Norway: Hand Sieve Market 2024

Hand Sieve Market Size in Norway

The Norwegian hand sieve market declined slightly to $X in 2022, falling by -4.2% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). In general, the total consumption indicated a moderate increase from 2012 to 2022: its value increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption decreased by -35.0% against 2018 indices. Over the period under review, the market reached the maximum level at $X in 2018; however, from 2019 to 2022, consumption remained at a lower figure.

Hand Sieve Exports

Exports from Norway

In 2022, the amount of hand sieves and hand riddles exported from Norway skyrocketed to X units, jumping by 601% on the previous year. Overall, exports enjoyed a significant increase. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

In value terms, hand sieve exports surged to $X in 2022. Over the period under review, exports posted a significant increase. The pace of growth was the most pronounced in 2017 when exports increased by 682% against the previous year. Over the period under review, the exports attained the peak figure in 2022 and are expected to retain growth in the immediate term.

Exports by Country

Denmark (X units) was the main destination for hand sieve exports from Norway, accounting for a 78% share of total exports. Moreover, hand sieve exports to Denmark exceeded the volume sent to the second major destination, Romania (X units), ninefold. Gabon (X units) ranked third in terms of total exports with a 5.1% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Denmark stood at +112.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (0.0% per year) and Gabon (0.0% per year).

In value terms, Denmark ($X) remains the key foreign market for hand sieves and hand riddles exports from Norway, comprising 81% of total exports. The second position in the ranking was held by Romania ($X), with a 5.2% share of total exports. It was followed by Turkey, with a 4.3% share.

From 2012 to 2022, the average annual growth rate of value to Denmark stood at +93.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Romania (0.0% per year) and Turkey (+291.5% per year).

Export Prices by Country

The average hand sieve export price stood at $X per unit in 2022, remaining relatively unchanged against the previous year. Over the period under review, the export price saw a noticeable shrinkage. The most prominent rate of growth was recorded in 2015 when the average export price increased by 81%. Over the period under review, the average export prices attained the peak figure at $X per unit in 2012; however, from 2013 to 2022, the export prices stood at a somewhat lower figure.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per unit), while the average price for exports to Gabon ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Sweden (+5.1%), while the prices for the other major destinations experienced a decline.

Hand Sieve Imports

Imports into Norway

In 2022, purchases abroad of hand sieves and hand riddles was finally on the rise to reach X units after three years of decline. Overall, imports saw temperate growth. The pace of growth appeared the most rapid in 2017 with an increase of 76%. Imports peaked at X units in 2018; however, from 2019 to 2022, imports stood at a somewhat lower figure.

In value terms, hand sieve imports shrank slightly to $X in 2022. Over the period under review, total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of +4.8% 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 +14.3% against 2020 indices. The most prominent rate of growth was recorded in 2017 when imports increased by 45%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

In 2022, China (X units) constituted the largest hand sieve supplier to Norway, accounting for a 50% share of total imports. Moreover, hand sieve imports from China exceeded the figures recorded by the second-largest supplier, Denmark (X units), threefold. The third position in this ranking was taken by Poland (X units), with an 11% share.

From 2012 to 2022, the average annual growth rate of volume from China was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (+40.1% per year) and Poland (+62.2% per year).

In value terms, the largest hand sieve suppliers to Norway were the UK ($X), China ($X) and Poland ($X), with a combined 65% share of total imports.

In terms of the main suppliers, Poland, with a CAGR of +51.5%, saw the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average hand sieve import price amounted to $X per unit, dropping by -15.5% against the previous year. Over the period under review, the import price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 37%. As a result, import price reached the peak level of $X per unit, and then shrank rapidly in the following year.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Italy (+1.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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