Norway: Plastic Household Ware Market 2024

Plastic Household Ware Market Size in Norway

In 2021, the Norwegian plastic household ware market increased by 14% to $X, rising for the second consecutive year after two years of decline. In general, consumption recorded a relatively flat trend pattern. Over the period under review, the market hit record highs at $X in 2012; however, from 2013 to 2021, consumption remained at a lower figure.

Plastic Household Ware Exports

Exports from Norway

In 2021, overseas shipments of plastics household articles and toilet articles increased by 1.5% to X tons, rising for the second year in a row after three years of decline. In general, exports, however, continue to indicate a pronounced downturn. The pace of growth was the most pronounced in 2016 with an increase of 117% against the previous year. As a result, the exports attained the peak of X tons. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

In value terms, plastic household ware exports soared to $X in 2021. Over the period under review, exports, however, showed a pronounced descent. The pace of growth was the most pronounced in 2016 with an increase of 72%. As a result, the exports reached the peak of $X. From 2017 to 2021, the growth of the exports remained at a somewhat lower figure.

Exports by Country

Sweden (X tons), Denmark (X tons) and Romania (X tons) were the main destinations of plastic household ware exports from Norway, together comprising 76% of total exports. The Netherlands, Finland and Poland lagged somewhat behind, together comprising a further 12%.

From 2012 to 2021, the biggest increases were recorded for the Netherlands (with a CAGR of +15.8%), while shipments for the other leaders experienced a decline.

In value terms, Sweden ($X) remains the key foreign market for plastics household articles and toilet articles exports from Norway, comprising 69% of total exports. The second position in the ranking was taken by Denmark ($X), with a 14% share of total exports. It was followed by Romania, with a 1.4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Sweden stood at +3.9%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-11.6% per year) and Romania (+12.2% per year).

Export Prices by Country

In 2021, the average plastic household ware export price amounted to $X per ton, increasing by 37% against the previous year. Over the period under review, export price indicated a tangible increase from 2012 to 2021: its price increased at an average annual rate of +2.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, plastic household ware export price increased by +100.1% against 2016 indices. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of destination: the country with the highest price was Sweden ($X per ton), while the average price for exports to the Netherlands ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Romania (+15.7%), while the prices for the other major destinations experienced mixed trend patterns.

Plastic Household Ware Imports

Imports into Norway

Plastic household ware imports into Norway fell to X tons in 2021, waning by -4.8% on 2020 figures. Overall, imports showed a relatively flat trend pattern. The pace of growth appeared the most rapid in 2020 when imports increased by 14% against the previous year. Over the period under review, imports attained the peak figure at X tons in 2012; however, from 2013 to 2021, imports failed to regain momentum.

In value terms, plastic household ware imports surged to $X in 2021. In general, imports recorded a relatively flat trend pattern. Imports peaked at $X in 2012; however, from 2013 to 2021, imports failed to regain momentum.

Imports by Country

China (X tons), Poland (X tons) and Sweden (X tons) were the main suppliers of plastic household ware imports to Norway, with a combined 59% share of total imports. Italy, Finland, Denmark, Germany, Belgium, India, Taiwan (Chinese), the Netherlands, France and the UK lagged somewhat behind, together comprising a further 28%.

From 2012 to 2021, the biggest increases were recorded for Finland (with a CAGR of +24.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, China ($X) constituted the largest supplier of plastics household articles and toilet articles to Norway, comprising 35% of total imports. The second position in the ranking was held by Poland ($X), with a 14% share of total imports. It was followed by Sweden, with an 8.5% share.

From 2012 to 2021, the average annual rate of growth in terms of value from China amounted to +4.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Poland (+3.4% per year) and Sweden (-1.0% per year).

Import Prices by Country

In 2021, the average plastic household ware import price amounted to $X per ton, picking up by 24% against the previous year. In general, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably country of origin: the country with the highest price was France ($X per ton), while the price for India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Finland (+4.3%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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