Report Update Nov 1, 2024

Norway - Iron or Steel Rivets - Market Analysis, Forecast, Size, Trends and Insights

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Norway: Metal Rivet Market 2024

Metal Rivet Market Size in Norway

In 2022, after two years of decline, there was significant growth in the Norwegian metal rivet market, when its value increased by 16% to $X. In general, consumption, however, saw a perceptible contraction. As a result, consumption reached the peak level of $X. From 2017 to 2022, the growth of the market remained at a somewhat lower figure.

Metal Rivet Exports

Exports from Norway

In 2022, metal rivet exports from Norway dropped significantly to X tons, waning by -58.7% compared with the previous year. Over the period under review, exports, however, saw pronounced growth. The most prominent rate of growth was recorded in 2014 with an increase of 55%. The exports peaked at X tons in 2017; however, from 2018 to 2022, the exports remained at a lower figure.

In value terms, metal rivet exports shrank notably to $X in 2022. In general, exports, however, enjoyed buoyant growth. The most prominent rate of growth was recorded in 2021 with an increase of 87% against the previous year. As a result, the exports reached the peak of $X, and then dropped markedly in the following year.

Exports by Country

China (X tons), Denmark (X tons) and the United States (X kg) were the main destinations of metal rivet exports from Norway, with a combined 66% share of total exports. Germany, Ethiopia, the Netherlands, the UK, Sweden and Singapore lagged somewhat behind, together comprising a further 21%.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by Ethiopia (with a CAGR of +41.0%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal rivet exported from Norway were China ($X), the United States ($X) and the Netherlands ($X), with a combined 49% share of total exports. Ethiopia, Germany, Denmark, the UK, Sweden and Singapore lagged somewhat behind, together accounting for a further 31%.

In terms of the main countries of destination, Ethiopia, with a CAGR of +38.9%, saw the highest rates of growth with regard to the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2022, the average metal rivet export price amounted to $X per ton, reducing by -15.8% against the previous year. Over the last decade, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2021 an increase of 31%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Denmark ($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 Singapore (+24.6%), while the prices for the other major destinations experienced more modest paces of growth.

Metal Rivet Imports

Imports into Norway

In 2022, purchases abroad of iron or steel rivets decreased by -2.7% to X tons, falling for the sixth consecutive year after two years of growth. Overall, imports showed a noticeable slump. The most prominent rate of growth was recorded in 2013 with an increase of 37% against the previous year. As a result, imports reached the peak of X tons. From 2014 to 2022, the growth of imports remained at a lower figure.

In value terms, metal rivet imports stood at $X in 2022. Over the period under review, imports recorded a slight shrinkage. The pace of growth was the most pronounced in 2016 when imports increased by 59%. As a result, imports reached the peak of $X. From 2017 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Sweden (X tons), China (X tons) and Germany (X tons) were the main suppliers of metal rivet imports to Norway, together comprising 79% of total imports. Italy and Taiwan (Chinese) lagged somewhat behind, together comprising a further 16%.

From 2012 to 2022, the biggest increases were recorded for Italy (with a CAGR of +52.0%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Germany ($X) and China ($X) constituted the largest metal rivet suppliers to Norway, together comprising 68% of total imports. Italy and Taiwan (Chinese) lagged somewhat behind, together accounting for a further 14%.

Among the main suppliers, Italy, with a CAGR of +42.1%, 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

The average metal rivet import price stood at $X per ton in 2022, rising by 7.6% against the previous year. In general, the import price recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 19% against the previous year. As a result, import price attained the peak level of $X per ton. From 2017 to 2022, the average import prices remained at a lower figure.

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 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 Germany (+12.4%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for iron or steel rivets in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together accounting for 45% of global consumption. These countries were followed by Canada, Germany, Japan, Mexico, Russia, Brazil, Turkey, Thailand and Saudi Arabia, which together accounted for a further 35%.

What are the largest producers of iron or steel rivets in the world?

The countries with the highest volumes of in 2021 were China, the United States and India, together comprising 53% of global production. Germany, Japan, Russia, Brazil, South Korea, Turkey, Taiwan Chinese), Italy and Saudi Arabia lagged somewhat behind, together comprising a further 33%.

What are the leading suppliers of iron or steel rivets to Norway?

