Norway - Insulating Board - Market Analysis, Forecast, Size, Trends and Insights
Report Update: Apr 1, 2024

Norway - Insulating Board - Market Analysis, Forecast, Size, Trends and Insights

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Insulating Board Price in Norway - 2023

Contents:

  1. Insulating Board Price in Norway (FOB) - 2023
  2. Insulating Board Price in Norway (CIF) - 2023
  3. Insulating Board Exports in Norway
  4. Insulating Board Imports in Norway

Insulating Board Price in Norway (FOB) - 2023

The average insulating board export price stood at $568 per cubic meter in August 2023, falling by -8.4% against the previous month. Over the period under review, the export price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in November 2022 an increase of 21% m-o-m. Over the period under review, the average export prices attained the peak figure at $620 per cubic meter in July 2023, and then reduced in the following month.

Average prices varied somewhat for the major foreign markets. In August 2023, the countries with the highest prices were the Netherlands ($701 per cubic meter) and Finland ($665 per cubic meter), while the average price for exports to Sweden ($470 per cubic meter) and the United Arab Emirates ($496 per cubic meter) were amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was recorded for supplies to the Netherlands (+4.5%), while the prices for the other major destinations experienced more modest paces of growth.

Insulating Board Price in Norway (CIF) - 2023

The average insulating board import price stood at $643 per cubic meter in August 2023, surging by 10% against the previous month. Over the period from August 2022 to August 2023, it increased at an average monthly rate of +1.9%. The most prominent rate of growth was recorded in June 2023 when the average import price increased by 39% month-to-month. As a result, import price attained the peak level of $741 per cubic meter. From July 2023 to August 2023, the average import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In August 2023, the country with the highest price was Germany ($2,080 per cubic meter), while the price for Poland ($390 per cubic meter) was amongst the lowest.

From August 2022 to August 2023, the most notable rate of growth in terms of prices was attained by Estonia (+10.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Insulating Board Exports in Norway

In 2022, overseas shipments of insulating board decreased by -13.2% to 13K cubic meters, falling for the second year in a row after two years of growth. Over the period under review, exports, however, showed a relatively flat trend pattern. The growth pace was the most rapid in 2020 when exports increased by 18%. As a result, the exports reached the peak of 15K cubic meters. From 2021 to 2022, the growth of the exports remained at a lower figure.

In value terms, insulating board exports declined to $6.5M in 2022. The total export value increased at an average annual rate of +7.6% 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 exports increased by 17% against the previous year. Over the period under review, the exports attained the peak figure at $6.7M in 2021, and then dropped in the following year.

Export of Insulating Board in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Saudi Arabia4526584611,95462.9%
Belgium1,9202,0052,8331,841-1.4%
Sweden9121,1151,626813-3.8%
Oman114N/A35359773.7%
United Arab Emirates3291,02252251916.4%
Denmark90.333628818827.7%
Bahrain265303198139-19.4%
Qatar22117576.978.1-29.3%
Kuwait30219630.723.8-57.1%
Others609304291339-17.7%
Total5,2166,1156,6806,4927.6%

Top Export Markets for Insulating Board from Norway in 2022:

  1. Kuwait (undefinedK cubic meters)
  2. Saudi Arabia (3.8K cubic meters)
  3. Belgium (3.7K cubic meters)
  4. Sweden (1.8K cubic meters)
  5. Oman (1.1K cubic meters)
  6. United Arab Emirates (1.0K cubic meters)
  7. Denmark (0.4K cubic meters)
  8. Bahrain (0.3K cubic meters)
  9. Qatar (0.1K cubic meters)

Insulating Board Imports in Norway

Insulating board imports into Norway fell dramatically to 8.4K cubic meters in 2022, with a decrease of -17.1% compared with the previous year's figure. In general, imports continue to indicate a drastic downturn. The most prominent rate of growth was recorded in 2021 when imports increased by 8.1% against the previous year. Over the period under review, imports attained the maximum at 10K cubic meters in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

In value terms, insulating board imports fell slightly to $4.2M in 2022. The total import value increased at an average annual rate of +3.9% over the period from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. As a result, imports reached the peak of $4.3M, and then declined in the following year.

Import of Insulating Board in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Poland2,3441,6412,2112,4962.1%
Sweden6918911,0527904.6%
Germany3215287283624.1%
Portugal53.110610720456.6%
Belgium16014881.61722.4%
Others1663341681711.0%
Total3,7343,6484,3494,1954.0%

Top Suppliers of Insulating Board to Norway in 2022:

  1. Poland (6.3K cubic meters)
  2. Sweden (1.1K cubic meters)
  3. Germany (0.5K cubic meters)
  4. Portugal (0.2K cubic meters)
  5. Belgium (0.2K cubic meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the insulating board 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:

  • FCL 1650 - Other fibreboard

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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