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Norway - Non-Electric Industrial Or Laboratory Furnaces And Ovens - Market Analysis, Forecast, Size, Trends And Insights
Update: COVID-19 Impact

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Norway: Non-Electric Industrial Furnace Market Overview 2020

Non-Electric Industrial Furnace Market Size in Norway

The revenue of the non-electric industrial furnace market in Norway amounted to $X in 2018, growing by X% against the previous year. Over the period under review, non-electric industrial furnace consumption continues to indicate a moderate contraction. The pace of growth was the most pronounced in 2008 with an increase of X% against the previous year. Non-electric industrial furnace consumption peaked at $X in 2010; however, from 2011 to 2018, consumption stood at a somewhat lower figure.

Non-Electric Industrial Furnace Production in Norway

In value terms, non-electric industrial furnace production amounted to $X in 2018 estimated in export prices. In general, non-electric industrial furnace production, however, continues to indicate a deep decrease. The growth pace was the most rapid in 2015 when production volume increased by X% against the previous year. Non-electric industrial furnace production peaked at $X in 2009; however, from 2010 to 2018, production failed to regain its momentum.

Non-Electric Industrial Furnace Exports

Exports from Norway

In 2018, the amount of non-electric industrial or laboratory furnaces and ovens exported from Norway amounted to X tonnes, going up by X% against the previous year. In general, non-electric industrial furnace exports, however, continue to indicate a drastic contraction. The pace of growth was the most pronounced in 2018 with an increase of X% y-o-y. Exports peaked at X tonnes in 2007; however, from 2008 to 2018, exports remained at a lower figure.

In value terms, non-electric industrial furnace exports amounted to $X in 2018. Overall, non-electric industrial furnace exports, however, continue to indicate an abrupt downturn. The growth pace was the most rapid in 2011 with an increase of X% y-o-y. Exports peaked at $X in 2007; however, from 2008 to 2018, exports remained at a lower figure.

Exports by Country

Belgium (X tonnes), Ukraine (X tonnes) and Singapore (X tonnes) were the main destinations of non-electric industrial furnace exports from Norway, together accounting for X% of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Belgium, while exports for the other leaders experienced more modest paces of growth.

In value terms, Romania ($X), the U.S. ($X) and the Netherlands ($X) were the largest markets for non-electric industrial furnace exported from Norway worldwide, with a combined X% share of total exports. These countries were followed by Russia, South Korea, Viet Nam, Singapore, Turkey, Canada, Ukraine, Belgium and Austria, which together accounted for a further X the main countries of destination, Viet Nam recorded the highest rates of growth with regard to market size, over the period under review, while exports for the other leaders experienced a decline.

Export Prices by Country

The average non-electric industrial furnace export price stood at $X per tonne in 2018, picking up by X% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2008 an increase of X% y-o-y. Over the period under review, the average export prices for non-electric industrial or laboratory furnaces and ovens attained their maximum at $X per tonne in 2013; however, from 2014 to 2018, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major foreign markets. In 2018, the country with the highest price was Romania ($X per tonne), while the average price for exports to Austria ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Romania, while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Industrial Furnace Imports

Imports into Norway

In 2018, the amount of non-electric industrial or laboratory furnaces and ovens imported into Norway stood at X tonnes, falling by -X% against the previous year. Over the period under review, non-electric industrial furnace imports continue to indicate a deep slump. The most prominent rate of growth was recorded in 2014 with an increase of X% y-o-y. Over the period under review, non-electric industrial furnace imports reached their maximum at X tonnes in 2007; however, from 2008 to 2018, imports remained at a lower figure.

In value terms, non-electric industrial furnace imports stood at $X in 2018. In general, non-electric industrial furnace imports continue to indicate a drastic decline. The pace of growth appeared the most rapid in 2014 with an increase of X% y-o-y. Imports peaked at $X in 2008; however, from 2009 to 2018, imports failed to regain their momentum.

Imports by Country

In 2018, China (X tonnes) constituted the largest supplier of non-electric industrial furnace to Norway, accounting for a X% share of total imports. Moreover, non-electric industrial furnace imports from China exceeded the figures recorded by the second-largest supplier, Ireland (X tonnes), fourfold. The third position in this ranking was occupied by Denmark (X tonnes), with a X% share.

From 2007 to 2018, the average annual growth rate of volume from China amounted to -X%. The remaining supplying countries recorded the following average annual rates of imports growth: Ireland (+X% per year) and Denmark (-X% per year).

In value terms, the largest non-electric industrial furnace suppliers to Norway were Italy ($X), the U.S. ($X) and the UK ($X), with a combined X% share of total imports. These countries were followed by Thailand, Germany, the Netherlands, Spain, Denmark, China, Belgium, Ireland and Turkey, which together accounted for a further X (+X% per year) recorded the highest growth rate of market size, among the main suppliers over the period under review, while imports for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2018, the average non-electric industrial furnace import price amounted to $X per tonne, going up by X% against the previous year. In general, the import price indicated a strong increase from 2007 to 2018: its price increased at an average annual rate of +X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2018 figures, non-electric industrial furnace import price increased by +X% against 2016 indices. The pace of growth appeared the most rapid in 2008 when the average import price increased by X% against the previous year. In that year, the average import prices for non-electric industrial or laboratory furnaces and ovens reached their peak level of $X per tonne. From 2009 to 2018, the growth in terms of the average import prices for non-electric industrial or laboratory furnaces and ovens remained at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2018, the country with the highest price was the UK ($X per tonne), while the price for Ireland ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Thailand (+X% per year), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 28211270 - Industrial or laboratory furnaces and ovens, non-electric, i ncluding incinerators (excluding those for the roasting, m elting or other heat treatment of ores, pyrites or metals, b akery ovens, drying ovens and ovens for cracking operations)

This report provides an in-depth analysis of the non-electric industrial furnace 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 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
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 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
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, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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