Norway - Hats And Other Headgear - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Norway - Hats And Other Headgear - Market Analysis, Forecast, Size, Trends and Insights

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Hat and Headgear Price in Norway - 2023

Contents:

  1. Hat and Headgear Price in Norway (CIF) - 2023
  2. Hat and Headgear Price in Norway (FOB) - 2023
  3. Hat and Headgear Imports in Norway
  4. Hat and Headgear Exports in Norway

Hat and Headgear Price in Norway (CIF) - 2023

The average hat and headgear import price stood at $9.7 per unit in August 2023, rising by 12% against the previous month. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in December 2022 an increase of 22% against the previous month. As a result, import price reached the peak level of $10.8 per unit. From January 2023 to August 2023, the average import prices remained at a lower figure.

Prices varied noticeably by the country of origin: the country with the highest price was Vietnam ($22.9 per unit), while the price for Sweden ($4.4 per unit) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Vietnam (+4.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Hat and Headgear Price in Norway (FOB) - 2023

The average hat and headgear export price stood at $19.5 per unit in August 2023, rising by 23% against the previous month. In general, the export price saw a strong expansion. The most prominent rate of growth was recorded in December 2022 when the average export price increased by 117% against the previous month. The export price peaked in August 2023.

There were significant differences in the average prices for the major export markets. In August 2023, the country with the highest price was France ($58.7 per unit), while the average price for exports to Singapore ($1.3 per unit) 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 Poland (+11.1%), while the prices for the other major destinations experienced more modest paces of growth.

Hat and Headgear Imports in Norway

Hat and headgear imports into Norway skyrocketed to 1.5M units in 2022, increasing by 47% on the previous year. In general, total imports indicated a remarkable increase from 2019 to 2022: its volume increased at an average annual rate of +13.7% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +47.2% against 2020 indices. As a result, imports attained the peak and are likely to continue growth in the immediate term.

In value terms, hat and headgear imports soared to $61M in 2022. Overall, total imports indicated a strong expansion from 2019 to 2022: its value increased at an average annual rate of +15.1% over the last three-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +53.5% against 2020 indices. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Import of Hat and Headgear in Norway (Million USD)
COUNTRY2019202020212022CAGR,
2019-2022
China22.722.923.036.917.6%
Vietnam0.71.11.62.756.8%
Bangladesh1.01.21.42.230.1%
Poland1.91.21.72.01.7%
Estonia0.71.00.81.116.3%
Sweden0.60.60.50.810.1%
France0.60.60.50.60.0%
South Korea0.10.10.20.226.0%
Others11.410.79.914.27.6%
Total39.739.539.660.615.1%

Top Suppliers of Hat and Headgear to Norway in 2022:

  1. China (1055.7K units)
  2. Vietnam (45.7K units)
  3. Bangladesh (35.4K units)
  4. Sweden (28.1K units)
  5. Poland (25.8K units)
  6. South Korea (23.9K units)
  7. France (15.5K units)
  8. Estonia (14.4K units)

Hat and Headgear Exports in Norway

In 2022, approx. 254K units of hats and other headgear were exported from Norway; increasing by 437% against the year before. Over the period under review, exports enjoyed significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, hat and headgear exports skyrocketed to $4.3M in 2022. Overall, exports saw a prominent expansion. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

Export of Hat and Headgear in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden1,5806881,3161,8896.1%
Denmark14311315951152.9%
France14883.785.437236.0%
United States17996.110936126.3%
Germany15142330328223.1%
United Kingdom36.328.561.117167.6%
Netherlands12.940.838.678.282.3%
Poland92.112.664.472.3-7.8%
Czech Republic6.911.623.359.3104.8%
Estonia47.913121.747.2-0.5%
Lithuania30316792.645.1-47.0%
UkraineN/AN/AN/A14.90%
Finland31513710813.5-65.0%
Others489259261402-6.3%
Total3,5052,1902,6444,3197.2%

Top Export Markets for Hat and Headgear from Norway in 2022:

  1. Sweden (91.2K units)
  2. Denmark (34.7K units)
  3. Poland (21.3K units)
  4. Ukraine (17.6K units)
  5. United States (12.6K units)
  6. United Kingdom (12.3K units)
  7. Germany (11.0K units)
  8. France (10.9K units)
  9. Lithuania (8.0K units)
  10. Netherlands (6.3K units)
  11. Czech Republic (4.1K units)
  12. Estonia (4.1K units)
  13. Finland (0.9K units)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the hat and headgear 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 14194230 - Felt hats and other felt headgear, made from hat bodies or hoods and plateaux
  • Prodcom 14194250 - Hats and other headgear, plaited or made by assembling strips of any material
  • Prodcom 14194270 - Hats and other headgear, knitted or crocheted or made-up from lace, felt or other textile fabric in the piece (but not in strips), hair-nets of any material
  • Prodcom 14194300 - Other headgear (except headgear of rubber or of plastics, s afety headgear and asbestos headgear), headbands, l inings, covers, hat foundations, hat frames, peaks and chinstraps, for headgear

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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Free Data: Hats And Other Headgear - Norway