Norway: Market for Plasticised Mixed Polyvinyl Chloride in Primary Forms 2024

Market Size for Plasticised Mixed Polyvinyl Chloride in Primary Forms in Norway

The Norwegian market for plasticised mixed polyvinyl chloride in primary forms fell to $X in 2022, dropping by -13.1% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Overall, consumption, however, enjoyed a moderate increase. Over the period under review, the market attained the maximum level at $X in 2021, and then dropped in the following year.

Exports of Plasticised Mixed Polyvinyl Chloride in Primary Forms

Exports from Norway

In 2022, after two years of growth, there was significant decline in overseas shipments of plasticised mixed polyvinyl chloride in primary forms, when their volume decreased by -15.6% to X tons. In general, exports showed a deep setback. The most prominent rate of growth was recorded in 2017 with an increase of 181% against the previous year. As a result, the exports attained the peak of X tons. From 2018 to 2022, the growth of the exports of remained at a somewhat lower figure.

In value terms, exports of plasticised mixed polyvinyl chloride in primary forms declined to $X in 2022. Over the period under review, exports, however, enjoyed slight growth. The most prominent rate of growth was recorded in 2017 with an increase of 97%. As a result, the exports attained the peak of $X. From 2018 to 2022, the growth of the exports of failed to regain momentum.

Exports by Country

China (X tons), Egypt (X tons) and the United States (X tons) were the main destinations of exports of plasticised mixed polyvinyl chloride in primary forms from Norway, with a combined 100% share of total exports.

From 2012 to 2022, the biggest increases were recorded for China (with a CAGR of +108.1%), while shipments for the other leaders experienced more modest paces of growth.

In value terms, China ($X) emerged as the key foreign market for plasticised mixed polyvinyl chloride in primary forms exports from Norway, comprising 73% of total exports. The second position in the ranking was held by Egypt ($X), with a 22% share of total exports.

From 2012 to 2022, the average annual growth rate of value to China amounted to +98.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Egypt (+45.9% per year) and the United States (-11.1% per year).

Export Prices by Country

The average export price for plasticised mixed polyvinyl chloride in primary forms stood at $X per ton in 2022, with an increase of 3.1% against the previous year. Over the period under review, the export price posted a resilient expansion. The most prominent rate of growth was recorded in 2019 an increase of 84%. Over the period under review, the average export prices reached the peak figure in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was China ($X per ton), while the average price for exports to Egypt ($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 Egypt (-0.0%), while the prices for the other major destinations experienced a decline.

Imports of Plasticised Mixed Polyvinyl Chloride in Primary Forms

Imports into Norway

In 2022, approx. X tons of plasticised mixed polyvinyl chloride in primary forms were imported into Norway; which is down by -22.7% against the previous year's figure. Over the period under review, imports saw a perceptible setback. The most prominent rate of growth was recorded in 2014 when imports increased by 27% against the previous year. Imports peaked at X tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, imports of plasticised mixed polyvinyl chloride in primary forms shrank to $X in 2022. In general, total imports indicated a slight increase from 2012 to 2022: its value increased at an average annual rate of +1.3% 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 +50.4% against 2020 indices. The growth pace was the most rapid in 2021 when imports increased by 60%. Over the period under review, imports of hit record highs at $X in 2014; however, from 2015 to 2022, imports stood at a somewhat lower figure.

Imports by Country

In 2022, Sweden (X tons) constituted the largest supplier of plasticised mixed polyvinyl chloride in primary forms to Norway, with a 84% share of total imports. Moreover, imports of plasticised mixed polyvinyl chloride in primary forms from Sweden exceeded the figures recorded by the second-largest supplier, the UK (X tons), more than tenfold.

From 2012 to 2022, the average annual growth rate of volume from Sweden totaled -3.8%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+66.6% per year) and Poland (+30.0% per year).

In value terms, Sweden ($X) constituted the largest supplier of plasticised mixed polyvinyl chloride in primary forms to Norway, comprising 74% of total imports. The second position in the ranking was held by the UK ($X), with a 17% share of total imports.

From 2012 to 2022, the average annual rate of growth in terms of value from Sweden stood at -1.1%. The remaining supplying countries recorded the following average annual rates of imports growth: the UK (+52.5% per year) and Poland (+31.8% per year).

Import Prices by Country

The average import price for plasticised mixed polyvinyl chloride in primary forms stood at $X per ton in 2022, surging by 22% against the previous year. Over the period under review, import price indicated a notable expansion from 2012 to 2022: its price increased at an average annual rate of +3.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, import price for plasticised mixed polyvinyl chloride in primary forms increased by +73.6% against 2019 indices. The growth pace was the most rapid in 2021 an increase of 42% against the previous year. The import price peaked in 2022 and is expected to retain growth in the near future.

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 Sweden (+2.8%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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