Norway: Market for Domestic, Non-Electric, Cooking Or Heating Appliances 2025

Market Size for Domestic, Non-Electric, Cooking Or Heating Appliances in Norway

In 2021, the Norwegian market for domestic, non-electric, cooking or heating appliances increased by 52% to $X, rising for the second year in a row after two years of decline. Over the period under review, the total consumption indicated buoyant growth from 2012 to 2021: its value increased at an average annual rate of +5.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption increased by +67.2% against 2019 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Exports of Domestic, Non-Electric, Cooking Or Heating Appliances

Exports from Norway

In 2021, the amount of domestic, non-electric, cooking or heating appliances exported from Norway surged to X tons, picking up by 224% on the previous year. In general, exports, however, continue to indicate a slight decrease. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, exports of domestic, non-electric, cooking or heating appliances skyrocketed to $X in 2021. Over the period under review, exports posted a perceptible increase. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Exports by Country

Sweden (X tons) was the main destination for exports of domestic, non-electric, cooking or heating appliances from Norway, accounting for a 88% share of total exports. Moreover, exports of domestic, non-electric, cooking or heating appliances to Sweden exceeded the volume sent to the second major destination, Slovakia (X tons), more than tenfold. The third position in this ranking was taken by Denmark (X tons), with a 4% share.

From 2012 to 2021, the average annual growth rate of volume to Sweden was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Slovakia (+385.2% per year) and Denmark (-9.9% per year).

In value terms, Sweden ($X) remains the key foreign market for domestic, non-electric, cooking or heating appliances exports from Norway, comprising 85% of total exports. The second position in the ranking was held by Denmark ($X), with a 4.4% share of total exports. It was followed by Slovakia, with a 3.3% share.

From 2012 to 2021, the average annual growth rate of value to Sweden amounted to +4.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-2.0% per year) and Slovakia (+249.9% per year).

Export Prices by Country

In 2021, the average export price for domestic, non-electric, cooking or heating appliances amounted to $X per ton, dropping by -5.6% against the previous year. In general, export price indicated resilient growth from 2012 to 2021: its price increased at an average annual rate of +5.1% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2019 an increase of 32%. Over the period under review, the average export prices attained the peak figure at $X per ton in 2020, and then declined in the following year.

Average prices varied somewhat for the major overseas markets. In 2021, the countries with the highest prices were Denmark ($X per ton) and Finland ($X per ton), while the average price for exports to Slovakia ($X per ton) and Sweden ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+8.7%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Domestic, Non-Electric, Cooking Or Heating Appliances

Imports into Norway

In 2021, purchases abroad of domestic, non-electric, cooking or heating appliances increased by 44% to X tons, rising for the second consecutive year after two years of decline. The total import volume increased at an average annual rate of +2.8% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of domestic, non-electric, cooking or heating appliances soared to $X in 2021. Over the period under review, total imports indicated a buoyant increase from 2012 to 2021: its value increased at an average annual rate of +5.9% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +74.8% against 2019 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of domestic, non-electric, cooking or heating appliance to Norway, accounting for a 75% share of total imports. Moreover, imports of domestic, non-electric, cooking or heating appliances from China exceeded the figures recorded by the second-largest supplier, the United States (X tons), more than tenfold. The third position in this ranking was held by Poland (X tons), with a 5.1% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +3.7%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-9.0% per year) and Poland (+35.3% per year).

In value terms, China ($X) constituted the largest supplier of domestic, non-electric, cooking or heating appliances to Norway, comprising 71% of total imports. The second position in the ranking was held by the United States ($X), with a 9.4% share of total imports. It was followed by Canada, with a 2.5% share.

From 2012 to 2021, the average annual growth rate of value from China totaled +8.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (-4.1% per year) and Canada (+60.6% per year).

Import Prices by Country

The average import price for domestic, non-electric, cooking or heating appliances stood at $X per ton in 2021, increasing by 10% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.0%. The pace of growth appeared the most rapid in 2016 an increase of 19% against the previous year. The import price peaked in 2021 and is expected to retain growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Sweden ($X per ton), while the price for Portugal ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (+19.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :