Norway: Non-Electric Roasting Furnace Market 2025

Non-Electric Roasting Furnace Market Size in Norway

The Norwegian non-electric roasting furnace market contracted dramatically to $X in 2022, which is down by -78.5% against the previous year. Overall, consumption, however, saw a resilient increase. As a result, consumption attained the peak level of $X. From 2018 to 2022, the growth of the market remained at a lower figure.

Non-Electric Roasting Furnace Production in Norway

In value terms, non-electric roasting furnace production amounted to less than $X in 2022 estimated in export price. In general, production saw buoyant growth. The most prominent rate of growth was recorded in 2017 when the production volume decreased by 99.9%. Over the period under review, production attained the maximum level at $X in 2016; however, from 2017 to 2022, production remained at a lower figure.

Non-Electric Roasting Furnace Exports

Exports from Norway

In 2022, approx. X units of non-electric furnaces and ovens for the roasting or melting were exported from Norway; growing by 200% against 2021. Over the period under review, exports, however, showed a abrupt contraction. The most prominent rate of growth was recorded in 2016 when exports increased by 326%. As a result, the exports attained the peak of X units. From 2017 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, non-electric roasting furnace exports contracted sharply to $X in 2022. Overall, exports, however, recorded a sharp descent. The most prominent rate of growth was recorded in 2015 with an increase of 1,971%. The exports peaked at $X in 2017; however, from 2018 to 2022, the exports failed to regain momentum.

Exports by Country

Denmark (X units) was the main destination for non-electric roasting furnace exports from Norway, with a 78% share of total exports. Moreover, non-electric roasting furnace exports to Denmark exceeded the volume sent to the second major destination, South Korea (X units), fourfold.

From 2012 to 2022, the average annual growth rate of volume to Denmark stood at +34.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+23.6% per year) and Sweden (0.0% per year).

In value terms, Denmark ($X), South Korea ($X) and Sweden ($X) appeared to be the largest markets for non-electric roasting furnace exported from Norway worldwide.

South Korea, with a CAGR of +36.7%, saw the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average non-electric roasting furnace export price stood at $X per unit in 2022, shrinking by -90.1% against the previous year. Overall, the export price continues to indicate a abrupt decrease. The pace of growth appeared the most rapid in 2015 an increase of 3,174%. The export price peaked at $X per unit in 2019; however, from 2020 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($X per unit), while the average price for exports to Denmark ($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 (+108.0%), while the prices for the other major destinations experienced more modest paces of growth.

Non-Electric Roasting Furnace Imports

Imports into Norway

Non-electric roasting furnace imports into Norway declined dramatically to X units in 2022, which is down by -77.7% on 2021. In general, imports, however, showed prominent growth. The most prominent rate of growth was recorded in 2017 with an increase of 3,037% against the previous year. As a result, imports reached the peak of X units. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, non-electric roasting furnace imports contracted dramatically to $X in 2022. Over the period under review, imports, however, posted a significant expansion. The pace of growth appeared the most rapid in 2017 with an increase of 4,466%. Over the period under review, imports reached the peak figure at $X in 2018; however, from 2019 to 2022, imports remained at a lower figure.

Imports by Country

Slovakia (X units), Denmark (X units) and the United States (X units) were the main suppliers of non-electric roasting furnace imports to Norway, with a combined 79% share of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of +47.9%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest non-electric roasting furnace suppliers to Norway were Denmark ($X), Poland ($X) and Slovakia ($X), together comprising 82% of total imports.

In terms of the main suppliers, Poland, with a CAGR of +107.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average non-electric roasting furnace import price stood at $X per unit in 2022, growing by 80% against the previous year. In general, the import price recorded a strong increase. The pace of growth was the most pronounced in 2018 an increase of 331% against the previous year. As a result, import price attained the peak level of $X per unit. From 2019 to 2022, the average import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+43.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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