Norway: Market for Machines For The Manufacture Of Flat Panel Displays 2024

Market Size for Machines For The Manufacture Of Flat Panel Displays in Norway

The Norwegian panel display manufacturing machine market contracted notably to $X in 2022, shrinking by X% against the previous year. In general, consumption recorded a deep reduction. As a result, consumption attained the peak level of $X, and then shrank remarkably in the following year.

Production of Machines For The Manufacture Of Flat Panel Displays in Norway

In value terms, panel display manufacturing machine production reduced notably to $X in 2022 estimated in export price. Over the period under review, production recorded a abrupt downturn. The most prominent rate of growth was recorded in 2016 with an increase of X%. As a result, production reached the peak level of $X. From 2017 to 2022, production growth failed to regain momentum.

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Exports of Machines For The Manufacture Of Flat Panel Displays

Exports from Norway

After two years of decline, overseas shipments of machines for the manufacture of flat panel displays decreased by X% to X units in 2022. Overall, exports showed a dramatic decrease. The pace of growth was the most pronounced in 2019 when exports increased by X%. Over the period under review, the exports hit record highs at X units in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, panel display manufacturing machine exports shrank significantly to $X in 2022. In general, exports faced a dramatic slump. The pace of growth was the most pronounced in 2019 with an increase of X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Denmark (X units) was the main destination for panel display manufacturing machine exports from Norway, with a X% share of total exports. Moreover, panel display manufacturing machine exports to Denmark exceeded the volume sent to the second major destination, the United States (X units), twofold.

From 2013 to 2022, the average annual growth rate of volume to Denmark was relatively modest.

In value terms, the largest markets for panel display manufacturing machine exported from Norway were the United States ($X) and Denmark ($X).

Among the main countries of destination, Denmark, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

The average panel display manufacturing machine export price stood at $X per unit in 2022, shrinking by X% against the previous year. Over the period under review, the export price, however, posted buoyant growth. The growth pace was the most rapid in 2016 an increase of X% against the previous year. The export price peaked at $X per unit in 2021, and then declined rapidly in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United States ($X per unit), while the average price for exports to Denmark stood at $X per unit.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Machines For The Manufacture Of Flat Panel Displays

Imports into Norway

In 2022, approx. X units of machines for the manufacture of flat panel displays were imported into Norway; growing by X% on the year before. In general, imports, however, showed a significant decline. The pace of growth was the most pronounced in 2020 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports stood at a somewhat lower figure.

In value terms, panel display manufacturing machine imports contracted markedly to $X in 2022. Overall, imports, however, continue to indicate a abrupt descent. The most prominent rate of growth was recorded in 2020 when imports increased by X%. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest panel display manufacturing machine supplier to Norway, with a X% share of total imports. Moreover, panel display manufacturing machine imports from Germany exceeded the figures recorded by the second-largest supplier, China (X units), more than tenfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the UK (X% per year).

In value terms, Germany ($X) constituted the largest supplier of machines for the manufacture of flat panel displays to Norway, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and the UK (X% per year).

Import Prices by Country

In 2022, the average panel display manufacturing machine import price amounted to $X per unit, dropping by X% against the previous year. In general, the import price, however, posted a perceptible increase. The growth pace was the most rapid in 2015 when the average import price increased by X% against the previous year. As a result, import price attained the peak level of $X per unit. From 2016 to 2022, the average import prices failed to regain momentum.

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

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

Source: IndexBox Platform

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