Norway: Market for Non-Woven, Felt and Coated Textile Garments 2024

Market Size for Non-Woven, Felt and Coated Textile Garments in Norway

In 2021, the Norwegian market for non-woven, felt and coated textile garments increased by 1.3% to $X, rising for the second year in a row after two years of decline. The market value increased at an average annual rate of +1.7% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. Over the period under review, the market hit record highs in 2021 and is expected to retain growth in the immediate term.

Exports of Non-Woven, Felt and Coated Textile Garments

Exports from Norway

In 2021, approx. X units of non-woven, felt and coated textile garments were exported from Norway; jumping by 41% on the previous year. Over the period under review, total exports indicated a tangible expansion from 2012 to 2021: its volume increased at an average annual rate of +4.2% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +77.9% against 2016 indices. The most prominent rate of growth was recorded in 2019 when exports increased by 41% against the previous year. The exports peaked in 2021 and are expected to retain growth in the near future.

In value terms, exports of non-woven, felt and coated textile garments skyrocketed to $X in 2021. In general, exports, however, continue to indicate a slight slump. Over the period under review, the exports of hit record highs at $X in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Sweden (X units), Namibia (X units) and the Netherlands (X units) were the main destinations of exports of non-woven, felt and coated textile garments from Norway, with a combined 50% share of total exports. These countries were followed by the UK, Russia, Denmark, Latvia, Germany, Canada, Iceland, Libya, Finland and China, which together accounted for a further 39%.

From 2012 to 2021, the biggest increases were recorded for Latvia (with a CAGR of +134.9%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X) emerged as the key foreign market for non-woven, felt and coated textile garments exports from Norway, comprising 32% of total exports. The second position in the ranking was held by Germany ($X), with a 15% share of total exports. It was followed by Denmark, with an 11% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Sweden amounted to -6.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Germany (+10.4% per year) and Denmark (+10.5% per year).

Export Prices by Country

In 2021, the average export price for non-woven, felt and coated textile garments amounted to $X per unit, shrinking by -8.6% against the previous year. In general, the export price recorded a abrupt downturn. The most prominent rate of growth was recorded in 2020 when the average export price increased by 35% against the previous year. The export price peaked at $X per unit in 2012; however, from 2013 to 2021, the export prices stood at a somewhat lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Germany ($X per unit), while the average price for exports to Latvia ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Finland (+18.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Non-Woven, Felt and Coated Textile Garments

Imports into Norway

In 2021, supplies from abroad of non-woven, felt and coated textile garments increased by 9.4% to X units, rising for the second year in a row after two years of decline. The total import volume increased at an average annual rate of +1.8% from 2012 to 2021; the trend pattern remained relatively stable, with only minor fluctuations throughout the analyzed period. The pace of growth was the most pronounced in 2017 with an increase of 18%. Imports peaked in 2021 and are expected to retain growth in the immediate term.

In value terms, imports of non-woven, felt and coated textile garments amounted to $X in 2021. The total import value increased at an average annual rate of +1.9% from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2017 when imports increased by 28% against the previous year. Imports peaked in 2021 and are expected to retain growth in years to come.

Imports by Country

In 2021, China (X units) constituted the largest non-woven, felt and coated textile garment supplier to Norway, accounting for a 83% share of total imports. Moreover, imports of non-woven, felt and coated textile garments from China exceeded the figures recorded by the second-largest supplier, Cambodia (X units), more than tenfold. Vietnam (X units) ranked third in terms of total imports with a 1.7% share.

From 2012 to 2021, the average annual growth rate of volume from China amounted to +1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: Cambodia (+34.0% per year) and Vietnam (+16.5% per year).

In value terms, China ($X) constituted the largest supplier of non-woven, felt and coated textile garments to Norway, comprising 74% of total imports. The second position in the ranking was held by Vietnam ($X), with a 7.6% share of total imports. It was followed by Bangladesh, with a 4.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Vietnam (+21.3% per year) and Bangladesh (+28.1% per year).

Import Prices by Country

In 2021, the average import price for non-woven, felt and coated textile garments amounted to $X per unit, declining by -6.3% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2013 an increase of 9.1% against the previous year. As a result, import price attained the peak level of $X per unit. From 2014 to 2021, the average import prices remained at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Vietnam (+4.1%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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