Norway: Articles Of Gut Market 2022

Articles Of Gut Market Size in Norway

The Norwegian articles of gut market soared to $X in 2021, jumping by X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, saw a noticeable downturn. As a result, consumption attained the peak level of $X. From 2016 to 2021, the growth of the market remained at a lower figure.

Articles Of Gut Exports

Exports from Norway

In 2021, exports of articles of gut, goldbeater’s skin, bladders or tendons from Norway surged to X kg, increasing by X% on the previous year's figure. Over the period under review, exports saw modest growth. The most prominent rate of growth was recorded in 2018 with an increase of X%. The exports peaked in 2021 and are likely to see gradual growth in years to come.

In value terms, articles of gut exports soared to $X in 2021. In general, exports showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2018 with an increase of X% against the previous year. The exports peaked at $X in 2016; however, from 2017 to 2021, the exports remained at a lower figure.

Exports by Country

Sweden (X kg) was the main destination for articles of gut exports from Norway, with a X% share of total exports. Moreover, articles of gut exports to Sweden exceeded the volume sent to the second major destination, Trinidad and Tobago (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Sweden stood at +X%.

In value terms, Sweden ($X) and Trinidad and Tobago ($X) were the largest markets for articles of gut exported from Norway worldwide.

Among the main countries of destination, Sweden, with a CAGR of +X%, saw the highest growth rate of the value of exports, over the period under review.

Export Prices by Country

In 2021, the average articles of gut export price amounted to $X per ton, increasing by X% against the previous year. Over the period under review, the export price, however, recorded a mild curtailment. The pace of growth appeared the most rapid in 2013 an increase of X% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2014 to 2021, the the average export prices failed to regain momentum.

There were significant differences in the average prices for the major export markets. In 2021, the country with the highest price was Trinidad and Tobago ($X per ton), while the average price for exports to Sweden totaled $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Trinidad and Tobago (X%).

Articles Of Gut Imports

Imports into Norway

In 2021, the amount of articles of gut, goldbeater’s skin, bladders or tendons imported into Norway surged to X kg, rising by X% against the previous year's figure. In general, imports showed a significant expansion. The pace of growth was the most pronounced in 2013 when imports increased by X%. Over the period under review, imports attained the maximum at X kg in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, articles of gut imports soared to $X in 2021. Overall, imports continue to indicate significant growth. The growth pace was the most rapid in 2013 with an increase of X%. Imports peaked at $X in 2015; however, from 2016 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, the United States (X kg) constituted the largest supplier of articles of gut to Norway, accounting for a X% share of total imports. Moreover, articles of gut imports from the United States exceeded the figures recorded by the second-largest supplier, China (X kg), fivefold. The third position in this ranking was held by Italy (X kg), with a X% share.

From 2012 to 2021, the average annual growth rate of volume from the United States totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Italy (+X% per year).

In value terms, the United States ($X) constituted the largest supplier of articles of gut to Norway, comprising X% of total imports. The second position in the ranking was held by China ($X), with an X% share of total imports. It was followed by Italy, with a X% share.

From 2012 to 2021, the average annual growth rate of value from the United States stood at +X%. The remaining supplying countries recorded the following average annual rates of imports growth: China (+X% per year) and Italy (+X% per year).

Import Prices by Country

In 2021, the average articles of gut import price amounted to $X per ton, jumping by X% against the previous year. Overall, import price indicated a moderate expansion from 2012 to 2021: its price increased at an average annual rate of +X% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, articles of gut import price increased by +X% against 2018 indices. The most prominent rate of growth was recorded in 2014 when the average import price increased by X%. As a result, import price reached the peak level of $X per ton. From 2015 to 2021, the average import prices remained at a lower figure.

Prices varied noticeably countryorigin: the country with the highest price was France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Italy (+X%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Market Intelligence Platform

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