Norway: Plaster Article Market 2024

Plaster Article Market Size in Norway

In 2021, the Norwegian plaster article market decreased by -15.3% to $X, falling for the second year in a row after three years of growth. Over the period under review, consumption recorded a pronounced decrease. Over the period under review, the market attained the peak level at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Plaster Article Production in Norway

In value terms, plaster article production declined modestly to $X in 2021 estimated in export price. In general, production showed a perceptible decrease. The growth pace was the most rapid in 2019 with an increase of 56%. Over the period under review, production attained the peak level at $X in 2012; however, from 2013 to 2021, production stood at a somewhat lower figure.

Plaster Article Exports

Exports from Norway

In 2021, shipments abroad of articles of plaster or of compositions based on plaster increased by 1.1% to X tons, rising for the second consecutive year after two years of decline. The total export volume increased at an average annual rate of +3.2% 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 2017 with an increase of 29% against the previous year. As a result, the exports reached the peak of X tons. From 2018 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, plaster article exports expanded remarkably to $X in 2021. Over the period under review, exports, however, showed a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 23%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

Exports by Country

Sweden (X tons) was the main destination for plaster article exports from Norway, with a 97% share of total exports. It was followed by Iceland (X tons), with a 1.8% share of total exports.

From 2012 to 2021, the average annual growth rate of volume to Sweden amounted to +3.1%.

In value terms, Sweden ($X) remains the key foreign market for plaster article exports from Norway, comprising 98% of total exports. The second position in the ranking was taken by Iceland ($X), with a 1.2% share of total exports.

From 2012 to 2021, the average annual rate of growth in terms of value to Sweden was relatively modest.

Export Prices by Country

In 2021, the average plaster article export price amounted to $X per ton, surging by 9.8% against the previous year. Overall, the export price, however, recorded a noticeable decline. Over the period under review, the average export prices attained the maximum at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2021, the country with the highest price was Sweden ($X per ton), while the average price for exports to Iceland stood at $X per ton.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (-3.5%).

Plaster Article Imports

Imports into Norway

In 2021, the amount of articles of plaster or of compositions based on plaster imported into Norway contracted notably to X tons, with a decrease of -26.7% compared with 2020. Over the period under review, imports showed a perceptible decrease. The growth pace was the most rapid in 2017 when imports increased by 30%. Over the period under review, imports attained the peak figure at X tons in 2018; however, from 2019 to 2021, imports stood at a somewhat lower figure.

In value terms, plaster article imports reduced markedly to $X in 2021. Overall, imports saw a perceptible decline. The pace of growth appeared the most rapid in 2017 with an increase of 33%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports failed to regain momentum.

Imports by Country

In 2021, the Netherlands (X tons) constituted the largest plaster article supplier to Norway, accounting for a 51% share of total imports. Moreover, plaster article imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Germany (X tons), fourfold. Denmark (X tons) ranked third in terms of total imports with a 12% share.

From 2012 to 2021, the average annual growth rate of volume from the Netherlands was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+5.4% per year) and Denmark (-11.7% per year).

In value terms, the Netherlands ($X) constituted the largest supplier of plaster article to Norway, comprising 42% of total imports. The second position in the ranking was held by Germany ($X), with a 17% share of total imports. It was followed by Denmark, with a 14% share.

From 2012 to 2021, the average annual growth rate of value from the Netherlands was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (+2.5% per year) and Denmark (-12.6% per year).

Import Prices by Country

The average plaster article import price stood at $X per ton in 2021, with an increase of 14% against the previous year. Overall, the import price, however, recorded a slight downturn. Over the period under review, average import prices hit record highs at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

Average prices varied somewhat amongst the major supplying countries. In 2021, the countries with the highest prices were Denmark ($X per ton) and Germany ($X per ton), while the price for Poland ($X per ton) and the Netherlands ($X per ton) were amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+0.7%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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