Norway: Manostat Market 2025

Manostat Market Size in Norway

The Norwegian manostat market declined significantly to $X in 2022, with a decrease of -23.5% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption saw a noticeable descent. As a result, consumption reached the peak level of $X. From 2020 to 2022, the growth of the market remained at a lower figure.

Manostat Exports

Exports from Norway

In 2022, approx. X units of manostats were exported from Norway; growing by 108% on 2021 figures. Overall, exports posted a significant expansion. The pace of growth was the most pronounced in 2020 when exports increased by 306%. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, manostat exports surged to $X in 2022. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2018 when exports increased by 607%. Over the period under review, the exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Exports by Country

Germany (X units), Lithuania (X units) and Sweden (X units) were the main destinations of manostat exports from Norway, with a combined 59% share of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lithuania (with a CAGR of +357.2%), while the other leaders experienced more modest paces of growth.

In value terms, Brazil ($X), Germany ($X) and Sweden ($X) were the largest markets for manostat exported from Norway worldwide, with a combined 61% share of total exports. The Netherlands, Vietnam, Italy, Denmark, Turkey, Lithuania, the United States and the UK lagged somewhat behind, together accounting for a further 25%.

Lithuania, with a CAGR of +379.5%, recorded the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average manostat export price stood at $X per unit in 2022, shrinking by -9.2% against the previous year. Over the period under review, the export price recorded a mild decline. The most prominent rate of growth was recorded in 2018 an increase of 98% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2019 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Vietnam ($X per unit), while the average price for exports to Lithuania ($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 Vietnam (+9.8%), while the prices for the other major destinations experienced more modest paces of growth.

Manostat Imports

Imports into Norway

In 2022, manostat imports into Norway fell to X units, declining by -14.9% compared with the year before. Overall, imports showed a perceptible decline. The most prominent rate of growth was recorded in 2021 when imports increased by 23% against the previous year. Over the period under review, imports hit record highs at X units in 2012; however, from 2013 to 2022, imports failed to regain momentum.

In value terms, manostat imports shrank significantly to $X in 2022. In general, imports recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 74% against the previous year. As a result, imports reached the peak of $X. From 2020 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Poland (X units), Germany (X units) and Switzerland (X units) were the main suppliers of manostat imports to Norway, together accounting for 69% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Switzerland (with a CAGR of +22.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest manostat suppliers to Norway were Germany ($X), Poland ($X) and the United States ($X), with a combined 71% share of total imports.

The United States, with a CAGR of +19.8%, recorded the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average manostat import price amounted to $X per unit, approximately mirroring the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +2.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, manostat import price decreased by -34.4% against 2019 indices. The most prominent rate of growth was recorded in 2019 an increase of 63% against the previous year. As a result, import price attained the peak level of $X per unit. From 2020 to 2022, the average import prices remained at a lower figure.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the United States (+22.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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