Report Update Feb 1, 2025

Norway - Ships, Vessels, Ferry-Boats for the Transport of Persons - Market Analysis, Forecast, Size, Trends and Insights

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Norway: Shipping Market 2025

Shipping Market Size in Norway

The Norwegian shipping market rose notably to $X in 2021, picking up by 14% against the previous year. In general, consumption showed significant growth. Shipping consumption peaked at $X in 2017; however, from 2018 to 2021, consumption stood at a somewhat lower figure.

Shipping Production in Norway

In value terms, shipping production rose rapidly to $X in 2021 estimated in export price. In general, production showed a prominent expansion. The pace of growth was the most pronounced in 2018 with an increase of 60% against the previous year. Shipping production peaked at $X in 2019; however, from 2020 to 2021, production stood at a somewhat lower figure.

Shipping Exports

Exports from Norway

Shipping exports from Norway skyrocketed to X units in 2021, with an increase of 378% against the previous year's figure. Overall, exports showed a significant increase. The growth pace was the most rapid in 2018 with an increase of 1,586% against the previous year. The exports peaked in 2021 and are expected to retain growth in years to come.

In value terms, shipping exports surged to $X in 2021. In general, exports enjoyed significant growth. The most prominent rate of growth was recorded in 2018 when exports increased by 1,836%. The exports peaked in 2021 and are expected to retain growth in years to come.

Exports by Country

France (X units), Bermuda (X units) and Germany (X units) were the main destinations of shipping exports from Norway, together comprising 85% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Germany (with a CAGR of +103.2%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for shipping exported from Norway were France ($X), Bermuda ($X) and Germany ($X), with a combined 85% share of total exports.

In terms of the main countries of destination, Germany, with a CAGR of +102.2%, saw the highest rates of growth with regard to 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 shipping export price stood at $X per unit in 2021, waning by -34.4% against the previous year. In general, the export price recorded a abrupt downturn. The growth pace was the most rapid in 2017 when the average export price increased by 149% against the previous year. Over the period under review, the average export prices reached the maximum at $X per unit in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Average prices varied noticeably for the major foreign markets. In 2021, amid the top suppliers, the highest price was recorded for prices to France ($X per unit) and Germany ($X per unit), while the average price for exports to Bermuda ($X per unit) and Bahamas ($X per unit) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to China (+37.8%), while the prices for the other major destinations experienced a decline.

Shipping Imports

Imports into Norway

In 2021, imports of ships, vessels, ferry-boats for the transport of persons into Norway skyrocketed to X units, rising by 45% compared with 2020. In general, imports enjoyed significant growth. The growth pace was the most rapid in 2014 with an increase of 18,733% against the previous year. Imports peaked at X units in 2017; however, from 2018 to 2021, imports stood at a somewhat lower figure.

In value terms, shipping imports soared to $X in 2021. Over the period under review, imports saw measured growth. The growth pace was the most rapid in 2017 with an increase of 564% against the previous year. As a result, imports reached the peak of $X. From 2018 to 2021, the growth of imports remained at a lower figure.

Imports by Country

In 2021, Turkey (X units) constituted the largest shipping supplier to Norway, accounting for a 88% share of total imports. Moreover, shipping imports from Turkey exceeded the figures recorded by the second-largest supplier, the Netherlands (X units), eightfold.

From 2012 to 2021, the average annual growth rate of volume from Turkey totaled +16.6%.

In value terms, Turkey ($X) constituted the largest supplier of ships, vessels, ferry-boats for the transport of persons to Norway, comprising 88% of total imports. The second position in the ranking was taken by the Netherlands ($X), with an 11% share of total imports.

From 2012 to 2021, the average annual growth rate of value from Turkey stood at +35.0%.

Import Prices by Country

The average shipping import price stood at $X per unit in 2021, reducing by -6% against the previous year. In general, the import price recorded a dramatic slump. The most prominent rate of growth was recorded in 2015 when the average import price increased by 106%. The import price peaked at $X per unit in 2012; however, from 2013 to 2021, import prices stood at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was Turkey ($X per unit), while the price for the Netherlands stood at $X per unit.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+15.8%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for ships, vessels, ferry-boats for the transport of persons in the world?

The countries with the highest volumes of shipping consumption in 2021 were Italy, France and China, with a combined 51% share of global consumption.

What are the largest producers of ships, vessels, ferry-boats for the transport of persons in the world?

Italy constituted the country with the largest volume of shipping production, comprising approx. 50% of total volume. Moreover, shipping production in Italy exceeded the figures recorded by the second-largest producer, France, fivefold. China ranked third in terms of total production with a 10% share.

What are the leading suppliers of ships, vessels, ferry-boats for the transport of persons to Norway?

In value terms, Turkey constituted the largest supplier of shipping to Norway.

What are the leading importers of ships, vessels, ferry-boats for the transport of persons from Norway?

In value terms, France remains the key foreign market for shipping exports from Norway, comprising 94% of total exports. The second position in the ranking was occupied by China, with a 6.2% share of total exports.

What is the average export price for ships, vessels, ferry-boats for the transport of persons in Norway?

The average shipping export price stood at $28,253 per unit in 2021, falling by -8.1% against the previous year.

What is the average import price for ships, vessels, ferry-boats for the transport of persons in Norway?

In 2021, the average shipping import price amounted to $21,400 per unit, standing approx. at the previous year.

This report provides an in-depth analysis of the shipping 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 30112130 - Cruise vessels
Prodcom 30112150 - Ferries

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 2012–2024
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2024
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 2024
2. Market Volume, In Physical Terms, 2012–2024
3. Market Value, 2012–2024
4. Per Capita Consumption In 2012-2024
5. Imports, In Physical Terms, By Country, 2012–2024
6. Imports, In Value Terms, By Country, 2012–2024
7. Import Prices, By Country Of Origin, 2012–2024
8. Exports, In Physical Terms, By Country, 2012–2024
9. Exports, In Value Terms, By Country, 2012–2024
10. Export Prices, By Country Of Destination, 2012–2024
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2024
2. Market Value, 2012–2024
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2024
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2024
5. Trade Balance, In Physical Terms, 2012-2024
6. Trade Balance, In Value Terms, 2012-2024
7. Per Capita Consumption, 2012-2024
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, 2012–2024
22. Production, In Value Terms, 2012–2024
23. Imports, In Physical Terms, 2012–2024
24. Imports, In Value Terms, 2012–2024
25. Imports, In Physical Terms, By Country, 2024
26. Imports, In Physical Terms, By Country, 2012–2024
27. Imports, In Value Terms, By Country, 2012–2024
28. Import Prices, By Country Of Origin, 2012–2024
29. Exports, In Physical Terms, 2012–2024
30. Exports, In Value Terms, 2012–2024
31. Exports, In Physical Terms, By Country, 2024
32. Exports, In Physical Terms, By Country, 2012–2024
33. Exports, In Value Terms, By Country, 2012–2024
34. Export Prices, By Country Of Destination, 2012–2024