Norway: Market for Plastic Shutters And Blinds 2024

Market Size for Plastic Shutters And Blinds in Norway

The Norwegian plastic shutters and blinds market soared to $X in 2022, increasing by 23% against the previous year. In general, consumption recorded significant growth. Plastic shutters and blinds consumption peaked at $X in 2020; however, from 2021 to 2022, consumption stood at a somewhat lower figure.

Production of Plastic Shutters And Blinds in Norway

In value terms, plastic shutters and blinds production amounted to $X in 2022 estimated in export price. In general, production saw buoyant growth. The pace of growth was the most pronounced in 2018 when the production volume increased by 30% against the previous year. Over the period under review, production attained the maximum level at $X in 2020; however, from 2021 to 2022, production remained at a lower figure.

Exports of Plastic Shutters And Blinds

Exports from Norway

Plastic shutters and blinds exports from Norway fell notably to X units in 2022, with a decrease of -65.1% on 2021. Over the period under review, exports, however, continue to indicate a measured increase. The most prominent rate of growth was recorded in 2017 when exports increased by 294% against the previous year. The exports peaked at X units in 2018; however, from 2019 to 2022, the exports remained at a lower figure.

In value terms, plastic shutters and blinds exports contracted sharply to $X in 2022. In general, exports recorded a abrupt setback. The growth pace was the most rapid in 2017 when exports increased by 75% against the previous year. Over the period under review, the exports hit record highs at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sweden (X units) was the main destination for plastic shutters and blinds exports from Norway, with a 88% share of total exports. Moreover, plastic shutters and blinds exports to Sweden exceeded the volume sent to the second major destination, Denmark (X units), tenfold. The third position in this ranking was held by Poland (X units), with a 0.6% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden totaled +9.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-2.7% per year) and Poland (-8.9% per year).

In value terms, Sweden ($X) remains the key foreign market for plastic shutters and blinds exports from Norway, comprising 72% of total exports. The second position in the ranking was held by Denmark ($X), with a 12% share of total exports. It was followed by Poland, with a 1.4% share.

From 2012 to 2022, 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 (-10.5% per year) and Poland (-26.0% per year).

Export Prices by Country

In 2022, the average plastic shutters and blinds export price amounted to $X per unit, picking up by 11% against the previous year. Over the period under review, the export price, however, saw a abrupt slump. The most prominent rate of growth was recorded in 2014 when the average export price increased by 106%. The export price peaked at $X per unit in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major external markets. In 2022, amid the top suppliers, the country with the highest price was Lithuania ($X per unit), while the average price for exports to Sweden ($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 Lithuania (+8.1%), while the prices for the other major destinations experienced a decline.

Imports of Plastic Shutters And Blinds

Imports into Norway

In 2022, supplies from abroad of plastic shutters and blinds decreased by -12.1% to X units for the first time since 2019, thus ending a two-year rising trend. Over the period under review, imports, however, saw buoyant growth. The pace of growth appeared the most rapid in 2013 when imports increased by 55%. Over the period under review, imports hit record highs at X units in 2021, and then shrank in the following year.

In value terms, plastic shutters and blinds imports shrank to $X in 2022. In general, imports, however, saw strong growth. The growth pace was the most rapid in 2013 with an increase of 44% against the previous year. Over the period under review, imports attained the peak figure at $X in 2021, and then contracted in the following year.

Imports by Country

Poland (X units), the Netherlands (X units) and Germany (X units) were the main suppliers of plastic shutters and blinds imports to Norway, together comprising 58% of total imports. Belgium, Italy, Lithuania, Denmark, China, France, Sweden and Hungary lagged somewhat behind, together comprising a further 40%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by France (with a CAGR of +78.5%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the Netherlands ($X) and Belgium ($X) were the largest plastic shutters and blinds suppliers to Norway, together comprising 61% of total imports. Poland, Denmark, Italy, Sweden, Lithuania, France, China and Hungary lagged somewhat behind, together accounting for a further 35%.

France, with a CAGR of +54.8%, recorded the highest rates of growth with regard to 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 plastic shutters and blinds import price amounted to $X per unit, dropping by -2% against the previous year. Over the period under review, the import price, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when the average import price increased by 19%. The import price peaked at $X per unit in 2020; however, from 2021 to 2022, import prices failed to regain momentum.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was Hungary ($X per unit), while the price for Lithuania ($X per unit) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Hungary (+19.8%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :