Norway: Metal Advertising Sign Market 2021

Metal Advertising Sign Market Size in Norway

The Norwegian metal advertising sign market fell sharply to $X in 2020, with a decrease of -X% against the previous year. Over the period under review, consumption faced a drastic downturn. The most prominent rate of growth was recorded in 2013 with an increase of X% against the previous year. Over the period under review, the market reached the maximum level at $X in 2007; however, from 2008 to 2020, consumption stood at a somewhat lower figure.

Metal Advertising Sign Production in Norway

In value terms, metal advertising sign production reduced modestly to $X in 2020 estimated in export prices. Overall, production recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2013 with an increase of X% y-o-y. As a result, production attained the peak level of $X. From 2014 to 2020, production growth remained at a somewhat lower figure.

Metal Advertising Sign Exports

Exports from Norway

In 2020, shipments abroad of metal advertising signs decreased by -X% to X tons for the first time since 2017, thus ending a two-year rising trend. Overall, exports saw a abrupt curtailment. The most prominent rate of growth was recorded in 2011 when exports increased by X% against the previous year. Exports peaked at X tons in 2007; however, from 2008 to 2020, exports stood at a somewhat lower figure.

In value terms, metal advertising sign exports contracted remarkably to $X in 2020. Over the period under review, exports showed a abrupt downturn. The pace of growth was the most pronounced in 2011 with an increase of X% against the previous year. Over the period under review, exports attained the peak figure at $X in 2014; however, from 2015 to 2020, exports failed to regain the momentum.

Exports by Country

Denmark (X tons), South Korea (X tons) and Sweden (X tons) were the main destinations of metal advertising sign exports from Norway, with a combined X% share of total exports.

From 2007 to 2020, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by South Korea, while exports for the other leaders experienced more modest paces of growth.

In value terms, the largest markets for metal advertising sign exported from Norway were South Korea ($X), Denmark ($X) and Sweden ($X), with a combined X% share of total exports.

In terms of the main countries of destination, South Korea recorded the highest growth rate of 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 2020, the average metal advertising sign export price amounted to $X per ton, picking up by X% against the previous year. Overall, the export price, however, recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2010 when the average export price increased by X% y-o-y. The export price peaked at $X per ton in 2014; however, from 2015 to 2020, export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2020, the country with the highest price was Poland ($X per ton), while the average price for exports to Denmark ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was recorded for supplies to the UK, while the prices for the other major destinations experienced a decline.

Metal Advertising Sign Imports

Imports into Norway

In 2020, overseas purchases of metal advertising signs decreased by -X% to X tons for the first time since 2017, thus ending a two-year rising trend. Over the period under review, imports saw a deep contraction. The most prominent rate of growth was recorded in 2012 when imports increased by X% y-o-y. Over the period under review, imports attained the peak figure at X tons in 2008; however, from 2009 to 2020, imports failed to regain the momentum.

In value terms, metal advertising sign imports fell remarkably to $X in 2020. In general, imports showed a deep setback. The growth pace was the most rapid in 2012 when imports increased by X% y-o-y. Over the period under review, imports hit record highs at $X in 2008; however, from 2009 to 2020, imports stood at a somewhat lower figure.

Imports by Country

Germany (X tons), Denmark (X tons) and Sweden (X tons) were the main suppliers of metal advertising sign imports to Norway, together comprising X% of total imports. China, the UK, the Netherlands and Estonia lagged somewhat behind, together comprising a further X 2007 to 2020, the biggest increases were in Estonia (+X% per year), while purchases for the other leaders experienced a decline.

In value terms, Germany ($X), Denmark ($X) and Sweden ($X) appeared to be the largest metal advertising sign suppliers to Norway, with a combined X% share of total imports. These countries were followed by the Netherlands, China, the UK and Estonia, which together accounted for a further X terms of the main suppliers, Estonia (+X% per year) recorded the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced a decline.

Import Prices by Country

The average metal advertising sign import price stood at $X per ton in 2020, rising by X% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The pace of growth was the most pronounced in 2013 when the average import price increased by X% y-o-y. The import price peaked at $X per ton in 2014; however, from 2015 to 2020, import prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was the Netherlands ($X per ton), while the price for Estonia ($X per ton) was amongst the lowest.

From 2007 to 2020, the most notable rate of growth in terms of prices was attained by China, while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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