Report Update Nov 1, 2024

Norway - Broaching Machines for Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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Norway: Metal Broaching Machine Market 2024

Metal Broaching Machine Market Size in Norway

The Norwegian metal broaching machine market soared to $X in 2021, increasing by 155% against the previous year. In general, consumption, however, saw a mild setback. As a result, consumption reached the peak level of $X. From 2016 to 2021, the growth of the market remained at a somewhat lower figure.

Metal Broaching Machine Production in Norway

In value terms, metal broaching machine production reduced slightly to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a resilient increase. The most prominent rate of growth was recorded in 2019 with an increase of 16%. Over the period under review, production attained the peak level at $X in 2020, and then contracted in the following year.

Metal Broaching Machine Exports

Exports from Norway

For the fifth year in a row, Norway recorded growth in overseas shipments of broaching machines for working metal, which increased by 50% to X units in 2021. In general, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2017 when exports increased by 100% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, metal broaching machine exports totaled $X in 2021. Overall, exports continue to indicate a significant increase. The pace of growth was the most pronounced in 2015 with an increase of 2,104% against the previous year. Over the period under review, the exports hit record highs in 2021 and are likely to continue growth in the immediate term.

Exports by Country

Sweden (X units) was the main destination for metal broaching machine exports from Norway, with a 83% share of total exports. Moreover, metal broaching machine exports to Sweden exceeded the volume sent to the second major destination, Denmark (X units), fivefold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Sweden stood at +30.8%.

In value terms, Denmark ($X) remains the key foreign market for broaching machines for working metal exports from Norway, comprising 97% of total exports. The second position in the ranking was held by Sweden ($X), with a 3.4% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Denmark totaled +40.2%.

Export Prices by Country

In 2021, the average metal broaching machine export price amounted to $X per unit, declining by -31.6% against the previous year. In general, the export price, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2015 when the average export price increased by 1,002% against the previous year. The export price peaked at $X per unit in 2016; however, from 2017 to 2021, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Denmark ($X per unit), while the average price for exports to Sweden amounted to $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+37.4%).

Metal Broaching Machine Imports

Imports into Norway

In 2021, supplies from abroad of broaching machines for working metal increased by 450% to X units, rising for the third year in a row after three years of decline. Overall, imports, however, saw a pronounced descent. Over the period under review, imports hit record highs at X units in 2015; however, from 2016 to 2021, imports remained at a lower figure.

In value terms, metal broaching machine imports surged to $X in 2021. In general, imports saw a buoyant expansion. The growth pace was the most rapid in 2015 with an increase of 3,270% against the previous year. As a result, imports attained the peak of $X. From 2016 to 2021, the growth of imports remained at a somewhat lower figure.

Imports by Country

The Netherlands (X units) and the UK (X units) were the main suppliers of metal broaching machine imports to Norway. Moreover, metal broaching machine imports in the Netherlands exceeded the figures recorded by the second-largest supplier, the UK, twofold.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of 0.0%).

In value terms, the UK ($X), Germany ($X) and Sweden ($X) appeared to be the largest metal broaching machine suppliers to Norway, together comprising 32% of total imports.

In terms of the main suppliers, Germany, with a CAGR of +13.8%, saw the highest growth rate of the value of imports, 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 metal broaching machine import price amounted to $X per unit, with an increase of 261% against the previous year. In general, the import price enjoyed a resilient expansion. The most prominent rate of growth was recorded in 2015 an increase of 542%. As a result, import price attained the peak level of $X per unit. From 2016 to 2021, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for the Netherlands ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+47.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for broaching machines for working metal in the world?

The countries with the highest volumes of in 2021 were Germany, Japan and Mexico, with a combined 65% share of global consumption.

What are the largest producers of broaching machines for working metal in the world?

The countries with the highest volumes of in 2021 were Germany, Japan and the UK, together accounting for 84% of global production.

What are the leading suppliers of broaching machines for working metal to Norway?

In value terms, the UK $320) constituted the largest supplier of metal broaching machine to Norway.

What are the leading importers of broaching machines for working metal from Norway?

In value terms, Denmark $782) remains the key foreign market for metal broaching machine exports from Norway.

What is the average export price for broaching machines for working metal in Norway?

The average metal broaching machine export price stood at $1,102 per unit in 2021, surging by 5.1% against the previous year.

What is the average import price for broaching machines for working metal in Norway?

In 2021, the average metal broaching machine import price amounted to $646 per unit, dropping by -19.7% against the previous year.

This report provides an in-depth analysis of the metal broaching 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 28412410 - Broaching machines for working metal

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