Report Update: Apr 1, 2024

Norway - Concrete Reinforcing Bars - Market Analysis, Forecast, Size, Trends And Insights

Single report

Sent by email within 24h (Mon-Fri)

$599 Basic Edition

$2095 Professional Edition

What's the difference?

Subscription

Online access and download

from $350/month

Get instant access to more than 2 million reports, dashboards, and datasets on the IndexBox Platform.

View Pricing

Concrete Reinforcing Bar Price in Norway - 2023

Concrete Reinforcing Bar Price in Norway (FOB) - 2023

In August 2023, the average concrete reinforcing bar export price amounted to $648 per ton, reducing by -8.8% against the previous month. In general, the export price continues to indicate a perceptible shrinkage. The most prominent rate of growth was recorded in October 2022 an increase of 4.7% against the previous month. The export price peaked at $894 per ton in August 2022; however, from September 2022 to August 2023, the export prices remained at a lower figure.

Average prices varied noticeably for the major overseas markets. In August 2023, the country with the highest price was Finland ($659 per ton), while the average price for exports to Sweden ($628 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to Latvia (-0.9%), while the prices for the other major destinations experienced a decline.

Concrete Reinforcing Bar Price in Norway (CIF) - 2023

In August 2023, the average concrete reinforcing bar import price amounted to $833 per ton, which is down by -16.5% against the previous month. Over the period under review, the import price showed a noticeable descent. The pace of growth was the most pronounced in December 2022 an increase of 43% against the previous month. As a result, import price reached the peak level of $1,408 per ton. From January 2023 to August 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was the Netherlands ($2,037 per ton), while the price for Portugal ($665 per ton) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Turkey (+3.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Concrete Reinforcing Bar Exports in Norway

In 2022, approx. 199K tons of concrete reinforcing bars were exported from Norway; standing approx. at the previous year. Overall, exports continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when exports increased by 1.6%. Over the period under review, the exports hit record highs in 2022 and are expected to retain growth in the near future.

In value terms, concrete reinforcing bar exports skyrocketed to $193M in 2022. Over the period under review, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 68%. The exports peaked in 2022 and are expected to retain growth in the near future.

Export of Concrete Reinforcing Bar in Norway (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Finland	41.8	32.5	59.9	66.1	16.5%
Sweden	37.0	36.6	54.0	65.1	20.7%
Denmark	26.3	26.8	47.3	58.1	30.2%
Germany	N/A	N/A	N/A	2.4	0%
Others	0.2	0.1	0.1	1.6	100.0%
Total	105	96.0	161	193	22.5%

Top Export Markets for Concrete Reinforcing Bar from Norway in 2022:

Finland (67.9K tons)
Sweden (67.1K tons)
Denmark (59.8K tons)
Germany (3.0K tons)

Concrete Reinforcing Bar Imports in Norway

In 2022, concrete reinforcing bar imports into Norway surged to 117K tons, rising by 26% on the previous year. The total import volume increased at an average annual rate of +13.3% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, concrete reinforcing bar imports surged to $125M in 2022. Over the period under review, imports posted significant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Concrete Reinforcing Bar in Norway (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Lithuania	16.1	27.0	31.6	38.3	33.5%
Portugal	9.0	8.0	22.8	31.5	51.8%
Turkey	0.1	0.1	2.4	15.9	441.8%
Germany	6.0	4.1	6.3	10.1	19.0%
Poland	3.2	2.5	0.4	7.2	31.0%
Netherlands	2.8	2.7	1.7	5.4	24.5%
India	2.0	1.0	1.2	3.1	15.7%
Belarus	2.5	0.7	N/A	2.5	0.0%
Sweden	2.7	3.2	2.1	2.4	-3.9%
Russia	2.5	1.2	1.8	0.8	-31.6%
Spain	2.0	2.3	1.3	0.5	-37.0%
Others	8.5	6.8	10.6	7.7	-3.2%
Total	57.4	59.6	82.4	125	29.6%

Top Suppliers of Concrete Reinforcing Bar to Norway in 2022:

Lithuania (33.9K tons)
Portugal (32.7K tons)
Turkey (14.2K tons)
Germany (10.6K tons)
Poland (7.5K tons)
Netherlands (3.8K tons)
Belarus (3.0K tons)
India (2.7K tons)
Sweden (1.8K tons)
Russia (0.8K tons)
Spain (0.6K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the concrete reinforcing bar 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 2410T241 - Concrete reinforcing bars
Prodcom 24106210 - Hot-rolled concrete reinforcing bars

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.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
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
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023