Norway - Voiles, Webs, Mats And Other Articles Of Glass Fibers - Market Analysis, Forecast, Size, Trends and Insights
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View PricingGlass Fiber Price in Norway - 2023
Contents:
- Glass Fiber Price in Norway (CIF) - 2023
- Glass Fiber Price in Norway (FOB) - 2022
- Glass Fiber Imports in Norway
- Glass Fiber Exports in Norway
Glass Fiber Price in Norway (CIF) - 2023
In September 2023, the average glass fiber import price amounted to $9,928 per ton, surging by 53% against the previous month. Over the period under review, import price indicated pronounced growth from September 2022 to September 2023: its price increased at an average monthly rate of +3.3% over the last twelve-month period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on September 2023 figures, glass fiber import price increased by +52.5% against August 2023 indices. The pace of growth appeared the most rapid in June 2023 an increase of 68% m-o-m. Over the period under review, average import prices reached the peak figure in September 2023.
Prices varied noticeably by the country of origin: the country with the highest price was the UK ($30,435 per ton), while the price for China ($1,951 per ton) was amongst the lowest.
From September 2022 to September 2023, the most notable rate of growth in terms of prices was attained by the UK (+8.6%), while the prices for the other major suppliers experienced more modest paces of growth.
Glass Fiber Price in Norway (FOB) - 2022
In 2022, the average glass fiber export price amounted to $2,737 per ton, growing by 13% against the previous year. Overall, the export price, however, recorded a deep slump. The most prominent rate of growth was recorded in 2019 when the average export price increased by 120% against the previous year. The export price peaked at $7,223 per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Romania ($11,518 per ton), while the average price for exports to Belgium ($131 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 the UK (-4.2%), while the prices for the other major destinations experienced a decline.
Glass Fiber Imports in Norway
In 2022, the amount of voiles, webs, mats and other articles of glass fibers imported into Norway rose markedly to 19K tons, with an increase of 12% on 2021. The total import volume increased at an average annual rate of +4.1% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 when imports increased by 16%. As a result, imports attained the peak of 19K tons. From 2021 to 2022, the growth of imports failed to regain momentum.
In value terms, glass fiber imports skyrocketed to $71M in 2022. The total import value increased at an average annual rate of +11.2% over the period from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2020 when imports increased by 17%. Over the period under review, imports attained the maximum in 2022 and are expected to retain growth in years to come.
| Import of Glass Fiber in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| China | 7.6 | 9.2 | 11.8 | 14.6 | 24.3% |
| Sweden | 7.3 | 11.4 | 7.9 | 9.4 | 8.8% |
| United Kingdom | 5.2 | 7.6 | 7.1 | 8.1 | 15.9% |
| Germany | 7.2 | 8.6 | 8.4 | 8.1 | 4.0% |
| Lithuania | 2.2 | 3.3 | 4.0 | 5.5 | 35.7% |
| Czech Republic | 3.7 | 3.3 | 3.1 | 3.8 | 0.9% |
| Denmark | 2.4 | 1.9 | 3.1 | 3.1 | 8.9% |
| Poland | 2.5 | 1.8 | 2.1 | 2.2 | -4.2% |
| France | 2.1 | 1.9 | 2.7 | 2.1 | 0.0% |
| Russia | 0.7 | 1.6 | 0.6 | 0.9 | 8.7% |
| Others | 10.8 | 10.2 | 10.1 | 13.5 | 7.7% |
| Total | 51.8 | 60.7 | 60.9 | 71.2 | 11.2% |
Top Suppliers of Glass Fiber to Norway in 2022:
- United Kingdom (5.9K tons)
- China (5.8K tons)
- Sweden (1.9K tons)
- Germany (1.1K tons)
- Poland (0.6K tons)
- Russia (0.6K tons)
- Lithuania (0.5K tons)
- Czech Republic (0.4K tons)
- Denmark (0.4K tons)
- France (0.3K tons)
Glass Fiber Exports in Norway
After three years of growth, shipments abroad of voiles, webs, mats and other articles of glass fibers decreased by -13.2% to 3.4K tons in 2022. In general, total exports indicated prominent growth from 2019 to 2022: its volume increased at an average annual rate of +15.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +55.0% against 2019 indices. The pace of growth appeared the most rapid in 2021 with an increase of 55%. As a result, the exports attained the peak of 3.9K tons, and then dropped in the following year.
In value terms, glass fiber exports fell to $9.3M in 2022. The total export value increased at an average annual rate of +3.1% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2021 with an increase of 38% against the previous year. As a result, the exports attained the peak of $9.5M, and then reduced modestly in the following year.
| Export of Glass Fiber in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Denmark | 629 | 324 | 2,538 | 1,620 | 37.1% |
| Sweden | 1,117 | 794 | 1,331 | 1,138 | 0.6% |
| Romania | 186 | 71.8 | 82.5 | 797 | 62.4% |
| Lithuania | 66.8 | 53.8 | 745 | 515 | 97.5% |
| Iceland | 227 | 194 | 216 | 501 | 30.2% |
| United Kingdom | 799 | 407 | 429 | 464 | -16.6% |
| Latvia | 6.4 | 0.8 | 14.1 | 127 | 170.7% |
| Belgium | 129 | 295 | 88.4 | 102 | -7.5% |
| Others | 5,288 | 4,717 | 4,041 | 3,996 | -8.9% |
| Total | 8,449 | 6,857 | 9,485 | 9,261 | 3.1% |
Top Export Markets for Glass Fiber from Norway in 2022:
- Denmark (1221.6 tons)
- Belgium (779.5 tons)
- Lithuania (531.5 tons)
- Sweden (257.9 tons)
- United Kingdom (102.9 tons)
- Latvia (84.1 tons)
- Romania (69.2 tons)
- Iceland (68.0 tons)
This report provides an in-depth analysis of the glass fiber 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 23141210 -
- Prodcom 23141230 -
- Prodcom 23141250 - Non-woven glass fibre webs, felts, mattresses and boards
- Prodcom 23141293 -
- Prodcom 23141295 -
- Prodcom 23141299 -
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
-
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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