Norway: Other Papers Packaging Market 2024

Other Papers Packaging Market Size in Norway

For the eighth consecutive year, the Norwegian other papers packaging market recorded growth in sales value, which increased by 0.5% to $X in 2022. Over the period under review, consumption, however, enjoyed a strong increase. Other papers packaging consumption peaked in 2022 and is expected to retain growth in years to come.

Other Papers Packaging Production in Norway

In value terms, other papers packaging production reduced to $X in 2022 estimated in export price. Over the period under review, production, however, showed a prominent expansion. The pace of growth appeared the most rapid in 2013 with an increase of 236% against the previous year. Over the period under review, production reached the peak level at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.

Other Papers Packaging Exports

Exports from Norway

In 2022, shipments abroad of other papers packaging decreased by -32.9% to X tons, falling for the third year in a row after two years of growth. In general, exports recorded a perceptible contraction. The pace of growth was the most pronounced in 2013 with an increase of 22% against the previous year. The exports peaked at X tons in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

In value terms, other papers packaging exports fell notably to $X in 2022. Overall, exports saw a mild contraction. The most prominent rate of growth was recorded in 2014 with an increase of 27%. Over the period under review, the exports attained the peak figure at $X in 2019; however, from 2020 to 2022, the exports failed to regain momentum.

Exports by Country

Sweden (X tons) was the main destination for other papers packaging exports from Norway, accounting for a 90% share of total exports. Moreover, other papers packaging exports to Sweden exceeded the volume sent to the second major destination, Denmark (X tons), more than tenfold. The UK (X tons) ranked third in terms of total exports with a 2.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden stood at +11.5%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+2.0% per year) and the UK (-4.3% per year).

In value terms, Sweden ($X) remains the key foreign market for other papers packaging exports from Norway, comprising 88% of total exports. The second position in the ranking was held by Denmark ($X), with a 4% share of total exports. It was followed by the UK, with a 3.3% share.

From 2012 to 2022, the average annual growth rate of value to Sweden stood at +12.4%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+4.1% per year) and the UK (-1.2% per year).

Export Prices by Country

In 2022, the average other papers packaging export price amounted to $X per ton, surging by 21% against the previous year. Overall, the export price saw a relatively flat trend pattern. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the Netherlands ($X per ton), while the average price for exports to Sweden ($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 the Netherlands (+4.4%), while the prices for the other major destinations experienced more modest paces of growth.

Other Papers Packaging Imports

Imports into Norway

For the fifth consecutive year, Norway recorded decline in supplies from abroad of other papers packaging, which decreased by -2.3% to X tons in 2022. In general, imports showed a deep setback. The most prominent rate of growth was recorded in 2017 when imports increased by 27% against the previous year. As a result, imports reached the peak of X tons. From 2018 to 2022, the growth of imports remained at a lower figure.

In value terms, other papers packaging imports rose slightly to $X in 2022. Overall, imports continue to indicate a perceptible contraction. The most prominent rate of growth was recorded in 2017 when imports increased by 31% against the previous year. As a result, imports attained the peak of $X. From 2018 to 2022, the growth of imports failed to regain momentum.

Imports by Country

Sweden (X tons), Germany (X tons) and Denmark (X tons) were the main suppliers of other papers packaging imports to Norway, together comprising 83% of total imports.

From 2012 to 2022, the biggest increases were recorded for Sweden (with a CAGR of +25.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Germany ($X) and Denmark ($X) appeared to be the largest other papers packaging suppliers to Norway, together comprising 82% of total imports.

Sweden, with a CAGR of +32.0%, saw the highest growth rate of the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average other papers packaging import price stood at $X per ton in 2022, growing by 6.7% against the previous year. Overall, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, other papers packaging import price increased by +79.2% against 2019 indices. The growth pace was the most rapid in 2021 an increase of 33%. The import price peaked in 2022 and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Sweden (+4.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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