Norway: Domestic Coffee Machine Market 2024

Domestic Coffee Machine Market Size in Norway

After two years of growth, the Norwegian domestic coffee machine market decreased by X% to $X in 2022. In general, consumption showed a slight descent. As a result, consumption reached the peak level of $X, and then dropped markedly in the following year.

Domestic Coffee Machine Exports

Exports from Norway

In 2022, shipments abroad of domestic electric coffee or tea makers increased by X% to X units, rising for the third year in a row after three years of decline. Over the period under review, exports, however, recorded a abrupt contraction. The most prominent rate of growth was recorded in 2016 with an increase of X%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, domestic coffee machine exports soared to $X in 2022. In general, exports, however, showed a slight slump. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

Exports by Country

Sweden (X units) was the main destination for domestic coffee machine exports from Norway, with a X% share of total exports. Moreover, domestic coffee machine exports to Sweden exceeded the volume sent to the second major destination, Finland (X units), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (X% per year) and Denmark (X% per year).

In value terms, Sweden ($X) remains the key foreign market for domestic electric coffee or tea makers exports from Norway, comprising X% of total exports. The second position in the ranking was taken by Denmark ($X), with a X% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of value to Sweden stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (X% per year) and Finland (X% per year).

Export Prices by Country

The average domestic coffee machine export price stood at $X per unit in 2022, surging by X% against the previous year. In general, the export price recorded resilient growth. The export price peaked at $X per unit in 2018; however, from 2019 to 2022, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Denmark ($X per unit), while the average price for exports to Finland ($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 Denmark (X%), while the prices for the other major destinations experienced mixed trend patterns.

Domestic Coffee Machine Imports

Imports into Norway

After two years of growth, overseas purchases of domestic electric coffee or tea makers decreased by X% to X units in 2022. In general, imports continue to indicate a deep downturn. The pace of growth was the most pronounced in 2020 with an increase of X%. Imports peaked at X units in 2013; however, from 2014 to 2022, imports failed to regain momentum.

In value terms, domestic coffee machine imports contracted markedly to $X in 2022. Overall, imports recorded a mild downturn. The most prominent rate of growth was recorded in 2021 with an increase of X%. As a result, imports attained the peak of $X, and then dropped dramatically in the following year.

Imports by Country

In 2022, China (X units) constituted the largest domestic coffee machine supplier to Norway, with a X% share of total imports. Moreover, domestic coffee machine imports from China exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), fourfold. Romania (X units) ranked third in terms of total imports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Romania (X% per year).

In value terms, China ($X) constituted the largest supplier of domestic electric coffee or tea makers to Norway, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports. It was followed by Romania, with a X% share.

From 2012 to 2022, the average annual growth rate of value from China totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and Romania (X% per year).

Import Prices by Country

The average domestic coffee machine import price stood at $X per unit in 2022, rising by X% against the previous year. In general, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, domestic coffee machine import price increased by X% against 2015 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by X% against the previous year. Over the period under review, average import prices hit record highs in 2022 and is expected to retain growth in the near future.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Slovenia (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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