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Report Norway - Polypropylene in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights for 499$
Report Update Nov 1, 2024

Norway - Polypropylene in Primary Forms - Market Analysis, Forecast, Size, Trends and Insights

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Norway: Market for Polypropylene in Primary Forms 2024

Market Size for Polypropylene in Primary Forms in Norway

In 2022, the Norwegian polypropylene in primary forms market increased by 27% to $X, rising for the sixth consecutive year after two years of decline. Over the period under review, consumption posted a resilient increase. Over the period under review, the market attained the peak level in 2022 and is likely to continue growth in the immediate term.

Exports of Polypropylene in Primary Forms

Exports from Norway

In 2022, exports of polypropylene in primary forms from Norway shrank significantly to X tons, dropping by -40.2% on 2021 figures. Over the period under review, exports, however, showed a prominent expansion. The growth pace was the most rapid in 2021 with an increase of 407%. As a result, the exports reached the peak of X tons, and then reduced sharply in the following year.

In value terms, polypropylene in primary forms exports reduced remarkably to $X in 2022. In general, exports, however, recorded a resilient increase. The most prominent rate of growth was recorded in 2021 with an increase of 1,017% against the previous year. As a result, the exports reached the peak of $X, and then declined dramatically in the following year.

Exports by Country

Sweden (X tons) was the main destination for polypropylene in primary forms exports from Norway, with a 34% share of total exports. Moreover, polypropylene in primary forms exports to Sweden exceeded the volume sent to the second major destination, Serbia (X tons), threefold. The third position in this ranking was taken by Belgium (X tons), with a 2% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden stood at +48.6%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (-66.3% per year) and Belgium (-9.5% per year).

In value terms, Sweden ($X) emerged as the key foreign market for polypropylene in primary forms exports from Norway, comprising 33% of total exports. The second position in the ranking was taken by Serbia ($X), with a 15% share of total exports. It was followed by the UK, with a 5.7% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Sweden totaled +47.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Serbia (-73.7% per year) and the UK (+39.9% per year).

Export Prices by Country

In 2022, the average polypropylene in primary forms export price amounted to $X per ton, with a decrease of -8.9% against the previous year. In general, the export price, however, showed a slight increase. The pace of growth was the most pronounced in 2021 an increase of 121%. The export price peaked at $X per ton in 2014; however, from 2015 to 2022, the export prices failed to regain momentum.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Belgium ($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 Germany (+7.8%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Polypropylene in Primary Forms

Imports into Norway

In 2022, approx. X tons of polypropylene in primary forms were imported into Norway; picking up by 19% compared with the previous year. Over the period under review, imports recorded a strong increase. The pace of growth was the most pronounced in 2013 when imports increased by 171% against the previous year. Over the period under review, imports reached the maximum in 2022 and are expected to retain growth in the immediate term.

In value terms, polypropylene in primary forms imports rose markedly to $X in 2022. In general, imports continue to indicate strong growth. The most prominent rate of growth was recorded in 2013 when imports increased by 159%. Imports peaked in 2022 and are likely to see steady growth in years to come.

Imports by Country

Ireland (X tons), the UK (X tons) and Finland (X tons) were the main suppliers of polypropylene in primary forms imports to Norway, with a combined 69% share of total imports.

From 2012 to 2022, the biggest increases were recorded for Ireland (with a CAGR of +136.6%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest polypropylene in primary forms suppliers to Norway were the UK ($X), Ireland ($X) and Finland ($X), together comprising 70% of total imports.

In terms of the main suppliers, Ireland, with a CAGR of +89.1%, 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

The average polypropylene in primary forms import price stood at $X per ton in 2022, waning by -6.2% against the previous year. In general, the import price, however, continues to indicate a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 an increase of 60% against the previous year. As a result, import price attained the peak level of $X per ton, and then fell in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Denmark ($X per ton), while the price for Belgium ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Denmark (+14.9%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

The country with the largest volume of polypropylene in primary forms consumption was China, accounting for 23% of total volume. Moreover, polypropylene in primary forms consumption in China exceeded the figures recorded by the second-largest consumer, India, twofold. The United States ranked third in terms of total consumption with a 9.4% share.
The countries with the highest volumes of in 2021 were China, the United States and India, with a combined 38% share of global production. Saudi Arabia, Brazil, South Korea, Japan, Russia, Thailand, Belgium, Germany, Iran and the United Arab Emirates lagged somewhat behind, together accounting for a further 34%.
In value terms, Finland constituted the largest supplier of polypropylene in primary forms to Norway, comprising 53% of total imports. The second position in the ranking was occupied by the UK, with an 18% share of total imports. It was followed by Belgium, with a 6.7% share.
In value terms, the largest markets for polypropylene in primary forms exported from Norway were Serbia, India and Sweden, with a combined 78% share of total exports.
In 2021, the average polypropylene in primary forms export price amounted to $1,274 per ton, shrinking by -9.5% against the previous year.
In 2021, the average polypropylene in primary forms import price amounted to $1,462 per ton, surging by 4.3% against the previous year.

This report provides an in-depth analysis of the market for polypropylene in primary forms in Norway. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2030.

