Norway: Unit Construction Machine Market 2025

Unit Construction Machine Market Size in Norway

The Norwegian unit construction machine market declined notably to $X in 2022, dropping by X% against the previous year. In general, consumption saw a abrupt descent. Unit construction machine consumption peaked at $X in 2015; however, from 2016 to 2022, consumption failed to regain momentum.

Unit Construction Machine Production in Norway

In value terms, unit construction machine production fell remarkably to $X in 2022 estimated in export price. In general, production continues to indicate a abrupt contraction. The pace of growth was the most pronounced in 2013 when the production volume decreased by X% against the previous year. Over the period under review, production reached the peak level at $X in 2015; however, from 2016 to 2022, production failed to regain momentum.

Unit Construction Machine Exports

Exports from Norway

In 2022, after two years of growth, there was significant decline in overseas shipments of unit construction machines for working metal, when their volume decreased by X% to X units. Over the period under review, exports recorded a deep slump. The most prominent rate of growth was recorded in 2015 with an increase of X% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

In value terms, unit construction machine exports shrank rapidly to $X in 2022. Overall, exports recorded a sharp descent. The most prominent rate of growth was recorded in 2015 when exports increased by X% against the previous year. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Qatar (X units), the UK (X units) and Sweden (X units) were the main destinations of unit construction machine exports from Norway, together accounting for X% of total exports. These countries were followed by Lithuania, which accounted for a further X%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Lithuania (with a CAGR of X%), while the other leaders experienced more modest paces of growth.

In value terms, Qatar ($X) emerged as the key foreign market for unit construction machines for working metal exports from Norway, comprising X% of total exports. The second position in the ranking was taken by the UK ($X), with a X% share of total exports. It was followed by Lithuania, with an X% share.

From 2012 to 2022, the average annual growth rate of value to Qatar was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (X% per year) and Lithuania (X% per year).

Export Prices by Country

In 2022, the average unit construction machine export price amounted to $X per unit, reducing by X% against the previous year. In general, the export price saw a abrupt downturn. The pace of growth appeared the most rapid in 2015 when the average export price increased by X% against the previous year. As a result, the export price attained the peak level of $X per unit. From 2016 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Qatar ($X per unit), while the average price for exports to Sweden ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Spain (X%), while the prices for the other major destinations experienced mixed trend patterns.

Unit Construction Machine Imports

Imports into Norway

In 2022, unit construction machine imports into Norway declined sharply to X units, with a decrease of X% compared with the year before. Overall, imports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2020 with an increase of X% against the previous year. Imports peaked at X units in 2014; however, from 2015 to 2022, imports failed to regain momentum.

In value terms, unit construction machine imports declined markedly to $X in 2022. In general, imports, however, showed a perceptible expansion. The most prominent rate of growth was recorded in 2020 when imports increased by X% against the previous year. Imports peaked at $X in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Germany (X units) constituted the largest supplier of unit construction machine to Norway, accounting for a X% share of total imports. Moreover, unit construction machine imports from Germany exceeded the figures recorded by the second-largest supplier, Japan (X units), sevenfold. The third position in this ranking was taken by the Netherlands (X units), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Germany stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (X% per year) and the Netherlands (X% per year).

In value terms, Germany ($X) constituted the largest supplier of unit construction machines for working metal to Norway, comprising X% of total imports. The second position in the ranking was held by the Netherlands ($X), with a X% share of total imports. It was followed by the United States, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Germany amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: the Netherlands (X% per year) and the United States (X% per year).

Import Prices by Country

The average unit construction machine import price stood at $X per unit in 2022, declining by X% against the previous year. In general, the import price continues to indicate a abrupt decline. The growth pace was the most rapid in 2017 when the average import price increased by X% against the previous year. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, import prices remained at a lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Japan ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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