Norway: Helicopter Market 2022

Helicopter Market Size in Norway

The Norwegian helicopter market was estimated at $X in 2019, approximately reflecting the previous year. Overall, consumption showed a relatively flat trend pattern. Helicopter consumption peaked at $X in 2007; afterwards, it flattened through to 2019.

Helicopter Production in Norway

In value terms, helicopter production contracted notably to $X in 2020 estimated in export prices. In general, production, however, continues to indicate significant growth. The most prominent rate of growth was recorded in 2009 with an increase of X% y-o-y. Over the period under review, production reached the peak level at $X in 2016; however, from 2017 to 2020, production stood at a somewhat lower figure.

Helicopter Exports

Exports from Norway

In 2020, the amount of helicopters exported from Norway contracted remarkably to X units, dropping by -X% compared with 2019 figures. In general, exports, however, posted resilient growth. The pace of growth appeared the most rapid in 2016 with an increase of X% against the previous year. Exports peaked at X units in 2017; however, from 2018 to 2020, exports remained at a lower figure.

In value terms, helicopter exports shrank notably to $X in 2020. Over the period under review, exports, however, showed a slight curtailment. The most prominent rate of growth was recorded in 2016 when exports increased by X% y-o-y. Exports peaked at $X in 2011; however, from 2012 to 2020, exports remained at a lower figure.

Exports by Country

Australia (X units) was the main destination for helicopter exports from Norway, accounting for a X% share of total exports. Moreover, helicopter exports to Australia exceeded the volume sent to the second major destination, the Netherlands (X units), threefold. The third position in this ranking was occupied by Sweden (X units), with a X% share.

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

In value terms, the largest markets for helicopter exported from Norway were Australia ($X), the UK ($X) and Sweden ($X), with a combined X% share of total exports.

The UK (+X% per year) recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2020, the average helicopter export price amounted to $X per unit, picking up by X% against the previous year. In general, the export price, however, faced a drastic downturn. The most prominent rate of growth was recorded in 2017 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2007; however, from 2008 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2020, the country with the highest price was the Czech Republic ($X per unit), while the average price for exports to the Netherlands ($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 the UK, while the prices for the other major destinations experienced mixed trend patterns.

Helicopter Imports

Imports into Norway

In 2020, supplies from abroad of helicopters decreased by -X% to X units, falling for the second consecutive year after two years of growth. Over the period under review, imports, however, showed pronounced growth. The pace of growth appeared the most rapid in 2017 when imports increased by X% year-to-year. Over the period under review, imports hit record highs at X units in 2018; however, from 2019 to 2020, imports remained at a lower figure.

In value terms, helicopter imports shrank notably to $X in 2020. Overall, imports, however, saw a tangible increase. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. Over the period under review, imports reached the maximum at $X in 2019, and then fell sharply in the following year.

Imports by Country

In 2020, the UK (X units) constituted the largest supplier of helicopter to Norway, with a X% share of total imports. Moreover, helicopter imports from the UK exceeded the figures recorded by the second-largest supplier, France (X units), tenfold.

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

In value terms, the UK ($X) constituted the largest supplier of helicopter to Norway, comprising X% of total imports. The second position in the ranking was occupied by France ($X), with a X% share of total imports.

From 2007 to 2020, the average annual rate of growth in terms of value from the UK amounted to +X%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-X% per year) and Australia (+X% per year).

Import Prices by Country

In 2020, the average helicopter import price amounted to $X per unit, which is down by -X% against the previous year. Over the period under review, the import price saw a relatively flat trend pattern. The growth pace was the most rapid in 2009 an increase of X% against the previous year. As a result, import price attained the peak level of $X per unit. from 2010 to 2020, the growth in terms of the average import prices remained 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 France ($X per unit), while the price for Australia ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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