Norway: Market for Printers, Copying Machines And Facsimile Machines 2024

Market Size for Printers, Copying Machines And Facsimile Machines in Norway

In 2021, after two years of decline, there was significant growth in the Norwegian printers and copying machines market, when its value increased by 11% to $X. Overall, consumption, however, showed a perceptible slump. Printers and copying machines consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Exports of Printers, Copying Machines And Facsimile Machines

Exports from Norway

Printers and copying machines exports from Norway amounted to X units in 2021, with an increase of 14% against the previous year. In general, exports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2017 with an increase of 65% against the previous year. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports stood at a somewhat lower figure.

In value terms, printers and copying machines exports expanded notably to $X in 2021. Overall, total exports indicated a noticeable increase from 2012 to 2021: its value increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +6.7% against 2018 indices. The most prominent rate of growth was recorded in 2017 when exports increased by 69% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

Sweden (X units) was the main destination for printers and copying machines exports from Norway, with a 31% share of total exports. Moreover, printers and copying machines exports to Sweden exceeded the volume sent to the second major destination, Denmark (X units), threefold. Germany (X units) ranked third in terms of total exports with a 9.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Sweden totaled -7.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+0.8% per year) and Germany (+9.8% per year).

In value terms, the largest markets for printers and copying machines exported from Norway were Sweden ($X), the United States ($X) and Germany ($X), together accounting for 39% of total exports. Denmark, the Netherlands, Poland, Palestine and Israel lagged somewhat behind, together comprising a further 9.8%.

Among the main countries of destination, Palestine, with a CAGR of +33.0%, saw the highest growth rate of 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 printers and copying machines export price stood at $X per unit in 2021, reducing by -2.4% against the previous year. In general, export price indicated a noticeable expansion from 2012 to 2021: its price increased at an average annual rate of +3.0% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, printers and copying machines export price increased by +59.2% against 2014 indices. The most prominent rate of growth was recorded in 2018 an increase of 25% against the previous year. The export price peaked at $X per unit in 2020, and then dropped in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, the country with the highest price was the United States ($X per unit), while the average price for exports to Palestine ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Israel (+15.4%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Printers, Copying Machines And Facsimile Machines

Imports into Norway

In 2021, the amount of printers, copying machines and facsimile machines imported into Norway expanded rapidly to X units, with an increase of 6.6% on the year before. Overall, imports, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2018 when imports increased by 19%. Over the period under review, imports hit record highs at X units in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, printers and copying machines imports expanded notably to $X in 2021. In general, imports, however, saw a perceptible descent. The pace of growth appeared the most rapid in 2018 when imports increased by 35%. Over the period under review, imports reached the peak figure at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, China (X units) constituted the largest printers and copying machines supplier to Norway, with a 32% share of total imports. Moreover, printers and copying machines imports from China exceeded the figures recorded by the second-largest supplier, South Korea (X units), tenfold. The third position in this ranking was held by Vietnam (X units), with a 3% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled -13.2%. The remaining supplying countries recorded the following average annual rates of imports growth: South Korea (+4.0% per year) and Vietnam (-18.2% per year).

In value terms, China ($X) constituted the largest supplier of printers, copying machines and facsimile machines to Norway, comprising 26% of total imports. The second position in the ranking was held by Germany ($X), with a 2.9% share of total imports. It was followed by the Netherlands, with a 2.3% share.

From 2012 to 2021, the average annual growth rate of value from China totaled -11.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-8.7% per year) and the Netherlands (-3.2% per year).

Import Prices by Country

In 2021, the average printers and copying machines import price amounted to $X per unit, with an increase of 5.2% against the previous year. Over the period under review, import price indicated a pronounced expansion from 2012 to 2021: its price increased at an average annual rate of +3.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, printers and copying machines import price decreased by -11.5% against 2019 indices. The most prominent rate of growth was recorded in 2016 an increase of 16%. The import price peaked at $X per unit in 2019; however, from 2020 to 2021, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, the country with the highest price was Germany ($X per unit), while the price for South Korea ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+26.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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