Norway: Market for High-Tenacity Filament Yarn Of Aramids 2025

Market Size for High-Tenacity Filament Yarn Of Aramids in Norway

The Norwegian high-tenacity filament aramids yarn market totaled $X in 2022, leveling off at the previous year. In general, the total consumption indicated notable growth from 2012 to 2022: its value increased at an average annual rate of +4.3% 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 -1.8% against 2019 indices. Over the period under review, the market reached the maximum level at $X in 2019; however, from 2020 to 2022, consumption stood at a somewhat lower figure.

Production of High-Tenacity Filament Yarn Of Aramids in Norway

In value terms, high-tenacity filament aramids yarn production shrank slightly to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a remarkable increase. The pace of growth appeared the most rapid in 2014 when the production volume increased by 121% against the previous year. Over the period under review, production hit record highs at $X in 2019; however, from 2020 to 2022, production failed to regain momentum.

Exports of High-Tenacity Filament Yarn Of Aramids

Exports from Norway

For the third year in a row, Norway recorded decline in overseas shipments of high-tenacity filament yarn of aramids, which decreased by -11.4% to X tons in 2022. In general, exports, however, showed a prominent increase. The pace of growth was the most pronounced in 2017 with an increase of 1,430%. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, high-tenacity filament aramids yarn exports dropped to $X in 2022. Overall, exports, however, showed significant growth. The pace of growth was the most pronounced in 2017 with an increase of 775% against the previous year. Over the period under review, the exports attained the maximum at $X in 2021, and then declined in the following year.

Exports by Country

The Netherlands (X tons) was the main destination for high-tenacity filament aramids yarn exports from Norway, accounting for a 56% share of total exports. Moreover, high-tenacity filament aramids yarn exports to the Netherlands exceeded the volume sent to the second major destination, Sweden (X tons), twofold.

From 2012 to 2022, the average annual rate of growth in terms of volume to the Netherlands amounted to +4.8%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+14.2% per year) and Poland (+27.6% per year).

In value terms, Poland ($X) remains the key foreign market for high-tenacity filament yarn of aramids exports from Norway, comprising 78% of total exports. The second position in the ranking was taken by Sweden ($X), with a 20% share of total exports.

From 2012 to 2022, the average annual growth rate of value to Poland totaled +65.1%. Exports to the other major destinations recorded the following average annual rates of exports growth: Sweden (+10.4% per year) and the Netherlands (-11.6% per year).

Export Prices by Country

In 2022, the average high-tenacity filament aramids yarn export price amounted to $X per ton, increasing by 3.5% against the previous year. Overall, the export price recorded buoyant growth. The pace of growth was the most pronounced in 2020 an increase of 167% against the previous year. The export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Poland ($X per ton), while the average price for exports to the Netherlands ($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 Germany (+85.0%), while the prices for the other major destinations experienced mixed trend patterns.

Imports of High-Tenacity Filament Yarn Of Aramids

Imports into Norway

In 2022, the amount of high-tenacity filament yarn of aramids imported into Norway surged to X tons, growing by 159% compared with the previous year. Overall, imports, however, showed a sharp downturn. Imports peaked at X tons in 2013; however, from 2014 to 2022, imports stood at a somewhat lower figure.

In value terms, high-tenacity filament aramids yarn imports surged to $X in 2022. Over the period under review, imports, however, saw a drastic downturn. Imports peaked at $X in 2014; however, from 2015 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, the Netherlands (X tons) constituted the largest high-tenacity filament aramids yarn supplier to Norway, with a 56% share of total imports. Moreover, high-tenacity filament aramids yarn imports from the Netherlands exceeded the figures recorded by the second-largest supplier, Japan (X tons), twofold. The UK (X tons) ranked third in terms of total imports with an 8.2% share.

From 2012 to 2022, the average annual growth rate of volume from the Netherlands totaled -16.5%. The remaining supplying countries recorded the following average annual rates of imports growth: Japan (-10.2% per year) and the UK (+26.8% per year).

In value terms, the Netherlands ($X), Japan ($X) and the UK ($X) appeared to be the largest high-tenacity filament aramids yarn suppliers to Norway, with a combined 89% share of total imports.

Among the main suppliers, the UK, with a CAGR of +29.6%, recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced mixed trend patterns.

Import Prices by Country

The average high-tenacity filament aramids yarn import price stood at $X per ton in 2022, which is down by -13.9% against the previous year. In general, the import price, however, posted strong growth. The pace of growth was the most pronounced in 2014 an increase of 80%. Over the period under review, average import prices reached the peak figure at $X per ton in 2021, and then reduced in the following year.

Average prices varied somewhat amongst the major supplying countries. In 2022, amid the top importers, the countries with the highest prices were the United States ($X per ton) and Spain ($X per ton), while the price for the Netherlands ($X per ton) and Japan ($X per ton) were amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by India (+22.5%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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