Norway: Market for Woven Pile Fabrics And Chenille Fabrics 2022

Market Size for Woven Pile Fabrics And Chenille Fabrics in Norway

The Norwegian pile and chenille fabric market surged to $X in 2021, with an increase of X% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, consumption, however, recorded a perceptible downturn. Pile and chenille fabric consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Exports of Woven Pile Fabrics And Chenille Fabrics

Exports from Norway

In 2021, after two years of decline, there was significant growth in shipments abroad of woven pile fabrics and chenille fabrics, when their volume increased by X% to X tons. Overall, exports recorded a strong increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, pile and chenille fabric exports skyrocketed to $X in 2021. Over the period under review, exports recorded a prominent expansion. Over the period under review, the exports reached the maximum at $X in 2013; however, from 2014 to 2021, the exports remained at a lower figure.

Exports by Country

Lithuania (X tons) was the main destination for pile and chenille fabric exports from Norway, with a X% share of total exports. Moreover, pile and chenille fabric exports to Lithuania exceeded the volume sent to the second major destination, Poland (X kg), more than tenfold.

From 2012 to 2021, the average annual growth rate of volume to Lithuania totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+X% per year) and Sweden (+X% per year).

In value terms, Lithuania ($X) remains the key foreign market for pile and chenille fabric exports from Norway, comprising X% of total exports. The second position in the ranking was taken by Poland ($X), with a X% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Lithuania totaled +X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (+X% per year) and Sweden (+X% per year).

Export Prices by Country

In 2021, the average pile and chenille fabric export price amounted to $X per ton, falling by -X% against the previous year. Over the period under review, the export price, however, saw a perceptible increase. The most prominent rate of growth was recorded in 2013 an increase of X% against the previous year. The export price peaked at $X per ton in 2019; however, from 2020 to 2021, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2021, the country with the highest price was Poland ($X per ton), while the average price for exports to Lithuania ($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 Poland (+X%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Woven Pile Fabrics And Chenille Fabrics

Imports into Norway

In 2021, supplies from abroad of woven pile fabrics and chenille fabrics increased by X% to X tons, rising for the third consecutive year after six years of decline. Over the period under review, imports, however, recorded a perceptible reduction. Imports peaked at X tons in 2012; however, from 2013 to 2021, imports remained at a lower figure.

In value terms, pile and chenille fabric imports surged to $X in 2021. In general, imports, however, saw a noticeable downturn. Imports peaked at $X in 2012; however, from 2013 to 2021, imports remained at a lower figure.

Imports by Country

Belgium (X tons), China (X tons) and Turkey (X tons) were the main suppliers of pile and chenille fabric imports to Norway, with a combined X% share of total imports. Spain, Italy, Germany, Portugal, the Netherlands and the UK lagged somewhat behind, together comprising a further X 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Portugal (with a CAGR of +X%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Italy ($X), Belgium ($X) and China ($X) appeared to be the largest pile and chenille fabric suppliers to Norway, with a combined X% share of total imports.

China, with a CAGR of +X%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the average pile and chenille fabric import price amounted to $X per ton, rising by X% against the previous year. Over the last nine years, it increased at an average annual rate of +X%. As a result, import price reached 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 2021, the country with the highest price was Italy ($X per ton), while the price for the Netherlands ($X per ton) was amongst the lowest.

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

Source: IndexBox Market Intelligence Platform

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