Norway - Electronic Integrated Circuits and Microassemblies - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNorway: Electronic Chip Market 2024
Electronic Chip Market Size in Norway
The Norwegian electronic chip market skyrocketed to $X in 2023, increasing by X% against the previous year. Over the period under review, consumption, however, continues to indicate a noticeable descent. Over the period under review, the market reached the peak level at $X in 2018; however, from 2019 to 2023, consumption remained at a lower figure.
Electronic Chip Production in Norway
In value terms, electronic chip production soared to $X in 2023 estimated in export price. Overall, production continues to indicate moderate growth. Electronic chip production peaked at $X in 2021; however, from 2022 to 2023, production failed to regain momentum.
Electronic Chip Exports
Exports from Norway
In 2023, approx. X units of electronic chips were exported from Norway; picking up by X% against 2022. Over the period under review, exports, however, saw a abrupt setback. The growth pace was the most rapid in 2021 when exports increased by X% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2023, the exports remained at a lower figure.
In value terms, electronic chip exports reached $X in 2023. In general, exports recorded a remarkable increase. The pace of growth appeared the most rapid in 2018 when exports increased by X%. The exports peaked in 2023 and are expected to retain growth in the immediate term.
Exports by Country
Denmark (X units), China (X units) and the United States (X units) were the main destinations of electronic chip exports from Norway, with a combined X% share of total exports.
From 2012 to 2023, the biggest increases were recorded for Denmark (with a CAGR of X%), while shipments for the other leaders experienced more modest paces of growth.
In value terms, the United States ($X), Sweden ($X) and Germany ($X) constituted the largest markets for electronic chip exported from Norway worldwide, together accounting for X% of total exports.
In terms of the main countries of destination, Germany, with a CAGR of X%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.
Export Prices by Country
In 2023, the average electronic chip export price amounted to $X per unit, declining by X% against the previous year. In general, the export price, however, enjoyed significant growth. The pace of growth was the most pronounced in 2020 when the average export price increased by X%. As a result, the export price reached the peak level of $X per unit. From 2021 to 2023, the average export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($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 Germany (X%), while the prices for the other major destinations experienced more modest paces of growth.
Electronic Chip Imports
Imports into Norway
After two years of growth, purchases abroad of electronic chips decreased by X% to X units in 2023. In general, total imports indicated slight growth from 2012 to 2023: its volume increased at an average annual rate of X% over the last eleven-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when imports increased by X% against the previous year. Imports peaked at X units in 2022, and then declined dramatically in the following year.
In value terms, electronic chip imports reduced modestly to $X in 2023. Overall, imports, however, showed a strong increase. The most prominent rate of growth was recorded in 2021 with an increase of X%. Imports peaked at $X in 2022, and then shrank in the following year.
Imports by Country
In 2023, China (X units) constituted the largest electronic chip supplier to Norway, accounting for a X% share of total imports. Moreover, electronic chip imports from China exceeded the figures recorded by the second-largest supplier, Malaysia (X units), twofold. Thailand (X units) ranked third in terms of total imports with a X% share.
From 2012 to 2023, the average annual rate of growth in terms of volume from China amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Malaysia (X% per year) and Thailand (X% per year).
In value terms, the largest electronic chip suppliers to Norway were Taiwan (Chinese) ($X), China ($X) and Malaysia ($X), together accounting for X% of total imports. Thailand, the Philippines, the United States, Germany and Belgium lagged somewhat behind, together accounting for a further X%.
Among the main suppliers, Thailand, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.
Import Prices by Country
The average electronic chip import price stood at $X per unit in 2023, increasing by X% against the previous year. In general, import price indicated a moderate increase from 2012 to 2023: its price increased at an average annual rate of X% over the last eleven years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2023 figures, electronic chip import price increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2016 when the average import price increased by X%. Over the period under review, average import prices attained the peak figure in 2023 and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($X per unit), while the price for Thailand ($X per unit) was amongst the lowest.
From 2012 to 2023, the most notable rate of growth in terms of prices was attained by Belgium (X%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
This report provides an in-depth analysis of the electronic chip market 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 26113003 - Multichip integrated circuits: processors and controllers, w hether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
- Prodcom 26113006 - Electronic integrated circuits (excluding multichip circuits): processors and controllers, whether or not combined with memories, converters, logic circuits, amplifiers, clock and timing circuits, or other circuits
- Prodcom 26113023 - Multichip integrated circuits: memories
- Prodcom 26113027 - Electronic integrated circuits (excluding multichip circuits): dynamic random-access memories (D-RAMs)
- Prodcom 26113034 - Electronic integrated circuits (excluding multichip circuits): static random-access memories (S-RAMs), including cache random-access memories (cache-RAMs)
- Prodcom 26113054 - Electronic integrated circuits (excluding multichip circuits): UV erasable, programmable, read only memories (EPROMs)
- Prodcom 26113065 - Electronic integrated circuits (excluding multichip circuits): electrically erasable, programmable, read only memories (E.PROMs), including flash E.PROMs
- Prodcom 26113067 - Electronic integrated circuits (excluding multichip circuits): other memories
- Prodcom 26113080 - Electronic integrated circuits: amplifiers
- Prodcom 26113091 - Other multichip integrated circuits n.e.c.
- Prodcom 26113094 - Other electronic integrated circuits n.e.c.
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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