Norway: Market for Chamois Leather and Combination Chamois Leather 2024

Market Size for Chamois Leather and Combination Chamois Leather in Norway

The Norwegian market for chamois leather and combination chamois leather shrank to $X in 2022, declining by -7.1% against the previous year. In general, consumption continues to indicate a slight shrinkage. Over the period under review, the market attained the peak level at $X in 2014; however, from 2015 to 2022, consumption failed to regain momentum.

Production of Chamois Leather and Combination Chamois Leather in Norway

In value terms, production of chamois leather and combination chamois leather declined to $X in 2022 estimated in export price. Overall, production showed a mild contraction. The growth pace was the most rapid in 2021 when the production volume increased by 14%. Over the period under review, production of hit record highs at $X in 2014; however, from 2015 to 2022, production failed to regain momentum.

Exports of Chamois Leather and Combination Chamois Leather

Exports from Norway

In 2022, shipments abroad of chamois leather and combination chamois leather was finally on the rise to reach X square meters for the first time since 2018, thus ending a three-year declining trend. Overall, exports, however, saw a abrupt decrease. Over the period under review, the exports of hit record highs at X square meters in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

In value terms, exports of chamois leather and combination chamois leather surged to $X in 2022. Over the period under review, exports, however, showed a abrupt slump. Over the period under review, the exports of attained the peak figure at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

The UK (X square meters) was the main destination for exports of chamois leather and combination chamois leather from Norway, accounting for a 75% share of total exports. Moreover, exports of chamois leather and combination chamois leather to the UK exceeded the volume sent to the second major destination, Sweden (X square meters), threefold.

From 2013 to 2022, the average annual growth rate of volume to the UK amounted to +41.6%.

In value terms, the UK ($X) emerged as the key foreign market for chamois leather and combination chamois leather exports from Norway, comprising 85% of total exports. The second position in the ranking was held by Sweden ($X), with a 15% share of total exports.

From 2013 to 2022, the average annual rate of growth in terms of value to the UK was relatively modest.

Export Prices by Country

In 2022, the average export price for chamois leather and combination chamois leather amounted to $X per square meter, jumping by 22% against the previous year. Overall, the export price enjoyed a measured increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 41%. As a result, the export price attained the peak level of $X per square meter. From 2019 to 2022, the average export prices remained at a somewhat lower figure.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per square meter), while the average price for exports to Sweden totaled $X per square meter.

From 2013 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+3.9%).

Imports of Chamois Leather and Combination Chamois Leather

Imports into Norway

Imports of chamois leather and combination chamois leather into Norway dropped dramatically to X square meters in 2022, with a decrease of -71.2% against 2021. In general, imports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2021 with an increase of 501% against the previous year. As a result, imports attained the peak of X square meters, and then dropped notably in the following year.

In value terms, imports of chamois leather and combination chamois leather reduced markedly to $X in 2022. Overall, imports continue to indicate a deep downturn. The pace of growth appeared the most rapid in 2021 when imports increased by 238% against the previous year. As a result, imports reached the peak of $X, and then contracted dramatically in the following year.

Imports by Country

China (X square meters), the UK (X square meters) and Iceland (X square meters) were the main suppliers of imports of chamois leather and combination chamois leather to Norway, with a combined 69% share of total imports. Denmark, Poland, India, the Czech Republic, the Netherlands and Italy lagged somewhat behind, together comprising a further 30%.

From 2012 to 2022, the biggest increases were recorded for India (with a CAGR of +25.8%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the UK ($X) constituted the largest supplier of chamois leather and combination chamois leather to Norway, comprising 46% of total imports. The second position in the ranking was held by Denmark ($X), with a 13% share of total imports. It was followed by India, with a 12% share.

From 2012 to 2022, the average annual rate of growth in terms of value from the UK amounted to -10.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+5.9% per year) and India (+17.5% per year).

Import Prices by Country

The average import price for chamois leather and combination chamois leather stood at $X per square meter in 2022, increasing by 15% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2014 when the average import price increased by 80% against the previous year. As a result, import price reached the peak level of $X per square meter. From 2015 to 2022, the average import prices failed to regain momentum.

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 ($X per square meter), while the price for China ($X per square meter) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+25.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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