Norway: Industrial Brewery Machinery Market 2024

Industrial Brewery Machinery Market Size in Norway

The Norwegian industrial brewery machinery market skyrocketed to $X in 2022, growing by X% against the previous year. In general, consumption, however, showed a abrupt slump. As a result, consumption reached the peak level of $X. From 2015 to 2022, the growth of the market failed to regain momentum.

Industrial Brewery Machinery Production in Norway

In value terms, industrial brewery machinery production surged to $X in 2022 estimated in export price. Over the period under review, production, however, continues to indicate a abrupt shrinkage. The most prominent rate of growth was recorded in 2020 when the production volume increased by X% against the previous year. Industrial brewery machinery production peaked at $X in 2014; however, from 2015 to 2022, production stood at a somewhat lower figure.

Industrial Brewery Machinery Exports

Exports from Norway

After three years of growth, overseas shipments of industrial brewery machinery decreased by X% to X units in 2022. Overall, exports, however, saw significant growth. The pace of growth appeared the most rapid in 2019 with an increase of X%. The exports peaked at X units in 2021, and then contracted slightly in the following year.

In value terms, industrial brewery machinery exports fell to $X in 2022. In general, exports, however, recorded significant growth. The growth pace was the most rapid in 2015 with an increase of X%. The exports peaked at $X in 2021, and then declined in the following year.

Exports by Country

Sweden (X units) was the main destination for industrial brewery machinery exports from Norway, accounting for a X% share of total exports. Moreover, industrial brewery machinery exports to Sweden exceeded the volume sent to the second major destination, Denmark (X units), threefold. Australia (X units) ranked third in terms of total exports with a X% share.

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

In value terms, the largest markets for industrial brewery machinery exported from Norway were Sweden ($X), France ($X) and the United States ($X), with a combined X% share of total exports. Austria, Denmark, Belgium, Australia, the Czech Republic, Canada, Finland, Bosnia and Herzegovina, Bulgaria and Croatia lagged somewhat behind, together accounting for a further X%.

Among the main countries of destination, Belgium, with a CAGR of X%, saw the highest rates of growth with regard to 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 industrial brewery machinery export price stood at $X per unit in 2022, shrinking by X% against the previous year. Overall, the export price, however, posted a significant expansion. The pace of growth appeared the most rapid in 2015 an increase of X% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2021, and then fell in the following year.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was France ($X per unit), while the average price for exports to Croatia ($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 Belgium (X%), while the prices for the other major destinations experienced more modest paces of growth.

Industrial Brewery Machinery Imports

Imports into Norway

After two years of decline, purchases abroad of industrial brewery machinery increased by X% to X units in 2022. Over the period under review, imports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when imports increased by X%. As a result, imports reached the peak of X units. From 2015 to 2022, the growth of imports remained at a lower figure.

In value terms, industrial brewery machinery imports rose markedly to $X in 2022. Overall, imports, however, continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2019 with an increase of X% against the previous year. As a result, imports attained the peak of $X. From 2020 to 2022, the growth of imports remained at a lower figure.

Imports by Country

China (X units), Germany (X units) and Australia (X units) were the main suppliers of industrial brewery machinery imports to Norway, with a combined X% share of total imports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of industrial brewery machinery to Norway, comprising X% of total imports. The second position in the ranking was held by China ($X), with a X% share of total imports. It was followed by the Czech Republic, with a X% share.

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

Import Prices by Country

In 2022, the average industrial brewery machinery import price amounted to $X per unit, remaining stable against the previous year. Over the period under review, the import price saw a drastic downturn. The pace of growth appeared the most rapid in 2019 an increase of X% against the previous year. Over the period under review, average import prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, 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 Germany ($X per unit), while the price for Hong Kong SAR ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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