Report Update Nov 1, 2024

Norway - Self-Propelled Coal or Rock Cutters and Tunnelling Machinery - Market Analysis, Forecast, Size, Trends and Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Norway: Self-Propelled Rock Cutter Market 2024

Self-Propelled Rock Cutter Market Size in Norway

The Norwegian self-propelled rock cutter market surged to $X in 2021, with an increase of 80% 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). Over the period under review, consumption, however, saw a noticeable setback. Self-propelled rock cutter consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Self-Propelled Rock Cutter Exports

Exports from Norway

In 2021, after two years of growth, there was significant decline in shipments abroad of self-propelled coal or rock cutters and tunnelling machinery, when their volume decreased by -56.2% to X units. In general, exports recorded a perceptible shrinkage. The most prominent rate of growth was recorded in 2019 when exports increased by 700%. The exports peaked at X units in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

In value terms, self-propelled rock cutter exports contracted notably to $X in 2021. Overall, exports showed a drastic downturn. The most prominent rate of growth was recorded in 2019 with an increase of 2,642%. The exports peaked at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Spain (X units) and Austria (X units) were the main destinations of self-propelled rock cutter exports from Norway.

From 2012 to 2021, the biggest increases were recorded for Spain (with a CAGR of +13.0%).

In value terms, the largest markets for self-propelled rock cutter exported from Norway were Austria ($X), Spain ($X) and Sweden ($X), together comprising 22% of total exports.

Austria, with a CAGR of -3.6%, 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 a decline.

Export Prices by Country

The average self-propelled rock cutter export price stood at $X per unit in 2021, picking up by 33% against the previous year. Overall, the export price, however, saw a slight reduction. The most prominent rate of growth was recorded in 2019 when the average export price increased by 316% against the previous year. The export price peaked at $X per unit in 2015; however, from 2016 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Saudi Arabia ($X per unit), while the average price for exports to Greece ($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 Saudi Arabia (+51.0%), while the prices for the other major destinations experienced mixed trend patterns.

Self-Propelled Rock Cutter Imports

Imports into Norway

In 2021, the amount of self-propelled coal or rock cutters and tunnelling machinery imported into Norway skyrocketed to X units, picking up by 35% against the year before. Over the period under review, imports, however, continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2018 with an increase of 277% against the previous year. Over the period under review, imports reached the peak figure at X units in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, self-propelled rock cutter imports skyrocketed to $X in 2021. In general, imports, however, continue to indicate a perceptible reduction. The pace of growth was the most pronounced in 2016 when imports increased by 210%. As a result, imports attained the peak of $X. From 2017 to 2021, the growth of imports remained at a lower figure.

Imports by Country

China (X units), the Netherlands (X units) and Austria (X units) were the main suppliers of self-propelled rock cutter imports to Norway, together comprising 23% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +43.1%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest self-propelled rock cutter suppliers to Norway were Sweden ($X), Finland ($X) and China ($X), with a combined 46% share of total imports.

In terms of the main suppliers, China, with a CAGR of +111.0%, 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 self-propelled rock cutter import price stood at $X per unit in 2021, reducing by -2.1% against the previous year. In general, the import price, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when the average import price increased by 340% against the previous year. As a result, import price reached the peak level of $X per unit, and then shrank modestly in the following year.

Prices varied noticeably country of origin: the country with the highest price was Sweden ($X per unit), while the price for the United States ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+30.8%), 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 self-propelled coal or rock cutters and tunnelling machinery in the world?

The countries with the highest volumes of self-propelled rock cutter consumption in 2020 were New Zealand, Sweden and Japan, with a combined 59% share of global consumption. These countries were followed by France, Saudi Arabia, India, Iran, South Korea, Poland, Azerbaijan, Turkey and Australia, which together accounted for a further 26%.

What are the largest producers of self-propelled coal or rock cutters and tunnelling machinery in the world?

The countries with the highest volumes of self-propelled rock cutter production in 2020 were New Zealand, Sweden and Japan, with a combined 69% share of global production. These countries were followed by Finland, India, Austria, Iran, France, China and Azerbaijan, which together accounted for a further 23%.

What are the leading suppliers of self-propelled coal or rock cutters and tunnelling machinery to Norway?

In value terms, Finland, Sweden and China appeared to be the largest self-propelled rock cutter suppliers to Norway, with a combined 100% share of total imports.

What are the leading importers of self-propelled coal or rock cutters and tunnelling machinery from Norway?

In value terms, Sweden, Austria and India appeared to be the largest markets for self-propelled rock cutter exported from Norway worldwide, together accounting for 85% of total exports.

What is the average export price for self-propelled coal or rock cutters and tunnelling machinery in Norway?

The average self-propelled rock cutter export price stood at $67,688 per unit in 2020, shrinking by -19% against the previous year.

What is the average import price for self-propelled coal or rock cutters and tunnelling machinery in Norway?

The average self-propelled rock cutter import price stood at $126,026 per unit in 2020, with a decrease of -9.7% against the previous year.

This report provides an in-depth analysis of the self-propelled rock cutter market 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 28921233 - Self-propelled coal or rock cutters and tunnelling machinery

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
Find deeper insights into current market developments
Discover vital success factors affecting the market

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
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

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