Report Update Nov 1, 2024

Norway - Numerically Controlled Sharpening Machines for Working Metal - Market Analysis, Forecast, Size, Trends and Insights

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Norway: Market for Numerically Controlled Sharpening Machines For Working Metal 2024

Market Size for Numerically Controlled Sharpening Machines For Working Metal in Norway

The Norwegian numerically controlled sharpening machine market reduced dramatically to $X in 2022, waning by -64.1% against the previous year. In general, consumption recorded a abrupt decline. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market remained at a lower figure.

Production of Numerically Controlled Sharpening Machines For Working Metal in Norway

In value terms, numerically controlled sharpening machine production amounted to $X in 2022 estimated in export price. In general, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 when the production volume decreased by 99.9% against the previous year. Over the period under review, production attained the maximum level in 2022 and is likely to see steady growth in the near future.

Exports of Numerically Controlled Sharpening Machines For Working Metal

Exports from Norway

In 2022, the amount of numerically controlled sharpening machines for working metal exported from Norway declined sharply to X units, which is down by -96.3% against 2021 figures. Overall, exports faced a precipitous setback. The growth pace was the most rapid in 2021 when exports increased by 575%. As a result, the exports reached the peak of X units, and then reduced remarkably in the following year.

In value terms, numerically controlled sharpening machine exports dropped sharply to $X in 2022. Over the period under review, exports saw a precipitous decrease. The growth pace was the most rapid in 2021 when exports increased by 2,944%. As a result, the exports attained the peak of $X, and then contracted sharply in the following year.

Exports by Country

Sweden (X units) was the main destination for numerically controlled sharpening machine exports from Norway, accounting for a approx. 100% share of total exports.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden was relatively modest.

In value terms, Sweden ($X) emerged as the key foreign market for numerically controlled sharpening machines for working metal exports from Norway.

From 2012 to 2022, the average annual rate of growth in terms of value to Sweden amounted to +7.3%.

Export Prices by Country

The average numerically controlled sharpening machine export price stood at $X per unit in 2022, shrinking by -52.3% against the previous year. In general, the export price saw a abrupt downturn. The most prominent rate of growth was recorded in 2018 when the average export price increased by 400% against the previous year. Over the period under review, the average export prices reached the peak figure at $X per unit in 2013; however, from 2014 to 2022, the export prices stood at a somewhat lower figure.

As there is only one major export destination, the average price level is determined by prices for Sweden.

From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to +7.3% per year.

Imports of Numerically Controlled Sharpening Machines For Working Metal

Imports into Norway

In 2022, overseas purchases of numerically controlled sharpening machines for working metal decreased by -53.6% to X units, falling for the fourth consecutive year after three years of growth. Overall, imports showed a abrupt descent. The most prominent rate of growth was recorded in 2018 with an increase of 239% against the previous year. As a result, imports reached the peak of X units. From 2019 to 2022, the growth of imports failed to regain momentum.

In value terms, numerically controlled sharpening machine imports surged to $X in 2022. Over the period under review, imports showed a deep setback. The most prominent rate of growth was recorded in 2018 when imports increased by 162%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Italy (X units), Sweden (X units) and Germany (X units) were the main suppliers of numerically controlled sharpening machine imports to Norway, together accounting for 95% of total imports.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Germany (with a CAGR of +5.2%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest numerically controlled sharpening machine suppliers to Norway were Italy ($X), Germany ($X) and Sweden ($X), with a combined 99% share of total imports.

Among the main suppliers, Italy, with a CAGR of +5.8%, 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 mixed trend patterns.

Import Prices by Country

In 2022, the average numerically controlled sharpening machine import price amounted to $X per unit, growing by 319% against the previous year. In general, the import price posted a moderate increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+3.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for numerically controlled sharpening machines for working metal in the world?

China constituted the country with the largest volume of numerically controlled sharpening machine consumption, accounting for 29% of total volume. Moreover, numerically controlled sharpening machine consumption in China exceeded the figures recorded by the second-largest consumer, India, threefold. The third position in this ranking was occupied by the United States, with a 6.7% share.

What are the largest producers of numerically controlled sharpening machines for working metal in the world?

The countries with the highest volumes of in 2021 were China, India and the United States, together accounting for 40% of global production. Switzerland, Japan, Taiwan Chinese), Pakistan, Russia, Nigeria, Thailand, Bangladesh, Brazil and Mexico lagged somewhat behind, together comprising a further 33%.

What are the leading suppliers of numerically controlled sharpening machines for working metal to Norway?

In value terms, the largest numerically controlled sharpening machine suppliers to Norway were Sweden, Germany and Denmark.

What are the leading importers of numerically controlled sharpening machines for working metal from Norway?

In value terms, Germany remains the key foreign market for numerically controlled sharpening machine exports from Norway, comprising 94% of total exports. The second position in the ranking was occupied by Denmark $100), with a 1.3% share of total exports.

What is the average export price for numerically controlled sharpening machines for working metal in Norway?

The average numerically controlled sharpening machine export price stood at $2,855 per unit in 2021, growing by 5.2% against the previous year.

What is the average import price for numerically controlled sharpening machines for working metal in Norway?

The average numerically controlled sharpening machine import price stood at $1,701 per unit in 2021, rising by 25% against the previous year.

This report provides an in-depth analysis of the market for numerically controlled sharpening machine in Norway. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 28412365 - Numerically controlled sharpening (tool or cutter grinding) m achines for working metal

Country coverage:

Norway

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Norway
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
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This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
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While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023