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Norway - Motor Vehicles Compression-Ignition Internal Combustion Piston Engines - Market Analysis, Forecast, Size, Trends and Insights
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Norway: Internal Combustion Engines Market Overview 2021

Internal Combustion Engines Market Size in Norway

In 2020, the Norwegian internal combustion engines market increased by X% to $X, rising for the second consecutive year after five years of decline. In general, consumption, however, recorded a noticeable downturn. Over the period under review, the market hit record highs at $X in 2007; however, from 2008 to 2020, consumption remained at a lower figure.

Internal Combustion Engines Production in Norway

In value terms, internal combustion engines production surged to $X in 2020 estimated in export prices. In general, production, however, showed a pronounced curtailment. Over the period under review, production hit record highs at $X in 2007; however, from 2008 to 2020, production remained at a lower figure.

Internal Combustion Engines Exports

Exports from Norway

In 2020, shipments abroad of motor vehicles compression-ignition internal combustion piston engines increased by X% to X units, rising for the second consecutive year after two years of decline. Over the period under review, exports saw a resilient increase. The most prominent rate of growth was recorded in 2009 with an increase of X% year-to-year. Over the period under review, exports attained the peak figure at X units in 2016; however, from 2017 to 2020, exports remained at a lower figure.

In value terms, internal combustion engines exports reduced to $X in 2020. In general, exports posted a remarkable increase. The most prominent rate of growth was recorded in 2009 when exports increased by X% y-o-y. Exports peaked at $X in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

Exports by Country

Nigeria (X units) was the main destination for internal combustion engines exports from Norway, with a X% share of total exports. Moreover, internal combustion engines exports to Nigeria exceeded the volume sent to the second major destination, Germany (X units), twofold. Togo (X units) ranked third in terms of total exports with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of volume to Nigeria amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+X% per year) and Togo (+X% per year).

In value terms, the largest markets for internal combustion engines exported from Norway were Germany ($X), Sweden ($X) and Nigeria ($X), together accounting for X% of total exports. These countries were followed by France, Iraq, Lithuania, Ghana, Togo, Syrian Arab Republic, Sudan, the Netherlands and Gambia, which together accounted for a further X (+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

The average internal combustion engines export price stood at $X per unit in 2020, reducing by -X% against the previous year. Overall, the export price saw a abrupt setback. The growth pace was the most rapid in 2018 when the average export price increased by X% year-to-year. Over the period under review, average export prices hit record highs at $X per unit in 2007; however, from 2008 to 2020, export prices failed to regain the momentum.

Prices varied noticeably by the country of destination; the country with the highest price was Sweden ($X per unit), while the average price for exports to Togo ($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 France, while the prices for the other major destinations experienced mixed trend patterns.

Internal Combustion Engines Imports

Imports into Norway

In 2020, approx. X units of motor vehicles compression-ignition internal combustion piston engines were imported into Norway; falling by -X% compared with 2019. In general, imports recorded a deep reduction. The growth pace was the most rapid in 2010 when imports increased by X% year-to-year. Over the period under review, imports attained the peak figure at X units in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

In value terms, internal combustion engines imports plummeted to $X in 2020. Over the period under review, imports continue to indicate a deep contraction. The pace of growth appeared the most rapid in 2010 when imports increased by X% year-to-year. Imports peaked at $X in 2012; however, from 2013 to 2020, imports failed to regain the momentum.

Imports by Country

Sweden (X units), Germany (X units) and France (X units) were the main suppliers of internal combustion engines imports to Norway, with a combined X% share of total imports. These countries were followed by the UK, the Netherlands, Denmark, Poland, Japan, Lithuania and Italy, which together accounted for a further X 2007 to 2020, the biggest increases were in Lithuania, while purchases for the other leaders experienced mixed trend patterns.

In value terms, Germany ($X), Sweden ($X) and France ($X) appeared to be the largest internal combustion engines suppliers to Norway, together accounting for X% of total imports. The Netherlands, the UK, Poland, Denmark, Italy, Japan and Lithuania lagged somewhat behind, together comprising a further X terms of the main suppliers, Lithuania recorded the highest rates of growth with regard to the value of imports, 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 internal combustion engines import price amounted to $X per unit, picking up by X% against the previous year. Over the period under review, import price indicated noticeable growth from 2007 to 2020: its price increased at an average annual rate of +X% over the last thirteen-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per unit), while the price for Lithuania ($X per unit) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Poland, 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 motor vehicles compression-ignition internal combustion piston engines in the world?
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The countries with the highest volumes of internal combustion engines consumption in 2020 were China (9.3M units), the U.S. (5.3M units) and India (3.8M units), together comprising 56% of global consumption. Germany, the UK, Mexico, Turkey, France, South Korea, Thailand, Spain and Austria lagged somewhat behind, together accounting for a further 26%.
What are the largest producers of motor vehicles compression-ignition internal combustion piston engines in the world?
+
The countries with the highest volumes of internal combustion engines production in 2020 were China (9.4M units), the U.S. (5.5M units) and India (3.9M units), together accounting for 56% of global production. Germany, the UK, Mexico, France, South Korea, Turkey, Thailand, Austria, Poland and Spain lagged somewhat behind, together comprising a further 28%.
What are the leading suppliers of motor vehicles compression-ignition internal combustion piston engines to Norway?
+
In value terms, the largest internal combustion engines suppliers to Norway were Germany ($2.9M), Sweden ($2.6M) and France ($472K), together accounting for 84% of total imports. The Netherlands, the UK, Poland, Denmark, Italy, Japan and Lithuania lagged somewhat behind, together accounting for a further 12%.
What are the leading importers of motor vehicles compression-ignition internal combustion piston engines from Norway?
+
In value terms, Germany ($547K), Sweden ($484K) and Nigeria ($126K) appeared to be the largest markets for internal combustion engines exported from Norway worldwide, together comprising 71% of total exports. These countries were followed by France, Iraq, Lithuania, Ghana, Togo, Syrian Arab Republic, Sudan, the Netherlands and Gambia, which together accounted for a further 19%.
What is the average export price for motor vehicles compression-ignition internal combustion piston engines in Norway?
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The average internal combustion engines export price stood at $2,239 per unit in 2020, shrinking by -18.8% against the previous year.
What is the average import price for motor vehicles compression-ignition internal combustion piston engines in Norway?
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In 2020, the average internal combustion engines import price amounted to $11,526 per unit, rising by 37% against the previous year.

Product coverage:
• Prodcom 29101300 - Vehicle compression-ignition internal combustion piston engines (diesel or semi-diesel) (excluding for railway or tramway rolling stock)

This report provides an in-depth analysis of the internal combustion engines 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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