Norway: Paper Label Market 2024

Paper Label Market Size in Norway

In 2021, after two years of growth, there was significant decline in the Norwegian paper label market, when its value decreased by -9.6% to $X. Over the period under review, consumption, however, recorded a relatively flat trend pattern. As a result, consumption reached the peak level of $X, and then shrank in the following year.

Paper Label Production in Norway

In value terms, paper label production fell to $X in 2021 estimated in export price. In general, production recorded a relatively flat trend pattern. The growth pace was the most rapid in 2016 when the production volume increased by 49% against the previous year. Paper label production peaked at $X in 2020, and then fell in the following year.

Paper Label Exports

Exports from Norway

In 2021, shipments abroad of labels of paper or paperboard decreased by -1.7% to X tons for the first time since 2016, thus ending a four-year rising trend. Overall, total exports indicated a mild expansion from 2012 to 2021: its volume increased at an average annual rate of +1.7% 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 +65.6% against 2016 indices. The growth pace was the most rapid in 2017 with an increase of 28% against the previous year. Over the period under review, the exports attained the peak figure at X tons in 2020, and then reduced slightly in the following year.

In value terms, paper label exports rose significantly to $X in 2021. Over the period under review, exports saw a pronounced descent. The growth pace was the most rapid in 2017 with an increase of 34%. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports failed to regain momentum.

Exports by Country

Sweden (X tons) was the main destination for paper label exports from Norway, accounting for a 49% share of total exports. Moreover, paper label exports to Sweden exceeded the volume sent to the second major destination, Denmark (X tons), threefold. The third position in this ranking was taken by Russia (X tons), with a 15% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Sweden totaled +1.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-0.0% per year) and Russia (+8.1% per year).

In value terms, Sweden ($X) remains the key foreign market for labels of paper or paperboard exports from Norway, comprising 42% of total exports. The second position in the ranking was taken by Denmark ($X), with a 19% share of total exports. It was followed by Russia, with a 9.8% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Sweden was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+2.7% per year) and Russia (+8.6% per year).

Export Prices by Country

In 2021, the average paper label export price amounted to $X per ton, rising by 14% against the previous year. In general, the export price, however, saw a pronounced curtailment. The pace of growth was the most pronounced in 2018 an increase of 15%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2021, the export prices remained at a lower figure.

There were significant differences in the average prices for the major external markets. In 2021, amid the top suppliers, the country with the highest price was Lithuania ($X per ton), while the average price for exports to Russia ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Lithuania (+4.9%), while the prices for the other major destinations experienced more modest paces of growth.

Paper Label Imports

Imports into Norway

In 2021, imports of labels of paper or paperboard into Norway fell to X tons, which is down by -8.5% against 2020. Overall, imports showed a perceptible setback. The pace of growth appeared the most rapid in 2020 when imports increased by 12%. Imports peaked at X tons in 2013; however, from 2014 to 2021, imports remained at a lower figure.

In value terms, paper label imports declined to $X in 2021. In general, imports showed a perceptible setback. The pace of growth appeared the most rapid in 2020 when imports increased by 8.3% against the previous year. Over the period under review, imports attained the maximum at $X in 2013; however, from 2014 to 2021, imports remained at a lower figure.

Imports by Country

In 2021, Sweden (X tons) constituted the largest paper label supplier to Norway, accounting for a 56% share of total imports. Moreover, paper label imports from Sweden exceeded the figures recorded by the second-largest supplier, Denmark (X tons), fourfold. Poland (X tons) ranked third in terms of total imports with a 5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume from Sweden was relatively modest. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (-10.2% per year) and Poland (+19.3% per year).

In value terms, Sweden ($X) constituted the largest supplier of labels of paper or paperboard to Norway, comprising 49% of total imports. The second position in the ranking was held by Denmark ($X), with a 15% share of total imports. It was followed by Germany, with a 6.9% share.

From 2012 to 2021, the average annual rate of growth in terms of value from Sweden totaled -1.8%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (-9.6% per year) and Germany (-0.4% per year).

Import Prices by Country

In 2021, the average paper label import price amounted to $X per ton, with an increase of 8.2% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2017 an increase of 9.9%. The import price peaked at $X per ton in 2014; however, from 2015 to 2021, import prices stood at a somewhat lower figure.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Netherlands (+7.4%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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