Norway: Wheeled Dozer Market 2025

Wheeled Dozer Market Size in Norway

In 2022, the Norwegian wheeled dozer market decreased by -3.4% to $X, falling for the third year in a row after two years of growth. Over the period under review, consumption showed a mild slump. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Wheeled Dozer Production in Norway

In value terms, wheeled dozer production contracted markedly to $X in 2022 estimated in export price. Overall, production, however, saw a abrupt decrease. The pace of growth appeared the most rapid in 2019 with an increase of 40%. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Wheeled Dozer Exports

Exports from Norway

In 2022, shipments abroad of wheeled dozers increased by 200% to X units, rising for the third year in a row after two years of decline. Overall, exports saw prominent growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, wheeled dozer exports skyrocketed to $X in 2022. Over the period under review, exports enjoyed buoyant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Denmark (X units), Belgium (X units) and Sweden (X units) were the main destinations of wheeled dozer exports from Norway, together accounting for 73% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Denmark (with a CAGR of +33.5%), while the other leaders experienced more modest paces of growth.

In value terms, Denmark ($X) remains the key foreign market for wheeled dozers exports from Norway, comprising 76% of total exports. The second position in the ranking was taken by Sweden ($X), with a 12% share of total exports. It was followed by the Netherlands, with a 3.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Denmark amounted to +51.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+6.3% per year) and the Netherlands (+5.6% per year).

Export Prices by Country

The average wheeled dozer export price stood at $X per unit in 2022, rising by 34% against the previous year. Overall, the export price, however, recorded a perceptible contraction. The most prominent rate of growth was recorded in 2020 an increase of 164% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2021 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($X per unit), while the average price for exports to Belgium ($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 Finland (+40.1%), while the prices for the other major destinations experienced mixed trend patterns.

Wheeled Dozer Imports

Imports into Norway

In 2022, the amount of wheeled dozers imported into Norway surged to X units, growing by 78% on the previous year's figure. Overall, imports posted temperate growth. The growth pace was the most rapid in 2021 with an increase of 200%. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in years to come.

In value terms, wheeled dozer imports surged to $X in 2022. Over the period under review, imports continue to indicate a tangible increase. The most prominent rate of growth was recorded in 2019 when imports increased by 252%. Imports peaked at $X in 2015; however, from 2016 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Denmark (X units) constituted the largest wheeled dozer supplier to Norway, accounting for a 50% share of total imports. Moreover, wheeled dozer imports from Denmark exceeded the figures recorded by the second-largest supplier, the United States (X units), threefold. Poland (X units) ranked third in terms of total imports with a 9.4% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Denmark amounted to +32.0%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+10.7% per year) and Poland (-10.4% per year).

In value terms, Denmark ($X) constituted the largest supplier of wheeled dozers to Norway, comprising 45% of total imports. The second position in the ranking was taken by the United States ($X), with a 19% share of total imports. It was followed by Belgium, with a 16% share.

From 2012 to 2022, the average annual growth rate of value from Denmark stood at +25.9%. The remaining supplying countries recorded the following average annual rates of imports growth: the United States (+9.8% per year) and Belgium (+109.4% per year).

Import Prices by Country

The average wheeled dozer import price stood at $X per unit in 2022, which is down by -5.7% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 an increase of 252% against the previous year. Over the period under review, average import prices reached the peak figure at $X per unit in 2015; however, from 2016 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 Belgium ($X per unit), while the price for France ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+118.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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