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Norway - Aluminium Bars, Rods And Profiles - Market Analysis, Forecast, Size, Trends and Insights
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Norway: Aluminium Bar Market Overview 2021

Aluminium Bar Market Size in Norway

In 2019, after two years of growth, there was decline in the Norwegian aluminium bar market, when its value decreased by -X% to $X. Over the period under review, consumption, however, saw a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the market value increased by X% against the previous year. Over the period under review, the market hit record highs at $X in 2018, and then contracted in the following year.

Aluminium Bar Production in Norway

In value terms, aluminium bar production declined modestly to $X in 2019 estimated in export prices. Overall, production, however, saw a noticeable decrease. The pace of growth was the most pronounced in 2011 with an increase of X% year-to-year. Aluminium bar production peaked at $X in 2007; however, from 2008 to 2019, production stood at a somewhat lower figure.

Aluminium Bar Exports

Exports from Norway

Aluminium bar exports from Norway shrank to X tonnes in 2019, therefore, remained relatively stable against the previous year's figure. Overall, exports showed a mild decrease. The pace of growth appeared the most rapid in 2011 when exports increased by X% y-o-y. As a result, exports attained the peak of X tonnes. From 2012 to 2019, the growth exports remained at a somewhat lower figure.

In value terms, aluminium bar exports reduced to $X in 2019. In general, exports saw a abrupt decrease. The most prominent rate of growth was recorded in 2011 when exports increased by X% year-to-year. Exports peaked at $X in 2007; however, from 2008 to 2019, exports failed to regain the momentum.

Exports by Country

Sweden (X tonnes) was the main destination for aluminium bar exports from Norway, accounting for a X% share of total exports. Moreover, aluminium bar exports to Sweden exceeded the volume sent to the second major destination, the Czech Republic (X tonnes), threefold. Poland (X tonnes) ranked third in terms of total exports with a X% share.

From 2007 to 2019, the average annual growth rate of volume to Sweden totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+X% per year) and Poland (+X% per year).

In value terms, Sweden ($X) remains the key foreign market for aluminium bar exports from Norway, comprising X% of total exports. The second position in the ranking was occupied by the Czech Republic ($X), with a X% share of total exports. It was followed by Poland, with a X% share.

From 2007 to 2019, the average annual growth rate of value to Sweden totaled -X%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+X% per year) and Poland (+X% per year).

Export Prices by Country

The average aluminium bar export price stood at $X per tonne in 2019, reducing by -X% against the previous year. In general, the export price recorded a pronounced setback. The pace of growth appeared the most rapid in 2018 when the average export price increased by X% year-to-year. Over the period under review, average export prices attained the peak figure at $X per tonne in 2007; however, from 2008 to 2019, export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2019, the country with the highest price was Finland ($X per tonne), while the average price for exports to Hungary ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was recorded for supplies to Finland, while the prices for the other major destinations experienced a decline.

Aluminium Bar Imports

Imports into Norway

For the fourth year in a row, Norway recorded growth in purchases abroad of aluminium bars, rods and profiles, which increased by X% to X tonnes in 2019. Over the period under review, imports, however, recorded a mild reduction. The growth pace was the most rapid in 2010 with an increase of X% against the previous year. Over the period under review, imports hit record highs at X tonnes in 2008; however, from 2009 to 2019, imports remained at a lower figure.

In value terms, aluminium bar imports declined to $X in 2019. In general, imports, however, continue to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of X% y-o-y. Imports peaked at $X in 2008; however, from 2009 to 2019, imports failed to regain the momentum.

Imports by Country

Sweden (X tonnes), Slovenia (X tonnes) and China (X tonnes) were the main suppliers of aluminium bar imports to Norway, with a combined X% share of total imports.

From 2007 to 2019, the biggest increases were in Slovenia, while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest aluminium bar suppliers to Norway were Sweden ($X), Germany ($X) and Slovenia ($X), with a combined X% share of total imports. These countries were followed by China, Austria, Poland, Denmark, Belgium and Bulgaria, which together accounted for a further X the main suppliers, Bulgaria recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2019, the average aluminium bar import price amounted to $X per tonne, waning by -X% against the previous year. Over the period under review, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2015 when the average import price increased by X% y-o-y. Over the period under review, average import prices hit record highs at $X per tonne in 2018, and then fell in the following year.

