Norway: Market for Ready-Mixed Concrete And Factory Made Mortars 2024

Market Size for Ready-Mixed Concrete And Factory Made Mortars in Norway

In 2022, the Norwegian market for ready-mixed concrete and factory made mortars increased by X% to $X, rising for the second consecutive year after two years of decline. Overall, consumption saw significant growth. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Production of Ready-Mixed Concrete And Factory Made Mortars in Norway

In value terms, production of ready-mixed concrete and factory made mortars soared to $X in 2022 estimated in export price. The total output value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, production reached the peak level and is likely to continue growth in the immediate term.

Exports of Ready-Mixed Concrete And Factory Made Mortars

Exports from Norway

Exports of ready-mixed concrete and factory made mortars from Norway shrank slightly to X tons in 2022, leveling off at the year before. Over the period under review, total exports indicated a perceptible expansion from 2012 to 2022: its volume increased at an average annual rate of X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by X% against 2020 indices. The most prominent rate of growth was recorded in 2017 with an increase of X%. The exports peaked at X tons in 2021, and then declined modestly in the following year.

In value terms, exports of ready-mixed concrete and factory made mortars expanded modestly to $X in 2022. The total export value increased at an average annual rate of X% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2021 when exports increased by X% against the previous year. The exports peaked at $X in 2018; however, from 2019 to 2022, the exports stood at a somewhat lower figure.

Exports by Country

Sweden (X tons) was the main destination for exports of ready-mixed concrete and factory made mortars from Norway, accounting for a X% share of total exports. Moreover, exports of ready-mixed concrete and factory made mortars to Sweden exceeded the volume sent to the second major destination, Iceland (X tons), fivefold. Finland (X tons) ranked third in terms of total exports with an X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden amounted to X%. Exports to the other major destinations recorded the following average annual rates of exports growth: Iceland (X% per year) and Finland (X% per year).

In value terms, Sweden ($X) remains the key foreign market for ready-mixed concrete and factory made mortars exports from Norway, comprising X% of total exports. The second position in the ranking was taken by Iceland ($X), with an X% share of total exports. It was followed by Finland, with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Sweden was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Iceland (X% per year) and Finland (X% per year).

Export Prices by Country

In 2022, the average export price for ready-mixed concrete and factory made mortars amounted to $X per ton, with an increase of X% against the previous year. Over the period under review, the export price, however, showed a slight setback. The pace of growth appeared the most rapid in 2021 an increase of X%. Over the period under review, the average export prices reached the peak figure at $X per ton in 2013; however, from 2014 to 2022, the export prices failed to regain momentum.

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

Imports of Ready-Mixed Concrete And Factory Made Mortars

Imports into Norway

In 2022, after five years of decline, there was significant growth in purchases abroad of ready-mixed concrete and factory made mortars, when their volume increased by X% to X tons. In general, imports, however, saw a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when imports increased by X%. As a result, imports reached the peak of X tons. From 2017 to 2022, the growth of imports of failed to regain momentum.

In value terms, imports of ready-mixed concrete and factory made mortars reached $X in 2022. Over the period under review, imports, however, recorded a mild descent. The most prominent rate of growth was recorded in 2016 when imports increased by X%. Over the period under review, imports of reached the maximum at $X in 2012; however, from 2013 to 2022, imports remained at a lower figure.

Imports by Country

In 2022, Sweden (X tons) constituted the largest ready-mixed concrete and factory made mortar supplier to Norway, accounting for a X% share of total imports. Moreover, imports of ready-mixed concrete and factory made mortars from Sweden exceeded the figures recorded by the second-largest supplier, Germany (X tons), threefold. The Netherlands (X tons) ranked third in terms of total imports with a X% share.

From 2012 to 2022, the average annual rate of growth in terms of volume from Sweden stood at X%. The remaining supplying countries recorded the following average annual rates of imports growth: Germany (X% per year) and the Netherlands (X% per year).

In value terms, Germany ($X), Sweden ($X) and Denmark ($X) appeared to be the largest ready-mixed concrete and factory made mortar suppliers to Norway, together accounting for X% of total imports. Italy and the Netherlands lagged somewhat behind, together accounting for a further X%.

Italy, with a CAGR of X%, saw the highest rates of growth with regard to the value of imports, among the main suppliers over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2022, the average import price for ready-mixed concrete and factory made mortars amounted to $X per ton, shrinking by X% against the previous year. Over the period under review, the import price recorded a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 an increase of X% against the previous year. The import price peaked at $X per ton in 2012; however, from 2013 to 2022, import prices stood at a somewhat lower figure.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Italy ($X per ton), while the price for the Netherlands ($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 (X%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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