Norway: Market for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced 2024

Market Size for Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in Norway

In 2021, the Norwegian market for boards, sheets, panels, tiles and similar articles of plaster not faced decreased by -30.4% to $X, falling for the second year in a row after four years of growth. Over the period under review, consumption saw a abrupt shrinkage. Over the period under review, the market attained the maximum level at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Production of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced in Norway

In value terms, production of boards, sheets, panels, tiles and similar articles of plaster not faced skyrocketed to $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2019 when the production volume increased by 39% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2021, production of growth remained at a lower figure.

Exports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Exports from Norway

In 2021, approx. X square meters of boards, sheets, panels, tiles and similar articles of plaster not faced were exported from Norway; with an increase of 85% compared with the previous year's figure. Overall, exports recorded significant growth. As a result, the exports attained the peak and are likely to continue growth in the immediate term.

In value terms, exports of boards, sheets, panels, tiles and similar articles of plaster not faced skyrocketed to $X in 2021. Over the period under review, exports enjoyed resilient growth. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

Sweden (X square meters) was the main destination for exports of boards, sheets, panels, tiles and similar articles of plaster not faced from Norway, accounting for a 46% share of total exports. Moreover, exports of boards, sheets, panels, tiles and similar articles of plaster not faced to Sweden exceeded the volume sent to the second major destination, Denmark (X square meters), more than tenfold.

From 2012 to 2021, the average annual rate of growth in terms of volume to Sweden stood at +15.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+117.3% per year) and Estonia (-21.6% per year).

In value terms, Sweden ($X) remains the key foreign market for boards, sheets, panels, tiles and similar articles of plaster not faced exports from Norway, comprising 47% of total exports. The second position in the ranking was held by Denmark ($X), with a 1.2% share of total exports.

From 2012 to 2021, the average annual growth rate of value to Sweden totaled +10.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+127.1% per year) and Estonia (-16.3% per year).

Export Prices by Country

In 2021, the average export price for boards, sheets, panels, tiles and similar articles of plaster not faced amounted to $X per square meter, picking up by 9.5% against the previous year. Overall, the export price, however, showed a noticeable decline. The growth pace was the most rapid in 2017 an increase of 15% against the previous year. Over the period under review, the average export prices reached the maximum at $X per square meter in 2012; however, from 2013 to 2021, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Sweden ($X per square meter), while the average price for exports to Denmark ($X per square meter) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Estonia (+6.9%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of Boards, Sheets, Panels, Tiles And Similar Articles Of Plaster Not Faced

Imports into Norway

In 2021, imports of boards, sheets, panels, tiles and similar articles of plaster not faced into Norway declined to X square meters, with a decrease of -12.4% on 2020 figures. In general, total imports indicated a mild increase from 2012 to 2021: its volume increased at an average annual rate of +1.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, imports increased by +6.3% against 2019 indices. The pace of growth appeared the most rapid in 2017 when imports increased by 41% against the previous year. As a result, imports reached the peak of X square meters. From 2018 to 2021, the growth of imports of remained at a lower figure.

In value terms, imports of boards, sheets, panels, tiles and similar articles of plaster not faced declined to $X in 2021. Overall, imports showed a pronounced contraction. The growth pace was the most rapid in 2017 with an increase of 35%. Imports peaked at $X in 2018; however, from 2019 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Germany (X square meters) constituted the largest board, sheet, panel, tile and similar article of plaster not faced supplier to Norway, accounting for a 61% share of total imports. Moreover, imports of boards, sheets, panels, tiles and similar articles of plaster not faced from Germany exceeded the figures recorded by the second-largest supplier, Denmark (X square meters), twofold. The third position in this ranking was held by Sweden (X square meters), with a 7.1% share.

From 2012 to 2021, the average annual growth rate of volume from Germany stood at +8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+3.3% per year) and Sweden (-14.3% per year).

In value terms, the largest board, sheet, panel, tile and similar article of plaster not faced suppliers to Norway were Germany ($X), Denmark ($X) and Sweden ($X), with a combined 91% share of total imports. Lithuania and Poland lagged somewhat behind, together comprising a further 4.8%.

Lithuania, with a CAGR of +23.4%, saw the highest rates of growth with regard to the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

In 2021, the average import price for boards, sheets, panels, tiles and similar articles of plaster not faced amounted to $X per square meter, with an increase of 1.8% against the previous year. Over the period under review, the import price, however, recorded a perceptible decrease. The pace of growth was the most pronounced in 2018 when the average import price increased by 18%. The import price peaked 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 highest price was recorded for prices from Poland ($X per square meter) and Denmark ($X per square meter), while the price for Lithuania ($X per square meter) and Germany ($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 Poland (+7.2%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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