Report Update: Apr 28, 2024

Norway - Sacks And Bags Of Cotton - Market Analysis, Forecast, Size, Trends And Insights

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Cotton Bag Price in Norway - 2023

Cotton Bag Price in Norway (CIF) - 2022

The average cotton bag import price stood at $21,399 per ton in 2022, jumping by 15% against the previous year. Overall, the import price showed a pronounced expansion. The pace of growth was the most pronounced in 2021 an increase of 129%. The import price peaked in 2022 and is likely to see steady growth in the near future.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Lithuania ($40,401 per ton), while the price for Russia ($9,181 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Russia (+98.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Cotton Bag Price in Norway (FOB) - 2022

The average cotton bag export price stood at $18,843 per ton in 2022, declining by -3.4% against the previous year. Over the period under review, the export price showed a abrupt decline. The growth pace was the most rapid in 2016 when the average export price increased by 259% against the previous year. Over the period under review, the average export prices reached the peak figure at $99,097 per ton in 2017; however, from 2018 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Austria ($38,977 per ton), while the average price for exports to Sweden ($13,442 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 Iceland (+45.2%), while the prices for the other major destinations experienced mixed trend patterns.

Cotton Bag Imports in Norway

In 2022, overseas purchases of sacks and bags of cotton decreased by -0.6% to 41 tons, falling for the second year in a row after two years of growth. In general, imports saw a abrupt decrease. The growth pace was the most rapid in 2020 when imports increased by 41% against the previous year. As a result, imports attained the peak of 81 tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, cotton bag imports amounted to $887K in 2022. Over the period under review, imports showed a perceptible setback. The pace of growth was the most pronounced in 2021 with an increase of 18%.

Import of Cotton Bag in Norway (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
China	546	292	325	459	-5.6%
India	119	78.3	126	126	1.9%
Lithuania	78.8	14.1	41.3	80.9	0.9%
Denmark	24.2	13.7	27.4	41.8	20.0%
France	6.9	6.1	10.7	38.1	76.7%
Russia	N/A	44.5	N/A	1.7	-80.5%
Ukraine	N/A	56.0	N/A	N/A	0%
Others	221	150	242	139	-14.3%
Total	996	655	772	887	-3.8%

Top Suppliers of Cotton Bag to Norway in 2022:

China (26.4 tons)
India (4.4 tons)
Denmark (2.8 tons)
Lithuania (2.0 tons)
France (1.6 tons)
Russia (0.2 tons)

Cotton Bag Exports in Norway

Cotton bag exports from Norway skyrocketed to 1.3 tons in 2022, rising by 61% compared with the previous year's figure. Overall, exports showed significant growth. The growth pace was the most rapid in 2021 with an increase of 145% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are likely to see gradual growth in the near future.

In value terms, cotton bag exports skyrocketed to $25K in 2022. Over the period under review, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Export of Cotton Bag in Norway (Thousand USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sweden	3.2	0.3	0.7	12.5	57.5%
Germany	0.1	2.1	0.7	3.0	210.7%
United Kingdom	N/A	N/A	12.4	2.7	-78.2%
Austria	N/A	N/A	N/A	1.4	0%
Turkey	N/A	N/A	N/A	1.0	0%
Switzerland	N/A	N/A	N/A	0.9	0%
Finland	0.9	1.4	0.2	0.4	-23.7%
Belgium	1.3	0.2	N/A	N/A	-84.6%
Others	4.1	6.5	2.2	3.2	-7.9%
Total	9.7	10.5	16.2	25.2	37.5%

Top Export Markets for Cotton Bag from Norway in 2022:

Sweden (931.0 kg)
United Kingdom (140.0 kg)
Germany (122.0 kg)
Austria (36.0 kg)
Turkey (33.0 kg)
Switzerland (31.0 kg)
Finland (19.0 kg)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the cotton bag 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 13922130 - Sacks and bags, of cotton, used for packing goods

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