Norway - I-Sections Of Non-Alloy Steel - Market Analysis, Forecast, Size, Trends And Insights
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View PricingNon-Alloy Steel I-Sections Price in Norway - 2023
Contents:
- Non-Alloy Steel I-Sections Price in Norway (CIF) - 2022
- Non-Alloy Steel I-Sections Price in Norway (FOB) - 2022
- Non-Alloy Steel I-Sections Imports in Norway
- Non-Alloy Steel I-Sections Exports in Norway
Non-Alloy Steel I-Sections Price in Norway (CIF) - 2022
The average non-alloy steel i-sections import price stood at $1,426 per ton in 2022, growing by 34% against the previous year. Overall, import price indicated notable growth from 2012 to 2022: its price increased at an average annual rate of +4.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-alloy steel i-sections import price increased by +100.7% against 2020 indices. The pace of growth appeared the most rapid in 2021 when the average import price increased by 49% against the previous year. The import price peaked in 2022 and is expected to retain growth in the immediate term.
Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were Denmark ($2,030 per ton) and Poland ($1,410 per ton), while the price for Germany ($1,383 per ton) and Luxembourg ($1,385 per ton) were amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+4.7%), while the prices for the other major suppliers experienced more modest paces of growth.
Non-Alloy Steel I-Sections Price in Norway (FOB) - 2022
In 2022, the average non-alloy steel i-sections export price amounted to $1,851 per ton, increasing by 34% against the previous year. Over the period under review, the export price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2018 when the average export price increased by 35%. Over the period under review, the average export prices reached the peak figure at $2,113 per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.
Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Finland ($2,151 per ton), while the average price for exports to Thailand ($1,633 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 Romania (+18.0%), while the prices for the other major destinations experienced mixed trend patterns.
Non-Alloy Steel I-Sections Imports in Norway
After three years of growth, supplies from abroad of i-sections of non-alloy steel decreased by -5.9% to 8.4K tons in 2022. The total import volume increased at an average annual rate of +2.5% from 2019 to 2022; the trend pattern remained consistent, with only minor fluctuations being observed throughout the analyzed period. The growth pace was the most rapid in 2020 with an increase of 10%.
In value terms, non-alloy steel i-sections imports surged to $12M in 2022. Over the period under review, imports, however, posted a significant increase. The pace of growth appeared the most rapid in 2021 with an increase of 55% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the immediate term.
| Import of Non-Alloy Steel I-Sections in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Luxembourg | 2.9 | 2.8 | 3.8 | 6.5 | 30.9% |
| Germany | 2.1 | 2.3 | 3.4 | 3.5 | 18.6% |
| Denmark | 0.6 | 0.4 | 0.7 | 0.9 | 14.5% |
| Poland | 0.4 | 0.5 | 1.0 | 0.8 | 26.0% |
| Spain | 0.2 | N/A | 0.4 | N/A | 41.4% |
| Others | 0.2 | 0.1 | 0.2 | 0.3 | 14.5% |
| Total | 6.3 | 6.1 | 9.5 | 12.0 | 24.0% |
Top Suppliers of Non-Alloy Steel I-Sections to Norway in 2022:
- Luxembourg (4.7K tons)
- Germany (2.5K tons)
- Poland (0.6K tons)
- Denmark (0.5K tons)
Non-Alloy Steel I-Sections Exports in Norway
In 2022, the amount of i-sections of non-alloy steel exported from Norway fell rapidly to 22 tons, dropping by -86.5% compared with the previous year. Overall, exports recorded a precipitous shrinkage. The most prominent rate of growth was recorded in 2021 with an increase of 249% against the previous year. As a result, the exports reached the peak of 164 tons, and then declined remarkably in the following year.
In value terms, non-alloy steel i-sections exports reduced sharply to $41K in 2022. In general, exports saw a sharp reduction. The most prominent rate of growth was recorded in 2021 when exports increased by 359% against the previous year. As a result, the exports attained the peak of $227K, and then fell dramatically in the following year.
| Export of Non-Alloy Steel I-Sections in Norway (Thousand USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Romania | 7.9 | N/A | N/A | 33.0 | 61.1% |
| Thailand | N/A | N/A | 202 | 5.4 | -97.3% |
| Finland | N/A | N/A | N/A | 2.6 | 0% |
| Spain | 119 | N/A | N/A | N/A | 0% |
| Belgium | N/A | N/A | 24.6 | N/A | 0% |
| Sweden | 13.0 | 0.4 | 0.9 | N/A | -73.7% |
| United Kingdom | 2.8 | N/A | N/A | N/A | 0% |
| Netherlands | N/A | 43.6 | N/A | N/A | 0% |
| Others | 4.3 | 5.5 | N/A | N/A | 27.9% |
| Total | 147 | 49.5 | 227 | 41.0 | -34.7% |
Top Export Markets for Non-Alloy Steel I-Sections from Norway in 2022:
- Romania (17.6 tons)
- Thailand (3.3 tons)
- Finland (1.2 tons)
This report provides an in-depth analysis of the non-alloy steel i-sections 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 24107120 - I-sections of a web height of .80 mm or more (of non-alloy steel)
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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