Norway: Microphone Market 2024

Microphone Market Size in Norway

In 2022, after eight years of growth, there was significant decline in the Norwegian microphone market, when its value decreased by X% to $X. Over the period under review, consumption, however, enjoyed prominent growth. Microphone consumption peaked at $X in 2021, and then declined notably in the following year.

Microphone Exports

Exports from Norway

In 2022, approx. X units of microphones and their stands were exported from Norway; which is down by X% on the year before. In general, total exports indicated a buoyant expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2013 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at X units in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, microphone exports shrank rapidly to $X in 2022. Over the period under review, exports, however, saw a remarkable increase. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the exports reached the maximum at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

Exports by Country

Sweden (X units) was the main destination for microphone exports from Norway, accounting for a X% share of total exports. Moreover, microphone exports to Sweden exceeded the volume sent to the second major destination, Denmark (X units), ninefold. The third position in this ranking was held by the United States (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (X% per year) and the United States (X% per year).

In value terms, Sweden ($X), the United States ($X) and Finland ($X) were the largest markets for microphone exported from Norway worldwide, together comprising X% of total exports. The UK, Singapore, Denmark, the Czech Republic, Germany, Portugal and Turkey lagged somewhat behind, together comprising a further X%.

Portugal, with a CAGR of X%, recorded the highest rates of growth with regard to the value of exports, among 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

The average microphone export price stood at $X per unit in 2022, falling by X% against the previous year. Overall, export price indicated tangible growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, microphone export price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2015 an increase of X%. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (X%), while the prices for the other major destinations experienced more modest paces of growth.

Microphone Imports

Imports into Norway

After two years of growth, overseas purchases of microphones and their stands decreased by X% to X units in 2022. Overall, imports, however, recorded a prominent expansion. The pace of growth was the most pronounced in 2017 with an increase of X% against the previous year. Imports peaked at X units in 2021, and then dropped in the following year.

In value terms, microphone imports declined markedly to $X in 2022. Over the period under review, imports, however, posted resilient growth. The growth pace was the most rapid in 2017 with an increase of X%. Imports peaked at $X in 2021, and then shrank notably in the following year.

Imports by Country

China (X units), Taiwan (Chinese) (X units) and Germany (X units) were the main suppliers of microphone imports to Norway, with a combined X% share of total imports. Australia, Sweden, the United States, Morocco, Japan and Mexico lagged somewhat behind, together accounting for a further X%.

From 2012 to 2022, the biggest increases were recorded for Morocco (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of microphones and their stands to Norway, comprising X% of total imports. The second position in the ranking was taken by Germany ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

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

Import Prices by Country

In 2022, the average microphone import price amounted to $X per unit, dropping by X% against the previous year. Overall, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, microphone import price decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2019 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 2020 to 2022, 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 Mexico ($X per unit), while the price for Morocco ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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