Norway: Market for Packing Cases, Boxes And Similar Packings 2024

Market Size for Packing Cases, Boxes And Similar Packings in Norway

The Norwegian wooden case and box market skyrocketed to $X in 2022, surging by X% against the previous year. In general, the total consumption indicated prominent growth from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2020 indices. Wooden case and box consumption peaked in 2022 and is expected to retain growth in years to come.

Production of Packing Cases, Boxes And Similar Packings in Norway

In value terms, wooden case and box production dropped slightly to $X in 2022 estimated in export price. Overall, production saw a slight downturn. The pace of growth was the most pronounced in 2017 when the production volume increased by X% against the previous year. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production remained at a lower figure.

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Exports of Packing Cases, Boxes And Similar Packings

Exports from Norway

In 2022, overseas shipments of packing cases, boxes and similar packings decreased by X% to X units, falling for the second consecutive year after nine years of growth. In general, exports, however, recorded significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports hit record highs at X units in 2020; however, from 2021 to 2022, the exports failed to regain momentum.

In value terms, wooden case and box exports reached $X in 2022. Over the period under review, exports, however, continue to indicate significant growth. The most prominent rate of growth was recorded in 2013 with an increase of X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Sweden (X units) was the main destination for wooden case and box exports from Norway, accounting for a X% share of total exports. Moreover, wooden case and box exports to Sweden exceeded the volume sent to the second major destination, Denmark (X units), fourfold.

From 2012 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: Denmark (X% per year) and Poland (X% per year).

In value terms, Sweden ($X) remains the key foreign market for packing cases, boxes and similar packings exports from Norway, comprising X% of total exports. The second position in the ranking was held by Denmark ($X), with an X% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Sweden stood at X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (X% per year) and Poland (X% per year).

Export Prices by Country

In 2022, the average wooden case and box export price amounted to $X per unit, with an increase of X% against the previous year. Overall, the export price, however, showed a abrupt slump. Over the period under review, the average export prices hit record highs at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

Average prices varied somewhat for the major export markets. In 2022, amid the top suppliers, the country with the highest price was Denmark ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Denmark (X%), while the prices for the other major destinations experienced a decline.

Imports of Packing Cases, Boxes And Similar Packings

Imports into Norway

In 2022, approx. X units of packing cases, boxes and similar packings were imported into Norway; with a decrease of X% compared with the previous year. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2021 with an increase of X%. As a result, imports attained the peak of X units, and then contracted in the following year.

In value terms, wooden case and box imports stood at $X in 2022. Overall, total imports indicated a prominent increase from 2012 to 2022: its value increased at an average annual rate of X% 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 X% against 2016 indices. The growth pace was the most rapid in 2021 when imports increased by X% against the previous year. Over the period under review, imports attained the peak figure in 2022 and are expected to retain growth in the near future.

Imports by Country

Sweden (X units), Finland (X units) and Denmark (X units) were the main suppliers of wooden case and box imports to Norway, together accounting for X% of total imports. Poland, Latvia, Lithuania, the Netherlands, Germany, Italy, France, Belgium and Estonia lagged somewhat behind, together comprising a further X%.

From 2012 to 2022, the biggest increases were recorded for Latvia (with a CAGR of X%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest wooden case and box suppliers to Norway were Sweden ($X), Finland ($X) and Denmark ($X), with a combined X% share of total imports. Poland, Lithuania, Latvia, Germany, the Netherlands, Italy, Estonia, Belgium and France lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Latvia, with a CAGR of X%, 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

The average wooden case and box import price stood at $X per unit in 2022, with an increase of X% against the previous year. Over the last decade, it increased at an average annual rate of X%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Germany ($X per unit), while the price for Finland ($X per unit) was amongst the lowest.

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

Source: IndexBox Platform

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