Norway: Prisms And Mirrors Market 2025

Prisms And Mirrors Market Size in Norway

The Norwegian prisms and mirrors market rose sharply to $X in 2022, increasing by 8% 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 continues to indicate a relatively flat trend pattern. Over the period under review, the market attained the peak level at $X in 2013; however, from 2014 to 2022, consumption remained at a lower figure.

Prisms And Mirrors Exports

Exports from Norway

For the third year in a row, Norway recorded growth in overseas shipments of prisms and mirrors, which increased by 52% to X tons in 2022. Overall, exports continue to indicate a significant expansion. The most prominent rate of growth was recorded in 2013 when exports increased by 409%. Over the period under review, the exports hit record highs in 2022 and are likely to continue growth in the immediate term.

In value terms, prisms and mirrors exports soared to $X in 2022. Over the period under review, exports continue to indicate a significant expansion. The pace of growth appeared the most rapid in 2013 when exports increased by 1,669% against the previous year. As a result, the exports attained the peak of $X. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

Exports by Country

The United States (X kg), Germany (X kg) and the Netherlands (X kg) were the main destinations of prisms and mirrors exports from Norway, together accounting for 62% of total exports.

From 2012 to 2022, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the United States (with a CAGR of +85.1%), while the other leaders experienced more modest paces of growth.

In value terms, Germany ($X), the United States ($X) and Denmark ($X) appeared to be the largest markets for prisms and mirrors exported from Norway worldwide, with a combined 55% share of total exports. The Netherlands, Sweden, the UK, China, Slovakia, Spain, Croatia, Romania, Lithuania and Cyprus lagged somewhat behind, together comprising a further 29%.

Among the main countries of destination, the Netherlands, with a CAGR of +60.8%, recorded the highest growth rate of the value of exports, over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

The average prisms and mirrors export price stood at $X per ton in 2022, with a decrease of -18.8% against the previous year. In general, the export price showed a deep slump. The most prominent rate of growth was recorded in 2013 when the average export price increased by 248% against the previous year. As a result, the export price reached the peak level of $X per ton. From 2014 to 2022, the average export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was the UK ($X per ton), while the average price for exports to Romania ($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 the UK (+7.5%), while the prices for the other major destinations experienced mixed trend patterns.

Prisms And Mirrors Imports

Imports into Norway

In 2022, the amount of prisms and mirrors imported into Norway reduced to X tons, waning by -13.6% compared with the year before. In general, imports continue to indicate a mild decline. The pace of growth was the most pronounced in 2019 when imports increased by 43% against the previous year. Over the period under review, imports hit record highs at X tons in 2013; however, from 2014 to 2022, imports remained at a lower figure.

In value terms, prisms and mirrors imports skyrocketed to $X in 2022. The total import value increased at an average annual rate of +1.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

The UK (X tons), Germany (X tons) and China (X tons) were the main suppliers of prisms and mirrors imports to Norway, with a combined 71% share of total imports. The United States, South Korea, Greece, Switzerland, Sweden, Taiwan (Chinese), Japan, Denmark and Hong Kong SAR lagged somewhat behind, together comprising a further 20%.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Greece (with a CAGR of +48.8%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest prisms and mirrors suppliers to Norway were Germany ($X), China ($X) and Greece ($X), together comprising 56% of total imports.

Among the main suppliers, Greece, with a CAGR of +110.7%, 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 prisms and mirrors import price stood at $X per ton in 2022, increasing by 54% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +2.3%. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

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

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Greece (+41.6%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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