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Norway - Turbo-Propellers of A Power Exceeding 1,100 Kw - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNorway: Market for Turbo-Propellers Of A Power Exceeding 1,100 kW 2024
Market Size for Turbo-Propellers Of A Power Exceeding 1,100 kW in Norway
The Norwegian turbo-propeller (over X kW) market reduced notably to $X in 2023, with a decrease of X% against the previous year. In general, consumption recorded a relatively flat trend pattern. Turbo-propeller (over X kW) consumption peaked at $X in 2016; however, from 2017 to 2023, consumption remained at a lower figure.
Production of Turbo-Propellers Of A Power Exceeding X kW in Norway
In value terms, turbo-propeller (over X kW) production stood at $X in 2023 estimated in export price. The total output value increased at an average annual rate of X% from 2012 to 2023; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 with an increase of X% against the previous year. Over the period under review, production attained the maximum level at $X in 2021; however, from 2022 to 2023, production remained at a lower figure.
Exports of Turbo-Propellers Of A Power Exceeding 1,100 kW
Exports from Norway
For the third consecutive year, Norway recorded decline in shipments abroad of turbo-propellers of a power exceeding X kW, which decreased by X% to X units in 2023. Over the period under review, exports, however, showed a resilient increase. The pace of growth was the most pronounced in 2018 with an increase of X% against the previous year. Over the period under review, the exports attained the peak figure at X units in 2020; however, from 2021 to 2023, the exports stood at a somewhat lower figure.
In value terms, turbo-propeller (over X kW) exports shrank notably to $X in 2023. In general, exports, however, posted a strong expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. Over the period under review, the exports attained the maximum at $X in 2020; however, from 2021 to 2023, the exports failed to regain momentum.
Exports by Country
Canada (X units) and Germany (X units) were the main destinations of turbo-propeller (over X kW) exports from Norway.
From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of X%).
In value terms, Canada ($X) emerged as the key foreign market for turbo-propellers of a power exceeding X kW exports from Norway, comprising X% of total exports. The second position in the ranking was taken by Germany ($X), with a X% share of total exports.
From 2012 to 2023, the average annual rate of growth in terms of value to Canada stood at X%.
Export Prices by Country
In 2023, the average turbo-propeller (over X kW) export price amounted to $X per unit, with a decrease of X% against the previous year. Over the period under review, the export price, however, recorded perceptible growth. The pace of growth was the most pronounced in 2016 when the average export price increased by X% against the previous year. The export price peaked at $X per unit in 2022, and then contracted in the following year.
Average prices varied somewhat for the major export markets. In 2023, amid the top suppliers, the country with the highest price was Canada ($X per unit), while the average price for exports to Germany stood at $X per unit.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (X%), while the prices for the other major destinations experienced more modest paces of growth.
Imports of Turbo-Propellers Of A Power Exceeding 1,100 kW
Imports into Norway
Turbo-propeller (over X kW) imports into Norway contracted significantly to X units in 2023, with a decrease of X% compared with 2022. Overall, imports, however, showed prominent growth. The growth pace was the most rapid in 2019 with an increase of X%. As a result, imports reached the peak of X units. From 2020 to 2023, the growth of imports remained at a somewhat lower figure.
In value terms, turbo-propeller (over X kW) imports fell dramatically to $X in 2023. Over the period under review, imports, however, enjoyed tangible growth. The pace of growth was the most pronounced in 2019 when imports increased by X%. Imports peaked at $X in 2022, and then declined markedly in the following year.
Imports by Country
In 2023, Singapore (X units) constituted the largest turbo-propeller (over X kW) supplier to Norway, with a X% share of total imports. Moreover, turbo-propeller (over X kW) imports from Singapore exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. Canada (X units) ranked third in terms of total imports with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume from Singapore totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (X% per year) and Canada (X% per year).
In value terms, Canada ($X), Singapore ($X) and the United States ($X) constituted the largest turbo-propeller (over X kW) suppliers to Norway, together accounting for X% of total imports.
Singapore, 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
In 2023, the average turbo-propeller (over X kW) import price amounted to $X per unit, declining by X% against the previous year. Over the period under review, the import price continues to indicate a abrupt descent. The pace of growth was the most pronounced in 2020 an increase of X%. Over the period under review, average import prices attained the maximum at $X per unit in 2013; however, from 2014 to 2023, import prices failed to regain momentum.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Canada ($X,551 per unit), while the price for Germany ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Italy (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 turbo-propeller (over 1100 kw) 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 30301200 - Turbo-jets and turbo-propellers, for civil use
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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