Laser Market Overview in Norway
In value terms, laser production declined significantly to $ in estimated in export prices. Over the period under review, production posted a prominent increase. The pace of growth was the most pronounced in 2011 when the production volume increased by % year-to-year. Laser production peaked at $ in 2019, and then reduced rapidly in the following year.
The size of the laser market in Norway fell dramatically to $ in , waning by -% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption enjoyed a slight expansion. The most prominent rate of growth was recorded in 2019 when the market value increased by % y-o-y. As a result, consumption attained the peak level of $, and then shrank sharply in the following year.