Norway: Market for Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement 2024

Market Size for Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement in Norway

In 2021, the Norwegian market for articles of asbestos-cement, of cellulose fibre-cement was finally on the rise to reach $X for the first time since 2012, thus ending a eight-year declining trend. Over the period under review, consumption, however, recorded a deep contraction. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement in Norway

In value terms, production of articles of asbestos-cement, of cellulose fibre-cement expanded markedly to $X in 2021 estimated in export price. In general, production, however, continues to indicate a deep downturn. Over the period under review, production of attained the peak level at $X in 2012; however, from 2013 to 2021, production failed to regain momentum.

Exports of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement

Exports from Norway

In 2021, exports of articles of asbestos-cement, of cellulose fibre-cement from Norway contracted modestly to X tons, approximately equating the previous year. Over the period under review, exports, however, showed a mild increase. The pace of growth appeared the most rapid in 2013 with an increase of 1,547% against the previous year. The exports peaked at X tons in 2015; however, from 2016 to 2021, the exports remained at a lower figure.

In value terms, exports of articles of asbestos-cement, of cellulose fibre-cement fell to $X in 2021. In general, exports recorded a perceptible contraction. The pace of growth was the most pronounced in 2013 with an increase of 408% against the previous year. Over the period under review, the exports of reached the maximum at $X in 2014; however, from 2015 to 2021, the exports failed to regain momentum.

Exports by Country

Malaysia (X tons) was the main destination for exports of articles of asbestos-cement, of cellulose fibre-cement from Norway, accounting for a approx. 100% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Malaysia amounted to +1.8%.

In value terms, Malaysia ($X) also remains the key foreign market for articles of asbestos-cement, of cellulose fibre-cement exports from Norway.

From 2012 to 2021, the average annual growth rate of value to Malaysia totaled -4.2%.

Export Prices by Country

The average export price for articles of asbestos-cement, of cellulose fibre-cement stood at $X per ton in 2021, falling by -10.3% against the previous year. Overall, the export price saw a abrupt downturn. The pace of growth was the most pronounced in 2014 an increase of 260%. As a result, the export price attained the peak level of $X per ton. From 2015 to 2021, the average export prices failed to regain momentum.

As there is only one major export destination, the average price level is determined by prices for Malaysia.

From 2012 to 2021, the rate of growth in terms of prices for Malaysia amounted to -5.9% per year.

Imports of Articles Of Asbestos-Cement, Of Cellulose Fibre-Cement

Imports into Norway

In 2021, supplies from abroad of articles of asbestos-cement, of cellulose fibre-cement was finally on the rise to reach X tons for the first time since 2017, thus ending a three-year declining trend. Over the period under review, imports, however, recorded a abrupt setback. The most prominent rate of growth was recorded in 2013 with an increase of 984%. As a result, imports reached the peak of X tons. From 2014 to 2021, the growth of imports of failed to regain momentum.

In value terms, imports of articles of asbestos-cement, of cellulose fibre-cement shrank dramatically to $X in 2021. In general, imports, however, faced a abrupt decrease. The growth pace was the most rapid in 2013 when imports increased by 577%. As a result, imports reached the peak of $X. From 2014 to 2021, the growth of imports of failed to regain momentum.

Imports by Country

In 2021, Sweden (X kg) constituted the largest supplier of articles of asbestos-cement, of cellulose fibre-cement to Norway, accounting for a 4% share of total imports. Moreover, imports of articles of asbestos-cement, of cellulose fibre-cement from Sweden exceeded the figures recorded by the second-largest supplier, Greece (X kg), eightfold. The third position in this ranking was taken by Denmark (X kg), with a 0.3% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Sweden totaled -33.4%. The remaining supplying countries recorded the following average annual rates of imports growth: Greece (+18.3% per year) and Denmark (-37.6% per year).

In value terms, Greece ($X) constituted the largest supplier of articles of asbestos-cement, of cellulose fibre-cement to Norway, comprising 17% of total imports. The second position in the ranking was taken by China ($X), with a 5.5% share of total imports. It was followed by Sweden, with a 1.6% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Greece totaled -51.3%. The remaining supplying countries recorded the following average annual rates of imports growth: China (-5.5% per year) and Sweden (-32.0% per year).

Import Prices by Country

In 2021, the average import price for articles of asbestos-cement, of cellulose fibre-cement amounted to $X per ton, shrinking by -80.9% against the previous year. Overall, the import price recorded a pronounced downturn. The most prominent rate of growth was recorded in 2019 when the average import price increased by 143% against the previous year. Over the period under review, average import prices reached the peak figure at $X per ton in 2020, and then dropped remarkably in the following year.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was China ($X per ton), while the price for Sweden ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by China (+24.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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