Norway: Printing Press Market 2024

Printing Press Market Size in Norway

The Norwegian printing press market soared to $X in 2022, with an increase of 9,095% against the previous year. In general, consumption, however, continues to indicate a deep setback. Over the period under review, the market reached the maximum level at $X in 2017; however, from 2018 to 2022, consumption remained at a lower figure.

Printing Press Production in Norway

In value terms, printing press production totaled less than $X in 2022 estimated in export price. In general, production continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 when the production volume decreased by 99.9% against the previous year. Printing press production peaked at $X in 2017; however, from 2018 to 2022, production stood at a somewhat lower figure.

Printing Press Exports

Exports from Norway

In 2022, exports of printing presses from Norway contracted to X units, which is down by -6.1% against the year before. Overall, exports, however, showed pronounced growth. The pace of growth appeared the most rapid in 2021 with an increase of 256%. The exports peaked at X units in 2013; however, from 2014 to 2022, the exports stood at a somewhat lower figure.

In value terms, printing press exports surged to $X in 2022. Over the period under review, exports showed a perceptible descent. Over the period under review, the exports attained the maximum at $X in 2013; however, from 2014 to 2022, the exports remained at a lower figure.

Exports by Country

Poland (X units) was the main destination for printing press exports from Norway, accounting for a 61% share of total exports. Moreover, printing press exports to Poland exceeded the volume sent to the second major destination, the Netherlands (X units), twofold. The third position in this ranking was taken by the UK (X units), with a 4.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Poland stood at +38.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Netherlands (+57.7% per year) and the UK (+17.3% per year).

In value terms, the largest markets for printing press exported from Norway were Germany ($X), the UK ($X) and the Netherlands ($X), together accounting for 69% of total exports.

The Netherlands, with a CAGR of +43.8%, recorded 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 more modest paces of growth.

Export Prices by Country

The average printing press export price stood at $X per unit in 2022, increasing by 261% against the previous year. In general, the export price, however, showed a deep downturn. Over the period under review, the average export prices attained the maximum at $X per unit in 2018; however, from 2019 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Poland ($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 Germany (+22.0%), while the prices for the other major destinations experienced mixed trend patterns.

Printing Press Imports

Imports into Norway

In 2022, the amount of printing presses imported into Norway skyrocketed to X units, rising by 190% on 2021 figures. In general, imports, however, recorded a slight downturn. Over the period under review, imports hit record highs at X units in 2016; however, from 2017 to 2022, imports remained at a lower figure.

In value terms, printing press imports fell notably to $X in 2022. Over the period under review, imports, however, showed a deep contraction. The most prominent rate of growth was recorded in 2016 when imports increased by 112%. Over the period under review, imports reached the peak figure at $X in 2017; however, from 2018 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the United States (X units) constituted the largest printing press supplier to Norway, accounting for a 62% share of total imports. Moreover, printing press imports from the United States exceeded the figures recorded by the second-largest supplier, Germany (X units), fourfold. The UK (X units) ranked third in terms of total imports with a 3.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from the United States totaled +68.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-9.4% per year) and the UK (+0.7% per year).

In value terms, the UK ($X), Germany ($X) and the United States ($X) constituted the largest printing press suppliers to Norway, with a combined 58% share of total imports. China, Denmark, Japan and Indonesia lagged somewhat behind, together comprising a further 7.7%.

Among the main suppliers, Indonesia, with a CAGR of +28.4%, saw 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 printing press import price stood at $X per unit in 2022, which is down by -75.9% against the previous year. Over the period under review, the import price showed a abrupt decrease. The pace of growth appeared the most rapid in 2021 when the average import price increased by 93% against the previous year. The import price peaked at $X per unit in 2019; however, from 2020 to 2022, import prices failed to regain momentum.

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 the UK ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Japan (+14.9%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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