Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Norway - 2024

Contents:

1. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Norway (CIF) - 2022
2. Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Norway (FOB) - 2022
3. Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Norway
4. Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Norway

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Norway (CIF) - 2022

In 2022, the average import price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses amounted to $3,114 per unit, shrinking by -6.9% against the previous year. In general, the import price, however, recorded a modest increase. The growth pace was the most rapid in 2021 an increase of 107%. As a result, import price reached the peak level of $3,346 per unit, and then fell in the following year.

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 UK ($4,184 per unit), while the price for Lithuania ($89 per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+31.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Norway (FOB) - 2022

In 2022, the average export price for machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses amounted to $143 per unit, which is down by -90.5% against the previous year. In general, the export price showed a deep downturn. The most prominent rate of growth was recorded in 2013 when the average export price increased by 577%. As a result, the export price attained the peak level of $7,703 per unit. From 2014 to 2022, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for the Netherlands.

From 2012 to 2022, the rate of growth in terms of prices for Denmark amounted to +8.2% per year.

Imports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Norway

For the third year in a row, Norway recorded decline in purchases abroad of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses, which decreased by -16.8% to 89 units in 2022. In general, imports saw a deep contraction. The smallest decline of -2.6% was in 2020. Imports peaked at 151 units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, imports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses plummeted to $277K in 2022. Over the period under review, imports showed a noticeable contraction. The most prominent rate of growth was recorded in 2021 when imports increased by 51%. As a result, imports attained the peak of $358K, and then dropped markedly in the following year.

Top Suppliers of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices to Norway in 2022:

1. Sweden (59.0 units)
2. China (17.0 units)
3. Germany (7.0 units)
4. United Kingdom (3.0 units)
5. Lithuania (3.0 units)

Exports of Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices in Norway

In 2022, shipments abroad of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses decreased by 0% to 1 units, falling for the second year in a row after two years of growth. In general, exports recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2020 when exports increased by 600% against the previous year. As a result, the exports reached the peak of 7 units. From 2021 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of machines; automatic beverage-vending machines, not incorporating heating or refrigerating deviceses shrank significantly to $143 in 2022. Over the period under review, exports continue to indicate a sharp downturn. The most prominent rate of growth was recorded in 2020 when exports increased by 258%. As a result, the exports attained the peak of $6.1K. From 2021 to 2022, the growth of the exports of failed to regain momentum.

Top Export Markets for Machines; Automatic Beverage-Vending Machines, Not Incorporating Heating or Refrigerating Devices from Norway in 2022:

1. Netherlands (1.0 units)

Source: IndexBox Market Intelligence Platform