Report Update: Apr 1, 2024

Norway - Expansible Polystyrene In Primary Forms - Market Analysis, Forecast, Size, Trends And Insights

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Expansible Polystyrene Price in Norway - 2023

Expansible Polystyrene Price in Norway (CIF) - 2022

In 2022, the average expansible polystyrene import price amounted to $2,501 per ton, growing by 12% against the previous year. Overall, import price indicated a tangible expansion from 2012 to 2022: its price increased at an average annual rate of +2.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, expansible polystyrene import price increased by +99.1% against 2020 indices. The most prominent rate of growth was recorded in 2021 when the average import price increased by 78%. Over the period under review, average import prices hit record highs in 2022 and is likely to see steady growth in the near future.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were China ($2,783 per ton) and Germany ($2,530 per ton), while the price for Taiwan (Chinese) ($2,290 per ton) and the Netherlands ($2,459 per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+4.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Expansible Polystyrene Price in Norway (FOB) - 2022

In 2022, the average expansible polystyrene export price amounted to $1,862 per ton, with a decrease of -22.5% against the previous year. Over the period under review, the export price continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 89% against the previous year. As a result, the export price attained the peak level of $2,404 per ton, and then dropped significantly in the following year.

Average prices varied noticeably for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($1,867 per ton), while the average price for exports to the UK ($1,779 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 Denmark (+4.7%), while the prices for the other major destinations experienced a decline.

Expansible Polystyrene Imports in Norway

In 2022, the amount of expansible polystyrene in primary forms imported into Norway dropped to 48K tons, with a decrease of -12.4% on the previous year's figure. Overall, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when imports increased by 16% against the previous year. As a result, imports reached the peak of 55K tons, and then shrank in the following year.

In value terms, expansible polystyrene imports fell modestly to $120M in 2022. In general, imports, however, enjoyed a significant expansion. The pace of growth appeared the most rapid in 2021 with an increase of 106% against the previous year. As a result, imports reached the peak of $122M, and then dropped in the following year.

Import of Expansible Polystyrene in Norway (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Finland	34.7	30.1	58.6	57.7	18.5%
Germany	20.0	18.2	38.4	37.5	23.3%
Netherlands	6.4	7.9	16.7	12.1	23.7%
France	1.7	1.2	5.2	5.3	46.1%
China	0.1	N/A	N/A	3.5	227.1%
Taiwan (Chinese)	3.7	N/A	0.8	2.2	-15.9%
Others	2.9	1.8	2.5	1.5	-19.7%
Total	69.4	59.2	122	120	20.0%

Top Suppliers of Expansible Polystyrene to Norway in 2022:

Finland (23.3K tons)
Germany (14.8K tons)
Netherlands (4.9K tons)
France (2.1K tons)
China (1.2K tons)
Taiwan (Chinese) (1.0K tons)

Expansible Polystyrene Exports in Norway

In 2022, after three years of growth, there was decline in overseas shipments of expansible polystyrene in primary forms, when their volume decreased by -4.2% to 57K tons. The total export volume increased at an average annual rate of +7.1% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2020 when exports increased by 18%.

In value terms, expansible polystyrene exports reduced rapidly to $107M in 2022. Overall, exports, however, continue to indicate a strong expansion. The most prominent rate of growth was recorded in 2021 with an increase of 106%. As a result, the exports reached the peak of $144M, and then dropped markedly in the following year.

Export of Expansible Polystyrene in Norway (Million USD)
COUNTRY	2019	2020	2021	2022	CAGR, 2019-2022
Sweden	27.0	27.0	60.1	39.5	13.5%
Germany	6.4	6.4	9.7	9.8	15.3%
United Kingdom	N/A	N/A	4.9	5.9	20.4%
Others	37.4	36.4	69.3	51.6	11.3%
Total	70.8	69.8	144	107	14.8%

Top Export Markets for Expansible Polystyrene from Norway in 2022:

Sweden (21.3K tons)
Germany (5.2K tons)
United Kingdom (3.3K tons)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the expansible polystyrene 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 20162035 - Expansible polystyrene, in primary forms

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