Product coverage:

  • Prodcom 20165130 - Polypropylene, in primary forms

Country coverage:

  • Norway

Data coverage:

  • Market volume and value
  • Per Capita consumption
  • Forecast of the market dynamics in the medium term
  • Trade (exports and imports) in Norway
  • Export and import prices
  • Market trends, drivers and restraints
  • Key market players and their profiles

Reasons to buy this report:

  • Take advantage of the latest data
  • Find deeper insights into current market developments
  • Discover vital success factors affecting the market

This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:

  1. How to diversify your business and benefit from new market opportunities
  2. How to load your idle production capacity
  3. How to boost your sales on overseas markets
  4. How to increase your profit margins
  5. How to make your supply chain more sustainable
  6. How to reduce your production and supply chain costs
  7. How to outsource production to other countries
  8. How to prepare your business for global expansion

While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.

  1. 1. INTRODUCTION

    Making Data-Driven Decisions to Grow Your Business

    1. REPORT DESCRIPTION
    2. RESEARCH METHODOLOGY AND AI PLATFORM
    3. DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
    4. GLOSSARY AND SPECIFIC TERMS

  2. 2. EXECUTIVE SUMMARY

    A Quick Overview of Market Performance

    1. KEY FINDINGS
    2. MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO

  3. 3. MARKET OVERVIEW

    Understanding the Current State of The Market and Its Prospects

    1. MARKET SIZE
    2. MARKET STRUCTURE
    3. TRADE BALANCE
    4. PER CAPITA CONSUMPTION
    5. MARKET FORECAST TO 2030

  4. 4. MOST PROMISING PRODUCT

    Finding New Products to Diversify Your Business

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
    2. BEST-SELLING PRODUCTS
    3. MOST CONSUMED PRODUCT
    4. MOST TRADED PRODUCT
    5. MOST PROFITABLE PRODUCT FOR EXPORT

  5. 5. MOST PROMISING SUPPLYING COUNTRIES

    Choosing the Best Countries to Establish Your Sustainable Supply Chain

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP COUNTRIES TO SOURCE YOUR PRODUCT
    2. TOP PRODUCING COUNTRIES
    3. TOP EXPORTING COUNTRIES
    4. LOW-COST EXPORTING COUNTRIES

  6. 6. MOST PROMISING OVERSEAS MARKETS

    Choosing the Best Countries to Boost Your Exports

    This Chapter is Available Only for the Professional Edition PRO
    1. TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
    2. TOP CONSUMING MARKETS
    3. UNSATURATED MARKETS
    4. TOP IMPORTING MARKETS
    5. MOST PROFITABLE MARKETS

  7. 7. PRODUCTION

    The Latest Trends and Insights into The Industry

    1. PRODUCTION VOLUME AND VALUE

  8. 8. IMPORTS

    The Largest Import Supplying Countries

    1. IMPORTS FROM 2012–2023
    2. IMPORTS BY COUNTRY
    3. IMPORT PRICES BY COUNTRY

  9. 9. EXPORTS

    The Largest Destinations for Exports

    1. EXPORTS FROM 2012–2023
    2. EXPORTS BY COUNTRY
    3. EXPORT PRICES BY COUNTRY

  10. 10. PROFILES OF MAJOR PRODUCERS

    The Largest Producers on The Market and Their Profiles

    This Chapter is Available Only for the Professional Edition PRO

  11. LIST OF TABLES

    1. Key Findings In 2023
    2. Market Volume, In Physical Terms, 2012–2023
    3. Market Value, 2012–2023
    4. Per Capita Consumption In 2012-2023
    5. Imports, In Physical Terms, By Country, 2012–2023
    6. Imports, In Value Terms, By Country, 2012–2023
    7. Import Prices, By Country Of Origin, 2012–2023
    8. Exports, In Physical Terms, By Country, 2012–2023
    9. Exports, In Value Terms, By Country, 2012–2023
    10. Export Prices, By Country Of Destination, 2012–2023

  12. LIST OF FIGURES

    1. Market Volume, In Physical Terms, 2012–2023
    2. Market Value, 2012–2023
    3. Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
    4. Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
    5. Trade Balance, In Physical Terms, 2012-2023
    6. Trade Balance, In Value Terms, 2012-2023
    7. Per Capita Consumption, 2012-2023
    8. Market Volume Forecast to 2030
    9. Market Value Forecast to 2030
    10. Products: Market Size And Growth, By Type
    11. Products: Average Per Capita Consumption, By Type
    12. Products: Exports And Growth, By Type
    13. Products: Export Prices And Growth, By Type
    14. Production Volume And Growth
    15. Exports And Growth
    16. Export Prices And Growth
    17. Market Size And Growth
    18. Per Capita Consumption
    19. Imports And Growth
    20. Import Prices
    21. Production, In Physical Terms, 2012–2023
    22. Production, In Value Terms, 2012–2023
    23. Imports, In Physical Terms, 2012–2023
    24. Imports, In Value Terms, 2012–2023
    25. Imports, In Physical Terms, By Country, 2023
    26. Imports, In Physical Terms, By Country, 2012–2023
    27. Imports, In Value Terms, By Country, 2012–2023
    28. Import Prices, By Country Of Origin, 2012–2023
    29. Exports, In Physical Terms, 2012–2023
    30. Exports, In Value Terms, 2012–2023
    31. Exports, In Physical Terms, By Country, 2023
    32. Exports, In Physical Terms, By Country, 2012–2023
    33. Exports, In Value Terms, By Country, 2012–2023
    34. Export Prices, By Country Of Destination, 2012–2023

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