Norway: Market for Finishing Agents Used In The Textile Industry 2024

Market Size for Finishing Agents Used In The Textile Industry in Norway

The Norwegian textile industry finishing agents market totaled $X in 2022, remaining constant against the previous year. In general, consumption posted a buoyant expansion. Textile industry finishing agents consumption peaked in 2022 and is expected to retain growth in the near future.

Production of Finishing Agents Used In The Textile Industry in Norway

In value terms, textile industry finishing agents production reduced slightly to $X in 2022 estimated in export price. Overall, the total production indicated a resilient increase from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, production decreased by X% against 2019 indices. The pace of growth appeared the most rapid in 2019 when the production volume increased by X% against the previous year. As a result, production reached the peak level of $X. From 2020 to 2022, production growth remained at a somewhat lower figure.

Exports of Finishing Agents Used In The Textile Industry

Exports from Norway

In 2022, shipments abroad of finishing agents used in the textile industry decreased by X% to X tons for the first time since 2019, thus ending a two-year rising trend. Overall, exports showed a dramatic downturn. The pace of growth appeared the most rapid in 2013 with an increase of X% against the previous year. The exports peaked at X tons in 2014; however, from 2015 to 2022, the exports failed to regain momentum.

In value terms, textile industry finishing agents exports contracted remarkably to $X in 2022. Over the period under review, exports continue to indicate a sharp shrinkage. The pace of growth was the most pronounced in 2013 when exports increased by X%. Over the period under review, the exports attained the peak figure at $X in 2014; however, from 2015 to 2022, the exports remained at a lower figure.

Exports by Country

Angola (X tons) was the main destination for textile industry finishing agents exports from Norway, with a X% share of total exports. Moreover, textile industry finishing agents exports to Angola exceeded the volume sent to the second major destination, Denmark (X tons), fivefold. The third position in this ranking was held by Australia (X kg), with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Angola was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (X% per year) and Australia (X% per year).

In value terms, Australia ($X) remains the key foreign market for finishing agents used in the textile industry exports from Norway, comprising X% of total exports. The second position in the ranking was taken by Denmark ($X), with a X% share of total exports. It was followed by Ireland, with a X% share.

From 2012 to 2022, the average annual growth rate of value to Australia totaled X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (X% per year) and Ireland (X% per year).

Export Prices by Country

In 2022, the average textile industry finishing agents export price amounted to $X per ton, waning by X% against the previous year. In general, the export price, however, recorded a moderate increase. The most prominent rate of growth was recorded in 2019 when the average export price increased by X%. The export price peaked at $X per ton in 2021, and then contracted markedly in the following year.

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 Australia ($X per ton), while the average price for exports to Angola ($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 Spain (X%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Finishing Agents Used In The Textile Industry

Imports into Norway

In 2022, imports of finishing agents used in the textile industry into Norway totaled X tons, growing by X% compared with the previous year. Overall, imports saw strong growth. The most prominent rate of growth was recorded in 2020 with an increase of X%. Imports peaked in 2022 and are likely to see steady growth in years to come.

In value terms, textile industry finishing agents imports soared to $X in 2022. In general, imports enjoyed prominent growth. The growth pace was the most rapid in 2017 when imports increased by X% against the previous year. Imports peaked in 2022 and are expected to retain growth in the near future.

Imports by Country

In 2022, Belgium (X tons) constituted the largest textile industry finishing agents supplier to Norway, accounting for a X% share of total imports. Moreover, textile industry finishing agents imports from Belgium exceeded the figures recorded by the second-largest supplier, Denmark (X tons), twofold. The third position in this ranking was held by France (X tons), with an X% share.

From 2012 to 2022, the average annual growth rate of volume from Belgium stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (X% per year) and France (X% per year).

In value terms, Belgium ($X) constituted the largest supplier of finishing agents used in the textile industry to Norway, comprising X% of total imports. The second position in the ranking was held by Denmark ($X), with a X% share of total imports. It was followed by France, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value from Belgium totaled X%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (X% per year) and France (X% per year).

Import Prices by Country

The average textile industry finishing agents import price stood at $X per ton in 2022, increasing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth appeared the most rapid in 2018 when the average import price increased by X% against the previous year. Over the period under review, average import prices reached the maximum at $X per ton in 2019; however, from 2020 to 2022, import prices remained at a lower figure.

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

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

Source: IndexBox Platform

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