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Norway - Railway Or Tramway Track Construction Material Of Iron Or Steel - Market Analysis, Forecast, Size, Trends and Insights
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Norway: Overview of the Market for Railway Or Tramway Track Construction Material Of Iron Or Steel 2021

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Market Size for Railway Or Tramway Track Construction Material Of Iron Or Steel in Norway

In 2020, the Norwegian market for railway or tramway track construction material of iron or steel increased by X% to $X, rising for the second consecutive year after two years of decline. Over the period under review, consumption recorded a pronounced increase. The most prominent rate of growth was recorded in 2014 with an increase of X% year-to-year. Over the period under review, the market attained the peak level at $X in 2016; however, from 2017 to 2020, consumption stood at a somewhat lower figure.

Exports of Railway Or Tramway Track Construction Material Of Iron Or Steel

Exports from Norway

In 2020, overseas shipments of railway or tramway track construction material of iron or steel were finally on the rise to reach X tonnes for the first time since 2016, thus ending a three-year declining trend. Overall, exports saw a resilient expansion. Over the period under review, exports reached the peak figure at X tonnes in 2009; however, from 2010 to 2020, exports remained at a lower figure.

In value terms, exports of railway or tramway track construction material of iron or steel soared to $X in 2020. In general, exports enjoyed pronounced growth. Over the period under review, exports reached the maximum at $X in 2013; however, from 2014 to 2020, exports failed to regain the momentum.

Exports by Country

The UK (X tonnes) was the main destination for exports of railway or tramway track construction material of iron or steel from Norway, accounting for a X% share of total exports. Moreover, exports of railway or tramway track construction material of iron or steel to the UK exceeded the volume sent to the second major destination, Sweden (X tonnes), fivefold. The third position in this ranking was occupied by Poland (X tonnes), with a X% share.

From 2007 to 2020, the average annual growth rate of volume to the UK amounted to +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+X% per year) and Poland (+X% per year).

In value terms, the UK ($X) emerged as the key foreign market for iron and steel railway construction materials exports from Norway, comprising X% of total exports. The second position in the ranking was occupied by Sweden ($X), with a X% share of total exports. It was followed by Germany, with a X% share.

From 2007 to 2020, the average annual rate of growth in terms of value to the UK stood at +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+X% per year) and Germany (+X% per year).

Export Prices by Country

In 2020, the average export price for railway or tramway track construction material of iron or steel amounted to $X per tonne, falling by -X% against the previous year. In general, the export price saw a mild setback. The growth pace was the most rapid in 2012 when the average export price increased by X% year-to-year. The export price peaked at $X per tonne in 2013; however, from 2014 to 2020, export prices failed to regain the momentum.

There were significant differences in the average prices for the major overseas markets. In 2020, the country with the highest price was Germany ($X per tonne), while the average price for exports to the UK ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to Sweden, while the prices for the other major destinations experienced mixed trend patterns.

Imports of Railway Or Tramway Track Construction Material Of Iron Or Steel

Imports into Norway

In 2020, supplies from abroad of railway or tramway track construction material of iron or steel increased by X% to X tonnes, rising for the second year in a row after three years of decline. Over the period under review, imports recorded a notable expansion. The pace of growth was the most pronounced in 2014 with an increase of X% y-o-y. Over the period under review, imports reached the maximum at X tonnes in 2015; however, from 2016 to 2020, imports failed to regain the momentum.

In value terms, imports of railway or tramway track construction material of iron or steel rose to $X in 2020. In general, imports saw a noticeable expansion. The growth pace was the most rapid in 2014 with an increase of X% year-to-year. Over the period under review, imports reached the peak figure at $X in 2016; however, from 2017 to 2020, imports remained at a lower figure.

Imports by Country

In 2020, Austria (X tonnes) constituted the largest iron and steel railway construction materials supplier to Norway, accounting for a X% share of total imports. Moreover, imports of railway or tramway track construction material of iron or steel from Austria exceeded the figures recorded by the second-largest supplier, Sweden (X tonnes), fivefold. The UK (X tonnes) ranked third in terms of total imports with a X% share.

From 2007 to 2020, the average annual growth rate of volume from Austria totaled +X%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+X% per year) and the UK (+X% per year).

In value terms, the largest iron and steel railway construction materials suppliers to Norway were Austria ($X), Sweden ($X) and the UK ($X), with a combined X% share of total imports.

