Norway - Handtools, Hydraulic Or With A Self-Contained Non-Electric Motor - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Electric Motor Handtools Price in Norway - 2023
Contents:
- Non-Electric Motor Handtools Price in Norway (CIF) - 2022
- Non-Electric Motor Handtools Price in Norway (FOB) - 2022
- Non-Electric Motor Handtools Imports in Norway
- Non-Electric Motor Handtools Exports in Norway
Non-Electric Motor Handtools Price in Norway (CIF) - 2022
In 2022, the average non-electric motor handtools import price amounted to $172 per unit, increasing by 19% against the previous year. In general, the import price, however, showed a relatively flat trend pattern. The import price peaked at $205 per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.
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 Denmark ($634 per unit), while the price for Lithuania ($62 per unit) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+11.7%), while the prices for the other major suppliers experienced mixed trend patterns.
Non-Electric Motor Handtools Price in Norway (FOB) - 2022
In 2022, the average non-electric motor handtools export price amounted to $585 per unit, increasing by 79% against the previous year. In general, the export price continues to indicate a buoyant increase. The growth pace was the most rapid in 2018 when the average export price increased by 105% against the previous year. The export price peaked in 2022 and is expected to retain growth in the near future.
There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($2,918 per unit), while the average price for exports to Sweden ($130 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 Germany (+32.4%), while the prices for the other major destinations experienced more modest paces of growth.
Non-Electric Motor Handtools Imports in Norway
After three years of growth, supplies from abroad of handtools, hydraulic or with a self-contained non-electric motor decreased by -16.8% to 111K units in 2022. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +16.1% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +56.4% against 2019 indices. The most prominent rate of growth was recorded in 2021 when imports increased by 64% against the previous year. As a result, imports reached the peak of 134K units, and then dropped rapidly in the following year.
In value terms, non-electric motor handtools imports declined to $19M in 2022. The total import value increased at an average annual rate of +10.4% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 with an increase of 17% against the previous year. Over the period under review, imports hit record highs at $19M in 2021, and then dropped in the following year.
| Import of Non-Electric Motor Handtools in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 0.7 | 1.0 | 1.6 | 3.5 | 71.0% |
| Germany | 2.1 | 2.6 | 2.7 | 2.9 | 11.4% |
| United States | 2.1 | 2.5 | 3.3 | 2.7 | 8.7% |
| China | 2.2 | 2.5 | 2.9 | 2.7 | 7.1% |
| Sweden | 3.1 | 3.4 | 3.6 | 1.7 | -18.1% |
| Poland | N/A | 0.1 | 0.2 | 1.6 | 300.0% |
| United Kingdom | 0.7 | 1.0 | 0.8 | 1.2 | 19.7% |
| Lithuania | N/A | N/A | 0.2 | 0.6 | 200.0% |
| Taiwan (Chinese) | 0.5 | 0.6 | 0.5 | 0.1 | -41.5% |
| Others | 2.7 | 3.0 | 3.5 | 2.2 | -6.6% |
| Total | 14.3 | 16.7 | 19.3 | 19.2 | 10.3% |
Top Suppliers of Non-Electric Motor Handtools to Norway in 2022:
- China (27.8K units)
- United States (16.5K units)
- Germany (15.1K units)
- Poland (14.8K units)
- Lithuania (9.1K units)
- Sweden (9.0K units)
- Denmark (5.4K units)
- United Kingdom (5.2K units)
- Taiwan (Chinese) (1.2K units)
Non-Electric Motor Handtools Exports in Norway
In 2022, the amount of handtools, hydraulic or with a self-contained non-electric motor exported from Norway declined to 7.7K units, waning by -10.3% on the previous year. Overall, exports recorded a abrupt downturn. The growth pace was the most rapid in 2021 when exports increased by 14% against the previous year. Over the period under review, the exports attained the maximum at 9.6K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, non-electric motor handtools exports skyrocketed to $4.5M in 2022. Over the period under review, total exports indicated a strong increase from 2019 to 2022: its value increased at an average annual rate of +14.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +76.8% against 2020 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
| Export of Non-Electric Motor Handtools in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 292 | 933 | 769 | 2,469 | 103.7% |
| United Kingdom | 460 | 140 | 171 | 453 | -0.5% |
| Sweden | 543 | 489 | 490 | 392 | -10.3% |
| Finland | 241 | 217 | 346 | 224 | -2.4% |
| Singapore | 4.9 | 71.7 | 0.9 | 140 | 205.7% |
| Malaysia | N/A | N/A | 2.4 | 124 | 5066.7% |
| Poland | 3.6 | 13.6 | 41.6 | 60.7 | 156.4% |
| Canada | 696 | 5.2 | 187 | N/A | -48.2% |
| Others | 787 | 670 | 792 | 628 | -7.2% |
| Total | 3,026 | 2,540 | 2,798 | 4,491 | 14.1% |
Top Export Markets for Non-Electric Motor Handtools from Norway in 2022:
- Sweden (3009.0 units)
- Finland (1705.0 units)
- Denmark (846.0 units)
- Singapore (652.0 units)
- United Kingdom (375.0 units)
- Poland (348.0 units)
- Malaysia (273.0 units)
This report provides an in-depth analysis of the non-electric motor handtools 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 2030.
Product coverage:
- Prodcom 28241280 - Handtools, hydraulic or with a self-contained non-electric motor (excluding chainsaws)
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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