In value terms, Sweden constituted the largest supplier of metal rivet to Norway, comprising 42% of total imports. The second position in the ranking was occupied by China, with a 15% share of total imports. It was followed by Germany, with a 9.5% share.

What are the leading importers of iron or steel rivets from Norway?

In value terms, China remains the key foreign market for metal rivet exports from Norway, comprising 38% of total exports. The second position in the ranking was occupied by the UK, with a 15% share of total exports. It was followed by Germany, with a 12% share.

What is the average export price for iron or steel rivets in Norway?

The average metal rivet export price stood at $29,524 per ton in 2021, growing by 2.9% against the previous year.

What is the average import price for iron or steel rivets in Norway?

In 2021, the average metal rivet import price amounted to $9,110 per ton, increasing by 7.3% against the previous year.

This report provides an in-depth analysis of the metal rivet market in Norway. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

Prodcom 25941250 - Iron or steel rivets (including partly hollow rivets) (excluding tubular or bifurcated rivets for all purposes)

Country coverage:

Norway

Data coverage:

Market volume and value
Per Capita consumption
Forecast of the market dynamics in the medium term
Trade (exports and imports) in Norway
Export and import prices
Market trends, drivers and restraints
Key market players and their profiles

Reasons to buy this report:

Take advantage of the latest data
Find deeper insights into current market developments
Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

How to diversify your business and benefit from new market opportunities
How to load your idle production capacity
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
How to reduce your production and supply chain costs
How to outsource production to other countries
How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business
1. REPORT DESCRIPTION
2. RESEARCH METHODOLOGY AND AI PLATFORM
3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
4. GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance
1. KEY FINDINGS
2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects
1. MARKET SIZE
2. MARKET STRUCTURE
3. TRADE BALANCE
4. PER CAPITA CONSUMPTION
5. MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCT

Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO
1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
2. BEST-SELLING PRODUCTS
3. MOST CONSUMED PRODUCT
4. MOST TRADED PRODUCT
5. MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain
This Chapter is Available Only for the Professional Edition PRO
1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
2. TOP PRODUCING COUNTRIES
3. TOP EXPORTING COUNTRIES
4. LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO
1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
2. TOP CONSUMING MARKETS
3. UNSATURATED MARKETS
4. TOP IMPORTING MARKETS
5. MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO
LIST OF TABLES
1. Key Findings In 2023
2. Market Volume, In Physical Terms, 2012–2023
3. Market Value, 2012–2023
4. Per Capita Consumption In 2012-2023
5. Imports, In Physical Terms, By Country, 2012–2023
6. Imports, In Value Terms, By Country, 2012–2023
7. Import Prices, By Country Of Origin, 2012–2023
8. Exports, In Physical Terms, By Country, 2012–2023
9. Exports, In Value Terms, By Country, 2012–2023
10. Export Prices, By Country Of Destination, 2012–2023
LIST OF FIGURES
1. Market Volume, In Physical Terms, 2012–2023
2. Market Value, 2012–2023
3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
5. Trade Balance, In Physical Terms, 2012-2023
6. Trade Balance, In Value Terms, 2012-2023
7. Per Capita Consumption, 2012-2023
8. Market Volume Forecast to 2030
9. Market Value Forecast to 2030
10. Products: Market Size And Growth, By Type
11. Products: Average Per Capita Consumption, By Type
12. Products: Exports And Growth, By Type
13. Products: Export Prices And Growth, By Type
14. Production Volume And Growth
15. Exports And Growth
16. Export Prices And Growth
17. Market Size And Growth
18. Per Capita Consumption
19. Imports And Growth
20. Import Prices
21. Production, In Physical Terms, 2012–2023
22. Production, In Value Terms, 2012–2023
23. Imports, In Physical Terms, 2012–2023
24. Imports, In Value Terms, 2012–2023
25. Imports, In Physical Terms, By Country, 2023
26. Imports, In Physical Terms, By Country, 2012–2023
27. Imports, In Value Terms, By Country, 2012–2023
28. Import Prices, By Country Of Origin, 2012–2023
29. Exports, In Physical Terms, 2012–2023
30. Exports, In Value Terms, 2012–2023
31. Exports, In Physical Terms, By Country, 2023
32. Exports, In Physical Terms, By Country, 2012–2023
33. Exports, In Value Terms, By Country, 2012–2023
34. Export Prices, By Country Of Destination, 2012–2023