Prices varied noticeably by the country of origin; the country with the highest price was Germany ($X per tonne), while the price for Slovenia ($X per tonne) was amongst the lowest.

From 2007 to 2019, the most notable rate of growth in terms of prices was attained by Poland, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for aluminium bars, rods and profiles in the world?
+
The countries with the highest volumes of aluminium bar consumption in 2019 were China (5.1M tonnes), the U.S. (2.9M tonnes) and Brazil (1.2M tonnes), with a combined 49% share of global consumption.
What are the largest producers of aluminium bars, rods and profiles in the world?
+
The country with the largest volume of aluminium bar production was China (6.1M tonnes), accounting for 31% of total volume. Moreover, aluminium bar production in China exceeded the figures recorded by the second-largest producer, the U.S. (2.9M tonnes), twofold. The third position in this ranking was occupied by Brazil (1.2M tonnes), with a 6.2% share.
What are the leading suppliers of aluminium bars, rods and profiles to Norway?
+
In value terms, Sweden ($32M), Germany ($18M) and Slovenia ($13M) appeared to be the largest aluminium bar suppliers to Norway, with a combined 54% share of total imports. These countries were followed by China, Austria, Poland, Denmark, Belgium and Bulgaria, which together accounted for a further 31%.
What are the leading importers of aluminium bars, rods and profiles from Norway?
+
In value terms, Sweden ($43M) remains the key foreign market for aluminium bar exports from Norway, comprising 48% of total exports. The second position in the ranking was occupied by the Czech Republic ($15M), with a 16% share of total exports. It was followed by Poland, with a 7.5% share.
What is the average export price for aluminium bars, rods and profiles in Norway?
+
In 2019, the average aluminium bar export price amounted to $3,880 per tonne, which is down by -9.2% against the previous year.
What is the average import price for aluminium bars, rods and profiles in Norway?
+
In 2019, the average aluminium bar import price amounted to $4,717 per tonne, falling by -12.9% against the previous year.

Product coverage:
• Prodcom 24422230 - Aluminium bars, rods and profiles (excluding rods and profiles prepared for use in structures)
• Prodcom 24422250 - Aluminium alloy bars, rods, profiles and hollow profiles (excluding rods and profiles prepared for use in structures)

This report provides an in-depth analysis of the aluminium bar 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 2025.


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. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption In 2007–2019
Table 5:
Imports, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Value Terms, By Country, 2007–2019
Table 7:
Import Prices, By Country Of Origin, 2007–2019
Table 8:
Exports, In Physical Terms, By Country, 2007–2019
Table 9:
Exports, In Value Terms, By Country, 2007–2019
Table 10:
Export Prices, By Country Of Destination, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2019
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2019
Figure 5:
Trade Balance, In Physical Terms, 2007–2019
Figure 6:
Trade Balance, In Value Terms, 2007–2019
Figure 7:
Per Capita Consumption, 2007–2019
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2019
Figure 21:
Production, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, 2007–2019
Figure 23:
Imports, In Value Terms, 2007–2019
Figure 24:
Imports, In Physical Terms, By Country, 2019
Figure 25:
Imports, In Physical Terms, By Country, 2007–2019
Figure 26:
Imports, In Value Terms, By Country, 2007–2019
Figure 27:
Import Prices, By Country Of Origin, 2007–2019
Figure 28:
Exports, In Physical Terms, 2007–2019
Figure 29:
Exports, In Value Terms, 2007–2019
Figure 30:
Exports, In Physical Terms, By Country, 2019
Figure 31:
Exports, In Physical Terms, By Country, 2007–2019
Figure 32:
Exports, In Value Terms, By Country, 2007–2019
Figure 33:
Export Prices, By Country Of Destination, 2007–2019

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