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Norway - Electrical Insulating Fittings Of Plastics - Market Analysis, Forecast, Size, Trends and Insights
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Norway: Electrical Insulating Fittings Market Overview 2021

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Electrical Insulating Fittings Market Size in Norway

In 2020, the Norwegian electrical insulating fittings market decreased by -X% to $X, falling for the second consecutive year after two years of growth. Over the period under review, consumption, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2011 when the market value increased by X% against the previous year. Electrical insulating fittings consumption peaked at $X in 2015; however, from 2016 to 2020, consumption remained at a lower figure.

Electrical Insulating Fittings Exports

Exports from Norway

In 2020, the amount of electrical insulating fittings of plastics exported from Norway surged to X units, growing by X% against the previous year. Overall, exports showed temperate growth. As a result, exports reached the peak and are likely to continue growth in the immediate term.

In value terms, electrical insulating fittings exports soared to $X in 2020. Over the period under review, exports saw a relatively flat trend pattern. Exports peaked at $X in 2014; however, from 2015 to 2020, exports stood at a somewhat lower figure.

Exports by Country

Spain (X units), Malaysia (X units) and Poland (X units) were the main destinations of electrical insulating fittings exports from Norway, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Spain (+X% per year), while exports for the other leaders experienced more modest paces of growth.

In value terms, Poland ($X), Spain ($X) and Azerbaijan ($X) were the largest markets for electrical insulating fittings exported from Norway worldwide, with a combined X% share of total exports.

Among the main countries of destination, Spain (+X% per year) saw 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

The average electrical insulating fittings export price stood at $X per unit in 2020, remaining constant against the previous year. In general, the export price continues to indicate a noticeable reduction. The most prominent rate of growth was recorded in 2012 when the average export price increased by X% y-o-y. Over the period under review, average export prices hit record highs at $X per unit in 2017; however, from 2018 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Poland ($X per unit), while the average price for exports to Angola ($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 China, while the prices for the other major destinations experienced a decline.

Electrical Insulating Fittings Imports

Imports into Norway

In 2020, imports of electrical insulating fittings of plastics into Norway fell remarkably to X units, dropping by -X% against 2019. Over the period under review, imports, however, enjoyed a temperate increase. The most prominent rate of growth was recorded in 2015 with an increase of X% y-o-y. As a result, imports attained the peak of X units. From 2016 to 2020, the growth imports remained at a lower figure.

In value terms, electrical insulating fittings imports declined significantly to $X in 2020. Overall, imports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2011 with an increase of X% year-to-year. Over the period under review, imports attained the maximum at $X in 2015; however, from 2016 to 2020, imports failed to regain the momentum.

Imports by Country

In 2020, Denmark (X units) constituted the largest supplier of electrical insulating fittings to Norway, with a X% share of total imports. Moreover, electrical insulating fittings imports from Denmark exceeded the figures recorded by the second-largest supplier, China (X units), twofold. The third position in this ranking was occupied by Germany (X units), with a X% share.

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

In value terms, Denmark ($X) constituted the largest supplier of electrical insulating fittings to Norway, comprising X% of total imports. The second position in the ranking was occupied by Germany ($X), with a X% share of total imports. It was followed by China, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value from Denmark was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-X% per year) and China (+X% per year).

Import Prices by Country

In 2020, the average electrical insulating fittings import price amounted to $X per unit, with a decrease of -X% against the previous year. In general, the import price showed a noticeable decline. The most prominent rate of growth was recorded in 2016 when the average import price increased by X% year-to-year. The import price peaked at $X per unit in 2010; however, from 2011 to 2020, import prices failed to regain the momentum.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for electrical insulating fittings of plastics in the world?
+
The countries with the highest volumes of electrical insulating fittings consumption in 2020 were China (79M units), the U.S. (46M units) and India (29M units), with a combined 44% share of global consumption. Japan, Germany, the Czech Republic, Nigeria, Mexico, Morocco, France, South Korea, Romania and Italy lagged somewhat behind, together comprising a further 27%.
What are the largest producers of electrical insulating fittings of plastics in the world?
+
The countries with the highest volumes of electrical insulating fittings production in 2020 were China (76M units), the U.S. (45M units) and Germany (32M units), together comprising 47% of global production. Japan, India, South Korea, Nigeria, Austria, France, Italy and Hungary lagged somewhat behind, together comprising a further 33%.
What are the leading suppliers of electrical insulating fittings of plastics to Norway?
+
In value terms, Denmark ($1.3M) constituted the largest supplier of electrical insulating fittings to Norway, comprising 40% of total imports. The second position in the ranking was occupied by Germany ($442K), with a 14% share of total imports. It was followed by China, with a 10% share.
What are the leading importers of electrical insulating fittings of plastics from Norway?
+
In value terms, Poland ($170K), Spain ($112K) and Azerbaijan ($96K) appeared to be the largest markets for electrical insulating fittings exported from Norway worldwide, with a combined 48% share of total exports.
What is the average export price for electrical insulating fittings of plastics in Norway?
+
The average electrical insulating fittings export price stood at $42 per unit in 2020, remaining stable against the previous year.
What is the average import price for electrical insulating fittings of plastics in Norway?
+
The average electrical insulating fittings import price stood at $19 per unit in 2020, which is down by -20.1% against the previous year.

Product coverage:
• Prodcom 27331430 - Insulating fittings of plastic, for electrical machines, a ppliances or equipment (excluding electrical insulators)

This report provides an in-depth analysis of the electrical insulating fittings 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 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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