Norway: Market for Straw Or Fodder Balers, Including Pickup Balers 2025

Market Size for Straw Or Fodder Balers, Including Pickup Balers in Norway

The Norwegian straw for fodder balers market declined sharply to $X in 2021, with a decrease of -37.2% 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 saw a deep slump. Straw for fodder balers consumption peaked at $X in 2016; however, from 2017 to 2021, consumption stood at a somewhat lower figure.

Exports of Straw Or Fodder Balers, Including Pickup Balers

Exports from Norway

In 2021, approx. X units of straw or fodder balers, including pickup balers were exported from Norway; picking up by 18% against the year before. In general, exports continue to indicate a resilient increase. The growth pace was the most rapid in 2013 when exports increased by 49%. The exports peaked in 2021 and are likely to see steady growth in the near future.

In value terms, straw for fodder balers exports skyrocketed to $X in 2021. Over the period under review, exports showed a prominent increase. The pace of growth was the most pronounced in 2013 when exports increased by 76%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

China (X units) was the main destination for straw for fodder balers exports from Norway, accounting for a 47% share of total exports. Moreover, straw for fodder balers exports to China exceeded the volume sent to the second major destination, Poland (X units), fourfold. The third position in this ranking was held by Lithuania (X units), with a 7.9% share.

From 2012 to 2021, the average annual growth rate of volume to China amounted to +55.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Poland (-6.3% per year) and Lithuania (+40.3% per year).

In value terms, China ($X) remains the key foreign market for straw or fodder balers, including pickup balers exports from Norway, comprising 62% of total exports. The second position in the ranking was held by Italy ($X), with a 6.4% share of total exports. It was followed by Switzerland, with a 4.8% share.

From 2012 to 2021, the average annual growth rate of value to China totaled +49.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Italy (+25.4% per year) and Switzerland (+7.2% per year).

Export Prices by Country

In 2021, the average straw for fodder balers export price amounted to $X per unit, remaining stable against the previous year. In general, export price indicated a temperate increase from 2012 to 2021: its price increased at an average annual rate of +2.6% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, straw for fodder balers export price increased by +84.7% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 26%. Over the period under review, the average export prices reached the maximum in 2021 and is expected to retain growth in years to come.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Taiwan (Chinese) ($X per unit), while the average price for exports to Poland ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was recorded for supplies to Taiwan (Chinese) (+9.5%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Straw Or Fodder Balers, Including Pickup Balers

Imports into Norway

In 2021, straw for fodder balers imports into Norway dropped to X units, declining by -8% against the previous year. Overall, imports continue to indicate a perceptible shrinkage. The growth pace was the most rapid in 2014 when imports increased by 22% against the previous year. Over the period under review, imports reached the peak figure at X units in 2016; however, from 2017 to 2021, imports remained at a lower figure.

In value terms, straw for fodder balers imports stood at $X in 2021. In general, imports continue to indicate a pronounced descent. The most prominent rate of growth was recorded in 2014 when imports increased by 25%. As a result, imports reached the peak of $X. From 2015 to 2021, the growth of imports remained at a lower figure.

Imports by Country

France (X units), Germany (X units) and Poland (X units) were the main suppliers of straw for fodder balers imports to Norway, with a combined 75% share of total imports.

From 2012 to 2021, the most notable rate of growth in terms of purchases, amongst the main suppliers, was attained by Poland (with a CAGR of +23.7%), while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest straw for fodder balers suppliers to Norway were France ($X), Germany ($X) and Poland ($X), together comprising 74% of total imports.

Poland, with a CAGR of +24.3%, 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

The average straw for fodder balers import price stood at $X per unit in 2021, growing by 9.1% against the previous year. Overall, the import price, however, showed a relatively flat trend pattern. The import price peaked at $X per unit in 2014; however, from 2015 to 2021, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2021, amid the top importers, the country with the highest price was the UK ($X per unit), while the price for Hungary ($X per unit) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Ireland (+2.7%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

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