Norway: Market for Cellular Plates, Sheets and Films of Polyymers of Styrene 2024

Market Size for Cellular Plates, Sheets and Films of Polyymers of Styrene in Norway

The Norwegian market for cellular plates, sheets and films of polyymers of styrene contracted to $X in 2022, waning by -6.3% against the previous year. Over the period under review, consumption, however, continues to indicate a notable expansion. Consumption of peaked at $X in 2019; however, from 2020 to 2022, consumption failed to regain momentum.

Production of Cellular Plates, Sheets and Films of Polyymers of Styrene in Norway

In value terms, production of cellular plates, sheets and films of polyymers of styrene declined to $X in 2022 estimated in export price. In general, production, however, continues to indicate a prominent increase. The pace of growth appeared the most rapid in 2018 with an increase of 79%. Over the period under review, production of hit record highs at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Exports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Exports from Norway

In 2022, shipments abroad of cellular plates, sheets and films of polyymers of styrene decreased by -15.6% to X tons for the first time since 2019, thus ending a two-year rising trend. The total export volume increased at an average annual rate of +1.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2016 when exports increased by 18% against the previous year. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of cellular plates, sheets and films of polyymers of styrene shrank to $X in 2022. Over the period under review, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when exports increased by 52%. As a result, the exports attained the peak of $X, and then contracted in the following year.

Exports by Country

Sweden (X tons) was the main destination for exports of cellular plates, sheets and films of polyymers of styrene from Norway, accounting for a 68% share of total exports. Moreover, exports of cellular plates, sheets and films of polyymers of styrene to Sweden exceeded the volume sent to the second major destination, Denmark (X tons), fourfold. The third position in this ranking was taken by the UK (X tons), with an 8.6% share.

From 2012 to 2022, the average annual growth rate of volume to Sweden was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-1.4% per year) and the UK (+60.8% per year).

In value terms, Sweden ($X) remains the key foreign market for cellular plates, sheets and films of polyymers of styrene exports from Norway, comprising 69% of total exports. The second position in the ranking was held by Denmark ($X), with a 14% share of total exports. It was followed by the UK, with a 9.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Sweden was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-3.5% per year) and the UK (+57.0% per year).

Export Prices by Country

The average export price for cellular plates, sheets and films of polyymers of styrene stood at $X per ton in 2022, surging by 9.9% against the previous year. Overall, the export price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 an increase of 44%. Over the period under review, the average export prices hit record highs at $X per ton in 2014; however, from 2015 to 2022, the export prices remained at a lower figure.

Average prices varied somewhat for the major overseas markets. In 2022, amid the top suppliers, the countries with the highest prices were the UK ($X per ton) and Sweden ($X per ton), while the average price for exports to Finland ($X per ton) and Denmark ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (-0.5%), while the prices for the other major destinations experienced a decline.

Imports of Cellular Plates, Sheets and Films of Polyymers of Styrene

Imports into Norway

In 2022, approx. X tons of cellular plates, sheets and films of polyymers of styrene were imported into Norway; which is down by -12.2% against 2021 figures. Overall, imports saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of 34% against the previous year. Imports peaked at X tons in 2018; however, from 2019 to 2022, imports remained at a lower figure.

In value terms, imports of cellular plates, sheets and films of polyymers of styrene declined to $X in 2022. In general, imports continue to indicate a pronounced reduction. The pace of growth was the most pronounced in 2021 with an increase of 45%. Imports peaked at $X in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

Imports by Country

Sweden (X tons), Germany (X tons) and China (X tons) were the main suppliers of imports of cellular plates, sheets and films of polyymers of styrene to Norway, with a combined 91% share of total imports. Poland, Finland and Denmark lagged somewhat behind, together accounting for a further 7%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Denmark (with a CAGR of +18.0%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest polystyrene cellular plates, sheets and films suppliers to Norway were Sweden ($X), Germany ($X) and China ($X), with a combined 85% share of total imports. Poland, Finland and Denmark lagged somewhat behind, together comprising a further 11%.

Poland, with a CAGR of +5.8%, recorded 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

The average import price for cellular plates, sheets and films of polyymers of styrene stood at $X per ton in 2022, picking up by 5.3% against the previous year. Overall, the import price, however, continues to indicate a slight curtailment. The growth pace was the most rapid in 2021 when the average import price increased by 18%. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Finland ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Finland (+5.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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