Norway: Silencer Market 2025

Silencer Market Size in Norway

The Norwegian silencer market fell slightly to $X in 2021, waning by -1.7% 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). Over the period under review, consumption saw a perceptible decrease. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Silencer Exports

Exports from Norway

In 2021, the amount of silencers and exhaust pipes exported from Norway soared to X tons, jumping by 27% against the previous year. Over the period under review, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2019 with an increase of 330%. As a result, the exports reached the peak of X tons. From 2020 to 2021, the growth of the exports failed to regain momentum.

In value terms, silencer exports surged to $X in 2021. In general, exports, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2019 when exports increased by 683%. As a result, the exports attained the peak of $X. From 2020 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Sweden (X tons) was the main destination for silencer exports from Norway, with a 57% share of total exports. Moreover, silencer exports to Sweden exceeded the volume sent to the second major destination, Lithuania (X tons), fourfold. The third position in this ranking was taken by Belgium (X tons), with a 6.1% share.

From 2012 to 2021, the average annual growth rate of volume to Sweden stood at +5.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Lithuania (+154.9% per year) and Belgium (+15.3% per year).

In value terms, Sweden ($X) remains the key foreign market for silencer exports from Norway, comprising 63% of total exports. The second position in the ranking was held by Belgium ($X), with a 9.3% share of total exports. It was followed by Lithuania, with a 7.1% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Sweden stood at +5.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+15.0% per year) and Lithuania (+97.1% per year).

Export Prices by Country

The average silencer export price stood at $X per ton in 2021, picking up by 10% against the previous year. Over the period under review, the export price, however, showed a slight descent. The pace of growth was the most pronounced in 2014 when the average export price increased by 113% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Belgium ($X per ton), while the average price for exports to Lithuania ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to the Czech Republic (+11.4%), while the prices for the other major destinations experienced more modest paces of growth.

Silencer Imports

Imports into Norway

In 2021, the amount of silencers and exhaust pipes imported into Norway contracted significantly to X tons, which is down by -15.8% compared with 2020 figures. Over the period under review, imports continue to indicate a abrupt contraction. The pace of growth appeared the most rapid in 2020 when imports increased by 7.9% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports stood at a somewhat lower figure.

In value terms, silencer imports stood at $X in 2021. Overall, imports continue to indicate a noticeable decrease. The pace of growth was the most pronounced in 2018 when imports increased by 12%. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Germany (X tons), Turkey (X tons) and France (X tons) were the main suppliers of silencer imports to Norway, together comprising 35% of total imports. These countries were followed by Poland, the Czech Republic, Sweden, Finland, China, the United States, Japan, the UK, Latvia and Denmark, which together accounted for a further 52%.

From 2012 to 2021, the biggest increases were in Latvia (with a CAGR of +120.5%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of silencer to Norway, comprising 22% of total imports. The second position in the ranking was taken by the UK ($X), with a 7.6% share of total imports. It was followed by Sweden, with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany totaled +3.2%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (-2.0% per year) and Sweden (-20.3% per year).

Import Prices by Country

The average silencer import price stood at $X per ton in 2021, growing by 24% against the previous year. Over the last nine-year period, it increased at an average annual rate of +4.9%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+10.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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