Norway: Capacitor Market 2024

Capacitor Market Size in Norway

The Norwegian capacitor market skyrocketed to $X in 2022, with an increase of 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). Over the period under review, the total consumption indicated a notable expansion 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 2020 indices. Over the period under review, the market hit record highs in 2022 and is likely to see gradual growth in the immediate term.

Capacitor Exports

Exports from Norway

In 2022, exports of electrical capacitors from Norway skyrocketed to X units, with an increase of X% against the previous year. Overall, exports recorded a strong expansion. The most prominent rate of growth was recorded in 2018 with an increase of X%. Over the period under review, the exports attained the peak figure at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, capacitor exports reached $X in 2022. Over the period under review, exports enjoyed notable growth. The growth pace was the most rapid in 2018 when exports increased by X%. The exports peaked at $X in 2020; however, from 2021 to 2022, the exports remained at a lower figure.

Exports by Country

Estonia (X units) was the main destination for capacitor exports from Norway, with a X% share of total exports. Moreover, capacitor exports to Estonia exceeded the volume sent to the second major destination, the United States (X units), fivefold. The third position in this ranking was taken by Lithuania (X units), with an X% share.

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

In value terms, the largest markets for capacitor exported from Norway were Lithuania ($X), Estonia ($X) and the United States ($X), with a combined X% share of total exports. The UK lagged somewhat behind, accounting for a further X%.

Among the main countries of destination, the UK, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average capacitor export price amounted to $X per thousand units, reducing by X% against the previous year. Overall, the export price saw a perceptible setback. The pace of growth appeared the most rapid in 2021 an increase of X% against the previous year. The export price peaked at $X per thousand units in 2017; however, from 2018 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 ($X per thousand units), while the average price for exports to Estonia ($X per thousand units) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (X%), while the prices for the other major destinations experienced mixed trend patterns.

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Capacitor Imports

Imports into Norway

In 2022, the amount of electrical capacitors imported into Norway reached X units, surging by X% compared with 2021. In general, imports posted moderate growth. The growth pace was the most rapid in 2021 when imports increased by X%. Imports peaked in 2022 and are expected to retain growth in years to come.

In value terms, capacitor imports skyrocketed to $X in 2022. Over the period under review, total imports 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, imports increased by X% against 2020 indices. The pace of growth appeared the most rapid in 2017 when imports increased by X%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

Japan (X units), China (X units) and Mexico (X units) were the main suppliers of capacitor imports to Norway, with a combined X% share of total imports. Taiwan (Chinese), Malaysia, the Philippines, South Korea, the United States, Italy, Germany and Singapore lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for the Philippines (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest capacitor suppliers to Norway were China ($X), Japan ($X) and Germany ($X), together comprising X% of total imports. The United States, Mexico, Malaysia, Taiwan (Chinese), South Korea, Italy, the Philippines and Singapore lagged somewhat behind, together accounting for a further X%.

The Philippines, with a CAGR of X%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average capacitor import price amounted to $X per thousand units, picking up by X% against the previous year. In general, import price indicated a modest increase from 2012 to 2022: its price 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. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. As a result, import price reached the peak level of $X per thousand units. From 2015 to 2022, the average import prices remained at a lower figure.

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 ($X per thousand units), while the price for the Philippines ($X per thousand units) was amongst the lowest.

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

Source: IndexBox Platform

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