Norway: Construction Sands Market 2024

Construction Sands Market Size in Norway

In 2022, after six years of growth, there was significant decline in the Norwegian construction sands market, when its value decreased by -5.9% to $X. Overall, consumption showed a resilient expansion. Construction sands consumption peaked at $X in 2021, and then reduced in the following year.

Construction Sands Production in Norway

In value terms, construction sands production reduced markedly to $X in 2022 estimated in export price. Overall, production saw a strong increase. The most prominent rate of growth was recorded in 2018 when the production volume increased by 94%. Construction sands production peaked at $X in 2021, and then fell sharply in the following year.

Construction Sands Exports

Exports from Norway

In 2022, approx. X tons of construction sands were exported from Norway; increasing by 9.3% compared with the previous year's figure. Over the period under review, exports enjoyed strong growth. The pace of growth was the most pronounced in 2019 when exports increased by 96%. Over the period under review, the exports attained the maximum in 2022 and are likely to see gradual growth in the near future.

In value terms, construction sands exports expanded modestly to $X in 2022. In general, exports enjoyed a prominent increase. The most prominent rate of growth was recorded in 2020 when exports increased by 142%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

France (X tons) was the main destination for construction sands exports from Norway, accounting for a 93% share of total exports. Moreover, construction sands exports to France exceeded the volume sent to the second major destination, Belgium (X tons), more than tenfold. The third position in this ranking was held by Sweden (X tons), with a 1.9% share.

From 2012 to 2022, the average annual growth rate of volume to France amounted to +131.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+60.6% per year) and Sweden (-20.4% per year).

In value terms, France ($X) remains the key foreign market for construction sands exports from Norway, comprising 63% of total exports. The second position in the ranking was taken by Sweden ($X), with a 12% share of total exports. It was followed by Belgium, with a 2.5% share.

From 2012 to 2022, the average annual growth rate of value to France amounted to +138.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (-4.0% per year) and Belgium (+58.1% per year).

Export Prices by Country

In 2022, the average construction sands export price amounted to $X per ton, reducing by -5.8% against the previous year. Over the period under review, the export price, however, showed a noticeable expansion. The pace of growth appeared the most rapid in 2020 an increase of 104% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2021 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Belgium ($X 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 Denmark (+52.0%), while the prices for the other major destinations experienced more modest paces of growth.

Construction Sands Imports

Imports into Norway

Construction sands imports into Norway stood at X tons in 2022, surging by 12% on 2021. Overall, imports, however, continue to indicate a deep reduction. The pace of growth was the most pronounced in 2017 with an increase of 49% against the previous year. Imports peaked at X tons in 2012; however, from 2013 to 2022, imports remained at a lower figure.

In value terms, construction sands imports rose remarkably to $X in 2022. In general, imports, however, showed a pronounced decline. The pace of growth appeared the most rapid in 2017 with an increase of 30% against the previous year. Imports peaked at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Denmark (X tons) constituted the largest supplier of construction sands to Norway, with a 58% share of total imports. Moreover, construction sands imports from Denmark exceeded the figures recorded by the second-largest supplier, Sweden (X tons), fourfold. Australia (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Denmark was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-19.6% per year) and Australia (+10.5% per year).

In value terms, the largest construction sands suppliers to Norway were Denmark ($X), Australia ($X) and Germany ($X), together accounting for 77% of total imports.

Australia, with a CAGR of +10.3%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average construction sands import price amounted to $X per ton, stabilizing at the previous year. Over the period under review, import price indicated moderate growth from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, construction sands import price increased by +33.3% against 2020 indices. The pace of growth was the most pronounced in 2021 when the average import price increased by 32%. Over the period under review, average import prices attained the peak figure in 2022 and is expected to retain growth in the near future.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Germany ($X per ton), while the price for Denmark ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+5.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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