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Norway - Tools, hand; sets, of articles of two or more of the foregoing items - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNorway: Market for Tools, hand; sets, of articles of two or more of the foregoing items 2024
Market Size for Tools, hand; sets, of articles of two or more of the foregoing items in Norway
In 2023, the Norwegian market for tools, hand; sets, of articles of two or more of the foregoing itemses decreased by X% to $X,987.4B for the first time since 2020, thus ending a two-year rising trend. In general, consumption, however, recorded a perceptible reduction. Consumption of peaked at $X,349.6B in 2012; however, from 2013 to 2023, consumption failed to regain momentum.
Production of Tools, hand; sets, of articles of two or more of the foregoing items in Norway
In value terms, production of tools, hand; sets, of articles of two or more of the foregoing itemses declined markedly to $X,405.1B in 2023 estimated in export price. Over the period under review, production, however, showed a perceptible contraction. The pace of growth appeared the most rapid in 2014 with an increase of X%. Over the period under review, production of tools, hand; sets, of articles of two or more of foregoing itemses hit record highs at $X,723.2B in 2012; however, from 2013 to 2023, production failed to regain momentum.
Exports of Tools, hand; sets, of articles of two or more of the foregoing items
Exports from Norway
After two years of decline, overseas shipments of tools, hand; sets, of articles of two or more of the foregoing itemses increased by X% to X tons in 2023. In general, exports recorded noticeable growth. Over the period under review, the exports of tools, hand; sets, of articles of two or more of foregoing itemses hit record highs at X tons in 2018; however, from 2019 to 2023, the exports remained at a lower figure.
In value terms, exports of tools, hand; sets, of articles of two or more of the foregoing itemses skyrocketed to $X in 2023. Over the period under review, exports showed a relatively flat trend pattern. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
Exports by Country
Denmark (X tons), Sweden (X tons) and the UK (X tons) were the main destinations of exports of tools, hand; sets, of articles of two or more of the foregoing itemses from Norway, with a combined X% share of total exports. Italy, Germany, Greece, Azerbaijan, France, Poland, Angola, the United States, Finland and Estonia lagged somewhat behind, together accounting for a further X%.
From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Greece (with a CAGR of X%), while the other leaders experienced more modest paces of growth.
In value terms, Sweden ($X), Denmark ($X) and Germany ($X) constituted the largest markets for tools, hand; sets, of articles of two or more of the foregoing items exported from Norway worldwide, together comprising X% of total exports. The UK, France, Angola, Italy, Azerbaijan, the United States, Greece, Poland, Finland and Estonia lagged somewhat behind, together comprising a further X%.
Greece, with a CAGR of X%, recorded the highest growth rate of the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2023, the average export price for tools, hand; sets, of articles of two or more of the foregoing itemses amounted to $X per ton, which is down by X% against the previous year. In general, the export price recorded a noticeable curtailment. The most prominent rate of growth was recorded in 2022 when the average export price increased by X%. As a result, the export price attained the peak level of $X per ton, and then reduced sharply in the following year.
There were significant differences in the average prices for the major foreign markets. In 2023, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to Denmark ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Tools, hand; sets, of articles of two or more of the foregoing items
Imports into Norway
In 2023, the amount of tools, hand; sets, of articles of two or more of the foregoing itemses imported into Norway rose modestly to X tons, growing by X% on the previous year. Over the period under review, imports, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 with an increase of X%. As a result, imports reached the peak of X tons. From 2017 to 2023, the growth of imports of remained at a lower figure.
In value terms, imports of tools, hand; sets, of articles of two or more of the foregoing itemses totaled $X in 2023. In general, imports, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X%. As a result, imports reached the peak of $X. From 2014 to 2023, the growth of imports of remained at a lower figure.
Imports by Country
China (X tons), Sweden (X tons) and Taiwan (Chinese) (X tons) were the main suppliers of imports of tools, hand; sets, of articles of two or more of the foregoing itemses to Norway, with a combined X% share of total imports. The UK, the Netherlands, Denmark, Germany, Poland, Turkey, Greece, Italy, Spain and the United States lagged somewhat behind, together accounting for a further X%.
From 2012 to 2023, the biggest increases were recorded for Turkey (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.
In value terms, Sweden ($X), China ($X) and Taiwan (Chinese) ($X) were the largest tools, hand; sets, of articles of two or more of the foregoing items suppliers to Norway, with a combined X% share of total imports. Germany, the UK, Denmark, the Netherlands, the United States, Poland, Greece, Italy, Turkey and Spain lagged somewhat behind, together accounting for a further X%.
Turkey, with a CAGR of X%, saw 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
The average import price for tools, hand; sets, of articles of two or more of the foregoing itemses stood at $X per ton in 2023, with an increase of X% against the previous year. In general, the import price recorded a relatively flat trend pattern. The growth pace was the most rapid in 2020 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2021 to 2023, the average import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was the United States ($X per ton), while the price for Turkey ($X per ton) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Greece (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the market for tools, hand; sets, of articles of two or more of the foregoing items 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 25733087 - Anvils, portable forges, hand or pedal-operated grinding wheels with frameworks (excluding grindstones and the like presented separately)
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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