Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Norway - 2024

Contents:

1. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Norway (CIF) - 2022
2. Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Norway (FOB) - 2022
3. Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Norway
4. Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Norway

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Norway (CIF) - 2022

In 2022, the average import price for felt; whether or not impregnated, coated, covered or laminateds amounted to $5,791 per ton, falling by -13% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 an increase of 32%. Over the period under review, average import prices hit record highs at $7,381 per ton in 2019; however, from 2020 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Austria ($49,688 per ton), while the price for Poland ($1,602 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Austria (+31.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Norway (FOB) - 2022

In 2022, the average export price for felt; whether or not impregnated, coated, covered or laminateds amounted to $13,702 per ton, waning by -9.5% against the previous year. Overall, the export price saw a deep downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 58% against the previous year. Over the period under review, the average export prices reached the peak figure at $39,794 per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Iceland ($47,506 per ton), while the average price for exports to Denmark ($6,149 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 Sweden (+10.3%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Norway

For the fourth consecutive year, Norway recorded growth in overseas purchases of felt; whether or not impregnated, coated, covered or laminateds, which increased by 41% to 1.2K tons in 2022. Overall, imports recorded a significant expansion. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, imports of felt; whether or not impregnated, coated, covered or laminateds soared to $7M in 2022. Over the period under review, total imports indicated a remarkable increase from 2019 to 2022: its value increased at an average annual rate of +19.1% 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 +72.0% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. Over the period under review, imports of hit record highs in 2022 and are expected to retain growth in the near future.

Top Suppliers of Felt; Whether or Not Impregnated, Coated, Covered or Laminated to Norway in 2022:

1. Italy (289.4 tons)
2. Germany (250.8 tons)
3. Denmark (203.5 tons)
4. Poland (129.9 tons)
5. Sweden (108.3 tons)
6. China (106.7 tons)
7. Sri Lanka (27.8 tons)

Exports of Felt; Whether or Not Impregnated, Coated, Covered or Laminated in Norway

In 2022, overseas shipments of felt; whether or not impregnated, coated, covered or laminateds increased by 35% to 5.2 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, recorded a sharp decline.

In value terms, exports of felt; whether or not impregnated, coated, covered or laminateds skyrocketed to $72K in 2022. In general, exports, however, showed a abrupt setback.

Top Export Markets for Felt; Whether or Not Impregnated, Coated, Covered or Laminated from Norway in 2022:

1. Denmark (4.1 tons)
2. Sweden (0.5 tons)
3. Iceland (0.4 tons)
4. United States (0.1 tons)

Source: IndexBox Market Intelligence Platform