Norway - Terry Towelling (Excluding Of Cotton) - Market Analysis, Forecast, Size, Trends And Insights
Report Update: May 1, 2024

Norway - Terry Towelling (Excluding Of Cotton) - Market Analysis, Forecast, Size, Trends And Insights

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Non-Cotton Terry Towelling Price in Norway - 2023

Contents:

  1. Non-Cotton Terry Towelling Price in Norway (CIF) - 2022
  2. Non-Cotton Terry Towelling Price in Norway (FOB) - 2022
  3. Non-Cotton Terry Towelling Imports in Norway
  4. Non-Cotton Terry Towelling Exports in Norway

Non-Cotton Terry Towelling Price in Norway (CIF) - 2022

The average non-cotton terry towelling import price stood at $0.3 per square meter in 2022, declining by -26.2% against the previous year. Over the period under review, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, non-cotton terry towelling import price decreased by -37.3% against 2020 indices. The pace of growth appeared the most rapid in 2018 an increase of 30%. The import price peaked at $0.4 per square meter in 2020; however, from 2021 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($0.4 per square meter), while the price for Poland ($0.1 per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Poland (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Non-Cotton Terry Towelling Price in Norway (FOB) - 2022

The average non-cotton terry towelling export price stood at $0.3 per square meter in 2022, falling by -16.2% against the previous year. Overall, the export price, however, posted a strong increase. The pace of growth appeared the most rapid in 2017 when the average export price increased by 183%. The export price peaked at $0.4 per square meter in 2021, and then contracted significantly in the following year.

As there is only one major export destination, the average price level is determined by prices for Sweden.

From 2012 to 2022, the rate of growth in terms of prices for Finland amounted to +8.7% per year.

Non-Cotton Terry Towelling Imports in Norway

In 2022, the amount of terry towelling (excluding of cotton) imported into Norway soared to 412K square meters, picking up by 620% on the previous year's figure. Over the period under review, imports enjoyed a prominent expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, non-cotton terry towelling imports skyrocketed to $111K in 2022. Overall, imports continue to indicate buoyant growth. As a result, imports attained the peak and are likely to continue growth in the immediate term.

Import of Non-Cotton Terry Towelling in Norway (Thousand USD)
COUNTRY2019202020212022CAGR,
2019-2022
Sweden0.3N/A0.253.7463.6%
China72.23.65.715.3-40.4%
Denmark1.5N/AN/A7.873.2%
Poland0.1N/A0.76.3297.9%
Bulgaria7.9N/AN/A4.8-15.3%
Turkey0.40.50.44.3120.7%
GermanyN/AN/A0.43.8850.0%
United Kingdom2.60.93.63.611.5%
Others1.48.79.811.2100.0%
Total86.513.720.91118.7%

Top Suppliers of Non-Cotton Terry Towelling to Norway in 2022:

  1. Sweden (164.7K square meters)
  2. China (94.1K square meters)
  3. Poland (55.5K square meters)
  4. Denmark (31.2K square meters)
  5. Bulgaria (18.2K square meters)
  6. Turkey (15.4K square meters)
  7. Germany (9.6K square meters)
  8. United Kingdom (9.5K square meters)

Non-Cotton Terry Towelling Exports in Norway

In 2022, approx. 3.6K square meters of terry towelling (excluding of cotton) were exported from Norway; which is down by -70.7% on the year before. Over the period under review, exports showed a sharp downturn. The growth pace was the most rapid in 2021 when exports increased by 19% against the previous year. Over the period under review, the exports reached the maximum at 22K square meters in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, non-cotton terry towelling exports dropped rapidly to $1.1K in 2022. Overall, exports faced a sharp decline. The pace of growth appeared the most rapid in 2021 with an increase of 123%. As a result, the exports attained the peak of $4.5K, and then fell notably in the following year.

Export of Non-Cotton Terry Towelling in Norway (USD)
COUNTRY2019202020212022CAGR,
2019-2022
SwedenN/A6711,3491,09527.7%
Spain688211N/AN/A-69.3%
Russia555N/AN/AN/A0%
SwitzerlandN/AN/A432N/A0%
Finland1,66573.0479N/A-46.4%
DenmarkN/A305197N/A-35.4%
OthersN/A7382,006N/A171.8%
Total2,9081,9984,4631,095-27.8%

Top Export Markets for Non-Cotton Terry Towelling from Norway in 2022:

  1. Sweden (3.6K square meters)

Source: IndexBox Market Intelligence Platform

This report provides an in-depth analysis of the non-cotton terry towelling 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 13204300 - Terry towelling and similar woven terry fabrics (excluding of cotton)

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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