Norway - Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNorway: Market for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA 2024
Market Size for Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA in Norway
The Norwegian market for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA shrank remarkably to $X in 2023, with a decrease of X% against the previous year. In general, consumption continues to indicate a noticeable reduction. Over the period under review, the market reached the maximum level at $X in 2022, and then declined significantly in the following year.
Production of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from X kVA to X kVA in Norway
In value terms, production of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA skyrocketed to $X in 2023 estimated in export price. In general, production, however, saw a drastic downturn. The most prominent rate of growth was recorded in 2021 with an increase of X% against the previous year. Over the period under review, production of reached the peak level at $X in 2012; however, from 2013 to 2023, production remained at a lower figure.
Exports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA
Exports from Norway
In 2023, the amount of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA exported from Norway surged to X units, increasing by X% on the previous year's figure. Overall, exports, however, continue to indicate a deep reduction. The growth pace was the most rapid in 2015 with an increase of X%. The exports peaked at X units in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.
In value terms, exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA reduced modestly to $X in 2023. In general, exports, however, saw a deep downturn. The most prominent rate of growth was recorded in 2018 when exports increased by X%. Over the period under review, the exports of hit record highs at $X in 2012; however, from 2013 to 2023, the exports stood at a somewhat lower figure.
Exports by Country
Belgium (X units), Sweden (X units) and Denmark (X units) were the main destinations of exports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA from Norway, together accounting for X% of total exports.
From 2012 to 2023, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Belgium (with a CAGR of X%), while the other leaders experienced more modest paces of growth.
In value terms, Sweden ($X) remains the key foreign market for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA exports from Norway, comprising X% of total exports. The second position in the ranking was taken by Belgium ($X), with a X% share of total exports. It was followed by Denmark, with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of value to Sweden totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (X% per year) and Denmark (X% per year).
Export Prices by Country
The average export price for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA stood at $X per unit in 2023, falling by X% against the previous year. Overall, the export price showed a perceptible reduction. The growth pace was the most rapid in 2014 when the average export price increased by X% against the previous year. As a result, the export price reached the peak level of $X per unit. From 2015 to 2023, the average export prices remained at a lower figure.
There were significant differences in the average prices for the major overseas markets. In 2023, amid the top suppliers, the country with the highest price was Sweden ($X per unit), while the average price for exports to Hong Kong SAR ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was recorded for supplies to the United States (X%), while the prices for the other major destinations experienced a decline.
Imports of Electrical Transformers with Liquid Dielectric, of Power Handling Capacity from 650 kVA to 10000 kVA
Imports into Norway
In 2023, approx. X units of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA were imported into Norway; with a decrease of X% compared with the previous year. Overall, imports, however, showed a resilient expansion. The growth pace was the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports of reached the peak figure at X units in 2022, and then fell notably in the following year.
In value terms, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA expanded notably to $X in 2023. Over the period under review, imports, however, showed a buoyant increase. The pace of growth appeared the most rapid in 2017 when imports increased by X% against the previous year. Over the period under review, imports of reached the peak figure at $X in 2020; however, from 2021 to 2023, imports failed to regain momentum.
Imports by Country
In 2023, Poland (X units) constituted the largest electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA supplier to Norway, accounting for a X% share of total imports. Moreover, imports of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA from Poland exceeded the figures recorded by the second-largest supplier, China (X units), tenfold. The third position in this ranking was taken by Belgium (X units), with a X% share.
From 2012 to 2023, the average annual growth rate of volume from Poland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (X% per year) and Belgium (X% per year).
In value terms, Poland ($X) constituted the largest supplier of electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA to Norway, comprising X% of total imports. The second position in the ranking was held by Finland ($X), with a X% share of total imports. It was followed by Italy, with a X% share.
From 2012 to 2023, the average annual growth rate of value from Poland totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Finland (X% per year) and Italy (X% per year).
Import Prices by Country
The average import price for electrical transformers with liquid dielectric, of power handling capacity from X kVA to X kVA stood at $X per unit in 2023, increasing by X% against the previous year. Over the period under review, the import price, however, showed a pronounced reduction. The most prominent rate of growth was recorded in 2020 when the average import price increased by X%. The import price peaked at $X per unit in 2014; however, from 2015 to 2023, import prices remained at a lower figure.
There were significant differences in the average prices amongst the major supplying countries. In 2023, amid the top importers, the country with the highest price was Finland ($X per unit), while the price for Sweden ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Taiwan (Chinese) (X%), while the prices for the other major suppliers experienced more modest paces of growth.
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This report provides an in-depth analysis of the market for electrical transformers with liquid dielectric, of power handling capacity from 650 kva to 10000 kva 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 27114150 - Liquid dielectric transformers having a power handling capacity > .650 kVA but . .10 .000 kVA
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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