Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Norway - 2024
Contents:
- Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Norway (FOB) - 2022
- Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Norway (CIF) - 2022
- Exports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Norway
- Imports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Norway
Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Norway (FOB) - 2022
In 2022, the average export price for pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses amounted to $594 thousand per unit, rising by 34% against the previous year. Overall, the export price showed buoyant growth. The pace of growth was the most pronounced in 2017 when the average export price increased by 143% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.
There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Spain ($658 thousand per unit), while the average price for exports to Equatorial Guinea ($1.4 thousand 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 Spain (+3.2%), while the prices for the other major destinations experienced more modest paces of growth.
Price for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Norway (CIF) - 2022
The average import price for pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses stood at $393 thousand per unit in 2022, growing by 79% against the previous year. In general, the import price posted significant growth. The pace of growth was the most pronounced in 2021 when the average import price increased by 530% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Sweden ($414 thousand per unit) and Mexico ($414 thousand per unit), while the price for Finland ($395 thousand per unit) and France ($404 thousand per unit) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Mexico (+24.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Exports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Norway
In 2022, shipments abroad of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses decreased by -38.2% to 736 units, falling for the second year in a row after two years of growth. In general, exports showed a precipitous contraction. The growth pace was the most rapid in 2020 when exports increased by 4.8%. As a result, the exports attained the peak of 1.8K units. From 2021 to 2022, the growth of the exports of failed to regain momentum.
In value terms, exports of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses contracted sharply to $437M in 2022. Over the period under review, exports showed a abrupt contraction. The pace of growth was the most pronounced in 2021 with an increase of 17%. The exports peaked at $547M in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
| Export of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| South Korea | 107 | 96.1 | 106 | 99.2 | -2.5% |
| China | 129 | 111 | 113 | 85.3 | -12.9% |
| United States | 35.2 | 10.6 | 68.4 | 34.6 | -0.6% |
| Netherlands | 33.2 | 32.8 | 41.9 | 26.1 | -7.7% |
| Vietnam | 22.1 | 19.1 | 19.0 | 26.0 | 5.6% |
| Japan | 66.2 | 45.6 | 45.7 | 25.6 | -27.1% |
| Singapore | 25.6 | 35.5 | 27.3 | 19.0 | -9.5% |
| Angola | 11.6 | 7.6 | 6.2 | 15.0 | 8.9% |
| Denmark | 8.8 | 9.3 | 14.2 | 14.2 | 17.3% |
| United Arab Emirates | 0.9 | 1.7 | 2.6 | 14.2 | 150.8% |
| United Kingdom | 20.8 | 13.8 | 15.8 | 12.9 | -14.7% |
| Spain | 7.9 | 2.2 | 1.4 | 9.9 | 7.8% |
| Brunei Darussalam | 2.2 | N/A | N/A | N/A | 0% |
| Others | 76.7 | 64.8 | 64.9 | 55.2 | -10.4% |
| Total | 547 | 450 | 527 | 437 | -7.2% |
Top Export Markets for Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators from Norway in 2022:
- South Korea (151.0 units)
- China (130.0 units)
- United States (53.0 units)
- Netherlands (40.0 units)
- Vietnam (40.0 units)
- Japan (39.0 units)
- Singapore (29.0 units)
- Angola (23.0 units)
- Denmark (22.0 units)
- United Arab Emirates (22.0 units)
- United Kingdom (20.0 units)
- Spain (15.0 units)
- Brunei Darussalam (1.0 units)
Imports of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Norway
In 2022, overseas purchases of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses decreased by -44.8% to 910 units, falling for the second consecutive year after two years of growth. Overall, imports recorded a dramatic shrinkage. The most prominent rate of growth was recorded in 2020 when imports increased by 5.1%. As a result, imports attained the peak of 9.6K units. From 2021 to 2022, the growth of imports of remained at a lower figure.
In value terms, imports of pumps; for liquids, whether or not fitted with measuring device, liquid elevatorses reduced slightly to $357M in 2022. Over the period under review, imports, however, continue to indicate a slight increase. The most prominent rate of growth was recorded in 2021 when imports increased by 8.7%. As a result, imports reached the peak of $361M, and then dropped in the following year.
| Import of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 93.9 | 84.1 | 89.4 | 91.3 | -0.9% |
| United States | 37.4 | 45.6 | 34.1 | 33.8 | -3.3% |
| Sweden | 26.8 | 26.6 | 30.1 | 30.2 | 4.1% |
| Mexico | 3.4 | 3.4 | 20.6 | 28.6 | 103.4% |
| United Kingdom | 48.3 | 34.4 | 30.2 | 28.0 | -16.6% |
| Italy | 18.8 | 21.9 | 23.2 | 27.7 | 13.8% |
| Denmark | 25.8 | 25.3 | 27.4 | 23.5 | -3.1% |
| Netherlands | 17.5 | 16.4 | 18.7 | 13.2 | -9.0% |
| France | 6.9 | 8.2 | 7.2 | 8.9 | 8.9% |
| China | 5.8 | 7.2 | 9.8 | 8.6 | 14.0% |
| Hungary | 5.6 | 6.6 | 8.2 | 8.3 | 14.0% |
| Poland | 3.3 | 4.0 | 4.3 | 6.1 | 22.7% |
| Spain | 7.9 | 6.9 | 4.5 | 5.3 | -12.5% |
| Others | 45.7 | 41.8 | 53.4 | 44.0 | -1.3% |
| Total | 347 | 332 | 361 | 357 | 1.0% |
Top Suppliers of Pumps; for Liquids, Whether or Not Fitted with Measuring Device, Liquid Elevators to Norway in 2022:
- Germany (221.0 units)
- United States (82.0 units)
- Sweden (73.0 units)
- Mexico (69.0 units)
- United Kingdom (68.0 units)
- Italy (67.0 units)
- Denmark (57.0 units)
- Netherlands (32.0 units)
- France (22.0 units)
- China (21.0 units)
- Hungary (20.0 units)
- Poland (15.0 units)
- Spain (13.0 units)
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