Norway: Metallised Yarn Market 2024

Metallised Yarn Market Size in Norway

The Norwegian metallised yarn market shrank to $X in 2022, which is down by X% against the previous year. Overall, consumption, however, saw a resilient increase. Over the period under review, the market reached the peak level at $X in 2019; however, from 2020 to 2022, consumption remained at a lower figure.

Metallised Yarn Production in Norway

In value terms, metallised yarn production contracted to $X in 2022 estimated in export price. Overall, production, however, enjoyed a buoyant increase. The pace of growth was the most pronounced in 2016 with an increase of X%. Over the period under review, production attained the maximum level at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

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Metallised Yarn Exports

Exports from Norway

In 2022, approx. X kg of metallised yarn and strip were exported from Norway; shrinking by X% against the previous year. Over the period under review, exports saw a significant decline. The pace of growth appeared the most rapid in 2020 with an increase of X%. Over the period under review, the exports attained the maximum at X tons in 2015; however, from 2016 to 2022, the exports remained at a lower figure.

In value terms, metallised yarn exports stood at $X in 2022. Overall, exports faced a precipitous decrease. The pace of growth was the most pronounced in 2020 when exports increased by X%. As a result, the exports attained the peak of $X. From 2021 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Sweden (X kg) was the main destination for metallised yarn exports from Norway, with a X% share of total exports. Moreover, metallised yarn exports to Sweden exceeded the volume sent to the second major destination, Germany (X kg), fivefold. The third position in this ranking was taken by Denmark (X kg), with a X% share.

From 2014 to 2022, the average annual rate of growth in terms of volume to Sweden amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (X% per year) and Denmark (X% per year).

In value terms, Denmark ($X), Sweden ($X) and Germany ($X) appeared to be the largest markets for metallised yarn exported from Norway worldwide, together accounting for X% of total exports.

In terms of the main countries of destination, Germany, with a CAGR of X%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced a decline.

Export Prices by Country

The average metallised yarn export price stood at $X per ton in 2022, rising by X% against the previous year. In general, the export price showed a significant expansion. The most prominent rate of growth was recorded in 2016 when the average export price increased by X% against the previous year. The export price peaked at $X per ton in 2020; however, from 2021 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 Denmark ($X per ton), while the average price for exports to Sweden ($X per ton) was amongst the lowest.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Iceland (X%), while the prices for the other major destinations experienced more modest paces of growth.

Metallised Yarn Imports

Imports into Norway

In 2022, approx. X tons of metallised yarn and strip were imported into Norway; shrinking by X% on 2021. In general, imports, however, enjoyed a moderate increase. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. As a result, imports reached the peak of X tons, and then dropped remarkably in the following year.

In value terms, metallised yarn imports declined significantly to $X in 2022. Over the period under review, imports, however, saw perceptible growth. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports attained the peak of $X, and then dropped significantly in the following year.

Imports by Country

France (X kg), the UK (X kg) and Germany (X kg) were the main suppliers of metallised yarn imports to Norway, together accounting for X% of total imports. Denmark, Italy, China, the Netherlands and the Czech Republic lagged somewhat behind, together accounting for a further X%.

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

In value terms, Denmark ($X) constituted the largest supplier of metallised yarn and strip to Norway, comprising X% of total imports. The second position in the ranking was held by Germany ($X), with a X% share of total imports. It was followed by the UK, with a X% share.

From 2012 to 2022, the average annual growth rate of value from Denmark amounted to X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the UK (X% per year).

Import Prices by Country

In 2022, the average metallised yarn import price amounted to $X per ton, surging by X% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 when the average import price increased by X%. The import price peaked in 2022 and is likely to see steady growth in the near future.

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

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

Source: IndexBox Platform

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