Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Norway - 2024

Contents:

  1. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Norway (CIF) - 2022
  2. Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Norway (FOB) - 2022
  3. Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Norway
  4. Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Norway

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Norway (CIF) - 2022

The average import price for drawing, marking-out or mathematical calculating instrumentses stood at $4.2 per unit in 2022, with an increase of 2% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The pace of growth was the most pronounced in 2021 when the average import price increased by 38%. The import price peaked at $4.4 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 Denmark ($71 per unit), while the price for Thailand ($0.8 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+49.0%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Drawing, Marking-Out or Mathematical Calculating Instruments in Norway (FOB) - 2022

The average export price for drawing, marking-out or mathematical calculating instrumentses stood at $34 per unit in 2022, increasing by 175% against the previous year. Over the period under review, the export price showed buoyant growth. The growth pace was the most rapid in 2019 an increase of 1,180%. As a result, the export price attained the peak level of $163 per unit. From 2020 to 2022, the average export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the United Arab Emirates ($473 per unit), while the average price for exports to Finland ($6.7 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 Russia (+10.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Drawing, Marking-Out or Mathematical Calculating Instruments in Norway

In 2022, purchases abroad of drawing, marking-out or mathematical calculating instrumentses decreased by -28.1% to 196K units, falling for the second year in a row after two years of growth. Over the period under review, imports continue to indicate a abrupt setback. The pace of growth appeared the most rapid in 2020 with an increase of 30% against the previous year. As a result, imports reached the peak of 298K units. From 2021 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of drawing, marking-out or mathematical calculating instrumentses declined markedly to $817K in 2022. Overall, imports continue to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when imports increased by 26% against the previous year. As a result, imports reached the peak of $1.1M, and then shrank significantly in the following year.

Import of Drawing, Marking-Out or Mathematical Calculating Instruments in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
China17326334032923.9%
Germany226172172147-13.4%
United States12498.1250103-6.0%
Denmark41.710519.152.78.1%
Italy55.774.662.941.1-9.6%
France50.440.835.126.6-19.2%
Taiwan (Chinese)5.49.811.717.447.7%
India21.632.553.09.2-24.8%
Thailand4.24.60.95.27.4%
Others12483.417185.9-11.5%
Total8278831,115817-0.4%

Top Suppliers of Drawing, Marking-Out or Mathematical Calculating Instruments to Norway in 2022:

  1. China (90.5K units)
  2. Germany (46.3K units)
  3. Italy (19.2K units)
  4. France (12.0K units)
  5. Thailand (6.2K units)
  6. United States (5.2K units)
  7. Taiwan (Chinese) (4.5K units)
  8. India (3.7K units)
  9. Denmark (0.7K units)

Exports of Drawing, Marking-Out or Mathematical Calculating Instruments in Norway

In 2022, after three years of growth, there was significant decline in shipments abroad of drawing, marking-out or mathematical calculating instrumentses, when their volume decreased by -45.5% to 966 units. Over the period under review, exports, however, continue to indicate moderate growth. The pace of growth was the most pronounced in 2021 when exports increased by 60% against the previous year. As a result, the exports reached the peak of 1.8K units, and then dropped significantly in the following year.

In value terms, exports of drawing, marking-out or mathematical calculating instrumentses soared to $33K in 2022. In general, exports saw a sharp slump. The pace of growth was the most pronounced in 2021 when exports increased by 63%. The exports peaked at $143K in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.

Export of Drawing, Marking-Out or Mathematical Calculating Instruments in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
United Arab EmiratesN/AN/AN/A20.30%
Sweden0.16.110.55.1270.8%
Netherlands0.3N/A0.41.467.1%
AustraliaN/AN/A0.21.1450.0%
FinlandN/A1.10.90.8-14.7%
Russia0.43.26.40.720.5%
Denmark1.12.01.40.5-23.1%
France141N/A0.2N/A-96.2%
Others0.61.22.13.172.9%
Total14313.622.133.1-38.6%

Top Export Markets for Drawing, Marking-Out or Mathematical Calculating Instruments from Norway in 2022:

  1. Sweden (587.0 units)
  2. Finland (116.0 units)
  3. Netherlands (81.0 units)
  4. United Arab Emirates (43.0 units)
  5. Denmark (40.0 units)
  6. Australia (27.0 units)
  7. Russia (24.0 units)

Source: IndexBox Market Intelligence Platform

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