Price for Reciprocating or Rotary Internal Combustion Piston Engines in Norway - 2024

Contents:

  1. Price for Reciprocating or Rotary Internal Combustion Piston Engines in Norway (CIF) - 2022
  2. Price for Reciprocating or Rotary Internal Combustion Piston Engines in Norway (FOB) - 2022
  3. Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Norway
  4. Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Norway

Price for Reciprocating or Rotary Internal Combustion Piston Engines in Norway (CIF) - 2022

The average import price for reciprocating or rotary internal combustion piston engineses stood at $3,105 per unit in 2022, with a decrease of -14.6% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2019 when the average import price increased by 15%. As a result, import price attained the peak level of $3,792 per unit. From 2020 to 2022, the average 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 the United States ($5,660 per unit), while the price for Thailand ($831 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the UK (+6.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Reciprocating or Rotary Internal Combustion Piston Engines in Norway (FOB) - 2022

In 2022, the average export price for reciprocating or rotary internal combustion piston engineses amounted to $1,894 per unit, jumping by 51% against the previous year. Over the period under review, the export price, however, continues to indicate a deep setback. The most prominent rate of growth was recorded in 2013 an increase of 154% against the previous year. As a result, the export price attained the peak level of $9,570 per unit. From 2014 to 2022, the average export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($4,796 per unit), while the average price for exports to Nigeria ($231 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 the Netherlands (+1.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Reciprocating or Rotary Internal Combustion Piston Engines in Norway

Imports of reciprocating or rotary internal combustion piston engineses into Norway expanded remarkably to 27K units in 2022, increasing by 5.7% against the previous year's figure. Over the period under review, imports, however, recorded a mild setback. The growth pace was the most rapid in 2021 when imports increased by 27%. Imports peaked at 28K units in 2019; however, from 2020 to 2022, imports failed to regain momentum.

In value terms, imports of reciprocating or rotary internal combustion piston engineses declined to $83M in 2022. Overall, imports, however, showed a deep slump. The most prominent rate of growth was recorded in 2021 with an increase of 17% against the previous year. Over the period under review, imports of reached the peak figure at $107M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Import of Reciprocating or Rotary Internal Combustion Piston Engines in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Japan56.846.160.450.3-4.0%
United States25.024.218.319.3-8.3%
China1.31.02.63.437.8%
Germany1.91.82.42.813.8%
Sweden1.00.91.61.719.3%
Thailand0.80.81.51.07.7%
Netherlands0.20.60.50.644.2%
United Kingdom9.20.41.10.6-59.7%
France8.80.60.30.1-77.5%
Others2.01.92.73.115.7%
Total10778.491.483.1-8.1%

Top Suppliers of Reciprocating or Rotary Internal Combustion Piston Engines to Norway in 2022:

  1. Japan (14.0K units)
  2. China (3.6K units)
  3. United States (3.4K units)
  4. Thailand (1.2K units)
  5. Germany (1.1K units)
  6. Netherlands (0.5K units)
  7. Sweden (0.5K units)
  8. United Kingdom (0.2K units)
  9. France (0.1K units)

Exports of Reciprocating or Rotary Internal Combustion Piston Engines in Norway

In 2022, overseas shipments of reciprocating or rotary internal combustion piston engineses were finally on the rise to reach 3.7K units after two years of decline. Over the period under review, exports, however, saw a abrupt decrease. Over the period under review, the exports of attained the maximum at 5K units in 2019; however, from 2020 to 2022, the exports remained at a lower figure.

In value terms, exports of reciprocating or rotary internal combustion piston engineses soared to $6.9M in 2022. Overall, exports, however, continue to indicate a abrupt decrease. Over the period under review, the exports of reached the peak figure at $9.2M in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Export of Reciprocating or Rotary Internal Combustion Piston Engines in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland1,8241,4622151,238-12.1%
Sweden4,4301,5461,2271,067-37.8%
Denmark54.6270175769141.5%
Germany10623716253871.9%
France18615850952941.7%
United Arab Emirates14.9N/A34.3498222.1%
IndonesiaN/AN/AN/A2300%
Lithuania12412021719716.7%
Ghana60.937.119.112627.4%
Netherlands12330.610477.4-14.3%
Belgium24.644764.642.820.3%
Nigeria28019217.529.1-53.0%
JordanN/A11.11525.6-29.0%
Others1,9831,4699901,576-7.4%
Total9,2115,9803,8866,924-9.1%

Top Export Markets for Reciprocating or Rotary Internal Combustion Piston Engines from Norway in 2022:

  1. United Arab Emirates (800.0 units)
  2. Lithuania (442.0 units)
  3. Ghana (373.0 units)
  4. France (354.0 units)
  5. Sweden (337.0 units)
  6. Denmark (327.0 units)
  7. Germany (290.0 units)
  8. Nigeria (126.0 units)
  9. Indonesia (84.0 units)
  10. Poland (49.0 units)
  11. Netherlands (43.0 units)
  12. Belgium (25.0 units)
  13. Jordan (9.0 units)

Source: IndexBox Market Intelligence Platform

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