Price for Milking Machines and Dairy Machinery in Norway - 2023

Contents:

  1. Price for Milking Machines and Dairy Machinery in Norway (CIF) - 2022
  2. Price for Milking Machines and Dairy Machinery in Norway (FOB) - 2022
  3. Imports of Milking Machines and Dairy Machinery in Norway
  4. Exports of Milking Machines and Dairy Machinery in Norway

Price for Milking Machines and Dairy Machinery in Norway (CIF) - 2022

In 2022, the average import price for milking machines and dairy machineries amounted to $7,554 per unit, surging by 16% against the previous year. In general, import price indicated a buoyant increase from 2012 to 2022: its price increased at an average annual rate of +6.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, milking machines and dairy machinery import price increased by +83.0% against 2018 indices. The growth pace was the most rapid in 2013 when the average import price increased by 70%. The import price peaked in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($10,662 per unit), while the price for Sweden ($6,635 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Germany (+13.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Milking Machines and Dairy Machinery in Norway (FOB) - 2022

The average export price for milking machines and dairy machineries stood at $3,033 per unit in 2022, increasing by 61% against the previous year. In general, the export price posted a pronounced increase. The most prominent rate of growth was recorded in 2017 when the average export price increased by 142%. Over the period under review, the average export prices hit record highs at $3,753 per unit in 2015; however, from 2016 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 the Netherlands ($12,523 per unit), while the average price for exports to Poland ($303 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 Sweden (+17.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Milking Machines and Dairy Machinery in Norway

Milking machines and dairy machinery imports into Norway fell significantly to 3.6K units in 2022, shrinking by -36.5% compared with the year before. In general, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of 38%. As a result, imports reached the peak of 5.7K units, and then fell remarkably in the following year.

In value terms, milking machines and dairy machinery imports dropped rapidly to $27M in 2022. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when imports increased by 49% against the previous year. As a result, imports attained the peak of $37M, and then contracted rapidly in the following year.

Import of Milking Machines and Dairy Machinery in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands10.36.610.08.4-6.6%
Sweden8.15.88.88.20.4%
Denmark5.16.23.55.84.4%
RomaniaN/AN/AN/A1.20%
Germany1.81.79.81.2-12.6%
Italy0.20.50.30.751.8%
Others1.83.84.21.7-1.9%
Total27.424.636.727.1-0.4%

Top Suppliers of Milking Machines and Dairy Machinery to Norway in 2022:

  1. Sweden (1235.0 units)
  2. Netherlands (1062.0 units)
  3. Denmark (718.0 units)
  4. Romania (141.0 units)
  5. Germany (111.0 units)
  6. Italy (71.0 units)

Exports of Milking Machines and Dairy Machinery in Norway

In 2022, the amount of milking machines and dairy machineries exported from Norway declined dramatically to 173 units, reducing by -37.8% against the year before. Over the period under review, exports showed a sharp reduction. The most prominent rate of growth was recorded in 2021 with an increase of 2.6% against the previous year. The exports peaked at 398 units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, milking machines and dairy machinery exports stood at $525K in 2022. Overall, exports showed a abrupt contraction. The most prominent rate of growth was recorded in 2020 when exports increased by 6%. As a result, the exports attained the peak of $869K. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Export of Milking Machines and Dairy Machinery in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Netherlands15431387.01917.4%
Denmark34377.0238179-19.5%
Sweden25.023.926.670.040.9%
Finland27.91.21.660.529.4%
GambiaN/AN/AN/A5.50%
Germany9.33654.71.1-50.9%
PolandN/AN/AN/A0.90%
Others26188.916517.9-59.1%
Total820869524525-13.8%

Top Export Markets for Milking Machines and Dairy Machinery from Norway in 2022:

  1. Denmark (132.0 units)
  2. Netherlands (15.0 units)
  3. Sweden (7.0 units)
  4. Gambia (6.0 units)
  5. Finland (6.0 units)
  6. Poland (3.0 units)

Source: IndexBox Market Intelligence Platform

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