Norway - Granite (Crude) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Norway - Granite (Crude) - Market Analysis, Forecast, Size, Trends And Insights

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Crude Granite Price in Norway - 2023

Contents:

  1. Crude Granite Price in Norway (FOB) - 2023
  2. Crude Granite Price in Norway (CIF) - 2022
  3. Crude Granite Exports in Norway
  4. Crude Granite Imports in Norway

Crude Granite Price in Norway (FOB) - 2023

In August 2023, the average crude granite export price amounted to $305 per ton, picking up by 4.2% against the previous month. Over the period under review, the export price recorded a significant increase. The most prominent rate of growth was recorded in February 2023 an increase of 709% against the previous month. The export price peaked in August 2023.

Prices varied noticeably by the country of destination: the country with the highest price was Finland ($694 per ton), while the average price for exports to Sweden ($91.0 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 Denmark (+28.2%), while the prices for the other major destinations experienced more modest paces of growth.

Crude Granite Price in Norway (CIF) - 2022

In 2022, the average crude granite import price amounted to $589 per ton, rising by 191% against the previous year. In general, the import price recorded a remarkable increase. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($823 per ton), while the price for Finland ($328 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+8.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Crude Granite Exports in Norway

Crude granite exports from Norway skyrocketed to 52K tons in 2022, with an increase of 16% compared with 2021. In general, exports showed a significant increase. The pace of growth appeared the most rapid in 2020 when exports increased by 220% against the previous year. As a result, the exports reached the peak of 68K tons. From 2021 to 2022, the growth of the exports failed to regain momentum.

In value terms, crude granite exports rose sharply to $7.9M in 2022. Over the period under review, exports recorded a significant expansion. The most prominent rate of growth was recorded in 2020 when exports increased by 268%. As a result, the exports reached the peak of $12M. From 2021 to 2022, the growth of the exports remained at a lower figure.

Export of Crude Granite in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
Denmark2.25.83.96.342.0%
Germany0.10.1N/A0.791.3%
United KingdomN/A0.3N/A0.2-18.4%
NetherlandsN/A4.62.4N/A-47.8%
Others0.80.71.00.80.0%
Total3.111.57.37.936.6%

Top Export Markets for Crude Granite from Norway in 2022:

  1. Denmark (46.4K tons)
  2. Germany (3.9K tons)
  3. United Kingdom (1.2K tons)

Crude Granite Imports in Norway

In 2022, purchases abroad of granite (crude) decreased by -57.8% to 1.1K tons, falling for the second year in a row after two years of growth. In general, imports continue to indicate a significant decrease. The most prominent rate of growth was recorded in 2020 with an increase of 11% against the previous year. As a result, imports reached the peak of 2.6K tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, crude granite imports soared to $628K in 2022. The total import value increased at an average annual rate of +11.0% over the period from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Crude Granite in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden33.547.5162282103.4%
China38.6N/AN/A12748.7%
BelgiumN/AN/AN/A1070%
Finland3.764.979.747.6134.3%
India31742079.131.8-53.5%
Germany52.5N/A1.1N/A-85.5%
Others14.331.618932.631.6%
Total46056351262810.9%

Top Suppliers of Crude Granite to Norway in 2022:

  1. Sweden (519.5 tons)
  2. China (169.2 tons)
  3. Finland (145.1 tons)
  4. Belgium (129.9 tons)
  5. India (86.3 tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the crude granite 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 08111233 - Granite, crude or roughly trimmed

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:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. 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. 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. 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. 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. 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. 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. 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. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE
  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY
  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY
  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO
  11. 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
  12. 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
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