Mexico, the United States and Taiwan (Chinese) lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Mexico (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of electric brazing or soldering machines and apparatus to Norway, comprising X% of total imports. The second position in the ranking was taken by Sweden ($X), with a X% share of total imports. It was followed by Estonia, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (X% per year) and Estonia (X% per year).

Import Prices by Country

The average electric brazing machine import price stood at $X per unit in 2022, increasing by X% against the previous year. Over the period under review, the import price recorded a prominent increase. The pace of growth was the most pronounced in 2016 when the average import price increased by X% against the previous year. The import price peaked in 2022 and is likely to continue growth in years to come.

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 ($X per unit), while the price for Italy ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :