# Norway Machines and mechanical appliances: n.e.s. in item no. 8479.8, having individual functions price positioning (HS 847989)

Canonical: https://www.yugalinks.com/trade/price-exporter/nor/847989
Publisher: Yugalinks (https://www.yugalinks.com)

## Answer

Norway has a median reported export price of $52.1K/t across 134 markets. Across the reported period, the highest observed price is $2.1M/t in Equatorial Guinea; the lowest is $50.0/t in Ethiopia.

## Summary

- Price spread: 4,064.3%
- Total trade value: $1.0B
- Average quantity: 57 metric tons
- Latest year: 2023

## Price by market

| Market | Latest year | Latest price | Vs median | Year-over-year change | Change since first reported year | Trade value (reported period) | Years reported | Position |
|---|---:|---:|---:|---:|---:|---:|---:|---|
| USA, Puerto Rico and US Virgin Islands | 2023 | $68.9K/t | +85.7% | +14.8% | -46.6% | $114.8M | 5 | Above |
| Turkey | 2023 | $52.0K/t | +64% | +46.7% | +109.7% | $53.8M | 5 | Above |
| China | 2023 | $24.4K/t | -47.7% | +36.7% | +30.9% | $64.0M | 5 | Below |
| Angola | 2023 | $199.2K/t | +557.3% | +548.3% | +355.2% | $26.1M | 5 | Above |
| United Kingdom | 2023 | $25.7K/t | -31.5% | -45.7% | +12% | $82.4M | 5 | Below |
| Sweden | 2023 | $27.3K/t | +19% | +22.2% | +60.5% | $32.0M | 5 | Mid |
| Italy | 2023 | $59.0K/t | +98.6% | +74.1% | +13.3% | $23.6M | 5 | Above |
| Denmark | 2023 | $29.0K/t | -10.3% | -12.7% | +66.5% | $36.1M | 5 | Mid |
| Finland | 2023 | $29.5K/t | -5.9% | -4.7% | +26.4% | $20.2M | 5 | Mid |
| Brazil | 2023 | $86.8K/t | +104% | +45% | +233.1% | $23.7M | 5 | Above |
| Australia | 2023 | $135.5K/t | +244.1% | +352.6% | -76% | $23.2M | 5 | Above |
| Netherlands | 2023 | $31.6K/t | -14.3% | +17.3% | -15.6% | $21.1M | 5 | Mid |
| Spain | 2023 | $31.3K/t | +10.4% | +10.9% | +42.9% | $21.8M | 5 | Mid |
| Poland | 2023 | $17.1K/t | -51.7% | -32.9% | -11.2% | $24.9M | 5 | Below |
| Germany | 2023 | $36.8K/t | +2.4% | +101.5% | +0.4% | $46.4M | 5 | Mid |
| Equatorial Guinea | 2023 | $60.7K/t | +66.7% | -91.5% | -97.1% | $1.9M | 5 | Above |
| Ethiopia | 2019 | $50.0/t | -99.8% | -99.9% | -99.9% | $141.9K | 2 | Below |

## Price history

- USA, Puerto Rico and US Virgin Islands: 2017 $129.0K/t, 2019 $134.2K/t, 2020 $42.6K/t, 2022 $60.0K/t, 2023 $68.9K/t
- Turkey: 2017 $24.8K/t, 2019 $35.3K/t, 2020 $31.3K/t, 2022 $35.4K/t, 2023 $52.0K/t
- China: 2017 $18.6K/t, 2019 $17.8K/t, 2020 $21.2K/t, 2022 $17.8K/t, 2023 $24.4K/t
- Angola: 2017 $43.8K/t, 2019 $127.4K/t, 2020 $219.9K/t, 2022 $30.7K/t, 2023 $199.2K/t
- United Kingdom: 2017 $23.0K/t, 2019 $47.0K/t, 2020 $27.4K/t, 2022 $47.4K/t, 2023 $25.7K/t

## Annual price trend and growth

| Year | Weighted unit value | Change vs prior reported year | Trade value | Markets |
|---:|---:|---:|---:|---:|
| 2017 | $32.3K/t | Not reported | $240.8M | 100 |
| 2019 | $31.0K/t | -4.1% | $194.5M | 105 |
| 2020 | $33.6K/t | +8.5% | $200.6M | 99 |
| 2022 | $34.8K/t | +3.4% | $182.3M | 111 |
| 2023 | $41.5K/t | +19.1% | $195.4M | 108 |

## Methodology

Price = reported trade value in USD / reported quantity in metric tons. The median is calculated across reported market unit values for the same product and year. Price spread = (highest market price - lowest market price) / median market price x 100. Vs median = (market unit value - market median) / market median x 100. Price position is not a profitability claim.

Coverage: 2017-2023; 134 importer markets; 523 reported market-year observations.

## FAQ

### What does Norway price positioning show for HS 847989?

It compares Norway's reported unit values across markets with each market's median for the same product and year.

### What does above or below median mean?

Above median means the observed unit value is higher than the market median; below median means it is lower. It does not by itself indicate profit or quality.

### How is the export price calculated?

The reported unit value is trade value divided by reported quantity, expressed per metric ton when quantity is available.

### Can I compare this with the wider Machines and mechanical appliances: n.e.s. in item no. 8479.8, having individual functions market?

Yes. Use the product overview and methodology links to compare price positioning with market size, exporter reach, and reported trade history.

## Complete structured values

{
  "pageType": "exporter-price-positioning",
  "source": "reported",
  "exporter": "NOR",
  "hs_code": "847989",
  "summary": {
    "num_markets": 134,
    "highest_price_importer_iso3": "GNQ",
    "highest_price_usd_per_ton": 2118000,
    "lowest_price_importer_iso3": "ETH",
    "lowest_price_usd_per_ton": 50,
    "median_price_across_markets": 52111.60944807542,
    "price_spread_pct": 4064.2575088960716,
    "avg_quantity_metric_tons": 56.67550478011473,
    "total_trade_value_usd": 1013688479
  },
  "marketRows": [
    {
      "year": 2023,
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      "trade_value_usd": 23154284,
      "market_median_price_usd_per_ton": 37108.773020973706,
      "price_vs_median_pct": 85.74630882767798,
      "price_position": "Premium"
    },
    {
      "year": 2023,
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    {
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    {
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    {
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  ],
  "marketAggregates": [
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      "importer_iso3": "USA",
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    {
      "importer_iso3": "GNQ",
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