Norway: Pyrotechnic Articles Market 2024

Pyrotechnic Articles Market Size in Norway

After two years of growth, the Norwegian pyrotechnic articles market decreased by -2.6% to $X in 2021. In general, the total consumption indicated perceptible growth from 2012 to 2021: its value increased at an average annual rate of +2.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Pyrotechnic articles consumption peaked at $X in 2020, and then dropped in the following year.

Pyrotechnic Articles Exports

Exports from Norway

In 2021, overseas shipments of signalling flares, rain rockets, fog signals and other pyrotechnic articles increased by 864% to X tons, rising for the second consecutive year after three years of decline. Over the period under review, exports, however, recorded a abrupt downturn. The exports peaked at X tons in 2013; however, from 2014 to 2021, the exports stood at a somewhat lower figure.

In value terms, pyrotechnic articles exports skyrocketed to $X in 2021. In general, exports, however, saw a abrupt setback. The exports peaked at $X in 2012; however, from 2013 to 2021, the exports stood at a somewhat lower figure.

Exports by Country

The Netherlands (X tons), the UK (X tons) and Sweden (X kg) were the main destinations of pyrotechnic articles exports from Norway, together comprising 70% of total exports.

From 2012 to 2021, the most notable rate of growth in terms of shipments, amongst the main countries of destination, was attained by the Netherlands (with a CAGR of +93.5%), while the other leaders experienced more modest paces of growth.

In value terms, the largest markets for pyrotechnic articles exported from Norway were the UK ($X), Nigeria ($X) and the Netherlands ($X), together comprising 79% of total exports.

Nigeria, with a CAGR of +214.6%, saw the highest rates of growth with regard to the value of exports, among the main countries of destination over the period under review, while shipments for the other leaders experienced more modest paces of growth.

Export Prices by Country

In 2021, the average pyrotechnic articles export price amounted to $X per ton, remaining stable against the previous year. In general, the export price, however, showed a perceptible shrinkage. The most prominent rate of growth was recorded in 2014 when the average export price increased by 1,358% against the previous year. The export price peaked at $X per ton in 2012; however, from 2013 to 2021, the 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 Nigeria ($X per ton), while the average price for exports to Sweden ($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 Nigeria (+70.2%), while the prices for the other major destinations experienced more modest paces of growth.

Pyrotechnic Articles Imports

Imports into Norway

In 2021, the amount of signalling flares, rain rockets, fog signals and other pyrotechnic articles imported into Norway surged to X tons, jumping by 42% against 2020 figures. Over the period under review, total imports indicated a prominent expansion from 2012 to 2021: its volume increased at an average annual rate of +7.7% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2015 when imports increased by 71%. Imports peaked in 2021 and are likely to continue growth in the near future.

In value terms, pyrotechnic articles imports reduced to $X in 2021. Overall, imports continue to indicate buoyant growth. The pace of growth was the most pronounced in 2019 when imports increased by 94% against the previous year. Imports peaked at $X in 2020, and then shrank in the following year.

Imports by Country

Germany (X tons), Sweden (X tons) and China (X tons) were the main suppliers of pyrotechnic articles imports to Norway, together accounting for 77% of total imports. The Netherlands, the United States, Denmark and the UK lagged somewhat behind, together accounting for a further 23%.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by the Netherlands (with a CAGR of +199.2%), while imports for the other leaders experienced more modest paces of growth.

In value terms, Germany ($X) constituted the largest supplier of signalling flares, rain rockets, fog signals and other pyrotechnic articles to Norway, comprising 43% of total imports. The second position in the ranking was held by Sweden ($X), with a 17% share of total imports. It was followed by the United States, with a 14% share.

From 2012 to 2021, the average annual growth rate of value from Germany amounted to +8.6%. The remaining supplying countries recorded the following average annual rates of imports growth: Sweden (+2.7% per year) and the United States (+81.0% per year).

Import Prices by Country

In 2021, the average pyrotechnic articles import price amounted to $X per ton, waning by -38.2% against the previous year. In general, the import price, however, posted a slight expansion. The most prominent rate of growth was recorded in 2019 an increase of 81% against the previous year. The import price peaked at $X per ton in 2020, and then shrank dramatically in the following year.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the UK (+11.6%), while the prices for the other major suppliers experienced mixed trend patterns.

Source: IndexBox Platform

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