Norway: Market for Other Plastic Tubes, Pipes and Hoses 2024

Market Size for Other Plastic Tubes, Pipes and Hoses in Norway

The Norwegian market for other plastic tubes, pipes and hoses dropped dramatically to $X in 2022, with a decrease of -50.5% against the previous year. Over the period under review, consumption, however, enjoyed a resilient increase. As a result, consumption attained the peak level of $X, and then fell significantly in the following year.

Production of Other Plastic Tubes, Pipes and Hoses in Norway

In value terms, production of other plastic tubes, pipes and hoses shrank rapidly to $X in 2022 estimated in export price. In general, production showed a pronounced descent. The pace of growth appeared the most rapid in 2021 when the production volume increased by 387% against the previous year. As a result, production attained the peak level of $X, and then contracted sharply in the following year.

Exports of Other Plastic Tubes, Pipes and Hoses

Exports from Norway

In 2022, the amount of other plastic tubes, pipes and hoses exported from Norway fell rapidly to X tons, waning by -20.5% against the year before. Over the period under review, exports showed a noticeable shrinkage. The most prominent rate of growth was recorded in 2013 with an increase of 62%. The exports peaked at X tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, exports of other plastic tubes, pipes and hoses fell to $X in 2022. In general, exports saw a noticeable slump. The most prominent rate of growth was recorded in 2013 with an increase of 46%. The exports peaked at $X in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sweden (X tons) was the main destination for exports of other plastic tubes, pipes and hoses from Norway, accounting for a 29% share of total exports. Moreover, exports of other plastic tubes, pipes and hoses to Sweden exceeded the volume sent to the second major destination, the UK (X tons), twofold. The third position in this ranking was held by Turkey (X tons), with an 11% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden amounted to -7.2%. Exports to the other major destinations recorded the following average annual rates of exports growth: the UK (+24.3% per year) and Turkey (+11.0% per year).

In value terms, Sweden ($X) remains the key foreign market for other plastic tubes, pipes and hoses exports from Norway, comprising 30% of total exports. The second position in the ranking was taken by Turkey ($X), with a 9.9% share of total exports. It was followed by the UK, with a 9.9% share.

From 2012 to 2022, the average annual growth rate of value to Sweden totaled -3.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Turkey (+5.9% per year) and the UK (+27.1% per year).

Export Prices by Country

The average export price for other plastic tubes, pipes and hoses stood at $X per ton in 2022, growing by 13% against the previous year. Over the last decade, it increased at an average annual rate of +1.2%. The pace of growth appeared the most rapid in 2020 an increase of 18% against the previous year. Over the period under review, the average export prices hit record highs in 2022 and is expected to retain growth in years to come.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Germany ($X per ton), while the average price for exports to the Netherlands ($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 Sweden (+3.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Other Plastic Tubes, Pipes and Hoses

Imports into Norway

In 2022, the amount of other plastic tubes, pipes and hoses imported into Norway dropped significantly to X tons, shrinking by -18.9% compared with the year before. Over the period under review, imports, however, saw prominent growth. The most prominent rate of growth was recorded in 2019 when imports increased by 67% against the previous year. Over the period under review, imports of attained the maximum at X tons in 2021, and then plummeted in the following year.

In value terms, imports of other plastic tubes, pipes and hoses dropped rapidly to $X in 2022. Overall, imports, however, saw a resilient expansion. The pace of growth appeared the most rapid in 2021 when imports increased by 130%. As a result, imports reached the peak of $X, and then plummeted in the following year.

Imports by Country

In 2022, Poland (X tons) constituted the largest other plastic tubes, pipes and hoses supplier to Norway, accounting for a 24% share of total imports. Moreover, imports of other plastic tubes, pipes and hoses from Poland exceeded the figures recorded by the second-largest supplier, Italy (X tons), twofold. Sweden (X tons) ranked third in terms of total imports with a 9.9% share.

From 2012 to 2022, the average annual growth rate of volume from Poland stood at +63.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Italy (+1.6% per year) and Sweden (+0.4% per year).

In value terms, Germany ($X), the UK ($X) and Italy ($X) constituted the largest other plastic tubes, pipes and hoses suppliers to Norway, with a combined 37% share of total imports. Sweden, Denmark, Poland, the Czech Republic, China, Slovenia, Portugal, Taiwan (Chinese), Hong Kong SAR and France lagged somewhat behind, together comprising a further 49%.

Hong Kong SAR, with a CAGR of +91.0%, saw the highest growth rate of the value of imports, in terms of the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for other plastic tubes, pipes and hoses amounted to $X per ton, with a decrease of -22.7% against the previous year. Over the period under review, the import price recorded a slight curtailment. The pace of growth was the most pronounced in 2021 an increase of 58%. Over the period under review, average import prices attained the maximum at $X per ton in 2013; however, from 2014 to 2022, import prices failed to regain momentum.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hong Kong SAR (+5.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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