Norway: Electric Brazing Machine Market 2025

Electric Brazing Machine Market Size in Norway

For the third year in a row, the Norwegian electric brazing machine market recorded growth in sales value, which increased by 9.3% to $X in 2022. In general, consumption saw a buoyant expansion. Electric brazing machine consumption peaked in 2022 and is likely to see gradual growth in the immediate term.

Electric Brazing Machine Exports

Exports from Norway

In 2022, overseas shipments of electric brazing or soldering machines and apparatus increased by 238% to X units for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a abrupt shrinkage. The growth pace was the most rapid in 2017 with an increase of 1,005%. As a result, the exports attained the peak of X units. From 2018 to 2022, the growth of the exports remained at a lower figure.

In value terms, electric brazing machine exports surged to $X in 2022. In general, exports, however, continue to indicate a mild decline. The most prominent rate of growth was recorded in 2020 when exports increased by 339% against the previous year. Over the period under review, the exports attained the maximum at $X in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Lithuania (X units) was the main destination for electric brazing machine exports from Norway, with a 68% share of total exports. Moreover, electric brazing machine exports to Lithuania exceeded the volume sent to the second major destination, Sweden (X units), threefold. The third position in this ranking was held by the UK (X units), with a 3.9% share.

From 2012 to 2022, the average annual growth rate of volume to Lithuania stood at +2.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+4.0% per year) and the UK (-28.1% per year).

In value terms, Lithuania ($X) emerged as the key foreign market for electric brazing or soldering machines and apparatus exports from Norway, comprising 69% of total exports. The second position in the ranking was held by Sweden ($X), with a 19% share of total exports. It was followed by the UK, with a 5.4% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Lithuania stood at +30.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+5.7% per year) and the UK (-23.1% per year).

Export Prices by Country

In 2022, the average electric brazing machine export price amounted to $X per unit, waning by -8.8% against the previous year. Overall, the export price, however, recorded a tangible increase. The growth pace was the most rapid in 2020 when the average export price increased by 1,968% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2015; however, from 2016 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was the United Arab Emirates ($X per unit), while the average price for exports to Sweden ($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 Lithuania (+26.9%), while the prices for the other major destinations experienced more modest paces of growth.

Electric Brazing Machine Imports

Imports into Norway

In 2022, imports of electric brazing or soldering machines and apparatus into Norway surged to X units, picking up by 48% on the year before. In general, imports showed a strong expansion. The pace of growth appeared the most rapid in 2016 with an increase of 107% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see steady growth in the immediate term.

In value terms, electric brazing machine imports rose rapidly to $X in 2022. Over the period under review, imports saw a remarkable increase. The pace of growth appeared the most rapid in 2016 with an increase of 105% against the previous year. Imports peaked in 2022 and are likely to see gradual growth in years to come.

Imports by Country

In 2022, Germany (X units) constituted the largest electric brazing machine supplier to Norway, accounting for a 79% share of total imports. Moreover, electric brazing machine imports from Germany exceeded the figures recorded by the second-largest supplier, Italy (X units), more than tenfold. The third position in this ranking was held by China (X units), with a 3.5% share.

From 2012 to 2022, the average annual growth rate of volume from Germany totaled +12.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+10.6% per year) and China (+12.6% per year).

In value terms, Germany ($X) constituted the largest supplier of electric brazing or soldering machines and apparatus to Norway, comprising 76% of total imports. The second position in the ranking was taken by Sweden ($X), with a 9.9% share of total imports. It was followed by Estonia, with a 5.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to +14.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+14.5% per year) and Estonia (+2.0% per year).

Import Prices by Country

The average electric brazing machine import price stood at $X per unit in 2022, shrinking by -26.9% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2022: its price increased at an average annual rate of +2.5% over the last decade. 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 33%. The import price peaked at $X per unit in 2021, and then dropped significantly in the following year.

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 Sweden ($X per unit), while the price for Finland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+20.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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