Report Update Nov 1, 2024

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

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Norway: Unvulcanised Rubber Market 2024

Unvulcanised Rubber Market Size in Norway

After two years of decline, the Norwegian unvulcanised rubber market increased by 7.1% to $X in 2021. Overall, consumption continues to indicate a abrupt contraction. Unvulcanised rubber consumption peaked at $X in 2014; however, from 2015 to 2021, consumption failed to regain momentum.

Unvulcanised Rubber Exports

Exports from Norway

In 2021, shipments abroad of unvulcanised rubber increased by 59% to X tons, rising for the third consecutive year after two years of decline. Over the period under review, exports enjoyed a significant increase. The most prominent rate of growth was recorded in 2016 with an increase of 10,143%. As a result, the exports reached the peak of X tons. From 2017 to 2021, the growth of the exports failed to regain momentum.

In value terms, unvulcanised rubber exports soared to $X in 2021. In general, exports recorded significant growth. The pace of growth appeared the most rapid in 2016 with an increase of 7,174%. The exports peaked in 2021 and are expected to retain growth in the immediate term.

Exports by Country

Nigeria (X tons) was the main destination for unvulcanised rubber exports from Norway, with a 62% share of total exports. Moreover, unvulcanised rubber exports to Nigeria exceeded the volume sent to the second major destination, France (X tons), fourfold. The third position in this ranking was held by Spain (X tons), with a 7.9% share.

From 2012 to 2021, the average annual growth rate of volume to Nigeria amounted to +416.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: France (-24.9% per year) and Spain (+1,379.4% per year).

In value terms, Nigeria ($X) emerged as the key foreign market for unvulcanised rubber exports from Norway, comprising 68% of total exports. The second position in the ranking was taken by Spain ($X), with a 16% share of total exports. It was followed by France, with a 4% share.

From 2012 to 2021, the average annual rate of growth in terms of value to Nigeria amounted to +786.0%. Exports to the other major destinations recorded the following average annual rates of exports growth: Spain (+2,034.5% per year) and France (-34.0% per year).

Export Prices by Country

In 2021, the average unvulcanised rubber export price amounted to $X per ton, surging by 110% against the previous year. Over the period under review, the export price recorded a notable increase. The most prominent rate of growth was recorded in 2018 when the average export price increased by 290%. As a result, the export price attained the peak level of $X per ton. From 2019 to 2021, the average 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 Spain ($X per ton), while the average price for exports to France ($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 (+71.7%), while the prices for the other major destinations experienced more modest paces of growth.

Unvulcanised Rubber Imports

Imports into Norway

In 2021, imports of unvulcanised rubber into Norway shrank to X tons, declining by -8.9% compared with the previous year's figure. Overall, imports saw a deep slump. The most prominent rate of growth was recorded in 2014 when imports increased by 43%. As a result, imports attained the peak of X tons. From 2015 to 2021, the growth of imports failed to regain momentum.

In value terms, unvulcanised rubber imports soared to $X in 2021. Over the period under review, imports showed a deep setback. The growth pace was the most rapid in 2018 with an increase of 29%. Imports peaked at $X in 2014; however, from 2015 to 2021, imports stood at a somewhat lower figure.

Imports by Country

Sweden (X tons), Germany (X tons) and Italy (X tons) were the main suppliers of unvulcanised rubber imports to Norway, together comprising 87% of total imports.

From 2012 to 2021, the biggest increases were recorded for Germany (with a CAGR of +51.2%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, Sweden ($X), Germany ($X) and the UK ($X) appeared to be the largest unvulcanised rubber suppliers to Norway, together comprising 88% of total imports. These countries were followed by Belgium, Italy, Denmark, Turkey and the Netherlands, which together accounted for a further 9.3%.

Among the main suppliers, Turkey, with a CAGR of +56.3%, recorded the highest rates of growth with regard to the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

The average unvulcanised rubber import price stood at $X per ton in 2021, increasing by 29% against the previous year. Overall, the import price continues to indicate a resilient expansion. The pace of growth was the most pronounced in 2019 when the average import price increased by 37% against the previous year. Over the period under review, average import prices hit record highs in 2021 and is expected to retain growth in years to come.

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

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Turkey (+8.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Source: IndexBox Platform

Frequently Asked Questions (FAQ) :

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

China remains the largest unvulcanised rubber consuming country worldwide, comprising approx. 26% of total volume. Moreover, unvulcanised rubber consumption in China exceeded the figures recorded by the second-largest consumer, the United States, threefold. The third position in this ranking was occupied by India, with a 9.3% share.

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

The country with the largest volume of unvulcanised rubber production was China, accounting for 25% of total volume. Moreover, unvulcanised rubber production in China exceeded the figures recorded by the second-largest producer, the United States, threefold. India ranked third in terms of total production with an 8.8% share.

What are the leading suppliers of unvulcanised rubber to Norway?

In value terms, the largest unvulcanised rubber suppliers to Norway were Germany, Sweden and the UK, with a combined 89% share of total imports. These countries were followed by the United States, Italy, Belgium and Turkey, which together accounted for a further 9.9%.

What are the leading importers of unvulcanised rubber from Norway?

In value terms, Denmark emerged as the key foreign market for unvulcanised rubber exports from Norway, comprising 54% of total exports. The second position in the ranking was occupied by France, with a 21% share of total exports. It was followed by Italy, with a 10% share.

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

The average unvulcanised rubber export price stood at $11,834 per ton in 2020, with an increase of 46% against the previous year.

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

In 2020, the average unvulcanised rubber import price amounted to $6,186 per ton, picking up by 7.5% against the previous year.

This report provides an in-depth analysis of the unvulcanised 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 22192013 - Rubber compounded with carbon black or silica, unvulcanised

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:

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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
How to boost your sales on overseas markets
How to increase your profit margins
How to make your supply chain more sustainable
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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