Norway: Market for Table, Kitchen Or Household Articles Of Cast Iron 2025

Market Size for Table, Kitchen Or Household Articles Of Cast Iron in Norway

In 2022, after two years of growth, there was decline in the Norwegian cast iron household articles market, when its value decreased by -3.8% to $X. Over the period under review, consumption enjoyed resilient growth. Cast iron household articles consumption peaked at $X in 2021, and then dropped modestly in the following year.

Exports of Table, Kitchen Or Household Articles Of Cast Iron

Exports from Norway

After two years of growth, overseas shipments of table, kitchen or household articles of cast iron decreased by -20.1% to X tons in 2022. Over the period under review, exports, however, saw pronounced growth. The most prominent rate of growth was recorded in 2013 with an increase of 172% against the previous year. As a result, the exports attained the peak of X tons. From 2014 to 2022, the growth of the exports remained at a somewhat lower figure.

In value terms, cast iron household articles exports reduced dramatically to $X in 2022. In general, exports, however, saw strong growth. The pace of growth was the most pronounced in 2013 with an increase of 285% against the previous year. As a result, the exports reached the peak of $X. From 2014 to 2022, the growth of the exports failed to regain momentum.

Exports by Country

Sweden (X tons) was the main destination for cast iron household articles exports from Norway, accounting for a 91% share of total exports. It was followed by Denmark (X tons), with a 2.9% share of total exports. Belgium (X kg) ranked third in terms of total exports with a 1.7% share.

From 2012 to 2022, the average annual rate of growth in terms of volume to Sweden amounted to +3.7%. Exports to the other major destinations recorded the following average annual rates of exports growth: Denmark (+7.0% per year) and Belgium (+7.9% per year).

In value terms, Sweden ($X) remains the key foreign market for table, kitchen or household articles of cast iron exports from Norway, comprising 80% of total exports. The second position in the ranking was taken by Belgium ($X), with a 4.3% share of total exports. It was followed by Denmark, with a 2.6% share.

From 2012 to 2022, the average annual rate of growth in terms of value to Sweden totaled +8.3%. Exports to the other major destinations recorded the following average annual rates of exports growth: Belgium (+9.0% per year) and Denmark (+0.3% per year).

Export Prices by Country

In 2022, the average cast iron household articles export price amounted to $X per ton, rising by 3.2% against the previous year. Overall, the export price continues to indicate a buoyant expansion. The pace of growth was the most pronounced in 2019 an increase of 119% against the previous year. As a result, the export price attained the peak level of $X per ton. From 2020 to 2022, the average export prices remained at a lower figure.

There were significant differences in the average prices for the major foreign markets. In 2022, amid the top suppliers, the country with the highest price was Belgium ($X per ton), while the average price for exports to Sweden ($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 Poland (+128.9%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Table, Kitchen Or Household Articles Of Cast Iron

Imports into Norway

For the fourth consecutive year, Norway recorded growth in purchases abroad of table, kitchen or household articles of cast iron, which increased by 0.5% to X tons in 2022. In general, imports posted prominent growth. The pace of growth appeared the most rapid in 2014 with an increase of 59% against the previous year. Over the period under review, imports hit record highs in 2022 and are expected to retain growth in the immediate term.

In value terms, cast iron household articles imports contracted to $X in 2022. Overall, imports continue to indicate a strong expansion. The pace of growth was the most pronounced in 2014 when imports increased by 50% against the previous year. Imports peaked at $X in 2018; however, from 2019 to 2022, imports failed to regain momentum.

Imports by Country

In 2022, China (X tons) constituted the largest cast iron household articles supplier to Norway, with a 80% share of total imports. Moreover, cast iron household articles imports from China exceeded the figures recorded by the second-largest supplier, France (X tons), sixfold.

From 2012 to 2022, the average annual rate of growth in terms of volume from China amounted to +19.3%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+36.2% per year) and Denmark (-32.7% per year).

In value terms, China ($X) constituted the largest supplier of table, kitchen or household articles of cast iron to Norway, comprising 64% of total imports. The second position in the ranking was held by France ($X), with a 27% share of total imports.

From 2012 to 2022, the average annual growth rate of value from China stood at +18.2%. The remaining supplying countries recorded the following average annual rates of imports growth: France (+37.1% per year) and Denmark (-34.9% per year).

Import Prices by Country

The average cast iron household articles import price stood at $X per ton in 2022, reducing by -8.9% against the previous year. Over the period under review, the import price recorded a perceptible decrease. The pace of growth was the most pronounced in 2018 when the average import price increased by 22% against the previous year. The import price peaked at $X per ton in 2013; however, from 2014 to 2022, import prices remained at a lower figure.

There were significant differences in the average prices amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was France ($X per ton), while the price for China ($X per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by France (+0.6%), while the prices for the other major suppliers experienced a decline.

Source: IndexBox Platform

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