Norway - Raw Silk (Not Thrown) - Market Analysis, Forecast, Size, Trends and Insights
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View PricingNorway: Raw Silk Market 2024
Raw Silk Market Size in Norway
The Norwegian raw silk market totaled $X in 2022, growing by 9.2% against the previous year. In general, consumption, however, posted prominent growth. Over the period under review, the market hit record highs in 2022 and is expected to retain growth in the near future.
Raw Silk Production in Norway
In value terms, raw silk production declined markedly to $X in 2022 estimated in export price. Over the period under review, production, however, saw a significant increase. The most prominent rate of growth was recorded in 2015 when the production volume increased by 70,100%. Raw silk production peaked at $X in 2019; however, from 2020 to 2022, production stood at a somewhat lower figure.
In 2022, the average yield of raw silk in Norway totaled less than X kg per ha, remaining stable against the previous year's figure. In general, the yield continues to indicate a relatively flat trend pattern. Despite the increased use of modern agricultural techniques and methods, future yield figures may still be impacted by adverse weather conditions.
The raw silk harvested area in Norway stood at less than X ha in 2022, flattening at the previous year. Overall, the harvested area recorded a relatively flat trend pattern.
Raw Silk Exports
Exports from Norway
In 2022, overseas shipments of raw silk decreased by -90.7% to X kg, falling for the third year in a row after two years of growth. Overall, exports continue to indicate a abrupt setback. The most prominent rate of growth was recorded in 2018 when exports increased by 465%. Over the period under review, the exports attained the maximum at X kg in 2019; however, from 2020 to 2022, the exports stood at a somewhat lower figure.
In value terms, raw silk exports fell markedly to $X in 2022. In general, exports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2018 with an increase of 462%. Over the period under review, the exports reached the peak figure at $X in 2019; however, from 2020 to 2022, the exports remained at a lower figure.
Exports by Country
Sweden (X kg) was the main destination for raw silk exports from Norway, with a approx. 100% share of total exports.
From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden amounted to +14.9%.
In value terms, Sweden ($X) also remains the key foreign market for raw silk exports from Norway.
From 2012 to 2022, the average annual rate of growth in terms of value to Sweden stood at +64.0%.
Export Prices by Country
In 2022, the average raw silk export price amounted to $X per ton, with an increase of 27% against the previous year. In general, the export price posted prominent growth. The growth pace was the most rapid in 2013 when the average export price increased by 91%. The export price peaked at $X per ton in 2016; however, from 2017 to 2022, the export prices failed to regain momentum.
As there is only one major export destination, the average price level is determined by prices for Sweden.
From 2012 to 2022, the rate of growth in terms of prices for Sweden amounted to +42.7% per year.
Raw Silk Imports
Imports into Norway
After four years of growth, supplies from abroad of raw silk decreased by -15.3% to X kg in 2022. Overall, imports, however, posted buoyant growth. The most prominent rate of growth was recorded in 2020 when imports increased by 180% against the previous year. Imports peaked at X kg in 2021, and then dropped sharply in the following year.
In value terms, raw silk imports soared to $X in 2022. Over the period under review, imports, however, posted a buoyant expansion. The growth pace was the most rapid in 2018 when imports increased by 394%. Imports peaked in 2022 and are likely to see steady growth in the near future.
Imports by Country
In 2022, India (X kg) constituted the largest raw silk supplier to Norway, accounting for a 74% share of total imports. Moreover, raw silk imports from India exceeded the figures recorded by the second-largest supplier, Denmark (X kg), sixfold. The third position in this ranking was taken by Australia (X kg), with a 5.7% share.
From 2012 to 2022, the average annual rate of growth in terms of volume from India stood at +46.3%. The remaining supplying countries recorded the following average annual rates of imports growth: Denmark (-7.6% per year) and Australia (+21.5% per year).
In value terms, India ($X) constituted the largest supplier of raw silk to Norway, comprising 79% of total imports. The second position in the ranking was taken by Australia ($X), with an 8.2% share of total imports. It was followed by Denmark, with a 6.2% share.
From 2012 to 2022, the average annual rate of growth in terms of value from India stood at +44.2%. The remaining supplying countries recorded the following average annual rates of imports growth: Australia (+31.1% per year) and Denmark (+5.1% per year).
Import Prices by Country
The average raw silk import price stood at $X per ton in 2022, rising by 62% against the previous year. Over the period under review, the import price recorded a strong increase. The most prominent rate of growth was recorded in 2018 an increase of 249% against the previous year. As a result, import price reached the peak level of $X per ton. From 2019 to 2022, the average import prices remained at a lower figure.
Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Australia ($X per ton), while the price for Sweden ($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 Netherlands (+18.9%), while the prices for the other major suppliers experienced more modest paces of growth.
Source: IndexBox Platform
Frequently Asked Questions (FAQ) :
This report provides an in-depth analysis of the raw silk market 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:
- FCL 1186 - Silk, Raw
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:
- How to diversify your business and benefit from new market opportunities
- How to load your idle production capacity
- How to boost your sales on overseas markets
- How to increase your profit margins
- How to make your supply chain more sustainable
- How to reduce your production and supply chain costs
- How to outsource production to other countries
- 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.
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1. INTRODUCTION
Making Data-Driven Decisions to Grow Your Business
- REPORT DESCRIPTION
- RESEARCH METHODOLOGY AND AI PLATFORM
- DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
- GLOSSARY AND SPECIFIC TERMS
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2. EXECUTIVE SUMMARY
A Quick Overview of Market Performance
- KEY FINDINGS
- MARKET TRENDS This Chapter is Available Only for the Professional Edition PRO
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3. MARKET OVERVIEW
Understanding the Current State of The Market and Its Prospects
- MARKET SIZE
- MARKET STRUCTURE
- TRADE BALANCE
- PER CAPITA CONSUMPTION
- MARKET FORECAST TO 2030
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4. MOST PROMISING PRODUCT
Finding New Products to Diversify Your Business
This Chapter is Available Only for the Professional Edition PRO- TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
- BEST-SELLING PRODUCTS
- MOST CONSUMED PRODUCT
- MOST TRADED PRODUCT
- MOST PROFITABLE PRODUCT FOR EXPORT
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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- TOP COUNTRIES TO SOURCE YOUR PRODUCT
- TOP PRODUCING COUNTRIES
- COUNTRIES WITH TOP YIELDS
- TOP EXPORTING COUNTRIES
- LOW-COST EXPORTING COUNTRIES
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6. MOST PROMISING OVERSEAS MARKETS
Choosing the Best Countries to Boost Your Exports
This Chapter is Available Only for the Professional Edition PRO- TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
- TOP CONSUMING MARKETS
- UNSATURATED MARKETS
- TOP IMPORTING MARKETS
- MOST PROFITABLE MARKETS
7. PRODUCTION
The Latest Trends and Insights into The Industry
- PRODUCTION, HARVESTED AREA AND YIELD
8. IMPORTS
The Largest Import Supplying Countries
- IMPORTS FROM 2012–2023
- IMPORTS BY COUNTRY
- IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
- EXPORTS FROM 2012–2023
- EXPORTS BY COUNTRY
- EXPORT PRICES BY COUNTRY
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10. PROFILES OF MAJOR PRODUCERS
The Largest Producers on The Market and Their Profiles
This Chapter is Available Only for the Professional Edition PRO -
LIST OF TABLES
- Key Findings In 2023
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Per Capita Consumption In 2012-2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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LIST OF FIGURES
- Market Volume, In Physical Terms, 2012–2023
- Market Value, 2012–2023
- Market Structure – Domestic Supply vs. Imports, In Physical Terms, 2012-2023
- Market Structure – Domestic Supply vs. Imports, In Value Terms, 2012-2023
- Trade Balance, In Physical Terms, 2012-2023
- Trade Balance, In Value Terms, 2012-2023
- Per Capita Consumption, 2012-2023
- Market Volume Forecast to 2030
- Market Value Forecast to 2030
- Products: Market Size And Growth, By Type
- Products: Average Per Capita Consumption, By Type
- Products: Exports And Growth, By Type
- Products: Export Prices And Growth, By Type
- Production Volume And Growth
- Yield And Growth
- Exports And Growth
- Export Prices And Growth
- Market Size And Growth
- Per Capita Consumption
- Imports And Growth
- Import Prices
- Production, In Physical Terms, 2012–2023
- Production, In Value Terms, 2012–2023
- Area Harvested, 2012–2023
- Yield, 2012–2023
- Imports, In Physical Terms, 2012–2023
- Imports, In Value Terms, 2012–2023
- Imports, In Physical Terms, By Country, 2023
- Imports, In Physical Terms, By Country, 2012–2023
- Imports, In Value Terms, By Country, 2012–2023
- Import Prices, By Country Of Origin, 2012–2023
- Exports, In Physical Terms, 2012–2023
- Exports, In Value Terms, 2012–2023
- Exports, In Physical Terms, By Country, 2023
- Exports, In Physical Terms, By Country, 2012–2023
- Exports, In Value Terms, By Country, 2012–2023
- Export Prices, By Country Of Destination, 2012–2023
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