Norway: Video Projector Market 2025

Video Projector Market Size in Norway

The Norwegian video projector market dropped to $X in 2021, with a decrease of -14.8% 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). Overall, consumption showed a abrupt slump. Over the period under review, the market hit record highs at $X in 2014; however, from 2015 to 2021, consumption stood at a somewhat lower figure.

Video Projector Exports

Exports from Norway

In 2021, shipments abroad of video projectors was finally on the rise to reach X units for the first time since 2017, thus ending a three-year declining trend. In general, exports, however, continue to indicate a perceptible setback. The most prominent rate of growth was recorded in 2017 with an increase of 265% against the previous year. As a result, the exports attained the peak of X units. From 2018 to 2021, the growth of the exports remained at a lower figure.

In value terms, video projector exports rose markedly to $X in 2021. Overall, exports, however, continue to indicate a deep downturn. The growth pace was the most rapid in 2017 with an increase of 30%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

The United Arab Emirates (X units), the United States (X units) and Sweden (X units) were the main destinations of video projector exports from Norway, together comprising 18% of total exports. These countries were followed by Denmark, Latvia, Cameroon, the UK, Belgium and Germany, which together accounted for a further 3.2%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Cameroon (with a CAGR of +37.8%), while the other leaders experienced more modest paces of growth.

In value terms, the United States ($X) remains the key foreign market for video projectors exports from Norway, comprising 5.8% of total exports. The second position in the ranking was held by the United Arab Emirates ($X), with a 0.5% share of total exports. It was followed by Sweden, with a 0.3% share.

From 2012 to 2021, the average annual growth rate of value to the United States stood at -19.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: the United Arab Emirates (-3.5% per year) and Sweden (-44.4% per year).

Export Prices by Country

In 2021, the average video projector export price amounted to $X per unit, with a decrease of -46.9% against the previous year. In general, the export price showed a abrupt descent. The pace of growth appeared the most rapid in 2018 an increase of 291%. As a result, the export price attained the peak level of $X per unit. From 2019 to 2021, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Belgium ($X per unit), while the average price for exports to Cameroon ($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 (+0.2%), while the prices for the other major destinations experienced a decline.

Video Projector Imports

Imports into Norway

In 2021, overseas purchases of video projectors were finally on the rise to reach X units after three years of decline. Over the period under review, imports, however, showed a deep setback. The pace of growth was the most pronounced in 2014 with an increase of 16% against the previous year. As a result, imports reached the peak of X units. From 2015 to 2021, the growth of imports remained at a lower figure.

In value terms, video projector imports expanded sharply to $X in 2021. Overall, imports, however, recorded a deep slump. The pace of growth appeared the most rapid in 2017 with an increase of 25%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, China (X units) constituted the largest supplier of video projector to Norway, accounting for a 13% share of total imports. Moreover, video projector imports from China exceeded the figures recorded by the second-largest supplier, France (X units), more than tenfold. Mexico (X units) ranked third in terms of total imports with a 1% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to -22.3%. The remaining supplying countries recorded the following average annual rates of imports growth: France (-7.2% per year) and Mexico (+92.8% per year).

In value terms, China ($X) constituted the largest supplier of video projectors to Norway, comprising 8.3% of total imports. The second position in the ranking was taken by the United States ($X), with a 4% share of total imports. It was followed by France, with a 1.2% share.

From 2012 to 2021, the average annual growth rate of value from China totaled -23.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+2.5% per year) and France (+5.3% per year).

Import Prices by Country

In 2021, the average video projector import price amounted to $X per unit, growing by 11% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +2.0%. The most prominent rate of growth was recorded in 2017 when the average import price increased by 16%. Over the period under review, average import prices reached the maximum in 2021 and is likely to continue growth in the immediate term.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Japan (+13.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :