Norway - Articles of Bitumen in Rolls - Market Analysis, Forecast, Size, Trends and Insights
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Rolled Bitumen Articles Market Size in Norway
In 2021, the Norwegian rolled bitumen articles market increased by 19% to $X for the first time since 2018, thus ending a two-year declining trend. In general, consumption, however, continues to indicate a relatively flat trend pattern. Rolled bitumen articles consumption peaked at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.
Rolled Bitumen Articles Production in Norway
In value terms, rolled bitumen articles production rose rapidly to $X in 2021 estimated in export price. Overall, production showed tangible growth. The pace of growth was the most pronounced in 2015 when the production volume increased by 266% against the previous year. Over the period under review, production attained the peak level at $X in 2018; however, from 2019 to 2021, production remained at a lower figure.
Rolled Bitumen Articles Exports
Exports by Country
Sweden (X square meters) was the main destination for rolled bitumen articles exports from Norway, with a 86% share of total exports. Moreover, rolled bitumen articles exports to Sweden exceeded the volume sent to the second major destination, Iceland (X square meters), eightfold. Germany (X square meters) ranked third in terms of total exports with a 2% share.
From 2012 to 2021, the average annual growth rate of volume to Sweden stood at +7.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iceland (+10.9% per year) and Germany (+1.7% per year).
In value terms, Sweden ($X) remains the key foreign market for articles of bitumen in rolls exports from Norway, comprising 82% of total exports. The second position in the ranking was taken by Iceland ($X), with an 11% share of total exports. It was followed by Germany, with a 3.4% share.
From 2012 to 2021, the average annual rate of growth in terms of value to Sweden totaled +4.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iceland (+11.7% per year) and Germany (+3.5% per year).
Rolled Bitumen Articles Imports
Imports into Norway
In 2021, supplies from abroad of articles of bitumen in rolls increased by 6.1% to X square meters, rising for the third year in a row after two years of decline. The total import volume increased at an average annual rate of +2.2% from 2012 to 2021; the trend pattern remained consistent, with somewhat noticeable fluctuations throughout the analyzed period. The pace of growth appeared the most rapid in 2016 when imports increased by 10% against the previous year. Over the period under review, imports reached the peak figure in 2021 and are likely to continue growth in years to come.
In value terms, rolled bitumen articles imports surged to $X in 2021. Overall, imports, however, showed a slight curtailment. Imports peaked at $X in 2014; however, from 2015 to 2021, imports failed to regain momentum.
Imports by Country
In 2021, Sweden (X square meters) constituted the largest rolled bitumen articles supplier to Norway, with a 53% share of total imports. Moreover, rolled bitumen articles imports from Sweden exceeded the figures recorded by the second-largest supplier, Belgium (X square meters), threefold. The third position in this ranking was held by Poland (X square meters), with a 5.8% share.
From 2012 to 2021, the average annual rate of growth in terms of volume from Sweden stood at +4.7%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+5.0% per year) and Poland (+43.2% per year).
In value terms, Sweden ($X) constituted the largest supplier of articles of bitumen in rolls to Norway, comprising 51% of total imports. The second position in the ranking was taken by Belgium ($X), with a 22% share of total imports. It was followed by Italy, with a 5% share.
From 2012 to 2021, the average annual growth rate of value from Sweden stood at +1.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Belgium (+1.3% per year) and Italy (-9.1% per year).
Import Prices by Country
The average rolled bitumen articles import price stood at $X per square meter in 2021, increasing by 12% against the previous year. In general, the import price, however, continues to indicate a noticeable decline. Over the period under review, average import prices attained the maximum at $X per square meter in 2012; however, from 2013 to 2021, import prices failed to regain momentum.
Average prices varied somewhat amongst the major supplying countries. In 2021, amid the top importers, the countries with the highest prices were Belgium ($X per square meter) and Germany ($X per square meter), while the price for Russia ($X per square meter) and Poland ($X per square meter) were amongst the lowest.
From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Russia (+0.8%), while the prices for the other major suppliers experienced a decline.
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Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the rolled bitumen articles market 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 2030.
Product coverage:
- Prodcom 23991255 - Articles of asphalt or of similar materials, e.g. petroleum bitumen or coal tar pitch, in rolls
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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5. MOST PROMISING SUPPLYING COUNTRIES
Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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