Norway: Wooden Window Market 2022

Wooden Window Market Size in Norway

The Norwegian wooden window market amounted to $X in 2021, therefore, remained relatively stable against the previous year. In general, consumption, however, saw a mild descent. The most prominent rate of growth was recorded in 2018 with an increase of 7.4%. Over the period under review, the market reached the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Wooden Window Production in Norway

In value terms, wooden window production amounted to $X in 2021 estimated in export price. Overall, production, however, showed a perceptible decline. The most prominent rate of growth was recorded in 2018 with an increase of 14%. Wooden window production peaked at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Wooden Window Exports

Exports from Norway

In 2021, shipments abroad of windows, french windows and their frames of wood decreased by -19.7% to X tons, falling for the second year in a row after two years of growth. Overall, total exports indicated a mild expansion from 2012 to 2021: its volume increased at an average annual rate of +1.6% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports decreased by -33.9% against 2019 indices. The growth pace was the most rapid in 2016 with an increase of 33% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

In value terms, wooden window exports fell remarkably to $X in 2021. Over the period under review, exports saw a perceptible shrinkage. The most prominent rate of growth was recorded in 2018 when exports increased by 32% against the previous year. As a result, the exports attained the peak of $X. From 2019 to 2021, the growth of the exports remained at a lower figure.

Exports by Country

Sweden (X tons), the UK (X tons) and Poland (X tons) were the main destinations of wooden window exports from Norway, together comprising 79% of total exports. Germany, Lithuania, Latvia, Estonia and Denmark lagged somewhat behind, together accounting for a further 18%.

From 2012 to 2021, the biggest increases were in Lithuania (with a CAGR of +55.8%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X), Sweden ($X) and Poland ($X) appeared to be the largest markets for wooden window exported from Norway worldwide, together comprising 84% of total exports. Germany, Lithuania, Estonia, Latvia and Denmark lagged somewhat behind, together comprising a further 14%.

In terms of the main countries of destination, Lithuania, with a CAGR of +56.4%, recorded the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average wooden window export price amounted to $X per ton, surging by 4.8% against the previous year. Overall, the export price, however, continues to indicate a pronounced contraction. The pace of growth appeared the most rapid in 2014 an increase of 8.9% against the previous year. Over the period under review, the average export prices reached the maximum at $X per ton in 2012; however, from 2013 to 2021, the export prices failed to regain momentum.

Prices varied noticeably country of destination: the country with the highest price was the UK ($X per ton), while the average price for exports to Latvia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+0.4%), while the prices for the other major destinations experienced a decline.

Wooden Window Imports

Imports into Norway

In 2021, purchases abroad of windows, french windows and their frames of wood increased by 2.4% to X tons, rising for the third consecutive year after two years of decline. The total import volume increased at an average annual rate of +3.5% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2014 when imports increased by 22%. Over the period under review, imports hit record highs at X tons in 2016; however, from 2017 to 2021, imports failed to regain momentum.

In value terms, wooden window imports soared to $X in 2021. The total import value increased at an average annual rate of +3.5% over the period from 2012 to 2021; however, the trend pattern remained consistent, with only minor fluctuations being observed in certain years. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

In 2021, Poland (X tons) constituted the largest wooden window supplier to Norway, accounting for a 53% share of total imports. Moreover, wooden window imports from Poland exceeded the figures recorded by the second-largest supplier, Lithuania (X tons), fourfold. The third position in this ranking was taken by Sweden (X tons), with a 12% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Poland totaled +6.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Lithuania (+4.3% per year) and Sweden (-2.9% per year).

In value terms, Poland ($X) constituted the largest supplier of wooden window to Norway, comprising 46% of total imports. The second position in the ranking was taken by Sweden ($X), with a 15% share of total imports. It was followed by Denmark, with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Poland stood at +7.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (-1.4% per year) and Denmark (+0.2% per year).

Import Prices by Country

In 2021, the average wooden window import price amounted to $X per ton, increasing by 22% against the previous year. Overall, the import price recorded a relatively flat trend pattern. The import price peaked at $X per ton in 2013; however, from 2014 to 2021, import prices failed to regain momentum.

Average prices varied somewhat amongst the major supplying countries. In 2021, the highest price was recorded for prices from Sweden ($X per ton) and Denmark ($X per ton), while the price for Belarus ($X per ton) and Poland ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Belarus (+4.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :