Norway: Market for Granules, Chippings And Powder Of Marble 2023

Market Size for Granules, Chippings And Powder Of Marble in Norway

In 2021, the Norwegian marble granules and powder market decreased by -24.5% to $X, falling for the second consecutive year after three years of growth. Over the period under review, consumption saw a deep downturn. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Granules, Chippings And Powder Of Marble in Norway

In value terms, marble granules and powder production expanded remarkably to $X in 2021 estimated in export price. Over the period under review, production, however, recorded a noticeable decline. The most prominent rate of growth was recorded in 2018 with an increase of 18%. Marble granules and powder production peaked at $X in 2013; however, from 2014 to 2021, production remained at a lower figure.

Exports of Granules, Chippings And Powder Of Marble

Exports from Norway

After two years of decline, overseas shipments of granules, chippings and powder of marble increased by 51% to X tons in 2021. Overall, total exports indicated resilient growth from 2012 to 2021: its volume increased at an average annual rate of +5.7% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, marble granules and powder exports soared to $X in 2021. The total export value increased at an average annual rate of +2.8% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Belgium (X tons), the Netherlands (X tons) and Germany (X tons) were the main destinations of marble granules and powder exports from Norway, together accounting for 76% of total exports. Denmark, the UK, Poland and Sweden lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Poland (with a CAGR of +3,791.9%), while the other leaders experienced more modest paces of growth.

In value terms, Belgium ($X), the Netherlands ($X) and Denmark ($X) constituted the largest markets for marble granules and powder exported from Norway worldwide, together accounting for 70% of total exports. Germany, the UK, Poland and Sweden lagged somewhat behind, together accounting for a further 28%.

Poland, with a CAGR of +538.8%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average marble granules and powder export price amounted to $X per ton, increasing by 4.4% against the previous year. Overall, the export price, however, continues to indicate a pronounced contraction. The most prominent rate of growth was recorded in 2017 an increase of 10%. The export price peaked at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+0.5%), while the prices for the other major destinations experienced a decline.

Imports of Granules, Chippings And Powder Of Marble

Imports into Norway

After two years of decline, supplies from abroad of granules, chippings and powder of marble increased by 45% to X tons in 2021. The total import volume increased at an average annual rate of +1.3% over the period from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Imports peaked at X tons in 2015; however, from 2016 to 2021, imports failed to regain momentum.

In value terms, marble granules and powder imports soared to $X in 2021. Overall, imports showed a relatively flat trend pattern. Over the period under review, imports attained the maximum at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, Italy (X tons) constituted the largest marble granules and powder supplier to Norway, with a 56% share of total imports. Moreover, marble granules and powder imports from Italy exceeded the figures recorded by the second-largest supplier, Sweden (X tons), twofold. China (X tons) ranked third in terms of total imports with an 11% share.

From 2012 to 2021, the average annual growth rate of volume from Italy totaled +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-7.6% per year) and China (+98.7% per year).

In value terms, Italy ($X), Sweden ($X) and the United States ($X) were the largest marble granules and powder suppliers to Norway, together accounting for 83% of total imports. China, France and the UK lagged somewhat behind, together accounting for a further 14%.

China, with a CAGR of +83.4%, saw the highest rates of growth with regard to the value of imports, among 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 2021, the average marble granules and powder import price amounted to $X per ton, increasing by 11% against the previous year. Over the period under review, the import price, however, saw a slight setback. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Sweden (+2.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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