Norway: Horizontal Machining Centre Market 2025

Horizontal Machining Centre Market Size in Norway

In 2021, the Norwegian horizontal machining centre market decreased by -7.1% to $X for the first time since 2017, thus ending a three-year rising trend. Overall, consumption, however, saw resilient growth. Horizontal machining centre consumption peaked at $X in 2020, and then fell in the following year.

Horizontal Machining Centre Production in Norway

In value terms, horizontal machining centre production shrank sharply to $X in 2021 estimated in export price. In general, production, however, saw a significant expansion. The most prominent rate of growth was recorded in 2013 when the production volume increased by 819%. Over the period under review, production hit record highs at $X in 2020, and then declined significantly in the following year.

Horizontal Machining Centre Exports

Exports from Norway

After two years of growth, shipments abroad of horizontal machining centres for working metal decreased by -49.1% to X units in 2021. Overall, exports, however, showed modest growth. The growth pace was the most rapid in 2019 when exports increased by 213% against the previous year. Over the period under review, the exports attained the maximum at X units in 2017; however, from 2018 to 2021, the exports failed to regain momentum.

In value terms, horizontal machining centre exports soared to $X in 2021. Over the period under review, exports recorded a deep slump. The growth pace was the most rapid in 2019 when exports increased by 507% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Denmark (X units) was the main destination for horizontal machining centre exports from Norway, with a 48% share of total exports. Moreover, horizontal machining centre exports to Denmark exceeded the volume sent to the second major destination, Turkey (X units), threefold. France (X units) ranked third in terms of total exports with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Denmark totaled +13.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+25.7% per year) and France (+14.7% per year).

In value terms, Sweden ($X), France ($X) and China ($X) were the largest markets for horizontal machining centre exported from Norway worldwide, with a combined 69% share of total exports. Denmark, Turkey, Poland and Azerbaijan lagged somewhat behind, together comprising a further 30%.

Among the main countries of destination, Turkey, with a CAGR of +12.0%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average horizontal machining centre export price stood at $X per unit in 2021, rising by 208% against the previous year. In general, the export price, however, recorded a abrupt shrinkage. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

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 Sweden ($X per unit), while the average price for exports to Azerbaijan ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Spain (+12.5%), while the prices for the other major destinations experienced more modest paces of growth.

Horizontal Machining Centre Imports

Imports into Norway

Horizontal machining centre imports into Norway surged to X units in 2021, with an increase of 46% against the previous year's figure. Over the period under review, imports enjoyed a modest increase. The most prominent rate of growth was recorded in 2019 when imports increased by 82% against the previous year. Over the period under review, imports reached the maximum at X units in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

In value terms, horizontal machining centre imports amounted to $X in 2021. Overall, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 when imports increased by 62% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Germany (X units), Austria (X units) and Sweden (X units) were the main suppliers of horizontal machining centre imports to Norway, with a combined 66% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Sweden (with a CAGR of +28.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of horizontal machining centres for working metal to Norway, comprising 40% of total imports. The second position in the ranking was held by Austria ($X), with a 10% share of total imports. It was followed by Italy, with a 9.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany stood at +10.0%. The remaining supplying countries recorded the following average annual rates of imports growth: Austria (+72.8% per year) and Italy (+9.4% per year).

Import Prices by Country

In 2021, the average horizontal machining centre import price amounted to $X per unit, falling by -21.8% against the previous year. In general, the import price saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 40%. As a result, import price reached the peak level of $X per unit. From 2019 to 2021, the average import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the United States (+3.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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