Norway - Extruded Rods And Profile Shapes Of Cellular Vulcanised Rubber - Market Analysis, Forecast, Size, Trends And Insights
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View PricingExtruded Rod Price in Norway - 2023
Contents:
- Extruded Rod Price in Norway (CIF) - 2023
- Extruded Rod Price in Norway (FOB) - 2022
- Extruded Rod Imports in Norway
- Extruded Rod Exports in Norway
Extruded Rod Price in Norway (CIF) - 2023
The average extruded rod import price stood at $16,641 per ton in August 2023, reducing by -6% against the previous month. Over the period under review, import price indicated a moderate expansion from August 2022 to August 2023: its price increased at an average monthly rate of +3.3% over the last twelve months. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on August 2023 figures, extruded rod import price increased by +92.0% against June 2023 indices. The pace of growth was the most pronounced in July 2023 when the average import price increased by 104% against the previous month. As a result, import price attained the peak level of $17,709 per ton, and then declined in the following month.
Prices varied noticeably by the country of origin: the country with the highest price was Denmark ($53,515 per ton), while the price for China ($3,620 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 China (+3.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Extruded Rod Price in Norway (FOB) - 2022
In 2022, the average extruded rod export price amounted to $12,256 per ton, picking up by 78% against the previous year. Over the period under review, the export price, however, showed a abrupt downturn. The pace of growth was the most pronounced in 2014 an increase of 129% against the previous year. As a result, the export price reached the peak level of $43,587 per ton. From 2015 to 2022, the average export prices failed to regain momentum.
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 the United States ($31,343 per ton), while the average price for exports to Estonia ($1,782 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 Algeria (+166.5%), while the prices for the other major destinations experienced more modest paces of growth.
Extruded Rod Imports in Norway
Extruded rod imports into Norway fell modestly to 349 tons in 2022, waning by -1.5% on 2021. The total import volume increased at an average annual rate of +1.8% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2021 when imports increased by 11%. As a result, imports attained the peak of 354 tons, and then reduced in the following year.
In value terms, extruded rod imports totaled $3.3M in 2022. The total import value increased at an average annual rate of +6.7% over the period from 2019 to 2022; the trend pattern remained relatively stable, with somewhat noticeable fluctuations throughout the analyzed period. The growth pace was the most rapid in 2020 when imports increased by 13% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the near future.
Import of Extruded Rod in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
Sweden | 1,860 | 1,708 | 2,245 | 2,191 | 5.6% |
Denmark | 235 | 514 | 345 | 352 | 14.4% |
China | 124 | 97.2 | 186 | 182 | 13.6% |
Poland | 104 | 125 | 64.2 | 94.4 | -3.2% |
United Kingdom | 33.3 | 19.0 | 93.9 | 91.7 | 40.2% |
Italy | 30.7 | 155 | 85.8 | 87.3 | 41.7% |
Others | 358 | 486 | 227 | 338 | -1.9% |
Total | 2,745 | 3,105 | 3,247 | 3,336 | 6.7% |
Top Suppliers of Extruded Rod to Norway in 2022:
- Sweden (250.1 tons)
- China (35.6 tons)
- Denmark (15.4 tons)
- Italy (9.4 tons)
- Poland (8.9 tons)
- United Kingdom (6.6 tons)
Extruded Rod Exports in Norway
For the fourth year in a row, Norway recorded growth in overseas shipments of extruded rods and profile shapes of cellular vulcanised rubber, which increased by 33% to 5.9 tons in 2022. Over the period under review, exports saw a significant expansion. The most prominent rate of growth was recorded in 2021 when exports increased by 129% against the previous year. The exports peaked in 2022 and are likely to see steady growth in years to come.
In value terms, extruded rod exports surged to $72K in 2022. In general, exports saw significant growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.
Export of Extruded Rod in Norway (Thousand USD) | |||||
---|---|---|---|---|---|
COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
United States | 25.4 | 7.8 | 8.9 | 52.1 | 27.1% |
Sweden | 2.2 | 1.7 | 0.8 | 5.8 | 38.1% |
Russia | 1.2 | 1.4 | 1.1 | 5.0 | 60.9% |
Lithuania | 0.3 | 3.3 | 0.4 | 4.8 | 152.0% |
Estonia | 0.6 | 2.5 | 0.5 | 4.3 | 92.8% |
Poland | N/A | 8.7 | 4.8 | N/A | -44.8% |
Portugal | N/A | N/A | 7.5 | N/A | 0% |
Others | 11.9 | 7.3 | 6.5 | N/A | -26.1% |
Total | 41.6 | 32.7 | 30.5 | 72.1 | 20.1% |
Top Export Markets for Extruded Rod from Norway in 2022:
- Estonia (2.4 tons)
- United States (1.7 tons)
- Russia (1.1 tons)
- Sweden (0.4 tons)
- Lithuania (0.2 tons)
This report provides an in-depth analysis of the extruded rod 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 22192083 - Extruded rods and profile shapes of cellular vulcanised rubber
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
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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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