Norway: Calcareous Building Stone Market 2024

Calcareous Building Stone Market Size in Norway

In 2021, after two years of decline, there was significant growth in the Norwegian calcareous building stone market, when its value increased by 6.3% to $X. Overall, consumption, however, showed a pronounced downturn. Calcareous building stone consumption peaked at $X in 2012; however, from 2013 to 2021, consumption stood at a somewhat lower figure.

Calcareous Building Stone Production in Norway

In value terms, calcareous building stone production totaled $X in 2021 estimated in export price. Over the period under review, production, however, continues to indicate a pronounced reduction. Over the period under review, production hit record highs at $X in 2012; however, from 2013 to 2021, production remained at a lower figure.

Calcareous Building Stone Exports

Exports from Norway

In 2021, shipments abroad of calcareous building stone decreased by -39.9% to X tons, falling for the second consecutive year after three years of growth. Overall, exports, however, saw a prominent expansion. The growth pace was the most rapid in 2015 with an increase of 145% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2021, the exports stood at a somewhat lower figure.

In value terms, calcareous building stone exports declined rapidly to $X in 2021. Over the period under review, exports saw a deep reduction. The growth pace was the most rapid in 2015 when exports increased by 97%. The exports peaked at $X in 2019; however, from 2020 to 2021, the exports remained at a lower figure.

Exports by Country

Sweden (X tons), Germany (X tons) and Saudi Arabia (X kg) were the main destinations of calcareous building stone exports from Norway.

From 2012 to 2021, the biggest increases were recorded for Sweden (with a CAGR of +120.9%), while shipments for the other leaders experienced mixed trend patterns.

In value terms, Sweden ($X), Germany ($X) and Saudi Arabia ($X) constituted the largest markets for calcareous building stone exported from Norway worldwide, together comprising 99.9% of total exports.

Sweden, with a CAGR of +27.1%, recorded the highest growth rate of the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average calcareous building stone export price stood at $X per ton in 2021, declining by -12% against the previous year. In general, the export price continues to indicate a deep slump. The most prominent rate of growth was recorded in 2016 when the average export price increased by 30% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, 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 Saudi Arabia ($X per ton), while the average price for exports to Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Saudi Arabia (+12.6%), while the prices for the other major destinations experienced a decline.

Calcareous Building Stone Imports

Imports into Norway

Calcareous building stone imports into Norway soared to X tons in 2021, increasing by 72% compared with 2020. Over the period under review, imports, however, saw a slight downturn. The growth pace was the most rapid in 2014 with an increase of 319% against the previous year. Over the period under review, imports hit record highs at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, calcareous building stone imports skyrocketed to $X in 2021. Overall, imports saw strong growth. The most prominent rate of growth was recorded in 2014 with an increase of 148% against the previous year. Imports peaked in 2021 and are expected to retain growth in the near future.

Imports by Country

Spain (X tons), Portugal (X tons) and India (X tons) were the main suppliers of calcareous building stone imports to Norway, with a combined 81% share of total imports. Denmark, the UK, Germany and China lagged somewhat behind, together comprising a further 16%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of +58.4%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest calcareous building stone suppliers to Norway were Portugal ($X), Spain ($X) and the UK ($X), with a combined 82% share of total imports. These countries were followed by Denmark, India, Germany and China, which together accounted for a further 13%.

Among the main suppliers, India, with a CAGR of +55.5%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average calcareous building stone import price stood at $X per ton in 2021, jumping by 22% against the previous year. Overall, the import price posted prominent growth. The pace of growth was the most pronounced in 2015 when the average import price increased by 54% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is likely to see steady growth in the immediate term.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was China ($X per ton), while the price for India ($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 (+22.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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