Norway: Balloon And Dirigible Market 2024

Balloon And Dirigible Market Size in Norway

The Norwegian balloon and dirigible market skyrocketed to $X in 2023, jumping 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). Overall, consumption saw pronounced growth. Balloon and dirigible consumption peaked at $X in 2021; however, from 2022 to 2023, consumption stood at a somewhat lower figure.

Balloon And Dirigible Exports

Exports from Norway

In 2023, shipments abroad of balloons, dirigibles and other non-powered aircraft was finally on the rise to reach X units for the first time since 2020, thus ending a two-year declining trend. Overall, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, balloon and dirigible exports soared to $X in 2023. In general, exports recorded a strong expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2016; however, from 2017 to 2023, the exports remained at a lower figure.

Exports by Country

Sweden (X units), Denmark (X units) and Australia (X units) were the main destinations of balloon and dirigible exports from Norway, with a combined X% share of total exports.

From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Denmark ($X) and France ($X) constituted the largest markets for balloon and dirigible exported from Norway worldwide, with a combined X% share of total exports.

In terms of the main countries of destination, France, with a CAGR of X%, 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

In 2023, the average balloon and dirigible export price amounted to $X per unit, with a decrease of X% against the previous year. In general, the export price saw a abrupt downturn. The most prominent rate of growth was recorded in 2015 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2016 to 2023, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2023, amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to France (X%), while the prices for the other major destinations experienced more modest paces of growth.

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

Balloon And Dirigible Imports

Imports into Norway

In 2023, the amount of balloons, dirigibles and other non-powered aircraft imported into Norway soared to X units, growing by X% compared with the year before. In general, imports continue to indicate buoyant growth. Over the period under review, imports hit record highs at X units in 2021; however, from 2022 to 2023, imports remained at a lower figure.

In value terms, balloon and dirigible imports soared to $X in 2023. Overall, imports, however, continue to indicate a pronounced downturn. The pace of growth was the most pronounced in 2018 with an increase of X%. Imports peaked at $X in 2021; however, from 2022 to 2023, imports remained at a lower figure.

Imports by Country

In 2023, the UK (X units) constituted the largest balloon and dirigible supplier to Norway, accounting for a X% share of total imports. Moreover, balloon and dirigible imports from the UK exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), ninefold. Germany (X units) ranked third in terms of total imports with a X% share.

From 2012 to 2023, the average annual growth rate of volume from the UK amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Germany (X% per year).

In value terms, Germany ($X) constituted the largest supplier of balloons, dirigibles and other non-powered aircraft to Norway, comprising X% of total imports. The second position in the ranking was held by the United States ($X), with a X% share of total imports. It was followed by Japan, with an X% share.

From 2012 to 2023, 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: the United States (X% per year) and Japan (X% per year).

Import Prices by Country

The average balloon and dirigible import price stood at $X per unit in 2023, reducing by X% against the previous year. Over the period under review, the import price continues to indicate a deep contraction. The pace of growth was the most pronounced in 2016 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2017 to 2023, the average import prices remained at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was the United States ($X per unit), while the price for the UK ($X per unit) was amongst the lowest.

From 2012 to 2023, the most notable rate of growth in terms of prices was attained by China (X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform