Norway: Plastic Bag Market 2024

Plastic Bag Market Size in Norway

In 2022, the Norwegian plastic bag market increased by X% to $X, rising for the second year in a row after three years of decline. Overall, consumption continues to indicate a relatively flat trend pattern. Plastic bag consumption peaked at $X in 2014; however, from 2015 to 2022, consumption remained at a lower figure.

Plastic Bag Production in Norway

In value terms, plastic bag production skyrocketed to $X in 2022 estimated in export price. In general, production recorded a deep downturn. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Plastic Bag Exports

Exports from Norway

Plastic bag exports from Norway surged to X tons in 2022, jumping by X% compared with 2021. Overall, exports enjoyed a prominent expansion. The most prominent rate of growth was recorded in 2019 when exports increased by X%. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the near future.

In value terms, plastic bag exports skyrocketed to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The exports peaked at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Denmark (X tons), Sweden (X tons) and Finland (X tons) were the main destinations of plastic bag exports from Norway, together comprising X% of total exports. These countries were followed by the UK, which accounted for a further X%.

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

In value terms, the largest markets for plastic bag exported from Norway were Denmark ($X), Sweden ($X) and the UK ($X), together comprising X% of total exports.

In terms of the main countries of destination, the UK, with a CAGR of X%, saw the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

In 2022, the average plastic bag export price amounted to $X per ton, picking up by X% against the previous year. Overall, the export price, however, continues to indicate a deep downturn. The export price peaked at $X per ton in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Finland ($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 the UK (X%), while the prices for the other major destinations experienced a decline.

Plastic Bag Imports

Imports into Norway

In 2022, the amount of plastic sacks and bags imported into Norway rose remarkably to X tons, growing by X% on 2021 figures. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth appeared the most rapid in 2013 with an increase of X%. Imports peaked at X tons in 2017; however, from 2018 to 2022, imports failed to regain momentum.

In value terms, plastic bag imports rose remarkably to $X in 2022. The total import value increased at an average annual rate of X% over the period from 2012 to 2022; the trend pattern remained relatively stable, with only minor fluctuations being recorded throughout the analyzed period. The pace of growth was the most pronounced in 2021 with an increase of X% against the previous year. Over the period under review, imports hit record highs in 2022 and are likely to see gradual growth in the immediate term.

Imports by Country

Sweden (X tons), China (X tons) and Denmark (X tons) were the main suppliers of plastic bag imports to Norway, together comprising X% of total imports. Germany, Malaysia, Lithuania, Turkey, Vietnam, Poland, Finland, Estonia, India and Bosnia and Herzegovina 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 Malaysia (with a CAGR of X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest plastic bag suppliers to Norway were Sweden ($X), China ($X) and Denmark ($X), together comprising X% of total imports. Germany, Malaysia, Turkey, Lithuania, Poland, Finland, Vietnam, Estonia, India and Bosnia and Herzegovina lagged somewhat behind, together accounting for a further X%.

Among the main suppliers, Malaysia, with a CAGR of X%, saw the highest growth rate of 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 plastic bag import price stood at $X per ton in 2022, stabilizing at the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The growth pace was the most rapid in 2021 when the average import price increased by X% against the previous year. As a result, import price reached the peak level of $X per ton, leveling off in the following year.

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 Poland ($X per ton), while the price for Malaysia ($X per ton) was amongst the lowest.

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

Source: IndexBox Platform

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