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Norway - Generators For Internal Combustion Engines - Market Analysis, Forecast, Size, Trends and Insights
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Norway: Engine Generator Market Overview 2021

Engine Generator Market Size in Norway

The Norwegian engine generator market dropped modestly to $X in 2020, remaining relatively unchanged 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). Overall, consumption recorded a slight slump. The most prominent rate of growth was recorded in 2016 with an increase of X% against the previous year. Engine generator consumption peaked at $X in 2012; however, from 2013 to 2020, consumption failed to regain the momentum.

Engine Generator Exports

Exports from Norway

In 2020, shipments abroad of generators for internal combustion engines was finally on the rise to reach X units after two years of decline. In general, exports continue to indicate a mild expansion. The growth pace was the most rapid in 2008 when exports increased by X% year-to-year. As a result, exports attained the peak of X units. From 2009 to 2020, the growth exports remained at a somewhat lower figure.

In value terms, engine generator exports shrank dramatically to $X in 2020. Overall, exports recorded a mild curtailment. The growth pace was the most rapid in 2008 with an increase of X% year-to-year. As a result, exports attained the peak of $X. From 2009 to 2020, the growth exports remained at a somewhat lower figure.

Exports by Country

Denmark (X units), Sweden (X units) and Belgium (X units) were the main destinations of engine generator exports from Norway, with a combined X% share of total exports. These countries were followed by Germany, which accounted for a further X 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for engine generator exported from Norway were Sweden ($X), Denmark ($X) and Belgium ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Belgium 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

The average engine generator export price stood at $X per unit in 2020, declining by -X% against the previous year. In general, the export price saw a perceptible descent. The growth pace was the most rapid in 2018 an increase of X% y-o-y. Over the period under review, average export prices reached the maximum at $X per unit in 2011; however, from 2012 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Belgium ($X per unit), while the average price for exports to Denmark ($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 Belgium, while the prices for the other major destinations experienced more modest paces of growth.

Engine Generator Imports

Imports into Norway

In 2020, imports of generators for internal combustion engines into Norway declined to X units, waning by -X% compared with the year before. Over the period under review, imports showed a noticeable contraction. The pace of growth was the most pronounced in 2016 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X units in 2010; however, from 2011 to 2020, imports stood at a somewhat lower figure.

In value terms, engine generator imports expanded modestly to $X in 2020. Overall, imports continue to indicate a mild decline. The growth pace was the most rapid in 2016 with an increase of X% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

Imports by Country

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

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

In value terms, the largest engine generator suppliers to Norway were Poland ($X), Slovakia ($X) and Germany ($X), together accounting for X% of total imports.

Slovakia (+X% per year) saw the highest growth rate of the value of imports, in terms of 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 2020, the average engine generator import price amounted to $X per unit, with an increase of X% against the previous year. Over the period from 2007 to 2020, it increased at an average annual rate of +X%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Slovakia (+X% per year), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for generators for internal combustion engines in the world?
+
The countries with the highest volumes of engine generator consumption in 2020 were China (67M units), the U.S. (44M units) and India (24M units), together comprising 52% of global consumption. Japan, Mexico, Indonesia, France, Brazil, the UK, Italy, Spain, Turkey and South Korea lagged somewhat behind, together comprising a further 30%.
What are the largest producers of generators for internal combustion engines in the world?
+
The countries with the highest volumes of engine generator production in 2020 were China (70M units), the U.S. (38M units) and India (24M units), with a combined 50% share of global production. Japan, France, Mexico, Indonesia, Italy, South Korea, Brazil, Turkey, the UK and Spain lagged somewhat behind, together accounting for a further 34%.
What are the leading suppliers of generators for internal combustion engines to Norway?
+
In value terms, the largest engine generator suppliers to Norway were Poland ($2M), Slovakia ($1.3M) and Germany ($691K), together comprising 42% of total imports.
What are the leading importers of generators for internal combustion engines from Norway?
+
In value terms, the largest markets for engine generator exported from Norway were Sweden ($398K), Denmark ($322K) and Belgium ($226K), with a combined 82% share of total exports.
What is the average export price for generators for internal combustion engines in Norway?
+
The average engine generator export price stood at $92 per unit in 2020, shrinking by -28.9% against the previous year.
What is the average import price for generators for internal combustion engines in Norway?
+
The average engine generator import price stood at $81 per unit in 2020, growing by 17% against the previous year.

Product coverage:
• Prodcom 29312250 - Generators for internal combustion engines (including dynamos and alternators) (excluding dual-purpose startergenerators)

This report provides an in-depth analysis of the engine generator 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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