Norway - Electric Smoothing Irons - Market Analysis, Forecast, Size, Trends and Insights
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View PricingSmoothing Iron Price in Norway - 2023
Contents:
- Smoothing Iron Price in Norway (CIF) - 2023
- Smoothing Iron Price in Norway (FOB) - 2023
- Smoothing Iron Imports in Norway
- Smoothing Iron Exports in Norway
Smoothing Iron Price in Norway (CIF) - 2023
In August 2023, the average smoothing iron import price amounted to $44.5 per unit, leveling off at the previous month. Overall, import price indicated a mild expansion from August 2022 to August 2023: its price increased at an average monthly rate of +1.9% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, smoothing iron import price increased by +69.5% against March 2023 indices. The most prominent rate of growth was recorded in October 2022 when the average import price increased by 65% against the previous month. The import price peaked at $48.6 per unit in January 2023; however, from February 2023 to August 2023, import prices stood at a somewhat lower figure.
There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Indonesia ($69.3 per unit), while the price for Sweden ($38.7 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Sweden (+4.0%), while the prices for the other major suppliers experienced more modest paces of growth.
Smoothing Iron Price in Norway (FOB) - 2023
In August 2023, the average smoothing iron export price amounted to $21.9 per unit, surging by 3.7% against the previous month. In general, the export price, however, saw a abrupt curtailment. The pace of growth appeared the most rapid in March 2023 an increase of 37% month-to-month. The export price peaked at $90.1 per unit in August 2022; however, from September 2022 to August 2023, the export prices remained at a lower figure.
Average prices varied somewhat for the major foreign markets. In August 2023, the country with the highest price was Germany ($23.4 per unit), while the average price for exports to Sweden ($17.5 per unit) was amongst the lowest.
From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+4.5%), while the prices for the other major destinations experienced a decline.
Smoothing Iron Imports in Norway
In 2022, the amount of electric smoothing irons imported into Norway surged to 192K units, jumping by 42% compared with the year before. In general, total imports indicated a perceptible increase from 2019 to 2022: its volume increased at an average annual rate of +2.9% 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 +47.2% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.
In value terms, smoothing iron imports rose remarkably to $5.5M in 2022. Overall, imports, however, saw a noticeable curtailment. The most prominent rate of growth was recorded in 2021 when imports increased by 15% against the previous year. Imports peaked at $6.2M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.
Import of Smoothing Iron in Norway (Million USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
China | 4.5 | 3.2 | 3.1 | 3.5 | -8.0% |
Indonesia | 0.8 | 0.7 | 0.8 | 0.9 | 4.0% |
France | 0.2 | 0.2 | 0.7 | 0.3 | 14.5% |
Turkey | N/A | N/A | N/A | 0.1 | 0% |
Sweden | 0.1 | 0.1 | 0.1 | 0.1 | 0.0% |
Others | 0.6 | 0.4 | 0.5 | 0.5 | -5.9% |
Total | 6.2 | 4.6 | 5.2 | 5.5 | -3.9% |
Top Suppliers of Smoothing Iron to Norway in 2022:
- China (117.4K units)
- Indonesia (16.0K units)
- Turkey (8.5K units)
- France (5.1K units)
- Sweden (2.6K units)
Smoothing Iron Exports in Norway
In 2022, shipments abroad of electric smoothing irons was finally on the rise to reach 13K units after two years of decline. In general, exports, however, recorded a abrupt downturn. Over the period under review, the exports reached the maximum at 24K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
In value terms, smoothing iron exports soared to $355K in 2022. Over the period under review, exports, however, recorded a abrupt contraction. The exports peaked at $418K in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Export of Smoothing Iron in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Germany | 8.4 | 15.4 | 30.5 | 202 | 188.6% |
Switzerland | N/A | N/A | N/A | 45.2 | 0% |
Czech Republic | 2.5 | 2.8 | 0.2 | 32.2 | 134.4% |
Sweden | 154 | 33.9 | 40.1 | 22.1 | -47.6% |
Hong Kong SAR | N/A | N/A | N/A | 9.9 | 0% |
United Kingdom | 17.6 | 1.4 | N/A | 7.2 | -25.8% |
Serbia | 0.3 | N/A | N/A | 4.8 | 152.0% |
Russia | 54.1 | 38.2 | 55.7 | 1.7 | -68.4% |
Denmark | 163 | 58.2 | 0.1 | N/A | -97.5% |
Others | 18.2 | 23.0 | 18.7 | 30.2 | 18.4% |
Total | 418 | 173 | 145 | 355 | -5.3% |
Top Export Markets for Smoothing Iron from Norway in 2022:
- Switzerland (1.8K units)
- Germany (1.6K units)
- Czech Republic (1.3K units)
- Serbia (0.5K units)
- Sweden (0.5K units)
- United Kingdom (0.3K units)
- Hong Kong SAR (0.2K units)
- Russia (0.1K units)
This report provides an in-depth analysis of the smoothing iron 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 27512370 - Electric smoothing irons
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
-
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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