Norway - Wood-Based Panels - Market Analysis, Forecast, Size, Trends and Insights
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View PricingWood-Based Panels Price in Norway - 2023
Contents:
- Wood-Based Panels Price in Norway (CIF) - 2022
- Wood-Based Panels Price in Norway (FOB) - 2022
- Wood-Based Panels Imports in Norway
- Wood-Based Panels Exports in Norway
Wood-Based Panels Price in Norway (CIF) - 2022
In 2022, the average wood-based panels import price amounted to $907 per cubic meter, jumping by 22% against the previous year. Over the last decade, it increased at an average annual rate of +3.0%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Belgium ($1,640 per cubic meter), while the price for the UK ($422 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Ireland (+14.3%), while the prices for the other major suppliers experienced more modest paces of growth.
Wood-Based Panels Price in Norway (FOB) - 2022
The average wood-based panels export price stood at $645 per cubic meter in 2022, surging by 5.2% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +3.4%. The pace of growth was the most pronounced in 2017 an increase of 18%. Over the period under review, the average export prices attained the peak figure in 2022 and is likely to continue growth in the near future.
Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($1,465 per cubic meter), while the average price for exports to Sweden ($471 per cubic meter) was amongst the lowest.
From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (+9.9%), while the prices for the other major destinations experienced more modest paces of growth.
Wood-Based Panels Imports in Norway
In 2022, approx. 344K cubic meters of wood-based panels were imported into Norway; waning by -26% on 2021 figures. Over the period under review, imports saw a abrupt decrease. The pace of growth appeared the most rapid in 2021 with an increase of 11%. As a result, imports reached the peak of 466K cubic meters, and then reduced markedly in the following year.
In value terms, wood-based panels imports shrank to $312M in 2022. The total import value increased at an average annual rate of +5.5% from 2019 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 33%. As a result, imports reached the peak of $347M, and then dropped in the following year.
| Import of Wood-Based Panels in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Belgium | 52.8 | 50.5 | 63.5 | 58.2 | 3.3% |
| Germany | 38.5 | 43.4 | 49.2 | 47.7 | 7.4% |
| Finland | 34.2 | 26.9 | 38.7 | 40.3 | 5.6% |
| Latvia | 30.7 | 32.3 | 46.8 | 31.4 | 0.8% |
| Sweden | 15.9 | 20.6 | 25.5 | 21.7 | 10.9% |
| Poland | 17.9 | 16.0 | 21.6 | 18.7 | 1.5% |
| Spain | 4.6 | 4.3 | 6.9 | 15.5 | 49.9% |
| United Kingdom | 10.4 | 8.0 | 14.7 | 13.2 | 8.3% |
| China | 8.5 | 8.9 | 9.6 | 11.3 | 10.0% |
| Russia | 12.9 | 13.8 | 22.2 | 7.1 | -18.0% |
| Others | 39.6 | 36.0 | 47.9 | 47.4 | 6.2% |
| Total | 266 | 261 | 347 | 312 | 5.5% |
Top Suppliers of Wood-Based Panels to Norway in 2022:
- Germany (65.8K cubic meters)
- Latvia (49.6K cubic meters)
- Finland (38.7K cubic meters)
- Belgium (35.5K cubic meters)
- United Kingdom (31.4K cubic meters)
- Poland (24.8K cubic meters)
- Sweden (19.5K cubic meters)
- China (15.3K cubic meters)
- Spain (13.3K cubic meters)
- Russia (10.2K cubic meters)
Wood-Based Panels Exports in Norway
In 2022, after three years of growth, there was significant decline in overseas shipments of wood-based panels, when their volume decreased by -10.4% to 247K cubic meters. The total export volume increased at an average annual rate of +3.3% over the period from 2019 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being observed in certain years. The growth pace was the most rapid in 2020 when exports increased by 15%. The exports peaked at 275K cubic meters in 2021, and then dropped in the following year.
In value terms, wood-based panels exports fell to $159M in 2022. The total export value increased at an average annual rate of +11.3% from 2019 to 2022; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when exports increased by 25%. As a result, the exports attained the peak of $169M, and then reduced in the following year.
| Export of Wood-Based Panels in Norway (Million USD) | |||||
|---|---|---|---|---|---|
| COUNTRY | 2019 | 2020 | 2021 | 2022 | CAGR, 2019-2022 |
| Sweden | 47.0 | 58.6 | 67.5 | 64.2 | 11.0% |
| Denmark | 25.5 | 30.7 | 37.6 | 30.1 | 5.7% |
| Netherlands | 10.2 | 13.6 | 17.7 | 17.9 | 20.6% |
| United Kingdom | 6.1 | 4.8 | 8.7 | 9.7 | 16.7% |
| Finland | 5.0 | 6.6 | 8.7 | 9.1 | 22.1% |
| Estonia | 4.6 | 3.9 | 5.8 | 6.8 | 13.9% |
| Belgium | 4.3 | 4.1 | 5.7 | 5.6 | 9.2% |
| Others | 12.8 | 13.4 | 17.1 | 15.9 | 7.5% |
| Total | 115 | 136 | 169 | 159 | 11.4% |
Top Export Markets for Wood-Based Panels from Norway in 2022:
- Sweden (136.4K cubic meters)
- Denmark (35.1K cubic meters)
- Netherlands (23.4K cubic meters)
- Estonia (11.8K cubic meters)
- Finland (9.5K cubic meters)
- United Kingdom (6.6K cubic meters)
- Belgium (6.2K cubic meters)
This report provides an in-depth analysis of the wood-based panels 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 1647 - Hardboard
- FCL 1648 - MDF/HDF
- FCL 1650 - Other fibreboard
- FCL 1697 - Particle board
- FCL 1606 - OSB
- FCL 1640 - Plywood
- FCL 1634 - Veneer sheets
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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