Report Update Nov 1, 2024

Norway - Reclaimed Rubber - Market Analysis, Forecast, Size, Trends and Insights

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Norway: Reclaimed Rubber Market 2024

Reclaimed Rubber Market Size in Norway

The Norwegian reclaimed rubber market skyrocketed to $X in 2021, picking up by 16% 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). In general, consumption, however, recorded a abrupt decline. As a result, consumption attained the peak level of $X. From 2015 to 2021, the growth of the market remained at a lower figure.

Reclaimed Rubber Exports

Exports from Norway

In 2021, approx. X kg of reclaimed rubber were exported from Norway; jumping by 295% on the previous year's figure. Over the period under review, exports, however, faced a precipitous contraction. The most prominent rate of growth was recorded in 2019 with an increase of 890% against the previous year. The exports peaked at X tons in 2012; however, from 2013 to 2021, the exports remained at a lower figure.

In value terms, reclaimed rubber exports shrank dramatically to $X in 2021. In general, exports, however, showed a dramatic decline. The growth pace was the most rapid in 2019 when exports increased by 913%. Over the period under review, the exports reached the maximum at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

Angola (X kg) was the main destination for reclaimed rubber exports from Norway, accounting for a 85% share of total exports. Moreover, reclaimed rubber exports to Angola exceeded the volume sent to the second major destination, Denmark (X kg), tenfold. The United States (X kg) ranked third in terms of total exports with a 5% share.

From 2012 to 2021, the average annual rate of growth in terms of volume to Angola was relatively modest. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (-49.8% per year) and the United States (-9.2% per year).

In value terms, the largest markets for reclaimed rubber exported from Norway were the United States ($X), Estonia ($X) and Angola ($X), together comprising 86% of total exports.

Estonia, with a CAGR of 0.0%, recorded the highest rates of growth with regard to the value of exports, in terms of the main countries of destination over the period under review, while shipments for the other leaders experienced mixed trend patterns.

Export Prices by Country

The average reclaimed rubber export price stood at $X per ton in 2021, reducing by -87.7% against the previous year. Over the period under review, the export price, however, continues to indicate prominent growth. The most prominent rate of growth was recorded in 2013 an increase of 440% against the previous year. The export price peaked at $X per ton in 2020, and then contracted significantly in the following year.

There were significant differences in the average prices for the major overseas markets. In 2021, amid the top suppliers, the country with the highest price was Estonia ($X per ton), while the average price for exports to Angola ($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 Germany (+23.3%), while the prices for the other major destinations experienced mixed trend patterns.

Reclaimed Rubber Imports

Imports into Norway

Reclaimed rubber imports into Norway surged to X tons in 2021, picking up by 19% against the previous year's figure. In general, imports, however, saw a abrupt descent. The pace of growth appeared the most rapid in 2014 with an increase of 171%. As a result, imports reached the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, reclaimed rubber imports rose notably to $X in 2021. Over the period under review, imports, however, recorded a abrupt curtailment. The most prominent rate of growth was recorded in 2014 with an increase of 147% against the previous year. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports failed to regain momentum.

Imports by Country

Germany (X tons), the UK (X tons) and China (X tons) were the main suppliers of reclaimed rubber imports to Norway, together comprising 84% of total imports.

From 2012 to 2021, the biggest increases were recorded for the UK (with a CAGR of +209.2%), while purchases for the other leaders experienced mixed trend patterns.

In value terms, the largest reclaimed rubber suppliers to Norway were China ($X), the UK ($X) and Germany ($X), with a combined 67% share of total imports.

The UK, with a CAGR of +106.8%, recorded 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 mixed trend patterns.

Import Prices by Country

The average reclaimed rubber import price stood at $X per ton in 2021, reducing by -4.4% against the previous year. In general, the import price, however, enjoyed a prominent expansion. The pace of growth appeared the most rapid in 2017 when the average import price increased by 113% against the previous year. The import price peaked at $X per ton in 2019; however, from 2020 to 2021, 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 China ($X per ton), while the price for Germany ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Denmark (+6.0%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

What are the largest markets for reclaimed rubber in the world?

China constituted the country with the largest volume of reclaimed rubber consumption, comprising approx. 21% of total volume. Moreover, reclaimed rubber consumption in China exceeded the figures recorded by the second-largest consumer, the U.S., twofold. The third position in this ranking was occupied by India, with a 8.5% share.

What are the largest producers of reclaimed rubber in the world?

The countries with the highest volumes of reclaimed rubber production in 2020 were China, India and the U.S., together accounting for 38% of global production. These countries were followed by Canada, Japan, the UK, Russia, Thailand, Brazil, Indonesia, France, Turkey and Malaysia, which together accounted for a further 33%.

What are the leading suppliers of reclaimed rubber to Norway?

In value terms, the UK constituted the largest supplier of reclaimed rubber to Norway, comprising 58% of total imports. The second position in the ranking was occupied by China, with a 14% share of total imports. It was followed by Italy, with a 5.1% share.

What are the leading importers of reclaimed rubber from Norway?

In value terms, the U.S. remains the key foreign market for reclaimed rubber exports from Norway, comprising 92% of total exports. The second position in the ranking was occupied by the UK $716), with a 8.4% share of total exports.

What is the average export price for reclaimed rubber in Norway?

In 2020, the average reclaimed rubber export price amounted to $34,048 per ton, picking up by 995% against the previous year.

What is the average import price for reclaimed rubber in Norway?

The average reclaimed rubber import price stood at $706 per ton in 2020, declining by -2.5% against the previous year.

This report provides an in-depth analysis of the reclaimed rubber 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:

Prodcom 22191000 - Reclaimed rubber in primary forms or in plates, sheets or strips

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
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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
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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. 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. 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. 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. 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. 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. 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. PRODUCTION

The Latest Trends and Insights into The Industry
1. PRODUCTION VOLUME AND VALUE
8. IMPORTS
The Largest Import Supplying Countries
1. IMPORTS FROM 2012–2023
2. IMPORTS BY COUNTRY
3. IMPORT PRICES BY COUNTRY
9. EXPORTS
The Largest Destinations for Exports
1. EXPORTS FROM 2012–2023
2. EXPORTS BY COUNTRY
3. EXPORT PRICES BY COUNTRY
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
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
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