Norway: Market for Plastic Doors, Windows And Their Frames 2024

Market Size for Plastic Doors, Windows And Their Frames in Norway

In 2022, the Norwegian plastic doors and windows market decreased by -15% to $X for the first time since 2019, thus ending a two-year rising trend. In general, consumption continues to indicate a pronounced downturn. The most prominent rate of growth was recorded in 2017 when the market value increased by 8.7%. Over the period under review, the market reached the maximum level at $X in 2012; however, from 2013 to 2022, consumption stood at a somewhat lower figure.

Production of Plastic Doors, Windows And Their Frames in Norway

In value terms, plastic doors and windows production shrank modestly to $X in 2022 estimated in export price. Over the period under review, production recorded a precipitous contraction. The most prominent rate of growth was recorded in 2021 with an increase of 4.7%. Plastic doors and windows production peaked at $X in 2012; however, from 2013 to 2022, production stood at a somewhat lower figure.

Exports of Plastic Doors, Windows And Their Frames

Exports from Norway

In 2022, plastic doors and windows exports from Norway surged to X units, with an increase of 26% compared with the previous year's figure. Over the period under review, exports, however, showed a perceptible decline. The growth pace was the most rapid in 2019 with an increase of 48% against the previous year. The exports peaked at X units in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

In value terms, plastic doors and windows exports skyrocketed to $X in 2022. Overall, exports, however, continue to indicate a perceptible decline. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sweden (X units), Finland (X units) and Poland (X units) were the main destinations of plastic doors and windows exports from Norway, together comprising 71% of total exports. Turkey, China, the United States, Denmark and South Korea lagged somewhat behind, together accounting for a further 21%.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +25.5%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Poland ($X) and Turkey ($X) constituted the largest markets for plastic doors and windows exported from Norway worldwide, together accounting for 57% of total exports. China, Finland, the United States, Denmark and South Korea lagged somewhat behind, together accounting for a further 25%.

China, with a CAGR of +29.8%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average plastic doors and windows export price stood at $X per unit in 2022, with an increase of 30% against the previous year. Over the last decade, it increased at an average annual rate of +2.4%. The most prominent rate of growth was recorded in 2018 when the average export price increased by 40%. Over the period under review, the average export prices hit record highs in 2022 and is likely to continue growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per unit), while the average price for exports to Finland ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Turkey (+6.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Plastic Doors, Windows And Their Frames

Imports into Norway

In 2022, imports of plastic doors, windows and their frames into Norway dropped notably to X units, waning by -19.8% compared with 2021 figures. In general, imports showed a slight decrease. The most prominent rate of growth was recorded in 2015 with an increase of 14%. Over the period under review, imports attained the peak figure at X units in 2017; however, from 2018 to 2022, imports stood at a somewhat lower figure.

In value terms, plastic doors and windows imports contracted to $X in 2022. Over the period under review, imports continue to indicate a noticeable curtailment. The most prominent rate of growth was recorded in 2017 when imports increased by 10%. As a result, imports reached the peak of $X. From 2018 to 2022, the growth of imports remained at a somewhat lower figure.

Imports by Country

Poland (X units), Lithuania (X units) and Denmark (X units) were the main suppliers of plastic doors and windows imports to Norway, with a combined 92% share of total imports. China, Estonia and Latvia lagged somewhat behind, together comprising a further 4.2%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by China (with a CAGR of +14.6%), while imports for the other leaders experienced mixed trend patterns.

In value terms, the largest plastic doors and windows suppliers to Norway were Poland ($X), Lithuania ($X) and Denmark ($X), with a combined 90% share of total imports. Estonia, China and Latvia lagged somewhat behind, together comprising a further 3.7%.

Among the main suppliers, China, with a CAGR of +12.0%, 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 mixed trend patterns.

Import Prices by Country

The average plastic doors and windows import price stood at $X per unit in 2022, with an increase of 7.6% against the previous year. In general, the import price, however, recorded a slight shrinkage. The pace of growth appeared the most rapid in 2021 an increase of 23%. The import price peaked at $X per unit in 2012; however, from 2013 to 2022, 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 Denmark ($X per unit), while the price for China ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Estonia (+5.2%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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