Norway: Plastic Household Articles Market 2024

Plastic Household Articles Market Size in Norway

In 2022, after two years of growth, there was decline in the Norwegian plastic household articles market, when its value decreased by -1.9% to $X. Over the period under review, the total consumption indicated a mild increase from 2012 to 2022: its value increased at an average annual rate of +1.6% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +60.8% against 2016 indices. Over the period under review, the market hit record highs at $X in 2021, and then declined slightly in the following year.

Plastic Household Articles Exports

Exports from Norway

Plastic household articles exports from Norway reduced notably to X tons in 2022, waning by -22.7% on the previous year's figure. Over the period under review, exports continue to indicate a slight slump. The growth pace was the most rapid in 2016 with an increase of 252% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2022, the growth of the exports failed to regain momentum.

In value terms, plastic household articles exports fell to $X in 2022. Overall, exports showed a perceptible reduction. The growth pace was the most rapid in 2016 with an increase of 171% against the previous year. As a result, the exports reached the peak of $X. From 2017 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

The Netherlands (X tons), Sweden (X tons) and Denmark (X tons) were the main destinations of plastic household articles exports from Norway, together accounting for 69% of total exports. Iceland, Finland, Greenland, Switzerland, Romania and Poland lagged somewhat behind, together comprising a further 20%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Greenland (with a CAGR of +252.0%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) remains the key foreign market for household articles and toilet articles of plastics exports from Norway, comprising 47% of total exports. The second position in the ranking was taken by Denmark ($X), with a 13% share of total exports. It was followed by Iceland, with a 6.8% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Sweden totaled -7.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-2.5% per year) and Iceland (+10.7% per year).

Export Prices by Country

The average plastic household articles export price stood at $X per ton in 2022, increasing by 19% against the previous year. In general, the export price, however, recorded a noticeable curtailment. The growth pace was the most rapid in 2019 when the average export price increased by 25%. Over the period under review, the average export prices hit record highs at $X per ton in 2012; however, from 2013 to 2022, the export prices failed to regain momentum.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per ton), while the average price for exports to Romania ($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 Romania (+6.1%), while the prices for the other major destinations experienced more modest paces of growth.

Plastic Household Articles Imports

Imports into Norway

In 2022, approx. X tons of household articles and toilet articles of plastics were imported into Norway; flattening at the year before. Over the period under review, imports continue to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 with an increase of 34%. As a result, imports attained the peak of X tons. From 2021 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, plastic household articles imports declined slightly to $X in 2022. Overall, total imports indicated mild growth from 2012 to 2022: its value increased at an average annual rate of +1.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +51.0% against 2019 indices. The pace of growth appeared the most rapid in 2020 with an increase of 37%. Over the period under review, imports hit record highs at $X in 2021, and then contracted modestly in the following year.

Imports by Country

Poland (X tons), China (X tons) and Denmark (X tons) were the main suppliers of plastic household articles imports to Norway, together accounting for 58% of total imports. Sweden, Italy, Germany, Finland and the Netherlands lagged somewhat behind, together accounting for a further 27%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Finland (with a CAGR of +32.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic household articles suppliers to Norway were China ($X), Poland ($X) and Sweden ($X), with a combined 55% share of total imports. Finland, Denmark, Italy, Germany and the Netherlands lagged somewhat behind, together comprising a further 26%.

In terms of the main suppliers, Finland, with a CAGR of +33.2%, 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 2022, the average plastic household articles import price amounted to $X per ton, falling by -3% against the previous year. Over the period under review, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 when the average import price increased by 16%. As a result, import price reached the peak level of $X per ton, and then contracted in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+1.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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