Norway: Telephone Apparatus Market 2024

Telephone Apparatus Market Size in Norway

In 2022, the Norwegian telephone apparatus market increased by 49% to $X, rising for the second consecutive year after three years of decline. In general, the total consumption indicated a strong increase from 2012 to 2022: its value increased at an average annual rate of +7.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +56.5% against 2020 indices. As a result, consumption reached the peak level and is likely to continue growth in the immediate term.

Telephone Apparatus Production in Norway

In value terms, telephone apparatus production shrank to $X in 2022 estimated in export price. In general, production continues to indicate a slight increase. The most prominent rate of growth was recorded in 2017 with an increase of 84% against the previous year. As a result, production attained the peak level of $X. From 2018 to 2022, production growth failed to regain momentum.

Telephone Apparatus Exports

Exports from Norway

In 2022, overseas shipments of telephone apparatus decreased by -3.7% to X tons, falling for the second year in a row after three years of growth. In general, exports continue to indicate a noticeable decline. The growth pace was the most rapid in 2020 with an increase of 33% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, telephone apparatus exports declined to $X in 2022. Over the period under review, exports continue to indicate a slight contraction. The pace of growth appeared the most rapid in 2017 when exports increased by 33% against the previous year. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Sweden (X tons) was the main destination for telephone apparatus exports from Norway, with a 27% share of total exports. Moreover, telephone apparatus exports to Sweden exceeded the volume sent to the second major destination, Denmark (X tons), fourfold. The third position in this ranking was held by the Netherlands (X tons), with a 5.2% share.

From 2012 to 2021, the average annual growth rate of volume to Sweden totaled +3.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+5.3% per year) and the Netherlands (-4.5% per year).

In value terms, the largest markets for telephone apparatus exported from Norway were Sweden ($X), the United States ($X) and Estonia ($X), with a combined 38% share of total exports.

Among the main countries of destination, Estonia, with a CAGR of +46.3%, 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 telephone apparatus export price stood at $X per ton in 2021, picking up by 2.8% against the previous year. Overall, export price indicated a moderate 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, telephone apparatus export price decreased by -37.8% against 2017 indices. The most prominent rate of growth was recorded in 2013 when the average export price increased by 65% against the previous year. The export price peaked at $X per ton in 2017; however, from 2018 to 2021, 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 the United States ($X per ton), while the average price for exports to Denmark ($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 United States (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Telephone Apparatus Imports

Imports into Norway

Telephone apparatus imports into Norway skyrocketed to X tons in 2022, growing by 21% compared with 2021 figures. The total import volume increased at an average annual rate of +4.9% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 when imports increased by 71%. As a result, imports attained the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, telephone apparatus imports soared to $X in 2022. Overall, total imports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +6.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +75.4% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, China (X tons) constituted the largest supplier of telephone apparatus to Norway, accounting for a 24% share of total imports. Moreover, telephone apparatus imports from China exceeded the figures recorded by the second-largest supplier, Taiwan (Chinese) (X tons), ninefold. Sweden (X tons) ranked third in terms of total imports with a 2% share.

From 2012 to 2021, the average annual growth rate of volume from China totaled +4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Taiwan (Chinese) (-0.5% per year) and Sweden (-2.7% per year).

In value terms, China ($X) constituted the largest supplier of telephone apparatus to Norway, comprising 62% of total imports. The second position in the ranking was taken by Vietnam ($X), with an 11% share of total imports. It was followed by Taiwan (Chinese), with a 4.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China totaled +5.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+15.1% per year) and Taiwan (Chinese) (-0.8% per year).

Import Prices by Country

In 2021, the average telephone apparatus import price amounted to $X per ton, growing by 21% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2014 when the average import price increased by 29%. Over the period under review, average import prices hit record highs at $X per ton in 2012; however, from 2013 to 2021, import prices remained at a lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Germany (+3.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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