Norway: Overview of the Market for Cotton Lint 2019

Market Size for Cotton Lint in Norway

The revenue of the market for cotton lint in Norway amounted to $X in 2018, dropping 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 of cotton lint, however, continues to indicate strong growth. The growth pace was the most rapid in 2013 with an increase of X% y-o-y. Consumption of cotton lint peaked at $X in 2017, and then declined slightly in the following year.

Exports of Cotton Lint

Exports from Norway

In 2018, the exports of cotton lint from Norway totaled X tonnes, going up by X% against the previous year. Overall, exports of cotton lint continue to indicate an outstanding expansion. The most prominent rate of growth was recorded in 2018 with an increase of X% y-o-y. In that year, exports of cotton lint reached their peak and are likely to continue its growth in the immediate term.

In value terms, exports of cotton lint totaled $X in 2018. Over the period under review, exports of cotton lint continue to indicate an extraordinary expansion. The most prominent rate of growth was recorded in 2018 when exports increased by X% against the previous year. In that year, exports of cotton lint reached their peak and are likely to continue its growth in the immediate term.

Exports by Country

Denmark (X tonnes), Sweden (X tonnes) and Germany (X kg) were the main destinations of exports of cotton lint from Norway, with a combined X% share of total exports.

From 2007 to 2018, the most notable rate of growth in terms of exports, amongst the main countries of destination, was attained by Denmark (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X) emerged as the key foreign market for cotton lint and cotton seed exports from Norway, comprising X% of total exports of cotton lint. The second position in the ranking was occupied by Denmark ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2007 to 2018, the average annual rate of growth in terms of value to China was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+X% per year) and Germany (+X% per year).

Export Prices by Country

In 2018, the average export price for cotton lint amounted to $X per tonne, growing by X% against the previous year. In general, the export price for cotton lint, however, continues to indicate a drastic decrease. The most prominent rate of growth was recorded in 2011 an increase of X% against the previous year. In that year, the average export prices for cotton lint reached their peak level of $X per tonne. From 2012 to 2018, the growth in terms of the average export prices for cotton lint failed to regain its momentum.

Prices varied noticeably by the country of destination; the country with the highest price was China ($X per tonne), while the average price for exports to Sweden ($X per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was recorded for supplies to Germany, while the prices for the other major destinations experienced mixed trend patterns.

Imports of Cotton Lint

Imports into Norway

In 2018, approx. X tonnes of cotton lint were imported into Norway; declining by -X% against the previous year. Overall, imports of cotton lint, however, continue to indicate prominent growth. The most prominent rate of growth was recorded in 2013 with an increase of X% year-to-year. Imports peaked at X tonnes in 2017, and then declined slightly in the following year.

In value terms, imports of cotton lint amounted to $X in 2018. Overall, imports of cotton lint, however, continue to indicate a strong expansion. The pace of growth appeared the most rapid in 2013 when imports increased by X% year-to-year. Imports peaked in 2018 and are expected to retain its growth in the near future.

Imports by Country

The Netherlands (X tonnes), Denmark (X tonnes) and France (X tonnes) were the main suppliers of imports of cotton lint to Norway, with a combined X% share of total imports.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main suppliers, was attained by France (+X% per year), while the other leaders experienced more modest paces of growth.

In value terms, China ($X), the Netherlands ($X) and France ($X) appeared to be the largest cotton lint and cotton seed suppliers to Norway, with a combined X% share of total imports.

In terms of the main suppliers, France (+X% per year) recorded the highest rates of growth with regard to imports, over the last eleven years, while the other leaders experienced more modest paces of growth.

Import Prices by Country

The average import price for cotton lint stood at $X per tonne in 2018, growing by X% against the previous year. In general, the import price for cotton lint continues to indicate a mild expansion. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% year-to-year. Over the period under review, the average import prices for cotton lint reached their peak figure at $X per tonne in 2011; however, from 2012 to 2018, import prices stood at a somewhat lower figure.

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

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox AI Platform