Report Update Nov 1, 2024

Norway - Bending or Assembling Machines - Market Analysis, Forecast, Size, Trends and Insights

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Norway: Wood Bending Machine Market 2024

Wood Bending Machine Market Size in Norway

The Norwegian wood bending machine market declined remarkably to $X in 2021, with a decrease of -97.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption saw a perceptible contraction. As a result, consumption reached the peak level of $X, and then contracted markedly in the following year.

Wood Bending Machine Exports

Exports from Norway

In 2021, wood bending machine exports from Norway skyrocketed to X units, growing by 900% compared with the year before. Overall, exports enjoyed a buoyant expansion. The pace of growth was the most pronounced in 2019 when exports increased by 917% against the previous year. The exports peaked in 2021 and are likely to see steady growth in the immediate term.

In value terms, wood bending machine exports soared to $X in 2021. Over the period under review, exports, however, showed a pronounced setback. The exports peaked at $X in 2017; however, from 2018 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Estonia (X units) was the main destination for wood bending machine exports from Norway, with a 83% share of total exports. Moreover, wood bending machine exports to Estonia exceeded the volume sent to the second major destination, Sweden (X units), more than tenfold. The third position in this ranking was taken by Germany (X units), with a 3.3% share.

From 2012 to 2021, the average annual growth rate of volume to Estonia was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-1.5% per year) and Germany (-12.3% per year).

In value terms, the largest markets for wood bending machine exported from Norway were Estonia ($X), Austria ($X) and Germany ($X), together accounting for 90% of total exports.

Austria, with a CAGR of 0.0%, saw 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 mixed trend patterns.

Export Prices by Country

In 2021, the average wood bending machine export price amounted to $X per unit, growing by 145% against the previous year. In general, the export price, however, saw a deep contraction. The pace of growth was the most pronounced in 2016 an increase of 1,876% against the previous year. The export price peaked at $X per unit in 2017; however, from 2018 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2021, amid the top suppliers, the country with the highest price was Austria ($X per unit), while the average price for exports to Estonia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Japan (+13.7%), while the prices for the other major destinations experienced mixed trend patterns.

Wood Bending Machine Imports

Imports into Norway

Wood bending machine imports into Norway shrank dramatically to X units in 2021, which is down by -93.9% against 2020. In general, imports, however, continue to indicate a noticeable increase. The most prominent rate of growth was recorded in 2020 with an increase of 2,426%. As a result, imports attained the peak of X units, and then contracted sharply in the following year.

In value terms, wood bending machine imports reduced sharply to $X in 2021. Overall, imports showed a perceptible setback. The most prominent rate of growth was recorded in 2020 with an increase of 452%. As a result, imports attained the peak of $X, and then contracted remarkably in the following year.

Imports by Country

France (X units), Austria (X units) and Italy (X units) were the main suppliers of wood bending machine imports to Norway, with a combined 63% share of total imports.

From 2012 to 2021, the biggest increases were recorded for France (with a CAGR of +23.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wood bending machine suppliers to Norway were Germany ($X), Austria ($X) and San Marino ($X), together comprising 80% of total imports. These countries were followed by Italy, France, Sweden, China and Denmark, which together accounted for a further 19%.

France, with a CAGR of +13.9%, 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 2021, the average wood bending machine import price amounted to $X per unit, rising by 594% against the previous year. Overall, the import price, however, saw a deep reduction. Over the period under review, average import prices reached the peak figure at $X per unit in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (-5.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for bending or assembling machines in the world?

South Africa constituted the country with the largest volume of wood bending machine consumption, comprising approx. 71% of total volume. Moreover, wood bending machine consumption in South Africa exceeded the figures recorded by the second-largest consumer, Brazil, fourfold. The third position in this ranking was occupied by the United States, with a 3.4% share.

What are the largest producers of bending or assembling machines in the world?

The countries with the highest volumes of wood bending machine production in 2021 were Austria, China and Germany, together comprising 48% of global production.

What are the leading suppliers of bending or assembling machines to Norway?

In value terms, Denmark constituted the largest supplier of wood bending machine to Norway, comprising 68% of total imports. The second position in the ranking was occupied by Sweden, with a 12% share of total imports. It was followed by Germany, with an 11% share.

What are the leading importers of bending or assembling machines from Norway?

In value terms, Sweden remains the key foreign market for wood bending machine exports from Norway.

What is the average export price for bending or assembling machines in Norway?

The average wood bending machine export price stood at $8,707 per unit in 2021, with an increase of 2,629% against the previous year.

What is the average import price for bending or assembling machines in Norway?

In 2021, the average wood bending machine import price amounted to $14,950 per unit, picking up by 25% against the previous year.

This report provides an in-depth analysis of the wood bending machine 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 28491265 - Bending or assembling machines for working wood, cork, b one, hard rubber, hard plastics or similar hard materials

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023