Norway: Bumper Market 2025

Bumper Market Size in Norway

In 2022, the Norwegian bumper market decreased by -7% to $X, falling for the second consecutive year after four years of growth. In general, the total consumption indicated a temperate increase from 2012 to 2022: its value increased at an average annual rate of +2.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -9.9% against 2020 indices. Bumper consumption peaked at $X in 2020; however, from 2021 to 2022, consumption remained at a lower figure.

Bumper Production in Norway

In value terms, bumper production stood at $X in 2022 estimated in export price. In general, production, however, continues to indicate a relatively flat trend pattern. The most prominent rate of growth was recorded in 2017 with an increase of 6.8%. Over the period under review, production attained the maximum level at $X in 2013; however, from 2014 to 2022, production stood at a somewhat lower figure.

Bumper Exports

Exports from Norway

In 2022, shipments abroad of bumpers increased by 6.5% to X tons, rising for the second year in a row after two years of decline. In general, exports, however, saw a slight decrease. The most prominent rate of growth was recorded in 2014 with an increase of 11% against the previous year. The exports peaked at X tons in 2016; however, from 2017 to 2022, the exports remained at a lower figure.

In value terms, bumper exports rose modestly to $X in 2022. Overall, exports, however, continue to indicate a slight slump. The pace of growth appeared the most rapid in 2021 with an increase of 15%. The exports peaked at $X in 2014; however, from 2015 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sweden (X tons), the Czech Republic (X tons) and China (X tons) were the main destinations of bumper exports from Norway, with a combined 69% share of total exports. Germany, Belgium, Turkey, the Netherlands and Spain lagged somewhat behind, together accounting for a further 28%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Turkey (with a CAGR of +178.0%), while the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) remains the key foreign market for bumpers exports from Norway, comprising 37% of total exports. The second position in the ranking was held by the Czech Republic ($X), with a 17% share of total exports. It was followed by China, with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Sweden stood at +4.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Czech Republic (+3.5% per year) and China (-1.2% per year).

Export Prices by Country

The average bumper export price stood at $X per ton in 2022, declining by -1.6% against the previous year. Over the period under review, the export price saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the average export price increased by 11%. Over the period under review, the average export prices reached the maximum at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to China (+3.0%), while the prices for the other major destinations experienced more modest paces of growth.

Bumper Imports

Imports into Norway

In 2022, the amount of bumpers imported into Norway declined modestly to X tons, leveling off at 2021. Over the period under review, imports saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015 when imports increased by 45% against the previous year. As a result, imports attained the peak of X tons. From 2016 to 2022, the growth of imports remained at a somewhat lower figure.

In value terms, bumper imports amounted to $X in 2022. The total import value increased at an average annual rate of +1.6% from 2012 to 2022; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 when imports increased by 22% against the previous year. Imports peaked at $X in 2017; however, from 2018 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Sweden (X tons) constituted the largest bumper supplier to Norway, with a 25% share of total imports. Moreover, bumper imports from Sweden exceeded the figures recorded by the second-largest supplier, Germany (X tons), twofold. The Czech Republic (X tons) ranked third in terms of total imports with a 9.8% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Sweden totaled +4.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (-2.3% per year) and the Czech Republic (+14.1% per year).

In value terms, the largest bumper suppliers to Norway were Germany ($X), Sweden ($X) and Japan ($X), together accounting for 46% of total imports. China, Belgium, Poland, the Czech Republic, the United States, Spain, the UK, France, the Netherlands and Mexico lagged somewhat behind, together comprising a further 43%.

Mexico, with a CAGR of +27.9%, saw the highest rates of growth with regard to the value of imports, among 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 2022, the average bumper import price amounted to $X per ton, picking up by 1.9% against the previous year. Overall, import price indicated a modest increase from 2012 to 2022: its price increased at an average annual rate of +1.8% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, bumper import price increased by +93.1% against 2015 indices. The most prominent rate of growth was recorded in 2017 an increase of 32% against the previous year. The import price peaked in 2022 and is likely to see gradual growth in years to come.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was the UK ($X per ton), while the price for the Czech Republic ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+11.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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