Norway - Cement - Market Analysis, Forecast, Size, Trends And Insights
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View PricingCement Price in Norway - 2023
Contents:
- Cement Price in Norway (CIF) - 2023
- Cement Price in Norway (FOB) - 2022
- Cement Imports in Norway
- Cement Exports in Norway
Cement Price in Norway (CIF) - 2023
In September 2023, the average cement import price amounted to $155 per ton, shrinking by -6.3% against the previous month. Over the period from September 2022 to September 2023, it increased at an average monthly rate of +2.3%. The growth pace was the most rapid in December 2022 when the average import price increased by 12% m-o-m. Over the period under review, average import prices attained the maximum at $174 per ton in July 2023; however, from August 2023 to September 2023, import prices failed to regain momentum.
Prices varied noticeably by the country of origin: the country with the highest price was France ($580 per ton), while the price for Germany ($130 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by Sweden (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.
Cement Price in Norway (FOB) - 2022
In 2022, the average cement export price amounted to $73 per ton, with a decrease of -4.9% against the previous year. Overall, the export price continues to indicate a slight reduction. The most prominent rate of growth was recorded in 2016 when the average export price increased by 12%. The export price peaked at $86 per ton in 2013; however, from 2014 to 2022, the export prices remained at a lower figure.
Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Iceland ($78 per ton), while the average price for exports to Denmark ($56 per ton) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to the UK (+26.2%), while the prices for the other major destinations experienced a decline.
Cement Imports in Norway
In 2022, after two years of decline, there was significant growth in purchases abroad of cement, when their volume increased by 29% to 606K tons. The total import volume increased at an average annual rate of +4.6% from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded in certain years. As a result, imports attained the peak and are likely to continue growth in the immediate term.
In value terms, cement imports surged to $77M in 2022. The total import value increased at an average annual rate of +10.1% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports attained the peak and are likely to continue growth in the immediate term.
| Import of Cement in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Germany | 28.0 | 25.3 | 26.9 | 36.2 | 8.9% |
| Sweden | 4.2 | 2.4 | 2.8 | 16.8 | 58.7% |
| Denmark | 16.9 | 17.0 | 15.2 | 12.3 | -10.0% |
| France | 6.4 | 8.0 | 8.5 | 9.5 | 14.1% |
| Others | 2.0 | 2.0 | 1.8 | 1.9 | -1.7% |
| Total | 57.5 | 54.8 | 55.2 | 76.8 | 10.1% |
Top Suppliers of Cement to Norway in 2022:
- Germany (336.1K tons)
- Sweden (157.5K tons)
- Denmark (86.8K tons)
- France (16.8K tons)
Cement Exports in Norway
In 2022, after three years of growth, there was decline in shipments abroad of cement, when their volume decreased by -3% to 461K tons. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.7% over the last three years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.8% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 50%.
In value terms, cement exports reduced to $34M in 2022. Overall, total exports indicated a buoyant expansion from 2019 to 2022: its value increased at an average annual rate of +15.6% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +54.6% against 2019 indices. The growth pace was the most rapid in 2020 with an increase of 42% against the previous year.
| Export of Cement in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 3.8 | 9.5 | 10.7 | 13.0 | 50.7% |
| Iceland | 6.4 | 5.1 | 5.6 | 7.6 | 5.9% |
| Denmark | 2.5 | 3.0 | 3.3 | N/A | 14.9% |
| United Kingdom | 1.4 | 0.1 | N/A | N/A | -92.9% |
| Lithuania | N/A | 0.2 | 1.4 | N/A | 600.0% |
| Others | 7.7 | 12.9 | 15.5 | 13.1 | 19.4% |
| Total | 21.8 | 30.9 | 36.5 | 33.7 | 15.6% |
Top Export Markets for Cement from Norway in 2022:
- Sweden (181.4K tons)
- Iceland (97.6K tons)
- Denmark (0.1K tons)
This report provides an in-depth analysis of the cement 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 23511210 - Portland cement
- Prodcom 23511290 - Other hydraulic cements
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
-
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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