Norway - Water-Skis, Surfboards and Sailboards - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNorway: Water-Skis And Surfboards Market 2024
Water-Skis And Surfboards Market Size in Norway
The Norwegian water-skis and surfboards market rose slightly to $X in 2022, growing by 3% 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 showed strong growth. Water-skis and surfboards consumption peaked in 2022 and is likely to continue growth in the immediate term.
Water-Skis And Surfboards Exports
Exports from Norway
In 2022, overseas shipments of water-skis, surfboards and sailboards were finally on the rise to reach X units after two years of decline. Over the period under review, exports posted a buoyant expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.
In value terms, water-skis and surfboards exports skyrocketed to $X in 2022. In general, exports continue to indicate a pronounced increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Exports by Country
Sweden (X units) was the main destination for water-skis and surfboards exports from Norway, with a 90% share of total exports. Moreover, water-skis and surfboards exports to Sweden exceeded the volume sent to the second major destination, Finland (X units), more than tenfold.
From 2012 to 2022, the average annual growth rate of volume to Sweden amounted to +8.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Finland (+4.3% per year) and South Korea (+44.5% per year).
In value terms, Sweden ($X) remains the key foreign market for water-skis, surfboards and sailboards exports from Norway, comprising 77% of total exports. The second position in the ranking was held by South Korea ($X), with an 8.1% share of total exports.
From 2012 to 2022, the average annual growth rate of value to Sweden stood at +7.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: South Korea (+33.1% per year) and Finland (-1.9% per year).
Export Prices by Country
The average water-skis and surfboards export price stood at $X per unit in 2022, declining by -17.2% against the previous year. Over the period under review, the export price showed a noticeable slump. The growth pace was the most rapid in 2014 when the average export price increased by 48% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2022, the average export prices remained at a lower figure.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was South Korea ($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 Sweden (-0.7%), while the prices for the other major destinations experienced a decline.
Water-Skis And Surfboards Imports
Imports into Norway
In 2022, the amount of water-skis, surfboards and sailboards imported into Norway soared to X units, growing by 29% against 2021. Overall, imports posted a buoyant expansion. The pace of growth was the most pronounced in 2021 when imports increased by 146%. Over the period under review, imports reached the maximum in 2022 and are likely to see gradual growth in the near future.
In value terms, water-skis and surfboards imports contracted modestly to $X in 2022. Over the period under review, imports continue to indicate a remarkable increase. The pace of growth appeared the most rapid in 2021 with an increase of 108%. As a result, imports reached the peak of $X, leveling off in the following year.
Imports by Country
In 2022, China (X units) constituted the largest water-skis and surfboards supplier to Norway, with a 87% share of total imports. It was followed by India (X units), with a 2.7% share of total imports.
From 2012 to 2022, the average annual growth rate of volume from China amounted to +22.9%.
In value terms, China ($X) constituted the largest supplier of water-skis, surfboards and sailboards to Norway, comprising 71% of total imports. The second position in the ranking was held by India ($X), with a 1.1% share of total imports.
From 2012 to 2022, the average annual rate of growth in terms of value from China totaled +23.5%.
Import Prices by Country
In 2022, the average water-skis and surfboards import price amounted to $X per unit, dropping by -23.5% against the previous year. Overall, the import price saw a pronounced contraction. The most prominent rate of growth was recorded in 2020 when the average import price increased by 26%. Over the period under review, average import prices hit record highs at $X per unit in 2013; however, from 2014 to 2022, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($X per unit), while the price for India amounted to $X per unit.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+0.5%).
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the water-skis and surfboards market in Norway. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.
Product coverage:
- Prodcom 32301300 - Water-skis, surfboards, sailboards and other water-sport equipment
Country coverage:
- Norway
Data coverage:
- Market volume and value
- Per Capita consumption
- Forecast of the market dynamics in the medium term
- Trade (exports and imports) in Norway
- Export and import prices
- Market trends, drivers and restraints
- Key market players and their profiles
Reasons to buy this report:
- Take advantage of the latest data
- Find deeper insights into current market developments
- Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.
In this report, you can find information that helps you to make informed decisions on the following issues:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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