Norway: Harvesting Machinery Market 2024

Harvesting Machinery Market Size in Norway

The Norwegian harvesting machinery market fell to $X in 2022, dropping 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). In general, consumption, however, showed a relatively flat trend pattern. Harvesting machinery consumption peaked at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Harvesting Machinery Exports

Exports from Norway

In 2022, exports of root or tuber harvesting machines from Norway soared to X units, rising by X% on the year before. Over the period under review, exports recorded a measured increase. The pace of growth appeared the most rapid in 2015 when exports increased by X%. The exports peaked at X units in 2020; however, from 2021 to 2022, the exports stood at a somewhat lower figure.

In value terms, harvesting machinery exports reached $X in 2022. Overall, exports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2015 with an increase of X%. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

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

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

In value terms, the largest markets for harvesting machinery exported from Norway were Poland ($X), Denmark ($X) and Sweden ($X), with a combined X% share of total exports.

In terms of the main countries of destination, Poland, with a CAGR of X%, saw 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 2022, the average harvesting machinery export price amounted to $X per unit, with a decrease of X% against the previous year. Overall, the export price saw a abrupt decline. The pace of growth appeared the most rapid in 2014 when the average export price increased by X%. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per unit), while the average price for exports to the UK ($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 France (X%), while the prices for the other major destinations experienced mixed trend patterns.

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Harvesting Machinery Imports

Imports into Norway

In 2022, overseas purchases of root or tuber harvesting machines increased by X% to X units, rising for the third consecutive year after three years of decline. Overall, total imports indicated pronounced growth 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. Based on 2022 figures, imports increased by X% against 2019 indices. The most prominent rate of growth was recorded in 2014 with an increase of X%. As a result, imports attained the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, harvesting machinery imports reduced to $X in 2022. Over the period under review, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 with an increase of X% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Germany (X units), Belgium (X units) and Denmark (X units) were the main suppliers of harvesting machinery imports to Norway, together accounting for X% of total imports.

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

In value terms, the largest harvesting machinery suppliers to Norway were Germany ($X), Belgium ($X) and Denmark ($X), together accounting for X% of total imports. The Netherlands, the UK, China and France lagged somewhat behind, together comprising a further X%.

China, with a CAGR of X%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average harvesting machinery import price amounted to $X per unit, reducing by X% against the previous year. In general, the import price recorded a noticeable curtailment. The pace of growth appeared the most rapid in 2021 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the Netherlands ($X per unit), while the price for France ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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