Norway: Poultry-Keeping Machinery Market 2024

Poultry-Keeping Machinery Market Size in Norway

The Norwegian poultry-keeping machinery market contracted sharply to $X in 2022, shrinking by -31.7% 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). Overall, consumption saw a noticeable downturn. As a result, consumption attained the peak level of $X. From 2019 to 2022, the growth of the market failed to regain momentum.

Poultry-Keeping Machinery Exports

Exports from Norway

In 2022, the amount of poultry-keeping machinery exported from Norway soared to X units, picking up by 7,700% on the previous year's figure. Overall, exports posted mild growth. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, poultry-keeping machinery exports soared to $X in 2022. Over the period under review, exports, however, continue to indicate a deep contraction. The pace of growth was the most pronounced in 2020 with an increase of 874% against the previous year. Over the period under review, the exports hit record highs at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Albania (X units) was the main destination for poultry-keeping machinery exports from Norway, with a approx. 99% share of total exports.

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

In value terms, Albania ($X) emerged as the key foreign market for poultry-keeping machinery exports from Norway, comprising 50% of total exports. The second position in the ranking was held by Iceland ($X), with a 7.8% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Albania was relatively modest.

Export Prices by Country

In 2022, the average poultry-keeping machinery export price amounted to $X per unit, which is down by -97.2% against the previous year. In general, the export price recorded a significant decline. The pace of growth appeared the most rapid in 2021 an increase of 1,608% against the previous year. As a result, the export price attained the peak level of $X per unit, and then shrank remarkably in the following year.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Iceland ($X per unit), while the average price for exports to Albania stood at $X per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Serbia (+118.1%), while the prices for the other major destinations experienced more modest paces of growth.

Poultry-Keeping Machinery Imports

Imports into Norway

In 2022, approx. X units of poultry-keeping machinery were imported into Norway; with a decrease of -37.6% compared with the year before. In general, imports showed a noticeable setback. The pace of growth appeared the most rapid in 2018 when imports increased by 73% against the previous year. Over the period under review, imports reached the maximum at X units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, poultry-keeping machinery imports reduced rapidly to $X in 2022. Overall, imports saw a mild descent. The most prominent rate of growth was recorded in 2018 with an increase of 76%. As a result, imports reached the peak of $X. From 2019 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of poultry-keeping machinery to Norway, with a 63% share of total imports. Moreover, poultry-keeping machinery imports from Germany exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), twofold. Denmark (X units) ranked third in terms of total imports with a 9.5% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany amounted to -1.6%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (+3.7% per year) and Denmark (-9.6% per year).

In value terms, the largest poultry-keeping machinery suppliers to Norway were Germany ($X), the Netherlands ($X) and Denmark ($X), together accounting for 97% of total imports.

The Netherlands, with a CAGR of +7.1%, recorded the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

In 2022, the average poultry-keeping machinery import price amounted to $X per unit, picking up by 19% against the previous year. Over the period under review, import price indicated measured growth from 2012 to 2022: its price increased at an average annual rate of +3.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, poultry-keeping machinery import price increased by +86.2% against 2019 indices. The growth pace was the most rapid in 2020 an increase of 31% against the previous year. The import price peaked in 2022 and is expected to retain growth in years to come.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+17.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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