Norway: Market for Ultraviolet Or Infrared Lamps And Arc Lamps 2024

Market Size for Ultraviolet Or Infrared Lamps And Arc Lamps in Norway

The Norwegian market for ultraviolet or infrared lamps and arc lamps fell slightly to $X in 2021, with a decrease of -2% 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). The market value increased at an average annual rate of +1.9% from 2012 to 2021; however, the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. Over the period under review, the market hit record highs at $X in 2018; however, from 2019 to 2021, consumption remained at a lower figure.

Exports of Ultraviolet Or Infrared Lamps And Arc Lamps

Exports from Norway

In 2021, overseas shipments of ultraviolet or infrared lamps and arc lamps increased by 89% to X units, rising for the fourth year in a row after three years of decline. Overall, exports enjoyed a strong expansion. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, ultraviolet, infrared, or arc lamp exports soared to $X in 2021. Over the period under review, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2014 when exports increased by 112%. The exports peaked in 2021 and are expected to retain growth in the near future.

Exports by Country

Sweden (X units), Denmark (X units) and the Netherlands (X units) were the main destinations of ultraviolet, infrared, or arc lamp exports from Norway, with a combined 41% share of total exports. These countries were followed by Germany, Poland, Finland, Faroe Islands, the United States, the UK, Singapore, Belgium, Canada and Russia, which together accounted for a further 49%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +193.3%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), the United States ($X) and the Netherlands ($X) appeared to be the largest markets for ultraviolet, infrared, or arc lamp exported from Norway worldwide, together comprising 41% of total exports. These countries were followed by Germany, Singapore, Denmark, Belgium, Canada, the UK, Faroe Islands, Poland, Finland and Russia, which together accounted for a further 38%.

In terms of the main countries of destination, Belgium, with a CAGR of +81.3%, recorded 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

In 2021, the average export price for ultraviolet or infrared lamps and arc lamps amounted to $X per unit, waning by -33.1% against the previous year. Over the period under review, export price indicated slight growth from 2012 to 2021: its price increased at an average annual rate of +1.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2013 when the average export price increased by 54% against the previous year. The export price peaked at $X per unit in 2014; however, from 2015 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably country of destination: the country with the highest price was Singapore ($X per unit), while the average price for exports to Russia ($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 Belgium (+17.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Ultraviolet Or Infrared Lamps And Arc Lamps

Imports into Norway

In 2021, imports of ultraviolet or infrared lamps and arc lamps into Norway reduced modestly to X units, which is down by -3.6% on the year before. Overall, imports recorded a slight contraction. The growth pace was the most rapid in 2016 when imports increased by 20%. As a result, imports reached the peak of X units. From 2017 to 2021, the growth of imports remained at a somewhat lower figure.

In value terms, ultraviolet, infrared, or arc lamp imports reached $X in 2021. Over the period under review, total imports indicated a noticeable expansion from 2012 to 2021: its value increased at an average annual rate of +3.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports decreased by -1.9% against 2018 indices. The pace of growth was the most pronounced in 2018 with an increase of 33%. As a result, imports reached the peak of $X. From 2019 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Germany (X units), Hungary (X units) and Poland (X units) were the main suppliers of ultraviolet, infrared, or arc lamp imports to Norway, together comprising 68% of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +36.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of ultraviolet or infrared lamps and arc lamps to Norway, comprising 38% of total imports. The second position in the ranking was taken by Hungary ($X), with a 14% share of total imports. It was followed by the Netherlands, with a 4.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Germany was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Hungary (+16.9% per year) and the Netherlands (-1.0% per year).

Import Prices by Country

In 2021, the average import price for ultraviolet or infrared lamps and arc lamps amounted to $X per unit, with an increase of 5% against the previous year. In general, import price indicated a temperate expansion from 2012 to 2021: its price increased at an average annual rate of +4.8% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, ultraviolet, infrared, or arc lamp import price increased by +104.6% against 2016 indices. The most prominent rate of growth was recorded in 2018 an increase of 53%. Over the period under review, average import prices attained the maximum in 2021 and is likely to continue growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+29.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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