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Norway - Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters - Market Analysis, Forecast, Size, Trends and Insights
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Norway: Overview of the Market for Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters 2021

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Market Size for Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters in Norway

The Norwegian electric oven and cooker market surged to $X in 2020, increasing by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a measured expansion from 2007 to 2020: its value increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2020 figures, consumption increased by +X% against 2017 indices. The growth pace was the most rapid in 2013 when the market value increased by X% against the previous year. Electric oven and cooker consumption peaked in 2020 and is expected to retain growth in years to come.

Exports of Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters

Exports from Norway

In 2020, shipments abroad of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters decreased by -X% to X units, falling for the eighth year in a row after three years of growth. Overall, exports faced a deep downturn. The growth pace was the most rapid in 2011 when exports increased by X% year-to-year. Over the period under review, exports attained the maximum at X units in 2012; however, from 2013 to 2020, exports failed to regain the momentum.

In value terms, electric oven and cooker exports surged to $X in 2020. In general, exports recorded a abrupt decline. The most prominent rate of growth was recorded in 2011 with an increase of X% y-o-y. Exports peaked at $X in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Sweden (X units) was the main destination for electric oven and cooker exports from Norway, accounting for a X% share of total exports. Moreover, electric oven and cooker exports to Sweden exceeded the volume sent to the second major destination, Denmark (X units), more than tenfold. The third position in this ranking was occupied by Nigeria (X units), with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Sweden stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-X% per year) and Nigeria (+X% per year).

In value terms, Sweden ($X) remains the key foreign market for electric oven and cooker exports from Norway, comprising X% of total exports. The second position in the ranking was occupied by Denmark ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to Sweden stood at -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-X% per year) and Germany (-X% per year).

Export Prices by Country

In 2020, the average electric oven and cooker export price amounted to $X per unit, with an increase of X% against the previous year. Overall, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average export price increased by X% y-o-y. Over the period under review, average export prices hit record highs in 2020 and is expected to retain growth in the near future.

Prices varied noticeably by the country of destination; the country with the highest price was Denmark ($X per unit), while the average price for exports to Nigeria ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Sweden, while the prices for the other major destinations experienced more modest paces of growth.

Imports of Electric Ovens, Cookers, Cooking Plates, Boiling Rings, Grillers And Roasters

Imports into Norway

In 2020, imports of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters into Norway skyrocketed to X units, jumping by X% compared with the year before. Over the period under review, imports recorded a tangible expansion. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, electric oven and cooker imports stood at $X in 2020. The total import value increased at an average annual rate of +X% from 2007 to 2020; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2013 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2014 to 2020, the growth imports remained at a somewhat lower figure.

Imports by Country

In 2020, China (X units) constituted the largest electric oven and cooker supplier to Norway, with a X% share of total imports. Moreover, electric oven and cooker imports from China exceeded the figures recorded by the second-largest supplier, Germany (X units), ninefold. The third position in this ranking was occupied by Italy (X units), with a X% share.

From 2007 to 2020, the average annual growth rate of volume from China amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+X% per year) and Italy (+X% per year).

In value terms, the largest electric oven and cooker suppliers to Norway were Germany ($X), Italy ($X) and Poland ($X), together comprising X% of total imports. These countries were followed by Spain, China, Turkey and France, which together accounted for a further X terms of the main suppliers, Spain (+X% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average electric oven and cooker import price stood at $X per unit in 2020, shrinking by -X% against the previous year. Over the period under review, the import price saw a pronounced shrinkage. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2017; however, from 2018 to 2020, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2020, the country with the highest price was Germany ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Spain, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electric ovens, cookers, cooking plates, boiling rings, grillers and roasters in the world?
+
China (246M units) constituted the country with the largest volume of electric oven and cooker consumption, accounting for 50% of total volume. Moreover, electric oven and cooker consumption in China exceeded the figures recorded by the second-largest consumer, the U.S. (57M units), fourfold. India (28M units) ranked third in terms of total consumption with a 5.7% share.
What are the largest producers of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters in the world?
+
The country with the largest volume of electric oven and cooker production was China (327M units), comprising approx. 69% of total volume. Moreover, electric oven and cooker production in China exceeded the figures recorded by the second-largest producer, India (28M units), more than tenfold. The third position in this ranking was occupied by the U.S. (17M units), with a 3.6% share.
What are the leading suppliers of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters to Norway?
+
In value terms, the largest electric oven and cooker suppliers to Norway were Germany ($45M), Italy ($24M) and Poland ($20M), with a combined 57% share of total imports. Spain, China, Turkey and France lagged somewhat behind, together comprising a further 26%.
What are the leading importers of electric ovens, cookers, cooking plates, boiling rings, grillers and roasters from Norway?
+
In value terms, Sweden ($1.6M) remains the key foreign market for electric oven and cooker exports from Norway, comprising 72% of total exports. The second position in the ranking was occupied by Denmark ($318K), with a 15% share of total exports. It was followed by Germany, with a 1.9% share.
What is the average export price for electric ovens, cookers, cooking plates, boiling rings, grillers and roasters in Norway?
+
In 2020, the average electric oven and cooker export price amounted to $232 per unit, picking up by 35% against the previous year.
What is the average import price for electric ovens, cookers, cooking plates, boiling rings, grillers and roasters in Norway?
+
In 2020, the average electric oven and cooker import price amounted to $124 per unit, with a decrease of -37.7% against the previous year.

Product coverage:
• Prodcom 27512810 - Domestic electric cookers with at least an oven and a hob (including combined gas-electric appliances)
• Prodcom 27512830 - Electric cooking plates, boiling rings and hobs for domestic use
• Prodcom 27512850 - Domestic electric grills and roasters
• Prodcom 27512870 - Domestic electric ovens for building-in
• Prodcom 27512890 - Domestic electric ovens (excluding those for building-in, m icrowave ovens)

This report provides an in-depth analysis of the market for electric oven and cooker 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 2025.


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:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. 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

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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