Norway: Non-Electric Bakery Oven Market 2022

Non-Electric Bakery Oven Market Size in Norway

The Norwegian non-electric bakery oven market soared to $X in 2021, 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 enjoyed buoyant growth. Non-electric bakery oven consumption peaked at $X in 2019; afterwards, it flattened through to 2021.

Non-Electric Bakery Oven Exports

Exports from Norway

In 2021, overseas shipments of non-electric bakery ovens were finally on the rise to reach X units for the first time since 2018, thus ending a two-year declining trend. Overall, exports, however, showed a drastic downturn. Over the period under review, the exports attained the peak figure at X units in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

In value terms, non-electric bakery oven exports skyrocketed to $X in 2021. Over the period under review, exports, however, continue to indicate a deep reduction. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2021, the exports failed to regain momentum.

Exports by Country

The Netherlands (X units) was the main destination for non-electric bakery oven exports from Norway, accounting for a X% share of total exports. Moreover, non-electric bakery oven exports to the Netherlands exceeded the volume sent to the second major destination, Ghana (X units), threefold.

From 2012 to 2021, the average annual growth rate of volume to the Netherlands amounted to -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Ghana (X% per year) and Italy (X% per year).

In value terms, the largest markets for non-electric bakery oven exported from Norway were the Netherlands ($X), Italy ($X) and Ghana ($X), together comprising X% of total exports.

In terms of the main countries of destination, Italy, with a CAGR of +X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

In 2021, the average non-electric bakery oven export price amounted to $X per unit, with a decrease of -X% against the previous year. In general, the export price saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average export price increased by X%. The export price peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Italy ($X per unit), while the average price for exports to Ghana ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (-X%), while the prices for the other major destinations experienced a decline.

Non-Electric Bakery Oven Imports

Imports into Norway

Non-electric bakery oven imports into Norway soared to X units in 2021, picking up by X% against 2020. Over the period under review, imports posted significant growth. The pace of growth appeared the most rapid in 2015 with an increase of X%. Imports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, non-electric bakery oven imports expanded sharply to $X in 2021. In general, imports recorded a resilient increase. The pace of growth appeared the most rapid in 2014 with an increase of X%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

Slovenia (X units), the Netherlands (X units) and Italy (X units) were the main suppliers of non-electric bakery oven imports to Norway, with a combined X% share of total imports.

From 2012 to 2021, the biggest increases were in the Netherlands (with a CAGR of +X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Slovenia ($X) and the Netherlands ($X) appeared to be the largest non-electric bakery oven suppliers to Norway, together comprising X% of total imports.

The Netherlands, with a CAGR of +X%, recorded the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-electric bakery oven import price stood at $X per unit in 2021, waning by -X% against the previous year. In general, the import price continues to indicate a abrupt downturn. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. As a result, import price reached the peak level of $X per unit. From 2015 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform