Norway: Common Pottery Market 2024

Common Pottery Market Size in Norway

In 2022, the Norwegian common pottery market decreased by -15% to $X for the first time since 2017, thus ending a four-year rising trend. Overall, the total consumption indicated moderate growth from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +38.4% against 2016 indices. As a result, consumption reached the peak level of $X, and then shrank dramatically in the following year.

Common Pottery Exports

Exports from Norway

Common pottery exports from Norway dropped rapidly to X tons in 2022, shrinking by -23.9% compared with the previous year's figure. In general, exports showed a abrupt curtailment. The most prominent rate of growth was recorded in 2019 when exports increased by 79% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, common pottery exports declined to $X in 2022. Overall, exports recorded a deep contraction. The pace of growth was the most pronounced in 2021 with an increase of 65%. Over the period under review, the exports hit record highs at $X in 2012; however, from 2013 to 2022, the exports failed to regain momentum.

Exports by Country

Sweden (X tons) was the main destination for common pottery exports from Norway, accounting for a 67% share of total exports. Moreover, common pottery exports to Sweden exceeded the volume sent to the second major destination, the Philippines (X tons), more than tenfold. The third position in this ranking was held by Denmark (X tons), with a 5.3% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden amounted to -12.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: the Philippines (0.0% per year) and Denmark (-7.0% per year).

In value terms, Sweden ($X) remains the key foreign market for common pottery exports from Norway, comprising 58% of total exports. The second position in the ranking was taken by the UK ($X), with a 15% share of total exports. It was followed by Denmark, with a 4.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Sweden stood at -9.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+12.1% per year) and Denmark (-11.5% per year).

Export Prices by Country

In 2022, the average common pottery export price amounted to $X per ton, surging by 26% against the previous year. In general, export price indicated a notable increase from 2012 to 2022: its price increased at an average annual rate of +3.3% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, common pottery export price increased by +60.6% against 2020 indices. The pace of growth appeared the most rapid in 2017 an increase of 28% against the previous year. The export price peaked at $X per ton in 2018; however, from 2019 to 2022, 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 the UK ($X per ton), while the average price for exports to the Philippines ($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 Ukraine (+21.8%), while the prices for the other major destinations experienced more modest paces of growth.

Common Pottery Imports

Imports into Norway

In 2022, after three years of growth, there was significant decline in purchases abroad of common pottery, when their volume decreased by -11.1% to X tons. The total import volume increased at an average annual rate of +1.2% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2020 when imports increased by 21% against the previous year. Imports peaked at X tons in 2021, and then fell in the following year.

In value terms, common pottery imports reduced rapidly to $X in 2022. Overall, total imports indicated a measured increase from 2012 to 2022: its value increased at an average annual rate of +4.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +42.4% against 2016 indices. The most prominent rate of growth was recorded in 2021 with an increase of 37%. As a result, imports attained the peak of $X, and then dropped notably in the following year.

Imports by Country

In 2022, China (X tons) constituted the largest supplier of common pottery to Norway, with a 52% share of total imports. Moreover, common pottery imports from China exceeded the figures recorded by the second-largest supplier, Portugal (X tons), threefold. Thailand (X tons) ranked third in terms of total imports with a 14% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from China totaled +2.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Portugal (+17.3% per year) and Thailand (-3.0% per year).

In value terms, China ($X), Thailand ($X) and Portugal ($X) were the largest common pottery suppliers to Norway, with a combined 78% share of total imports.

Portugal, with a CAGR of +15.0%, 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 common pottery import price stood at $X per ton in 2022, shrinking by -5.4% against the previous year. Over the last decade, it increased at an average annual rate of +2.8%. The pace of growth was the most pronounced in 2021 an increase of 16% against the previous year. As a result, import price reached the peak level of $X per ton, and then shrank in the following year.

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 Denmark ($X per ton), while the price for Vietnam ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Thailand (+9.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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