Norway: Helicopter Market 2025

Helicopter Market Size in Norway

In 2022, the Norwegian helicopter market increased by 19% to $X, rising for the second year in a row after two years of decline. Over the period under review, consumption posted a prominent expansion. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a somewhat lower figure.

Helicopter Production in Norway

In value terms, helicopter production soared to $X in 2022 estimated in export price. Overall, production showed a resilient expansion. The most prominent rate of growth was recorded in 2018 with an increase of 140,656,655,900% against the previous year. As a result, production attained the peak level of $X. From 2019 to 2022, production growth remained at a lower figure.

Helicopter Exports

Exports from Norway

In 2022, approx. X units of civil helicopters were exported from Norway; dropping by -63.2% against the year before. Over the period under review, exports recorded a abrupt shrinkage. The growth pace was the most rapid in 2020 when exports increased by 466%. As a result, the exports reached the peak of X units. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, helicopter exports fell remarkably to $X in 2022. Overall, exports faced a abrupt descent. The growth pace was the most rapid in 2017 when exports increased by 81% against the previous year. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Sweden (X units) was the main destination for helicopter exports from Norway, accounting for a 75% share of total exports. Moreover, helicopter exports to Sweden exceeded the volume sent to the second major destination, Canada (X units), eightfold. Australia (X units) ranked third in terms of total exports with a 4.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden amounted to +38.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Canada (+13.0% per year) and Australia (-27.2% per year).

In value terms, Sweden ($X), Canada ($X) and New Zealand ($X) constituted the largest markets for helicopter exported from Norway worldwide, with a combined 91% share of total exports.

New Zealand, with a CAGR of +47.6%, recorded the highest rates of growth with regard to the value of exports, among 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

The average helicopter export price stood at $X per unit in 2022, surging by 103% against the previous year. Overall, the export price, however, recorded a slight downturn. The pace of growth was the most pronounced in 2021 when the average export price increased by 209%. The export price peaked at $X per unit in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was New Zealand ($X per unit), while the average price for exports to Germany ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Russia (+7,610.2%), while the prices for the other major destinations experienced more modest paces of growth.

Helicopter Imports

Imports into Norway

In 2022, approx. X units of civil helicopters were imported into Norway; falling by -81.1% against the previous year. Overall, imports recorded a pronounced descent. The pace of growth was the most pronounced in 2017 when imports increased by 170%. Over the period under review, imports attained the peak figure at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, helicopter imports contracted remarkably to $X in 2022. Over the period under review, imports, however, continue to indicate a notable expansion. The pace of growth was the most pronounced in 2013 when imports increased by 497%. Over the period under review, imports reached the maximum at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the UK (X units) constituted the largest supplier of helicopter to Norway, with a 67% share of total imports. Moreover, helicopter imports from the UK exceeded the figures recorded by the second-largest supplier, France (X units), twofold.

From 2012 to 2022, the average annual growth rate of volume from the UK totaled +36.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+6.1% per year) and the United States (0.0% per year).

In value terms, the UK ($X) constituted the largest supplier of civil helicopters to Norway, comprising 83% of total imports. The second position in the ranking was taken by France ($X), with a 16% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from the UK amounted to +149.0%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-11.6% per year) and the United States (-10.6% per year).

Import Prices by Country

The average helicopter import price stood at $X per unit in 2022, remaining relatively unchanged against the previous year. In general, the import price, however, recorded strong growth. The most prominent rate of growth was recorded in 2013 an increase of 283%. As a result, import price reached the peak level of $X per unit. From 2014 to 2022, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+82.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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