In terms of the main suppliers, the UK 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 import price for railway or tramway track construction material of iron or steel stood at $X per tonne in 2020, almost unchanged from the previous year. In general, the import price continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2008 when the average import price increased by X% y-o-y. As a result, import price reached the peak level of $X per tonne. From 2009 to 2020, the growth in terms of the average import prices remained at a somewhat lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was Sweden ($X per tonne), while the price for Austria ($X per tonne) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by Germany, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for railway or tramway track construction material of iron or steel in the world?
+
China (6M tonnes) constituted the country with the largest volume of consumption of railway or tramway track construction material of iron or steel, comprising approx. 33% of total volume. Moreover, consumption of railway or tramway track construction material of iron or steel in China exceeded the figures recorded by the second-largest consumer, Russia (1.3M tonnes), fivefold. The U.S. (1.2M tonnes) ranked third in terms of total consumption with a 6.8% share.
What are the largest producers of railway or tramway track construction material of iron or steel in the world?
+
The country with the largest volume of production of railway or tramway track construction material of iron or steel was China (6.3M tonnes), comprising approx. 34% of total volume. Moreover, production of railway or tramway track construction material of iron or steel in China exceeded the figures recorded by the second-largest producer, Russia (1.5M tonnes), fourfold. The U.S. (1.3M tonnes) ranked third in terms of total production with a 6.7% share.
What are the leading suppliers of railway or tramway track construction material of iron or steel to Norway?
+
In value terms, the largest iron and steel railway construction materials suppliers to Norway were Austria ($15M), Sweden ($12M) and the UK ($4.2M), together accounting for 92% of total imports.
What are the leading importers of railway or tramway track construction material of iron or steel from Norway?
+
In value terms, the UK ($1M) emerged as the key foreign market for iron and steel railway construction materials exports from Norway, comprising 70% of total exports. The second position in the ranking was occupied by Sweden ($269K), with a 19% share of total exports. It was followed by Germany, with a 6.4% share.
What is the average export price for railway or tramway track construction material of iron or steel in Norway?
+
In 2020, the average export price for railway or tramway track construction material of iron or steel amounted to $2,591 per tonne, dropping by -1.8% against the previous year.
What is the average import price for railway or tramway track construction material of iron or steel in Norway?
+
In 2020, the average import price for railway or tramway track construction material of iron or steel amounted to $1,698 per tonne, stabilizing at the previous year.

Product coverage:
• Prodcom 24107500 - Railway material (of steel)

This report provides an in-depth analysis of the market for iron and steel railway construction materials in Norway. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Norway

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Trade (exports and imports) in Norway
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
MARKET STRUCTURE
3.3
TRADE BALANCE
3.4
PER CAPITA CONSUMPTION
3.5
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
8. IMPORTS

The Largest Import Supplying Countries

8.1
IMPORTS FROM 2007–2020
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Destinations for Exports

9.1
EXPORTS FROM 2007–2020
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

LIST OF TABLES
Table 1:
Key Findings In 2020
Table 2:
Market Volume, In Physical Terms, 2007–2020
Table 3:
Market Value, 2007–2020
Table 4:
Per Capita Consumption In 2007–2020
Table 5:
Imports, In Physical Terms, By Country, 2007–2020
Table 6:
Imports, In Value Terms, By Country, 2007–2020
Table 7:
Import Prices, By Country Of Origin, 2007–2020
Table 8:
Exports, In Physical Terms, By Country, 2007–2020
Table 9:
Exports, In Value Terms, By Country, 2007–2020
Table 10:
Export Prices, By Country Of Destination, 2007–2020
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2020
Figure 2:
Market Value, 2007–2020
Figure 3:
Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2007–2020
Figure 4:
Market Structure – Domestic Supply vs. Imports, In Value Terms, 2007–2020
Figure 5:
Trade Balance, In Physical Terms, 2007–2020
Figure 6:
Trade Balance, In Value Terms, 2007–2020
Figure 7:
Per Capita Consumption, 2007–2020
Figure 8:
Market Forecast To 2025
Figure 9:
Products: Market Size And Growth, By Type
Figure 10:
Products: Average Per Capita Consumption, By Type
Figure 11:
Products: Exports And Growth, By Type
Figure 12:
Products: Export Prices And Growth, By Type
Figure 13:
Production Volume And Growth
Figure 14:
Exports And Growth
Figure 15:
Export Prices And Growth
Figure 16:
Market Size And Growth
Figure 17:
Per Capita Consumption
Figure 18:
Imports And Growth
Figure 19:
Import Prices
Figure 20:
Production, In Physical Terms, 2007–2020
Figure 21:
Production, In Value Terms, 2007–2020
Figure 22:
Imports, In Physical Terms, 2007–2020
Figure 23:
Imports, In Value Terms, 2007–2020
Figure 24:
Imports, In Physical Terms, By Country, 2020
Figure 25:
Imports, In Physical Terms, By Country, 2007–2020
Figure 26:
Imports, In Value Terms, By Country, 2007–2020
Figure 27:
Import Prices, By Country Of Origin, 2007–2020
Figure 28:
Exports, In Physical Terms, 2007–2020
Figure 29:
Exports, In Value Terms, 2007–2020
Figure 30:
Exports, In Physical Terms, By Country, 2020
Figure 31:
Exports, In Physical Terms, By Country, 2007–2020
Figure 32:
Exports, In Value Terms, By Country, 2007–2020
Figure 33:
Export Prices, By Country Of Destination, 2007–2020

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