Norway: Market for Plastics Tubes, Pipes And Hoses, And Fitting 2024

Market Size for Plastics Tubes, Pipes And Hoses, And Fitting in Norway

For the fifth year in a row, the Norwegian plastic pipe and hose market recorded growth in sales value, which increased by X% to $X in 2022. Over the period under review, consumption recorded a temperate increase. As a result, consumption reached the peak level of $X. From 2014 to 2022, the growth of the market remained at a lower figure.

Production of Plastics Tubes, Pipes And Hoses, And Fitting in Norway

In value terms, plastic pipe and hose production fell to $X in 2022 estimated in export price. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the production volume increased by X%. As a result, production reached the peak level of $X, and then contracted in the following year.

Exports of Plastics Tubes, Pipes And Hoses, And Fitting

Exports from Norway

In 2022, plastic pipe and hose exports from Norway declined to X tons, reducing by X% compared with 2021. Overall, exports saw a noticeable contraction. The most prominent rate of growth was recorded in 2017 when exports increased by X% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports failed to regain momentum.

In value terms, plastic pipe and hose exports stood at $X in 2022. In general, exports saw a slight descent. The growth pace was the most rapid in 2017 with an increase of X% against the previous year. The exports peaked at $X in 2013; however, from 2014 to 2022, the exports failed to regain momentum.

Exports by Country

Sweden (X tons) was the main destination for plastic pipe and hose exports from Norway, accounting for a X% share of total exports. Moreover, plastic pipe and hose exports to Sweden exceeded the volume sent to the second major destination, Tunisia (X tons), twofold. The third position in this ranking was taken by the UK (X tons), with a X% share.

From 2012 to 2022, the average annual growth rate of volume to Sweden amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (X% per year) and the UK (X% per year).

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

From 2012 to 2022, the average annual growth rate of value to Sweden amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Tunisia (X% per year) and the UK (X% per year).

Export Prices by Country

The average plastic pipe and hose export price stood at $X per ton in 2022, growing by X% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of X%. The pace of growth was the most pronounced in 2018 when the average export price increased by X% against the previous year. Over the period under review, the average export prices attained the peak figure at $X per ton in 2014; however, from 2015 to 2022, the export prices stood at a somewhat lower figure.

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

Imports of Plastics Tubes, Pipes And Hoses, And Fitting

Imports into Norway

In 2022, after two years of decline, there was growth in supplies from abroad of plastics tubes, pipes and hoses, and fitting, when their volume increased by X% to X tons. The total import volume increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when imports increased by X% against the previous year. Over the period under review, imports attained the maximum in 2022 and are likely to continue growth in the near future.

In value terms, plastic pipe and hose imports contracted to $X in 2022. In general, total imports indicated pronounced growth from 2012 to 2022: its value increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by X% against 2016 indices. The growth pace was the most rapid in 2021 with an increase of X% against the previous year. As a result, imports reached the peak of $X, and then contracted slightly in the following year.

Imports by Country

Sweden (X tons), Poland (X tons) and Denmark (X tons) were the main suppliers of plastic pipe and hose imports to Norway, with a combined X% share of total imports. Germany, Italy, Austria, China, Turkey, the UK, Finland, Estonia and Switzerland lagged somewhat behind, together comprising a further X%.

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

In value terms, Sweden ($X), Germany ($X) and Poland ($X) appeared to be the largest plastic pipe and hose suppliers to Norway, together accounting for X% of total imports. Denmark, Italy, the UK, Switzerland, Austria, China, Finland, Turkey and Estonia lagged somewhat behind, together comprising a further X%.

Among the main suppliers, Estonia, with a CAGR of X%, 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 more modest paces of growth.

Import Prices by Country

In 2022, the average plastic pipe and hose import price amounted to $X per ton, waning by X% against the previous year. Overall, the import price, however, saw a relatively flat trend pattern. The growth pace was the most rapid in 2021 an increase of X%. As a result, import price reached the peak level of $X per ton, and then declined in the following year.

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 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 the UK (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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